How to make money on binary options trading Basic rules.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

How to make money on binary options trading? Basic rules.

Advertising banners of earnings on Forex today is almost everywhere, no one is surprised, but financial markets are not standing still, and every year there are new tools for making a profit. One of the latest innovations are binary options. Despite their simplicity and availability, there are still doubting traders who do not admit that such a derivative is capable of making a profit.

A binary option is a financial contract, under which the parties assume certain obligations to perform the specified actions with the basis. A basis is any financial instrument – shares, raw materials, currency pairs. A trader does not buy the asset itself, but only a special contract with fixed profits and risks. If the conditions of the contract are fulfilled at the agreed time, then the trader will receive an income, if not – loses the stake and no more.

How to start earning on trading binary options?

To trade binary options really made a profit, you must initially take into account some of the nuances.

The first thing to emphasize is the choice of a broker. With the growing popularity of the financial instrument under consideration, a large number of companies offering brokerage services appeared. It is important not to make a mistake initially in order not to lose your starting capital, but to increase it in the future. Choosing a broker, give preference to companies that work in the market for more than a year, also pay attention to the availability of certificates and licenses of authoritative regulators.

The broker should have a convenient client service for you – a program that provides access to the customer’s trading space. Best of all, if there is a demo account for the opening of which you do not need to contribute, but by trading on it, you can determine the quality of the trading terminal. Also pay attention to the amount of the initial deposit and the minimum amount of the transaction.

Secondly, a trader, especially a beginner, should not immediately rush into the battle and try to conclude deals at random. It is better to spend a little time learning and developing your own strategy of behavior in the market. Only weighted and competent tactics will help to get the desired profit. Very well, if the broker chosen by you offers free training, video courses, e-books, dictionaries, and in the search for this information will not need to waste time on the Internet. Very good results are given by online seminars, which are conducted by experienced financiers. During these classes, you can not only receive new knowledge, but also ask questions of interest. Only after passing the thematic training and fixing it in practice can you start to trade binary options real trading.

How to choose a binary options trading strategy?

At once I want to note that no strategy is able to make a trader rich without his participation, desire and aspiration. How many indicators and complex algorithms it does not include, the trader still needs to be able to analyze the market independently and monitor its movement, rather than hoping that the indicators or advisers will do everything for it.

There are simple strategies, indicator and graphic systems, which include precise rules for opening transactions in the market of binary options. These rules must be strictly adhered to, at the same time the trader should be able to adjust technical tools to the specifics of his trade, understand market processes, and this can only be achieved in practice.

Trading in the financial markets, including binary options, do not forget about the management of capital. Even the most profitable strategy can not provide 100% profitability for each transaction, therefore it is necessary to observe such simple and at the same time important rules of risk management:

• risk no more than 5% of the total deposit in terms of 1 transaction;
• Do not try to recoup after a losing deal, it’s better to rest and relax;
• Initially, it is not necessary to conclude more than 3 transactions per day.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

Compliance with these rules will protect your account from serious drawdowns.

Trading binary options is an art!

You have been trained, have chosen a strategy and worked it out on a demo account, now is the time to open a real account and start making money. The principle of bargaining on binary options is simple, but the very process of trading requires a good level of training and preparation:

• Choose an asset that you want to profit from trading;
• Set the expiration time of the option;
• make a forecast about the direction of the price movement at the time of expiration, determine whether it will be higher or lower than the current one;
• Determine the amount of investment and buy a contract.

If you know the basic nuances of working in the market of binary options and strictly observe them, then obtaining the desired profit is only a matter of time.

We recommend for trading a trading platform from a proven broker of binary options and the Forex market – Finmax:

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”

Rules to Trade Binary Options Consistently and Profitably

If you want to trade consistently and profitably at binary options, then you’re going to need to choose to do things differently than other traders. The vast majority of binary options traders will lose money overall and never become profitable in their trading, but that is because they are not going to use consistency in their trading methods. If you don’t apply consistency, how can you expect consistent profitability as a result?

The cards are stacked against you in binary options trading. If you don’t take the extra steps to become profitable the odds are you are going to lose money.

We’ve put together some helpful binary trading rules to get you started on the path to greater consistency.

Rule 1: If you want to profit consistently, you need to come up with rules that you understand.

