10 Step Guide to Binary Options Trading
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Binary Options are a way that anyone can profit from the movement in value of a large and dynamic range of commodities, assets, stocks and shares or even Forex.
The reason why these types of financial trades have become so hugely popular is that traders have to make just one of two possible decisions when placing them, that being yes or no decision which in Binary Options trading are known as Put or Call trades.
There is no requirement to actually purchase for example gold bullion if you wish to place a Binary Options trade on the value of gold, you simply need to decide whether the value of gold will rise in value or fall in value over any given time period.
One major advantage of placing Binary Options trades is that you will find a range of different expiry times are available which can be as short as just 60 seconds or as long as one month.
If you are new to the world of Binary Options trading then below is our 10 step guide (infographic ) which will enlighten you on all there is to know about placing Binary Options trades at any of our featured Brokers.
We are more than confident that once you read through the following guide you will be then able to place a large and very varied range of Binary Options trades online either via a no risk demo trading account or as a real money trader.
What Trades to Place The first decision you need to make when you are thinking of placing any type of Binary Options trade is just what asset, commodity or stock exchange you wish to place your trades on.
Once you have made an educated decision on just which type of asset, commodity or stock exchange you are interested in placing your trade or trades on you will need to decide just which way you think the value of that trade will move.
If you think for example the value of let’s say oil will fall in value then you will need to place a Put option, however if you think that the value of oil will increase in value then you will need to place a Call option.
Choosing a Broker You will of course need to select a Binary Options Broker to place your trades at, and with that in mind we would advise you to take some time taking a look through each of our reviewed Binary Options Brokers.