Top Binary Options Beginner Tips

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

IQ Option: Top Binary Options Broker

Ever since the US Securities and Exchange Commission approved binary options in 2008, numerous traders have been interested in expanding their investments and exploring binary options trading. And s ince there’s an expanding list of available brokers today, it’s challenging to narrow down your choices to find the one that suits your preferences. With that, we’ve gathered the popular brokers to help you jumpstart your search.

To help you, we provide the lowdown on the top 15 popular binary options brokers of 2020 that you can consider for trading. Hopefully, the list will let you find the best broker for your investment needs and expectations, and start successfully trading on your own.

Binary options trading may have gotten a bad rap because of its all-or-nothing premise, but the high payouts keep traders coming back for more. This is why binary options markets remain strong in various regions around the world, particularly in Asia.

To avoid fraud in binary options trading, choose a trustworthy broker. These brokers can help minimize your losses and provide a measure of security for your funds. Some traders turn to smart contract-based binary options transactions to fortify their deals using blockchain technology.

Each broker also offers different options in terms of minimum deposit, maximum returns, and supported assets. Some brokers even allow traders to use cryptocurrency to fund their accounts or get payouts. The benefits of blockchain and the advantages that global fintech trends exert significant influence on the binary options trade.

To match you with the best binary options broker for your needs, we’ll take you on a tour of the top binary options brokers today. Our analysis of each broker lays out the most important features, including deposits, returns, bonuses, and supported platforms. This way, you can make an informed decision and get the best protection for your funds.

Top 15 Binary Options Brokers

1. IQ Option

IQ Option was established in 2020 and had since then received favorable reviews on the internet. It uses in-house software for trading. The maximum returns are 95%. However, traders in the USA, Australia, Canada, Russia, Belgium, Japan, Turkey, Israel, Iran, Sudan, and Syria are not accepted. IQOption Europe Ltd. is well-known for reliable broker services, as it is regulated by the CySEC.

It provides a wide array of web-based and mobile features that help make binary trading transparent, reliable, and more efficient. For instance, it offers a speed trading service with up to 5-minute increments and hourly binary options in 15-minute increments. It also offers trading expiration periods of up to a month. Moreover, its Digital Options service allows users to trade gold in over 500 assets.

IQ Option

Try out IQ Option with their free trial

This popular binary options tool offers a free demo account to help you get started. The minimum deposit is just $10 for the Real Account. And for the premium VIP account, the minimum deposit is $3,000. Customer support is currently offered via email, phone, and live chat. Finally, this broker offers multiple convenient deposit and withdrawal methods to help you trade easily.

IQ Option Key Features

  • Minimum deposit: $10
  • Minimum trade size: $1
  • Maximum returns: 95%
  • Supported trading platform: proprietary web, Android, iPhone

Detailed IQ Option Review

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

2. 365Trading

365Trading is registered with the CySEC and based in Cyprus. It was founded in 2020 and has since traded in the EU without issues. It primarily trades in binary options. As of this writing, US traders are not accepted.

The minimum deposit is at $100, with profits and bonuses reaching 85% and 100%, respectively. You can open a demo without deposit and try their long- and short-term expiries.

The platform, an in-house system, is robust and ideal for veteran traders. It features charts, lines, and candlesticks and provides historical analysis, functioning as a business analytics tool. The platform allows you to set up three assets with quick access shortcuts. Likewise, you can trade four assets simultaneously featuring a main window and three sub-windows.

Support is available via email and phone.

Detailed 365Trading Review

365Trading Key Features

  • Minimum deposit: $100
  • Maximum returns: 85%
  • Bonuses: up to 100%
  • Supported trading platform: proprietary, web, Android and iPhone

3. Ayrex

Ayrex is based in the UK and has a pending application with CySEC. It trades in 70 assets and is focused on binary options. As of today, US traders are not accepted.

The minimum deposit is $25, one of the lowest, while the bonus is up to 10%, 20% and 30%, based on the amount of your deposit for Ayrex account holders.

The broker uses a proprietary trading platform featuring instant withdrawals, which is unique in the niche. The interface is neat and lets you quickly jump to different trades. It’s ideal for short-term trading. High/Low options are also available.

