How to trade Binary Options Guide for beginners (2022)

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How to trade Binary Options Guide for beginners (2022)

How to trade Binary Options - A trading guide for beginners 2022.
Binary Options are a financial instrument to trade on long or short markets in a certain period of time. The Trader only got 2 options: Win a high amount of money (75% - 95%) or lose the investment amount for this trade. It is like betting on rising or falling markets. Binary Options are very flexible. It is possible to trade any financial market and use different time horizons (starting from 30 seconds).
: Make a forecast for rising markets : Make a forecast for falling markets.
Binary Options example: Make a forecast for the future price direction.
In this article, I will show you exactly what are Binary Options and how do they work. Knowledge is the key to success. Read about the risk and the opportunities to make money in the following text.
How to start Binary Options trading in 2022?
In the next steps, I will show you how Binary Options (Wikipedia article) work. You will understand it in a few moments. But first of all, where to trade Binary Options?
You will need a Binary Options Broker (see the table below). I searched after the safest companies which give the highest return for traders. There are different companies around the world that provide this financial service. You can open a free demo account. This is an account with virtual money so you can learn how to trade without risk.
First steps:
You need a company (broker) that provides the financial service (Binary Options) Open a free demo account with virtual money (Virtual trading without risk)
Accepts international clients Min. deposit $10 $10,000 demo Professional platform High profit up to 95% Fast withdrawals.
(Risk warning: Trading is risky)
$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.
(Risk warning: Trading is risky)
Professional platform Free demo account $10 minimum deposit Webinars and education High payouts.
(Risk warning: Trading is risky)
Accepts international clients Min. deposit $10 $10,000 demo Professional platform High profit up to 95% Fast withdrawals.
(Risk warning: Trading is risky)
$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.
(Risk warning: Trading is risky)
Professional platform Free demo account $10 minimum deposit Webinars and education High payouts.
(Risk warning: Trading is risky)
Is Binary Options trading safe or not?
Safety is the most important point in online investing. You should choose a good and reliable broker which is safe. I recommend using a regulated company for your investments. Have a look at my full Binary Options Broker Review to find the best one. There are regulated and unregulated companies for trading. It always depends on the broker to trade safely Binary Options.
I did a lot of research and clearly, I can say that a regulated broker does not cheat on its clients. Normally unregulated brokers do not cheat too. But it is not 100% safe because sometimes these are small and unknown companies.
It is safer to trade with a regulated broker than with an unregulated one!
In conclusion, you should use a regulated broker to trade Binary Options safely. It always depends on the Broker if it is safe or not. Do the research by yourself and read my review about the broker on this website.
Example of regulation or license.
Safe and well-known regulators are:
What you really need to know about online platforms:
There is a huge diversity of Binary Options Platforms and you have to check out what is your personal favorite. Nowadays developed software is very flexible and available for any device. It is possible to trade with the computer (browser and desktop), smartphone, and tablet. That means you can trade from everywhere around the world if you got access to the internet.
Especially for a beginner sometimes it is hard to learn to trade with a new platform. There are a bunch of options that can confuse you. Most brokers will give you educational material like video tutorials or step-to-step guides. Also, you can ask the support for help by phone, chat, or email.
Example of a Binary Options platform.
Flexibility and charting are provided by the platform. You can do a personal chart analysis with indicators, technical tools, and different chart types. Sometimes you will get access to economic news directly in the platform. Indicators are known for giving you feedback on the market price at the moment. They are customizable like you want. So it is possible to analyze different timeframes.
Mobile Trading:
Today Mobile Trading is one of the most important factors for trade successfully. It is a great opportunity to boost your profit. In the past traders could not trade online or via mobile phone. So the options were much lower for making a profit. Apps are available for Android and iOS users or any other device. Check out your trading account 24 hours per day via your mobile phone.
Computer Trading:
In my opinion, it is better to use the web-based platform with your computer for analysis. Often there are a lot more functions than in the app. Furthermore, you can see the chart is more detailed and has a higher range of it. Professional analysis can be made by using a computer.
(Risk warning: Your capital can be at risk)
How to trade Binary Options: Step-by-step guide.
As a trader, you can choose between a lot of different assets on a Binary Options Platform. You can trade Forex, Stocks, Commodities like gold or oil, Cryptocurrencies, stock indices, and more. This trading tutorial will show you how it exactly works to trade the financial product. The process is always the same as you see in the video and picture below. Just practice it in a Free Demo Account.
See our full video guide for Binary Options:
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Learn how to trade successfully.
Now you have to imagine and predict the asset price direction for the future (forecast):
You can use the specially programmed trading platform of a Binary Options broker to analyze the charts and get trading ideas. It is very important to have a good working strategy for maximum profit. Beginners should use technical analysis for trading the chart. On the broker platform, you can learn more about it in different education videos/centers.
Therefore every Binary Option expires after a specified time. You can use the time horizon between 30 seconds or 5 months or more. Sometimes it depends on the broker. As you see you can trade short-term or long-term Binary Options.
After you have decided on the direction and the expiry time for your trade you can "sign" the contract with your broker. Just click the call or the put button. On some platforms, you have to confirm the trade.
Call (Higher): The price will go up in your expiration time Put (Lower): The price will go down in your expiration time.
If you are right in your decision, the broker will pay you a high asset profit of 75-95%. The trade automatically closes after the expiry time. Sometimes the broker allows you to close the trade before the expiry time ends. That is a way to reduce the impact of a wrong decision.
Example: EUR/USD 95% return binary option.
That means if you invest the amount of 100$, you can earn the amount of 195$ on a certain time horizon. 100$ is the return of your investment and 95$ is the profit.
Binary Options trading tutorial.
Search for an asset with a high profit.

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

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