Rules are what separates your trading method from trading methods which lack consistency. They give you something concrete that you can stick to when things get confusing, which often happens while you’re trading. There are many types of trade rules that you’ll need to incorporate into your trading method: entry and exit rules, money management rules, rules of discipline.

It’s not enough to just have rules, either; you need to learn to understand how and why they work. This will help you out the day they stop working the way you think they should. All trading methods fail sooner or later, but not necessarily permanently. When that day comes, your temptation is going to be to go back to the drawing board and start all over, but more often the best choice is to stick with your trading method but make adjustments. If you understand why your trade rules worked when they did, you may have a better chance at understanding why they’ve stopped working in the time since. This can help you to make the proper adjustments more quickly and get back on the path to profit.

Rule 2: You need to actually follow the rules you come up with.

Consistency isn’t just about having a great plan, it’s also about follow-through, which for most of us is a lot harder than coming up with the initial plan. Planning takes hard work, but application takes consistent hard work over a long time period. It involves dealing with discouragement, frustration, anger, boredom, and loss in a levelheaded way. You can’t completely divest all emotions when you’re trading; you’re only human. But you will have to learn how to deal constructively with those emotions and mitigate the effect they have on your trading. Negative and positive emotions both can mess with your trading plan if you let them. You’ll need to develop the discipline to apply your rules every time and without exception. That doesn’t mean you can’t use your discretion when you apply them, but that discretion, like everything else, needs some basis in concrete theory and testing. It can never be random.

Rule 3: You need to accept the changing nature of the market.

Trading well is all about removing as much randomness from your trading as you can by removing randomness from yourself and your actions. While doing this can reduce your risk and make it far more likely that you’ll be successful with your trades, one thing you can never do is have the pride or ignorance of assuming you’ve discovered the perfect, infallible system. All systems have flaws, and many are exposed only with time and change. There are many patterns in market movements, but over time there are shifts that gradually may erode at your profits. You can liken this to climate change. It’s relatively easy to predict the weather in a given area once you’ve learned the weather patterns, but it’s much harder to get a clear vision of long-term climate change and how it can impact life in the future.

Market climate change can break a good trading method. If the market changes and you don’t, you’ll find a once profitable trading method no longer works, no matter how consistent you are. This is the point at which you have to adapt your trading method to the new market conditions. Understanding why your method worked will help you do this. No trader gets out of having to do this. Once you do adapt to the new market conditions and your method works once again, you again must follow your new, adjusted rules with discipline in order to succeed at binary options trading.

5 Binary Options Rules Not To Break

If you’re getting into binary options trading, you probably have heard that you should find ways to be consistent in your trading. Trading with discipline helps you to filter through the randomness of the market to find consistently profitable trading opportunities—and to come out of those opportunities ahead. You may also have heard though that there’s nothing wrong with trading with your discretion. Discretionary trading is contrasted with mechanical trading, where rules are followed exactly without deviation. If you’re thinking of discretionary trading, you may wonder which rules you can bend, which you can break, and which you should never violate. What are five rules that binary options traders should never break?

  1. The amount of money you risk on each trade, as a percentage of your trading bankroll. You should never trade 2.5% of your account and then suddenly think, “That’s a great looking setup. Just this once, I’m going to invest 10%.” Start breaking this rule and you won’t stop. Next it’ll be, “I lost 10% on my last trade, but this one can really turn it around, but only if I invest 10% again. Or let’s make it 15%.” See how quickly this can blow your account? Always risk the same percentage. As your account grows, the dollar amount will grow with it, but the percentage must stay the same. Feel free to use rollover or double up if a trade is going your way, but only if you’ve figured out a consistent approach to using it which results reliably in profit every time.
  1. Account exposure. Just as there should be a maximum amount you’re willing to risk on each trade, there should be a cap on the total amount you’re willing to risk at once. This is referred to as your “exposure” across all your trades. So you might have a rule like, “I’ll only ever invest 2.5% of my account per trade, and only enter up to 3 trades at a time.”
  1. Entry and exit rules. You don’t have to take every setup you see, but you do need consistent entry rules and a thorough understanding of context for your setups. You can’t start doing this: “I don’t have much of a setup here, but I am so sure that the price of oil is going to rise, so I’ll enter.” You also can’t start doing this: “My exit rules tell me a trade no longer exists and I should get out, but I really want to with my money back so I’m going to stay in instead of using early closure.” This sort of thing will lose you money.
  1. Testing requirements. You should never go live with a new trading method or an adjustment to a method without testing it first. Optimally, this should include backtesting on historical data and demo testing with virtual money. If your method needs adjusting and isn’t profiting anymore, don’t start making arbitrary changes and testing them with real currency. Instead, make the adjustments on paper and test the changes to see if they will improve your performance before you risk real money on them.
  1. Honesty. The number one rule you should never break is your honesty to yourself. The moment you compromise on that, you have no hope of following the other very important rules listed here.