Support includes 24/7 live chat and via email. Likewise, the system is accessible from Android and iPhone apps.

Detailed Ayrex Review

Ayrex Key Features

  • Minimum deposit: $25
  • Minimum trade size – $5
  • Maximum returns: up to 85-90%
  • Bonuses: $30 no-deposit new account, up to 30% on the trade
  • Supported trading platform: proprietary, web, Android and iPhone

4. OptionFair

OptionFair was founded in 2020 and is based in Cyprus. It is regulated by the CySEC and is also listed on the London Stock Exchange, a first among binary options brokers. US traders are not accepted. The broker trades in forex, CFDs, and binary options on 118 underlying assets.

The minimum deposit is $100, with returns up to 100%. However, there are no indicated bonuses, but you can always contact support for possible terms. The expiry time is shorter than average but makes for quick returns over short-term trading.

The broker uses its own platform that allows you to shift trading from forex to binary and to CFDs, from a single interface. It gives you access to myriad assets and instruments and a wide range of expiries. You can, in fact, trade simultaneously on forex and binaries. Mobile apps for Android and iPhone are available.

There is phone support in five international numbers, including English, Spanish, Italian, and French. Email and live chat support are likewise provided.

Detailed OptionFair Review

OptionFair Key Features

  • Minimum deposit: $100
  • Maximum returns: 100%
  • Bonuses: none
  • Supported trading platform: proprietary, web, Android and iPhone

5. BinaryTilt

BinaryTilt is an unregulated broker with headquarters in London, England, but is wholly owned by Cyprus-based Depix Holdings. Although it isn’t overseen, the broker seems to have a clean record with rare warnings from authorities. US traders are not accepted. It trades in stocks, indices, forex, and commodities across 150 underlying assets.

The minimum deposit is $250, with profits of up to 85%. Likewise, bonuses can reach 100%. Trading styles include high/low, one-touch, range, and on-demand. The stocks are also mainly US or EU-based companies.

The trading platform is SpotOption, a standard but increasingly old school tool compared to newer platforms today. The UI is familiar, and the elements are organized, good enough for first-timers to kickstart their trading without a hassle. Support is via chat, while Android and iPhone apps are available.

Detailed BinaryTILT Review

BinaryTilt Key Features

  • Minimum deposit: $250
  • Maximum returns: 85%
  • Bonuses: up to 100%
  • Supported trading platform: SpotOption, web-based, Android and iPhone

6. GTOptions

GTOptions is another Cyprus-based binary options broker. It uses the SpotOption trading platform, which is one of the most dependable web-based solutions in the market today. Its interface is smart and easy to use, with color-coded buttons and tabs arranged per type of trade offerings and asset offerings to be traded.

This binary options platform also offers several intuitive tools to help traders achieve better outcomes. For instance, it has a risk management feature that allows traders to cash in on their live trades before contract expirations. Likewise, it has a binary meta mode that supports high-level trading, specifically designed for professional traders.

Finally, the vendor offers 24/7 customer support and provides an extensive library for education and reference purposes.

Detailed GTOptions Review

GTOptions Key Features

  • Minimum deposit: $250
  • Maximum returns: 81%
  • Bonuses: Below $1000 50% bonus, above $1,000 100% bonus
  • Supported trading platform: proprietary, web, Android, and iPhone

7. OneTwoTrade

OneTwoTrade uses the popular web-based SpotOption trading architecture. The company provides the latest technological advancements for the benefit of its clients. OneTwoTrade has won an award for providing an efficient and safe trading platform that is relatively easy to use.

This fully-licensed binary options brokerage firm is headquartered in London. It is also highly regulated by government agencies, such as the Malta Gaming Authority. Moreover, OneTwoTrade is rigidly tested to ensure precision, stability, and quality.

OneTwoTrade offers two trading accounts; one is free, while the other is paid. The latter, called Privilege Plus, offers more benefits to users, including comprehensive market analysis, special promotions, and anytime access to senior account managers. Privilege Plus members also get either an iPhone or iPad that’s equipped with a special mobile trading app.

