In Binary Option Trading, all you are doing is betting on the rise or fall of assets such as a stock, commodity (gold, oil, silver), currency (US dollar, Japanese Yen, or Euro) or index. Most common feature of binary options is that they are short term trades for investment ranging from 60 seconds to 60 minutes. Days, or Weekly binary options are also available, but for the better return of the investment people like the short term gratification of winning and losing over weekly binary options which has a slightly different way of trading. Weekly binary options have expirations within a week and require them to achieve their trading result within the weekly timeframe.
Once you’ve decided to start investing in binary options, the next step is to look for a binary options’ broker.
What Do Binary Option Brokers Do?
Brokers are the people who handle trader’s orders to buy and sell securities or assets using Binary Option Trading. In the same way that a Super-market like Shop-keeper acts as a middleman between shoppers and the companies that produce product, a broker acts as a middleman between the securities/assets that trade on the market and the investors who buy them.
The word "broker" can be used in a variety of instance depending on the situation. It could mean an individual person you deal with or it can refer to a brokerage firm such as Charles Schwab or Merrill Lynch. To be a certified Broker in the USA, you must pass two licensing examinations from the NationalAssociation ofSecurities Dealers (NASD): the Series 7 and the Series 63. These exams prove that a broker is aware about what he or she is selling and knows all the laws and regulations in the binary option trade industry. Most countries have similar licensing programs like US.Binary option Brokers offers a range of investment and trading options to its traders and institutional investors. In addition to the wide variety of instrument options, Binary option Brokers supports several trading platforms, like for desktop PC, mobile, each designed to meet the various needs of active customer who is trading.
Binary option Brokers’ integrated approach makes it possible to trade global products on multiple assets denominated in multiples currencies, with a global presence.
Some major Issues to look for while choosing a Binary Option Broker:
· Regulation
· Range of trade types
· Trading Software
· Payouts
 | Binary
options are a form of digital trading option where the payoff can either be
some fixed amount of some asset or absolutely nothing. Cash-or-nothing binary option and the Asset-or-nothing
binary option are the two types of binary options. These Binary options are usually European-market-style options. Binary Options Trade is also referred to as all-or-nothing options, digital options (which is more common in Forex or interest
rate markets), and Fixed
Return Options (FROs) (on the American Stock Exchange) and has been
available since the middle of 2008 for trading. Binary option trading can be
done online by having specialized broker as consultant. |