How do you account for these unbreakable rules in a discretionary trading setup? Think about your trading as including different “rule profiles” for different possible situations. Your trade amounts and account exposure should never differ, but you might have different sets of entry and exit rules based on different possibilities. So a rule that would apply in one trading context might not apply in another—but the context-based rule governing both provides you with consistency. The last two rules should also never be broken. Good luck with your trading, and try to trade with a broker which provides you with demo testing capabilities!

A Guide to Trading Binary Options in the U.S.

Binary options are financial options that come with one of two payoff options: a fixed amount or nothing at all. That’s why they’re called binary options—because there is no other settlement possible. The premise behind a binary option is a simple yes or no proposition: Will an underlying asset be above a certain price at a certain time?

Traders place trades based on whether they believe the answer is yes or no, making it one of the simplest financial assets to trade. This simplicity has resulted in broad appeal among traders and newcomers to the financial markets. As simple as it may seem, traders should fully understand how binary options work, what markets and time frames they can trade with binary options, advantages, and disadvantages of these products, and which companies are legally authorized to provide binary options to U.S. residents.

Binary options traded outside the U.S. are typically structured differently than binaries available on U.S. exchanges. When considering speculating or hedging, binary options are an alternative—but only if the trader fully understands the two potential outcomes of these exotic options.

Now that you know some of the basics, read on to find out more about binary options, how they operate, and how you can trade them in the United States.

U.S. Binary Options Explained

Binary options provide a way to trade markets with capped risk and capped profit potential, based on a yes or no proposition.

Let’s take the following question as an example: Will the price of gold be above $1,250 at 1:30 p.m. today?

If you believe it will be, you buy the binary option. If you think gold will be below $1,250 at 1:30 p.m., then you sell this binary option. The price of a binary option is always between $0 and $100, and just like other financial markets, there is a bid and ask price.

The above binary may be trading at $42.50 (bid) and $44.50 (offer) at 1 p.m. If you buy the binary option right then, you will pay $44.50. If you decide to sell right then, you’ll sell at $42.50.

Let’s assume you decide to buy at $44.50. If at 1:30 p.m. the price of gold is above $1,250, your option expires and it becomes worth $100. You make a profit of $100—$44.50 = $55.50 (minus fees). This is called being in the money. But if the price of gold is below $1,250 at 1:30 p.m., the option expires at $0. Therefore you lose the $44.50 invested. This called out of the money.

The bid and offer fluctuate until the option expires. You can close your position at any time before expiry to lock in a profit or a reduce a loss, compared to letting it expire out of the money.

A Zero-Sum Game

Eventually, every option settles at $100 or $0—$100 if the binary option proposition is true and $0 if it turns out to be false. Thus, each binary option has a total value potential of $100, and it is a zero-sum game—what you make, someone else loses, and what you lose, someone else makes.

Each trader must put up the capital for their side of the trade. In the examples above, you purchased an option at $44.50, and someone sold you that option. Your maximum risk is $44.50 if the option settles at $0, and so the trade costs you $44.50. The person who sold to you has a maximum risk of $55.50 if the option settles at $100—$100 – $44.50 = $55.50.

A trader may purchase multiple contracts if desired. Here’s another example:

  • NASDAQ US Tech 100 index > $3,784 (11 a.m.).

The current bid and offer are $74.00 and $80.00, respectively. If you think the index will be above $3,784 at 11 a.m., you buy the binary option at $80, or place a bid at a lower price and hope someone sells to you at that price. If you think the index will be below $3,784 at that time, you sell at $74.00, or place an offer above that price and hope someone buys it from you.

You decide to sell at $74.00, believing the index is going to fall below $3,784 (called the strike price) by 11 a.m. And if you really like the trade, you can sell (or buy) multiple contracts.