Detailed OneTwoTrade Review

OneTwoTrade Key Features

  • Minimum deposit: $200
  • Maximum returns: 65% to 85%
  • Bonuses: not specified.
  • Supported trading platform: proprietary, web, Android and iPhone

8. 99Binary

99Binary operates from Anguilla, a British overseas territory in the Caribbean. Started operations in 2020, this binary options trading company serves clients in the US and worldwide. It has a well-designed, comprehensive online portal that offers numerous features, tools, and trading information.

This HTML-based binary trading solution offers users the convenience of a clean, clutter-free dashboard design. Users will appreciate how the site presents data on the latest success trades of other users, which can be easily copied for later use.

Another notable feature of 99Binary is its trading turnover requirement. To cash out bonuses, customers must achieve a particular turnover quota, which goes down for every tier. This is an effective motivation for traders who love bonuses.

Detailed 99Binary Review

99Binary Key Features

  • Minimum deposit: $250
  • Maximum returns: up to 86% on Standard & 60-Seconds, and up to 350% on One Touch
  • Bonuses: To cash out bonuses, Starter level users must reach 30x turnover. For Premium users, 20x turnover is required.
  • Supported trading platform: proprietary, web, Android and iPhone

9. Binary.com

UK-based Binary.com is a licensed broker regulated in the British Isles, Malta, Ireland, and the UK. However, US, Canada, Japan, Hong Kong, and Costa Rica traders are not accepted. It is one of the more transparent companies in the industry that declares its owning company and market operations. Formerly the BetonMarkets, Binary.com blends gambling and trading but with transparency. It offers CFDs, FX margin, and crypto trading via MT5.

You can start the trading time aside from the expiry date, and the investment amount is based on the payout you set. The minimum deposit is $10, and for e-wallets, it’s even lower, at $5.

Bonuses are not standard; rather, they consist of two types–the Deposit Bonus and Free Bonus. Likewise, percentages are not specified, but you are required to have as much as 25 turnovers to avail yourself of a withdrawal. There’s also a 1.5% payout commission.

The broker supports various trading platforms, such as Binary Webtrader, Binary Bot, and Binary Next-Gen. Furthermore, it can personalize client trading needs all under one roof.

Th e platform is intuitive to the first-time trader and robust for the veteran. It features a lot of visual tools like charts and technical indicators, and the tutorials on binary options are comprehensive. Likewise, it supports 12 languages and provides a virtual money account. Mobile apps are available, with a mobile payment system.

Binary.com Key Features

  • Minimum deposit: $5 for e-wallet and $10 for debit and credit cards
  • Maximum returns: 100-1000% depending on contracts and trades
  • Bonuses: not specified
  • Supported trading platform: proprietary web, Android and iPhone

10. eToro

Tel Aviv, Israel-based eToro is a social trading network and not a broker. It allows you to copy the leading traders in its community and, hopefully, realize the same margins. Conversely, your trading can be copied, which earns you additional income.

In this platform, you invest in people, not currencies. You will have to be mindful of other traders’ behaviors and analyze their patterns or strategies, instead of learning financial charts and indicators.

No worries, eToro provides more than 16 lectures and video courses on how to hone your skills. These include identifying consistent traders, not just one-shot deals. You also get a list of the best traders on currencies, indices, and commodities across a wide range of underlying assets.

On the B side, you can share your trading insights and enroll in the Popular Investor Program as a trade authority. While the minimum deposit is $200, the maximum returns vary. The network uses its in-house trading platform with Android and iPhone apps.

eToro Key Features

  • Minimum deposit: $200-$10,000, depending on the country
  • Maximum returns: varies
  • Bonuses: not specified
  • Supported trading platform: proprietary, web, Android and iPhone

11. 24Option

24Option has been online since 2020 and is a stable and reliable broker as it is regulated by the CySEC. It uses the third-party TechFinancials trading platform. Maximum returns are up to 88%. This broker does not accept traders from the US and Australia.

The minimum deposit amount is $250, and the minimum investment amount is $24. Trade types offered are high/low, one touch and no touch, boundary, and 60 seconds.

A demo account is offered for new traders. You can enroll in Standard, Gold, or Platinum account depending on the amount you deposit and the features you want. 24Option provides customer support via phone, live chat, and email in English and 13 other languages.

