What is binary options and how make profit on binary options trading

It turns out that not everybody understands binary options. I decided to bring some clarity - explain on fingers. And I really don’t care when spiteful critics say that binary options are a complete scam. 

If head does not work - then it’s scam. Trading binary options is a great opportunity to learn to understand the market, so called, learn before larger capacity. 

Let's go! So what is binary options - another scam or a real possibility of earnings. I do not claim to be a pro in this area, but a two-year self-taught experience gives me the right to express my thoughts. 

As Wikipedia tells us: "Binary options (digital option, the option of" all or nothing "option or fixed return) - a type of option in which the payoff can take only two possible outcomes, either some fixed monetary amount (or a precise predefined quantity or units of some asset) or nothing at all (in contrast to ordinary financial options that typically have a continuous spectrum of payoff). The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options (FROs)" 

Abstruse, right? But it is clear enough. I think it is not necessary to explain. Initially, the options were not available to mere mortals, only to the players with big capital. 

In 2008, the American Stock Exchange (AMEX) and the Chicago Board Options Exchange (CBOE) launched a systematic binary options trading. 

The first conclusion - this is not a scam. In America do not joke with such things. However, brokers, who appear on the binary options market, are not related to these exchanges. For someone it will seem a revelation, but it is. They only offer their platforms. But for us, it doesn’t matter where to trade. For US stock exchanges we are not yet mature enough. For me important thing is to get my money without any problems. 

But how to make and where to begin - here are more details. The most important thing - it is to choose a broker! They are a huge number now. And all offer the best conditions for a super-duper player. 

How to make sense of this diversity? Very simple. There is a serious organization as the Cyprus Commission for the Securities and Exchange Commission (CySEC). This is the official financial regulator. The Commission is engaged in brokers licensing. And further - Malta Financial Services Authority (MFSA) has indicated binary options regulation on the EU Directive "Markets in Financial Instruments» (MiFID) basis. These regulations are all strictly. 

Center of regulation of relations in the financial markets (FMRRC) - makes the second conclusion - binary options is quite legitimate financial instrument. So If the broker is licensed, you can work with him. At least it is always possible to complain.

The third conclusion - binary options trading is legitimate business. 

Do you have any questions? 

I started to study binary options by opening an account with a broker Bank De Binary. Firstly, because there you can trade for $ 1, and secondly, he was the first to receive a license from CySEC. For a beginner it was very good. 

Further more - Finpari. For myself the best broker is 24option. 

I will tell you a terrible secret - not all earn in this business. I don’t know the percentage, but by the comments in the forums and reviews on the Internet - there are many. Those who leaked deposit overnight and blames his broker - I call failures. 

Yes, in advertising binary options being touted as an easy and simple earnings. In fact, this is so wrong. It is easy because there are only two buttons, choose any, and the schedule of the asset. All! Difficult - because everyone needs to learn. Learn technical analysis, study to understand the market. Without knowledge, no, no. If you do not want to learn, do not climb. But such a smart opportunity will pass you by. 

More over - to venturesome people binaries are contraindicated! This is not a casino and lottery.
What is interesting to this business?
Firstly, I do not depend on anyone, just me and computer. You can trade anywhere where you have internet. Almost all brokers have the ability to install a mobile application.
Second, two buttons - I need to predict only movement of prices. Many assets and no hidden fees.
Third, very high income in a short period of time. I don’t know what kind of business can bring up to 90% per minute. Maybe you know - I don’t.
Fourth, you can earn very big sums.  
My payments screens I have never been exhibited, showing income on public is unethical, it is like opening your wallet to everyone you meet on the street, and don’t trust others who post payments on the Internet. In the age of Photoshop, you can do whatever you want.
In any case, each one of us takes his own decision - to trade or not to trade. But if such a thought crept in - you must try. And only aim for success and getting results like these.
The 24option broker site constantly provides information about last good deals.
 
Where to start?
Well, of course with the study. Find the necessary information from the broker itself. Start with education. In fact, this is a very exciting and breathtaking process. This article is briefly about all the wisdoms. I will gradually spread to the blog all I know myself, I will share my experience with you. Hope it will help you.
Some tips come in handy when you start trading:
From experience I can say that it is best to trade on Tuesday, Wednesday and Friday. And I must follow the world news, if news is unexpected, it is best to relax and spend time with the girl, not the computer.


Good luck to all!

24option 
Finpari
Bank De Binary