Figure 1 shows a trade to sell five contracts (size) at $74.00. The Nadex platform automatically calculates your maximum loss and gain when you create an order, called a ticket.

Nadex Trade Ticket with Max Profit and Max Loss (Figure 1)

How To Make Money Trading Binary Options

Now that we have a basic idea on how binary option trades work, let’s take a look at a simple example.

Let’s say, you decide to trade EUR/USD with the assumption that price will rise.

You then look at your trading platform and see that the broker’s payout is 79% on a one hour option contract with a target strike of 1.3000.

After much deliberation, you finally decide to buy a “call” (or “up”) option and risk a $100.00 premium.

You could say it’s similar to going “long” on EUR/USD on the spot forex market.

Ending Scenarios After Entering a CALL Option Gain/Loss
Expiry price is above the strike price
(in-the-money)
$100.00 x 79% = $79
$100.00 + $79.00 = $179.00
You gain $179.00 on your account.
Expiry price is equal to or below the strike price
(out-of-the-money)
You lose your stake and your account declines by $100.00.

As you can see from the calculations above, the risk you take is limited to the premium paid on the option.

Payouts in Binary Options

Now that we’ve looked at the mechanics of a simple binary trade, we think it’s high time for you to learn how payouts are calculated.

More often than not, the payout will be determined by the size of your capital at risk per trade, whether you’re in- or out-of-the-money when the trade is closed, the type of option trade, and your broker’s commission rate.

In the example given above, you bet $100 that EUR/USD will close above 1.3000 after an hour with your broker offering a 79% payout rate. Let’s say that your analysis was spot on and your trade ends up being in-the-money. You would then get a payout of $179.

$100 (your initial investment) + $79 (79% of your initial capital) = $179

Easy peasy, right? Don’t get too excited just yet! You should know that there’s no one-size-fits-all formula for calculating payouts. There are a few other factors that affect them.

Factors in Payout Calculations

Each broker has its own payout rate. For starters, Forex Ninja’s intel shows that most brokers offer somewhere between 70% and 75% for the most basic option plays while there are those who offer as low at 65%.

Various factors come into play when determining the percentage payout.

The underlying asset traded and the time to expiration are a couple of big components to the equation.

Next, the broker’s “commission” is also factored into the payout rate. After all, brokers are providing a service for you, the trader, to play out your ideas in the market so they should be compensated for it.

The commission rate does vary widely among brokers, but since there are so many binary options brokers out there (and more coming along), the rates should become increasingly competitive over time.

When a Binary Option Trade is Closed

As mentioned before, binary options are typically “all-or-nothing” trading instruments in that the payout or loss is only given at contract expiration, but there are a few brokers that allow you to close a binary option trade ahead of expiration.

This usually depends on the type of option, and usually it’s only available within a certain timeframe (e.g., available 5 minutes after an option trade opens, up until 5 minutes before an option expiration).

When trading with a binary option broker that allows early closure of an option trade, the value of the option tends to move along with the value of the underlying asset.

For example, with a “put” (or “down”) option play, the value of the option contract increases as the market moves below the target (strike) price.

This means that, depending on how far it has moved passed the strike, the closing value of the option may be more than the risk premium paid (but never greater than the agreed maximum payout).

Conversely, if the underlying market moved higher, further out-of-the-money, the value of the option contract decreases and the option buyer would be returned much less than the premium paid if he/she closed early.

Of course, in both cases, the broker commission is factored into the payout of an option trade when closed early.

So before you decide to jump head first into trading binary options, make sure you do your research and find out what your broker’s payout rates and conditions are!

Can A Beginner Make Money With Binary Options?

But wait! First we have to see if binary option trading is legal in your country.

Binary Options Trading in your Country

Depending on your country, here are the brokers available to you in April, 2020:

Country Binary Options Available? Broker Info Best Broker
NO Trade stocks, indices, currencies. eToro (visit site)

YES Regulated US Binary Broker Nadex (visit site)
YES Regulated AU Binary Broker HighLow (visit site)
NO Trade stocks, indices, currencies. n/a
Mostly YES Binary Broker for non-EU/US/AU/CA traders IQ Option (visit site)

*Other countries: Binary options is still available to most non-EU/US/AU/CA traders however there may be some exceptions.

