Binary options trading is increasingly of interest to traders. Many forex brokers open binary options trading on their base. The licenses and regulator for trading are the same as for forex. Therefore, it is not worth talking about the honesty of binary options and forex brokers. The requirements of government agencies for financial institutions are exactly the same.
Advantages of trading binary options
Ease of trading binary options . This is the easiest type of trading. Binary options trading strategies are not much different from forex strategies. Managing the marketplace is much easier than the rest. Practically, it takes only 20 minutes to understand how to technically trade binary options.
Acquisition. If you choose to trade in the binary options market, you can independently set the size of the investment and trade what was not possible before, as in the forex market. In addition, you can determine the risks of trading binary options. The option price is fixed and does not change the underlying trade. If your prediction turned out to be correct, you know how much you will get, if it is incorrect, what the payout is.
Unlimited. Adjustments are not limited, the purchase of an option is possible at any moment 24/7. Traditional options, unlike binary options, cannot provide such a wide range of assets. You can work at home on the Internet at any time of the day, which significantly gives superiority over other tools.
High profits. Of all the types of trading, binary options trading is the most profitable. You can pocket from 69% to 89%, which is really the maximum rate of profitability in the open financial market.
Short-term investment in binary options . A long term is the most unpleasant thing for any investor. If we talk about regular options, they take a long time to exercise, sometimes even too much, and binary options are short-term and flexible.
Volatility. Binary options trading is much more profitable compared to markets characterized by volatility, because payouts and profits are always fixed. Trading is carried out not by investing in assets, but in options.
Conclusion
The popularity of binary options trading is caused by the possibility of a less risky type of trading, and maximum earnings in the shortest possible time.