24Option Key Features

  • Minimum deposit: $100
  • Maximum returns: 88%
  • Bonuses: up to 100%; 25% or $500 (whichever is lowest) for first-time depositors
  • Supported trading platform: TechFinancials web, Android and iPhone

12. ETX Capital

ETX Capital is headquartered in London, UK, and regulated by the British Financial Conduct Authority (FCA). It trades in forex, equities, indices, and commodities, but note that binary options are unregulated by the FCA. Likewise, US traders are not accepted as of this writing.

The broker takes pains in educating newbie traders, explaining in detail binary options, risk trading, and other key topics.

The minimum deposit is $100, with returns between 75% to 85%. Bonuses are not specified but are available. A call to their support should specify a personalized bonus based on your investment. Likewise, withdrawals above $100 are free of charge.

The broker uses MarketPulse as a platform. It is clean and intuitive for beginners with expiry times easy to locate. However, it only supports English.

ETX Capital Key Features

  • Minimum deposit: £200 (around $260)
  • Maximum returns: 100%
  • Bonuses: varies, personalized
  • Supported trading platform: MarketPulse, web, Android, and iPhone

13. CMC Markets

UK-based CMC Markets has been a forex broker since 1989 but only went into binary options in 2020. Still, that’s a long history of trust and reliable operations compared to most binary options brokers. On top of that, it is regulated in the UK.

Today, it trades in indices, commodities, shares, treasuries, and forex, but US clients are not yet accepted. There is no minimum deposit, and there are no bonuses, too. Returns also vary depending on the product.

Meantime, the platform is customizable and includes charting tools, pattern recognition functionality, various screen layouts, and multiple timeframes. The system is accessible from Android and iOS devices. Support is UK-based and consists of live chat, email, phone, and fax.

CMC Market Key Features

  • Minimum deposit: no minimum deposit
  • Maximum returns: up to 95%
  • Bonuses: none
  • Supported trading platform: proprietary web, Android and iPhone

14. EmpireOption

Founded in 2020, Uruguay-based EmpireOption with a registered address in London, England. As with most brokers, US traders are not accepted. The broker trades in forex and CFDs with a diverse underlying investment portfolio.

The minimum investment is $200 and up to 80% maximum returns. Likewise, bonuses can reach 100%, but terms apply.

The trading platform is SpotOption but minus the SpotOption payment network. EmpireOption also uses its own branding interface and maintains control of most of the trading aspects.

Phone and email support are available.

EmpireOption Key Features

  • Minimum deposit: $200
  • Maximum returns: 82%
  • Bonuses: up to 100%
  • Supported trading platform: SpotOption, web, Android, and iPhone

15. BinaryMate

Binarymate is a UK-registered broker that is reliable as it follows the strict financial regulations of the UK. It accepts US traders. This broker uses a unique in-house platform for trading. You can earn a maximum return of 90%.

Trading accounts start with the basic Bronze package for which the minimum deposit is $250, and you get a 20% welcome bonus. For Silver account, the minimum deposit is $1,000, and you get a 50% welcome bonus. Finally, for the premium Gold account, the minimum deposit is $3,000, and you can choose between risk-free trades or a bonus of $250.

A unique customer support feature offered by Binarymate is live video chat with agents who are available 24/7. Support is offered in English, French, Spanish, and Russian. Last but not least, you can use the demo account to learn the ropes or to improve your skills. Before you decide on a broker, though, it’s always best to make a binary options brokers comparison first to make sure you pick the best service.

BinaryMate Key Features

  • Minimum deposit: $250
  • Maximum returns: 90%
  • Bonuses: up to $250, risk-free trades
  • Supported trading platform: proprietary web, Android and iPhone

How to Succeed in Binary Options Trading?

Many people pursue to trade in binary options even though many fail. This is because of the ease of trading, coupled with the high-profit potentials it offers. However, with thousands worldwide continuing to trade in binary options every single day, is it still possible to succeed in this lucrative trade?

A good place to start is to have an authoritative list of today’s top binary options brokers. So that’s now a check. Likewise, make sure you have the appropriate payment gateway providers for seamless payment transactions. Finally, check out these key elements that will help you succeed in binary options trading:

  • Learn how to interpret historical, current, and predicted charts.
  • Test various trading strategies and use one that works for you.
  • Always consider market indicators.
  • Learn to control your emotions, use them to your advantage.
  • Trade by capitalizing on your strengths and follow your signals.
  • Prepare and stick to a personal, long-term trading plan.