  • EU Traders are banned from binary options trading. The best alternative is eToro.
  • US Traders should go to our US Welcome Brokers page.
  • Australian Traders have a great choice available: Highlow.
  • All other traders (if you are not from the US, EU and AU) can sign up with IQ Option.

Beginners think that all a trader needs to do is go on one hot streak!

New traders often say to themselves: “just ten wins in a row and all of a sudden I will be a new trading mogul”. People looking for quick money think, that they can quit while they are ahead on a hot streak and go home richer than they could possibly imagine.

The truth is that you need a strategy and discipline to make successful trades on the long term. You should start by picking a legit broker first.

If you are just starting out with trading, then this is the perfect guide for you to start making money with binary options trading.

Here is our #1 Rated Broker

IQ Option – Best Trading Platform

IQ Option is a trading platfrom that is regulated by CYSEC. It is the best trading binary options broker on our website. It’s a perfect pick for new traders.

  • Trusted CYSEC Regulated Broker
  • Minimum Deposit: $10 (Lowest In The Industry)
  • Free Demo Account

How To Get Started With Binary Options Trading

Unfortunately binary options trading was banned in most countries but there are many more assets that you can trade: stocks, commodities, bitcoin, indices and more. There are many safe and regulated brokers.

You can start with a trading signals provider, especially if you are a beginner. FX Atom Pro looks really promissing.

  1. Step1: Sign up with 24Option
  2. Step2: Make a first deposit
  3. Step3: Start trading using trading signals

Alternatively you can choose a reliable broker like IQ Option that offers free demo accounts.
IQ Option is the most trusted trading platform at the moment. They are regulated by CYSEC and they have a stellar reputation in the industry. The minimum deposit is only $10 which is perfect for beginners.

Forex Trading – The Best Alternative To Binary Trading

Binary options trading may be too risky for you. Or maybe you heard too many horror stories about binary trading? We recommend you to try out Forex trading instead.

Forex brokers offer CFD and even Cryptocurrency trading. Most Forex brokers are regulated and have been around for many years. Here is the best Forex brokers:

Rank Broker Min. Deposit Regulated Features Review
$100 YES + CRYPTO TRADING TRADE NOW
$200 YES + ASIC LICENSE TRADE NOW
$200 YES + COPY TRADING TRADE NOW

Common Mistakes of Beginners- And How To Fix Them

When a beginner goes in unprepared trading binary options, the broker will feast on them. New traders often make mistakes such as taking way to big a position for one trade, taking a bad loss, and then staying way to small the next 5 times.

They may even experience winning easily on small trades, but they never make back the big loss. New traders take way too many trades, let emotions control their trading, and don’t have the self control to stay out of low percentage trades that they know have small chance of making them money.

After knowing all the pitfalls, why would a new trader ever decide to open a binary options account and become a trader? Well, they do it because they have the power to win systematically if they have some intelligence and a plan on their side.

A new trader needs to understand the most common pitfalls, otherwise they may not even know that they are making a mistake while they do it! With that in mind, here are the most common mistakes new traders make, with what they should do instead.

  1. Not taking every trade with a purpose. Beginners often find themselves taking trades based on a feeling, or out of boredom. This is a surefire way to make a broker rich. Never enter into a trade without a defined thesis as to why you are doing it. Think the trade over rationally before entering. Is your thesis really valid? Is it strong? What do you estimate the probability of winning given your experience? Are you hoping for the best outcome or considering the most likely outcome? Make every trade count.
  2. Letting emotion influence – when a trade is entered into, or how big the size of the trade becomes. Never let emotion influence your trading. Good or bad it will never help you. Trading is for cool rational thought, striving to systematically take profits.
  3. Taking way too big sized trades: Understand that you are going to have losses along the way. Even the best professionals do. Never let one trade significantly affect your account balance in a way that would affect your future trading. A good rule of thumb is never to take on a trade bigger than 1/15 of your total account value. With binary options I would recommend 1/20.
  4. Not learning from mistakes and repeating them over and over: Keep a trading journal as we have recommended before. Jot down a quick sentence or two whenever you learn something new. Do whatever you need to do to prevent yourself from repeating mistakes.
  5. Becoming frustrated and quitting right before you get good: The difference between making a lot of money systematically and losing money can be very narrow. Don’t let frustration keep you from realizing your ultimate goal. Understand that there will be lumps along the way, but there will also be victories, and the lumps make the victories feel so much sweeter.

