Binary options bonusescan be a trap, or they can help the trader not to risk their money. This article will teach you how to start making money trading binary options, without a large investment. How to find a middle ground and what bonus to take from a broker.
Binary options brokers take advantage of the bonus to attract traders because traders want to earn more. But many then regret the moment when they agreed to take a binary options bonus from a broker. It must be remembered that free cheese is in a mousetrap, but if you know how to work with it correctly, you can use it for your own benefit and earn money at the expense of binary brokers.
Conditions for receiving the bonus
One of the main pitfalls of a binary options bonus is the terms and conditions of a refund or withdrawal. If a trader has received a bonus, he must understand exactly what conditions he can withdraw his money and when. Since some brokers ask you to make a certain number of transactions and volume. Traders start to recoup and end up almost always losing their money. These conditions have their own logic. An options broker doesn’t want to risk their money. Therefore, by giving the trader a bonus, he can return them only at the expense of the trading volume. If the bonus is limited in time, most likely the trader will not be able to work out the necessary conditions and will lose his money. Before taking the bonus, check the terms of withdrawal of funds and working out the bonus.
[sc:Bot]
Types of bonus
There are several types of binary options bonus:
- Welcome or for registration – a percentage of the deposit is credited to the trader’s account after the first deposit
- Option bonus for additional/repeated deposit – a percentage of the deposit is credited to the trader’s account after the second deposit
- Bonus for a friend – if you brought a friend to trade with a broker, you may be credited with a bonus
- Risk-free binary options trades – the bonus is credited after you have made a deposit and made a certain number of transactions.
Binary Options Bonus and Bonuses of Binary Options Brokers
How to Make Money on Binary Options Bonuses
To turn binary option trading with a bonus into profitable ones, you need to work only according to the strategy that is intended for this.
The goal is to work out the conditions of the bonus and stay at least at zero. That is, you earn a bonus. By making a deposit of $1000 and receiving $1000, if you didn’t earn or lose during the bidding, you earned $1000. If you lose $1000, then you just stayed with your money. With the calculation that you need to make transactions in the amount of 15 or 20 times the binary bonus taken, and the minimum transaction is $ 10 (maybe $ 5 depends on the broker), on average, you need to make 10 transactions for every $ 100. Therefore, taking a bonus of $ 1000, we need to make about 100 transactions.
The calculation is the amount of the bonus divided by the size (the minimum bet of the minimum wage for the required amount). For example: $ 1000 (bonus) * 20 (how many times you need to make a volume) / (10 (minimum bet) = 2000 transactions. That’s a lot. On the other hand, you can open a $100 trade, so you only need to make 200 trades. It is very important to remember that when wagering a binary options bonus, you should not rush. And accurately and clearly define the minimum transaction and the duration of trades. Only ordinary classic binary options are traded.
Rules for bidding:
- Only according to the trend. The trend must coincide at least in 3 half frames.
- You can trade on an increase
- You can increase the volume of a positive transaction
- The deal must be closed either at zero or at a minimum plus.
If you trade with the trend of binary options, you will be able to increase your chances, as it is easier to predict the long-term direction of the price. It is also necessary to close the transaction at zero, the goal is to earn a binary bonus, and not to make money on the transaction, for this there are less risky binary strategies.
By correctly calculating the period of time for which the bonus will be wagered, you will not make hasty decisions and will not make mistakes. Now for some math. If you made a deposit of $ 300 and received a bonus of $ 300, you need to make a volume of 300 * 15 = 4500. If the minimum trade is $10, the number of trades required is 450.
According to statistics, you will have 1/3 in 0, 1/3 in plus and 1/3 in minus. Thus, you will be in the black, because you not only wager your binary bonus, but also earn. Some professional traders use news trading strategies to work out a binary bonus. This allows you to increase the number of transactions, as well as volumes.
Binary Options Trading Strategies
Inference:
Binary options bonuses can be a trap, or they can provide an opportunity to earn. If you approach the issue of working out the bonus correctly and with a clear calculation, you can earn at the expense of a binary broker. If you try to recoup, you can lose everything. Do not enter trades without a trading plan. Learn and earn. Choose a binary options broker with the best bonus.
Tagged with: Binary Options Bonuses