Yes, because of the high stakes involved, trading in binary options is really difficult and high-risk. But if you’d take the time to learn the ropes and sustain your commitment to it, it is realistic to succeed in the binary options trade.

Check out our 2020年最受欢迎的15家二元期权经纪商:哪一家是最好的? article for a Chinese version of this article and 15 nhà môi giới quyền chọn nhị phân phổ biến của năm 2020: Ai mới là tốt nhất? is available for the Vietnamese audience. There is also a Korean version available here: 2020년 최고 인기 바이너리 옵션 브로커 15개사, 누가 최고일까?

New! Best Binary Options Strategy that works – Beginner Friendly

New! Best Binary Options Strategy that works – Beginner Friendly

6 Comments

Last Updated: Sep 3, 2020 @ 2:02 pm

Binary Options Strategy that works

Binary options have been available to the general public since 2008, but have only gained real momentum over the past few years, with more people recently becoming aware of this unique (and possibly lucrative) trading opportunity.

Still, while many people have heard of binary options and quite a few have even tried it, it remains a mystery to many how it works and how they can take advantage of it to turn a profit. The purpose of this article is to inform those who are interested in making a profit in Binary Options how to go about doing so.

We will touch on the basics of binary options and how Binary Options work, we will then explain the different systems and strategies available and finally we will find out what the best Binary Options strategy is, or which one actually works. By the time you are finished reading this article, you should have a good working knowledge of Binary Options and a good idea of how to turn a profit.

The basics

Binary Options trading is basically speculating whether an asset will go up or down in a certain amount of time. A Binary Options trader will put his or her money on either a “Call option” or a “Put Option”. A “Call option” is a speculation that the current assets value will be higher than the opening price in a set amount of time. If the assets value is higher, then the trader wins. On the other hand, a “Put” option is the opposite, in that it is speculating the assets value will be below the opening price. The underlying asset can be a stock, a forex currency pair, a commodity or an index.

There are also a few different types of binary options. Digital Binary options are your standard up or down options. This is the most common binary option. All you are doing is deciding whether the price of the underlying asset will be higher or lower (up or down, call or put). Another type of Binary Option is Range Options (also known as Boundary Options). Range options

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Another type of Binary Option is Range Options (also known as Boundary Options). Range options allows you to predict if the underlying asset will expire in or out of a set price range. Another variety of Binary Option trading is called “Touch”. Basically, this option provides you with a price and you have to decide whether the underlying asset will hit that price during the time allotted. If it “touches” or goes past that price, then you win the option.

One of the best things about binary options is that the risk is fixed as is the return. It doesn’t matter how well the underlying asset does, if you call it, and it’s in the money, you get it. Whether it has largely surpassed all expectations or just barely made it, as long as it has expired in the positive, you get your return. The expiration time is also fixed, so the trader knows exactly when it is set to expire before he even clicks on the trade. It’s so simple and easy, anybody with a computer and a bank account can start trading and even winning right away.

Of course, even if it is that simple to trade in binary options, it’s not that simple to actually make a profit from trading. You have a 50/50 chance of guessing the results in a binary options, which isn’t really that awful bad, but you can do much better if you have a strategy going into it. Without any sort of strategy, chances are you are not really going to make much in binary options trading and you will usually be lucky just to break even.

**Hot Tip** – If you don’t want to stress yourself combining many different strategies, then consider using a trusted signal service like Signals365 which makes use of the trading strategy we explained on this page as well as other top binary options trading strategies. They really made everything interesting, simple and easy to follow!

Binary Options strategies and systems

There are many binary options strategies out there, but not all of them are successful. In order to maximize you potential return, it’s necessary to understand the different strategies, finding the best strategy, and then continuing to change and tweak your strategy as the market changes. You may have also seen some systems online that promise high yields just for signing up on their website (often free) and using their program to make money. While this might sounds pretty good on the surface, most of the time these programs and systems are nothing more than scams. The catch to most (if not all) of these systems is that they require you to use their broker, which ends up giving you less of a return and often no return at all on your investment.