How Beginners Can Make Money

Even with so many ways to mess up, beginners to binary option trading can make money if they work hard and follow a system. The key to binary options trading is to control risk. As a result, a trader can never lose too much money on any particular trade. Hypothetically, a trader has a 50% chance of being correct on any trade whether they buy a call or a put option. To make money, a trader only needs to be correct on about 60% of trades of the trades that they take. This means that of the trades that a beginner with absolutely no edge (an edge is something giving a trader a better than random chance to make money) would take, they need to figure out how to turn about 20% of them into winning trades.

Binary Options – How Much Can You Make?: This is not a simple question. There are certainly traders who make a living with binary options. You could make thousands of dollars every month. However the best is if you start with lower expectations. Making hundreds of dollars steadily is a good way to start.

Here are possible ways that any beginner can easily do this:

  1. Use a signalling service. While most are not are not going to give a trader a significantly better than random chance of making money, they still should tilt the odds into the trader’s favor. This is all any trader can ask for. There are paid services out there such as elite trader, but even a free service from a site like barchart can give you the edge you need.
  2. Learn to use technical indicators. Technical trading involves using strictly price action (price charts) to predict future movements. There are a lot of indicators out there, but some of the most common ones involve using moving averages. Examples of popular indicators are MACD, relative strength index, and bollinger bands. If you can find an indicator that works well for the security you are trading you can gain the edge you need in order to turn some of your would be losing trades into winners.
  3. Trade stocks before trading binary options. Stock trading is less volatile for a trader’s account than binary option trading as long as the trader does not use leverage and sticks to securities priced over $5. If you can figure out how to be correct on more than 50% of your stock trades, you can take what you learn and apply it to binary options to multiply your earnings power.
  4. Track your performance in each binary option security. Most people will be better at trading some stocks or commodities or currency pair than they are at others. The simplified reason for this is that each particular symbol will move differently than the others because each one has its own characteristics and traders involved in moving the price. If you find a handful of option trades that you are consistently profitable in, stick with what works and increase your size. You don’t need to waste your time and money on unprofitable trading.
  5. Buy the right option length for your trading style. Some trading styles will work better over very short term trades, and some will work better over trades held for a long time. Know your style and the appropriate length option you should buy. A value investor for instance would not be sensitive to price changes over a 1 minute option, but may be correct on a super high percentage of trades over a 6 month period.

Binary Option Trading Is Not Easy For Beginners

The problem with this dream is, how often does this really happen? Let’s just say a lot of brokers would never be in business if it happened very often that beginners made money.

Above all, beginners have dreams of being smarter, better, and luckier than everyone else who has every done something, but the harsh reality is that trading in any form is not easy.

Especially when it comes to making money from trading, it takes hard work, dedication, and a commitment to learning. And when I say learning I don’t mean just reading a couple articles, I mean actually learning from your wins, from your losses, from hard earned experience. As a result never take a trade and learn nothing from it, especially as a new trader.

What Our Readers Asked

The short answer is yes, you can make a lot of money trading binary options. However it will be very hard to do so if your initial deposit is low. Always keep in mind that binary options is risky and you could also lose money.

A binary options broker makes money when you lose your trade. This is the main reason why there are not fees when trading.

Yes, many traders have success with binary options trading. You can even follow some of these traders. In order to do so, pick a broker that offers social trading. This way you can pick your favorite trader and copy their actions.

Do We Recommend New Traders Even Try Binary Options?

Of course! Every successful trader was new at some point. Just because a lot of traders go into trading without educating themselves or having realistic expectations doesn’t mean you will as a new trader. In fact, since you are reading this article you almost decidedly will not. At How We Trade our job is to prepare new traders for success. So move forward knowing you have a strong ally in us!

Interested in opening an account? Check out our homepage for the best trading platforms, along with our top rated binary options brokers.

IQ Option – Best Trading Platform

IQ Option is a trading platfrom that is regulated by CYSEC. It is the best trading binary options broker on our website. It’s a perfect pick for new traders.

  • Trusted CYSEC Regulated Broker
  • Minimum Deposit: $10 (Lowest In The Industry)
  • Free Demo Account
Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

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