For successful Forex trading, luck is not enough, you must have the appropriate knowledge and experience. If you want to immediately start making money, you can try to trade binary options. There is no need to have an idea about the structure of the market, possess the tools of technical analysis or develop your own trading system. All you need to do is determine where the price will move. Below you will find the ranking of brokers binary options, which were only the best brokers offer favorable trading conditions.
hat is binary options?
Binary options are called contracts that are bought to improve the (Call) or decreasing (Put) price for a certain period of time (5 minutes, 1 hour or day). When you buy an option from your account is debited in the amount of the bet. Even in the case of misuse of the forecast you will not lose more than your bet, that is, you know in advance how much you can lose in a single trade. If your prediction come true, then you can get up to 85% of the profits, and if the forecast was wrong some popular binary options brokers at the expense of return of up to 15% of the bet. To forecast was justified, it is necessary that the price has passed at least one point in your direction. This is another advantage over trading. Making a binary options can be even in the absence of a strong movement in the market.
Types of Binary Options
The best binary options brokers, presented in our rating, offers the following types of binary options:
- Classical binary options. Buying Call or Put options with a fixed income and a known loss is the most popular. As the underlying assets are currency pairs, CFD contracts, precious metals, etc. Etc .;
- Option “60 seconds”. Lets make a increase or decrease the options for one minute;
- Option “one touch”. To reap the benefits of this option, you must make a prediction, if the price reaches the appropriate level on the chart or not.