A binary option is as simple to understand an investment as you can just imagine - but that is not the only fact people are opening an account for a binary options broker. There are a lot of reasons people are finding binary options trading lucrative.
Consider:
A binary option trading platform does not charge a commission
Binary options trading gives the maximum yield of a fixed return short term investment
Binary options turnover hourly, allowing trading capital turnover very fast
Investment time is determined in hours or minutes and not days or months or even years
Binary options trade at the fixed price of the concerned security - no bid/ask spread
Investments are executed in fixed dollar quantities - not amount of shares
Binary trading is only done on the most popular branded stocks, indexes, and forex cross pairs
Downside risk is limited only to the amount of the first investment
Common "up or down" nature of choices limits the number of variables affecting returns
Binaries may be paired up with other types of investments to produce multiple "either/or" situations to catch profits
Frequently even "out of the money" options offer some type of nominal return of invested money.
...and if that weren't good enough, sometimes they give bonus cash (like right now!) to encourage trading.
It Really Is That Simple
To build a trade all you need to do is pick a direction and ascertain how much you prefer to invest.
In the past making profits in the stock market needed a massive investment, hours of meticulous research, high commissions and upfront costs, and long waits for investments to pay off
Not Anymore
Possibly with just TWO effective $200 trades a day a lucky trader can pull down $300 in revenue per day. With just $100 investors can open an account and start trading on the movement of stock market trading compared to be tied to the AMOUNT of the movement.
You don't have to know an enormous amount of finance to learn how these trades work nor do you need a large amount of capital to start. All traders need to do ultimately is make a choice...
Choosing the right binary option trading platform is critical because of this and you can't ignore importance of that.
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