HOW THE BUSINESS WORKS
Financial spread trading is
simply predicting the direction of currencies, stocks index etc within a period
of time based on accurate analysis.
TYPES OF TRADE AVAILABLE
Sometimes
the markets are simply trading in the same range. Binary Options enables
something not offered by other types of trade. You could use a “Barrier Range
Trade” or “No Touch Range”. This means that you win if the market does
not hit either the specified higher or lower levels during the period of the
bet. Binary Options lets you place fixed odd financial predictions which means either you win a fixed
amount of money, or you get nothing upon expiry. You can also sell your bet
before the closing date to mitigate your losses. Each prediction takes a small amount
of commission, but you choose when you want to close the bet (it can be as
little as 1 minute or as long a month). Bet prices are calculated using a
variety of different models from complex mathematical algorithms to simpler
methods taking into account demand and market price. You are allowed to bet on
all the major world markets and currencies. You can bet on indices like
the FTSE 100, US and UK Shares, Forex, Crude Oil and Gold.
Before playing for
real money at Binary Options you may decide to open a FREE Practice/Demo Account with 10,000 of virtual funds to
play with. This will allow you to familiarize yourself with the software before
spending your money. Binary Options has created a range of innovative and exciting ways to allow you to start
financial fixed odds betting. Binary Options essentially offers odds in financial markets which are
presented in a really interesting format. They differ from traditional fixed
odds bookmakers in that they have developed some clever software to allow them
to do this in a unique way. The complex algorithms that Binary Options uses allow
them to offer a range of bets on Forex currencies, UK / US stocks and
commodities (Crude Oil and Gold).
HOW TO START
Go to google and search "Best Binary Options Brokers"; this will present you with the good ones based on past reviews, as some of the brokers are dubious. First sign up for a DEMO ACCOUNT. Practice with this demo account for a while, say few weeks.
This will enable you to understand the pros and cons of the business. Thereafter,
you will decide whether or not to invest your real money in it.
BETWEEN FOREX TRADING AND BINARY OPTIONS
Betters actually jump in
without analysis, they only take chances while traders look at the market, analyze
it and are able to tell the particular market direction within a period of time
based on accurate analysis.
BETWEEN FOREX TRADING AND BINARY OPTIONS.
ADVANTAGES OF BINARY OPTIONS
• Tax Free Investments • No Capital Gains Tax • No Income Tax • No Betting Tax • free practice account to trade with – learn the system at no cost • many types of analytical charts, including real time forex charts • no fees or commissions •When paying by credit/debit card, the funds are available immediately. • The innovative bets make it possible to trade forex, stocks indices and commodities • Super easy format to place bets which takes seconds • Opening an account takes minutes • You can trade in GBP, EUR or USD. You can even transfer funds from one currency to another • You can take profits or reduce loses by closing a trade early
So what are you waiting for? Head on to the site, practice for a while and then start making tons of cash.
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