Binary Options

Tutorials and secrets from the experts will help you acquire the knowledge you need to make a money quickly.What are binary options?
Binary options are a type of option. The basic principle of working with binary options involves determining the direction in which the price of an asset (a currency pair, a tradable commodity, or company stock) will move.
A binary option is a transaction, the performance of which entails merely predicting the movement of the price of a certain market asset during a certain period of time. For example, you might predict that the value of the dollar relative to the euro will increase or decrease in a day. These options are called “binary” because there are always two things the trader can do: expect the price to rise or fall. It’s as simple as that.
Primary features of options
Control over the result: when performing a transaction to purchase an option, the trader knows exactly what the percentage of profitability the option has and how much profit will be made in the end.
Exact time frames: an option is purchased for a specific period of time called the “expiration period.” When this period expires, the transaction is complete.
Managed risk: options are purchased for a certain amount of money for which profit is calculated in advance. If the transaction is unsuccessful, the amount is lost in its entirety.
Accessibility: binary options can be traded all year round, including weekends and holidays, with no restrictions on time of day.
Unlike trading on the Forex market, there is no need to perform a detailed analysis to determine the strength of a developing trend. The core idea involves knowing the direction in which the price of an asset will move: up or down. A correct prediction — even by a single point — is all it takes to guarantee the previously-established profit.
Because of this, binary options are considered a simple way to make money, and they are attracting traders from all over the world. They increase the potential for securing contracts and the selection of points at which options can be purchased for specific assets.
You probably have the following questions:
- why do currency values and/or the prices of assets/stocks change, and which factors do I need to consider when making transactions?
- how risky is trading for newcomers?- how can I develop my own profit strategy?
By viewing our articles, you will get a full overview of trading on this market. Learn what base and quoted currencies are, how to calculate transaction volumes in lots, how an advisor can help you, and much more. Consisting of seven lessons, our course covers topics from the factors that influence currency prices to how to understand graphical tools and the right way to apply credit leverage.
What do I need to do to start making money?
Go through the tutorial to familiarize yourself with the core principles of binary options and master the functions of exchange terminals and market analysis techniques.
Register on a broker website and get a demo account you can use to hone your skills and test your abilities by applying trading strategies.
Every experienced trader has to start somewhere. Our lessons will help you achieve success and avoid pitfalls. Complete the tutorial to make more effective use of the functionality of trading platforms and apply methods for fundamental and graphical analysis.
You can find answers to all your questions on the pages of our app.