Binary Options offer a simple yet efficient way for tradersto trade the financial markets without involving thecomplexities of forex trading.In binary options trading you need to bother about stoplosses or take profits. Profit by speculating on thefinancial market’s price movements. Simple as that!
So what are the differences between forexand binary options trading?
• Binary options trading requires no downloads. You can signup, deposit funds and start trading directly from your webbrowser. (Yes, even if you have a Mac)• Binary options offers fixed risks. You will completely knowyour profits and losses even before you start a trade.• You can trade Forex, Commodities, Indices and stocks fromthe same platform.• A minimum investment of $200 is enough to get you startedto make substantial profits!
Does Binary Options Require Financial knowledge?
Yes, but you only need to know the basics. If you were to tradeApple Stocks (APPL) then with binary options trading youwill only need to know if the price of AAPL will rise or fallfrom the current price when you enter the trade.Trades can be as short as 60 seconds or 15 minutes and more.Your profits are in the range of 65% and up to 89%.
How do I get started with Binary Options Trading?
Visit BinaryOptionsReviews.co.uk to read about the variousbinary options trading strategies and binary options brokerreviews to learn which binary options broker is ideal for you.From then on, just open an account, make your first depositand start trading!
Thank you!For more details, click here to learn more on the differences between forex and binary options.