They are the latest and most profitable financial instrument to conquer the global markets in the past few years. Traders from around the globe are investing in binary options to add liquidity to their portfolios safely and with minimal risk. Here you can read about our favorite Binary Options Trading System.
What are is the..
..definition of “binary option”: a binary option is a financial opportunity that offers investors a fixed price and a fixed return. Binary options are also known as Fixed or Digital options and are traded only on the internet.
Binary combine the analytical aspects of day trading with the lucrative features of options trading so that traders can maximize their profits while minimally investing their time and capital. Quite simply, a binary options is a financial tool that allows you to predict if the market price of an asset will rise or fall within a certain time period. The period of expiry can range from one minute to a number of days, depending on your choice.
Forex Trading versus Binary Option Trading
Forex trading and binary options trading have many similarities, but there are also some important differences. In this blog post about “Forex Trading versus Binary Options Trading” I will discuss some important advantages and disadvantages, and discuss forex binary options trading.
No complicated calculations with binary options are necessary where Forex trading often requires complicated calculations before you actually can open a position. Calculating your risk is very easy, but you should also calculate the lot size and depending on the currency pair and the currency of your account, you must also convert to the correct value. Although there are excel files where you only have to fill in the data, it takes a relatively long time. Especially when you quickly want to open a position.
With binary options, this is all much easier. You just need to calculate your risk. You do not have to convert or something like that, so you can quickly open a position.
Magnum Options is a dedicated binary options broker using a sophisticated trading platform which attempts to satisfy both retail investors and institutional clients alike. Both the beginner and the experienced trader. The results are entirely successful but they certainly must be doing something right over there. We’ve been aware for a while now that in a relatively short time the binary options broker Magnum Options has risen to become one of the most popular among traders and it was time we found out for ourselves whether or not this popularity was justified. As usual our trader opened her account with the minimal amount and spent 30 days running the good folks over at Magnum Options and their software through a thorough examination to bring this magnum options review.
Our test trader was new to this kind of trading. He has spent only one evening reding the online binary option trading guide which explained in a lousy 28 steps the basics on binary option trading.
Here’s what we found out…
If you would like to read more about binary options, please read this review from my favourite broker Magnum Options. They are a relatively new company founded in 2010 in London. There is something unique about that broker you will recognize immediately: Their design and CI is top notch and you feel very welcome as a new trader. The demo account is also something that you won’t find at every other broker. This way novice traders can get used to binary option trading and work on their trading strategies.
Magnum Options wouldn’t be one of the leading brokerage companies if the profits were not in the upper range. Weekly market updates by email, a mobile responsive website and excellent customer service are just a few things that make this broker stand out from the crowd.
Options 6 Tips to Win
There are a few binary options tips that you can use to help jumpstart your trading career. While these tips don’t provide profitable trades 100 percent of the time, they are right often enough in order to keep your trading headed on the right track. Try these tips to win binary options out and customize them to suit your own trading needs.
Are you a gold digger? Trading gold binary options is almost effortless. Rather than having to buy gold and stockpile it in a safe and wait for it to appreciate in value over the years, you can use gold binary options to help you build wealth in a more immediate fashion. This type of trading doesn’t actually give you ownership of gold, but it does allow you to make a 60-80 percent return on a single trade. These can last as little as a few minutes. It would take years for an actual gold bar to give you this type of return.
But with gold binary options, you don’t have to wait years. By taking advantage of the natural ups and downs that all binary assets experience, you can make a lot of money with binary options—and you never need to worry about ownership issues. Read all about trading gold in this post.
What are Forex Binary Option?
Forex binary options are options that simplify the complex forex market so that traders can reduce their exposure to volatile currency markets. With binary options, a trader can invest in the essential idea of forex trading without the complicated investment structure.
Forex binary options are binary options that use a forex paring as its asset. For example, you invest in a binary option with the underlying asset being the USD/GBP. While binary options may encompass a variety of asset types for binary options, forex binary options deal only with binary options that focus on currency pairings.
Gone are pips, cross-rates, leads & lags, and all the other forex trading terminology that you spent hours memorizing. Forex binary options are the distilled essence of forex trading: will one currency strengthen or weaken in comparison to another?
By investing in options, you are actually investing in the tried and true core of the global forex markets. Magnum Options’ Binary Options section gives you all basic information needed to succeed. You can read more about the Forex binary option market on this site, where you can read about Binary Options UK.
Binary Options Broker
Launched earlier this year, Magnum Options offer a sleek, simple web based platform to trade. Trading becomes easier with Magnum Option and their top of the line mobile application, standard to all users; enabling traders with the ease and convenience to trade anywhere at any time whilst keeping up to date on the latest in their stats and the market. This first-class Platform is 100% web based and a great trading experience for all levels of traders. Magnum Option provides a wide range and variety of 61 globally underlying assets for their users to trade on:
- 22 stocks,
- 7 commodities,
- 9 currency pairs,
- 23 indices
The expiry times for most assets are hourly, daily, weekly and even monthly! This convenient range of timings is one of the best features we liked about this broker. A Binary Broker Review can be found in our forex article.
In the following paragraphs the 8 benefits are explained with more details. Kindly check this video:
In the end..
..this is a lot of information to remember. If you would like to know more about this particular topic, exotic options trading, then please let me guide you to the glossary and the dictionary section.