Your best bet would be to steer clear of any types of programs or systems that claim to make you rich in binary options, as these are more than likely just out to get your money, not to make you money. You should, instead, concentrate on learning and developing a strategy to track and gauge trends in order to make a more educated guess on how the underlying asset is going to do. While there are many, many binary options strategies out there, most of them require you to use a price chart to gauge the activity of assets.

An important thing to remember about binary options is that there are constant fluctuations in the price of any given asset. This is especially true over short periods of time, like 15 minutes or 30 minutes. Of course the longer the period of time is, the easier it is to predict certain trends in the fluctuations, but the longer you will have to wait for your return.

Most binary options trading is done in the short term, even though it’s much harder to predict. This is because short term binary options offer an almost immediate payout, so your money is not tied up for a long period of time. Most binary broker’s payouts are not sufficient to tie up your money for a long period, and immediate payout can increase your funds much quicker. This is where a good price chart becomes an invaluable strategic tool in gauging the actions of any given asset. A good price chart can give you an accurate representation of how quickly prices might change and allow you to see how quickly future trades will materialize.

By using a price chart, you can see minute to minute movements of different assets in order to more clearly predict what the asset is likely to do in the near future. It may take a little time to get used to reading a price chart in a way that helps you to predict the outcome, but after a while you will start to learn how to see trends in the market, and by understanding and using these trends, you can accurately gauge the direction an asset is most likely to move.

Using a candlestick chart

The best type of price chart to use for gauging the movement in any given asset is called a “Candlestick Chart”. A candlestick chart will give you the most information on the performance of any given asset over a short period of time. The first thing you will need to know is how to read a candlestick chart before you can actually utilize it for predicting your assets movement. At first glance, candlestick charts might seem complicated, but in reality once you understand the basics, they are very easy to use and quite intuitive.

A candlestick chart will show you the opening, highs and lows and closing value for a set time frame of an asset. The chart is made up of vertical rectangles which are either red or green with lines on the tops and/or bottom of the rectangles. The rectangles are called the bodies and the lines are called the wicks. The wicks (also called the shadows) tell us the highs and lows where the top line define the upper value of the stock and the bottom line defines the lower value. If the asset closes higher than the opening price, then the body is shows as a hollow rectangle (usually green) with the bottom of the body representing the opening price and the top of the body representing the closing price. If, on the other hand, the asset closes at a lower value than it’s opening price, the candlestick is drawn as a filled rectangle (usually read) with the top representing the opening price and the bottom representing the closing price.

Usually, the longer the body of a candlestick the more intense the buying or selling of that asset is at that period of time. Conversely, the shorter a candlestick is, the less movement there is in the price of the asset. A long hollow candlestick shows aggressive buying and a long filled candlestick shows strong selling of any given asset. The longer the hollow candlestick is, the higher the close is above the opening, and conversely the longer the filled candlestick is, the lower the price of the closing is above the opening.

By simply studying the candlesticks over a period of time you can see patterns in the opening and closings and without any further information, you can often accurately determine the next action of the given asset. For instance, you will notice on many price charts that there will be a filled candle, hollow candle, filled candle, hollow candle, etc. If you the last option closed higher than it opened, then the probability will be that in the next period of time it will close lower than opening and you would then place a “put” option on that asset, and vice versa. This is probably one of the simplest, yet successful strategies used by Binary Option traders today.

Another thing to look at when you are reading the candlestick chart is the wicks (lines or shadows) on the candlesticks. The wicks on a candlestick shows you the actual movement during the session of buyers and sellers of any given asset. The longer wick on top and shorter wick on bottom indicates that the buyers dominated the session and bid higher prices, however sellers forced the price lower toward the end of the session and the weak close created a long upper shadow. If, on the other hand, the lower wick is longer and the top wick is shorter it shows that it was dominated by the sellers for that session, with the buyers driving the price up toward the end of the session with the strong close causing a longer lower wick.

Best Strategy for gauging binary options

By understanding candlestick charts you can use the information to accurately predict how any given asset is going to move. Of course, you can never be 100% sure on how it’s going to play out, but by understanding and using the candlestick you will increase your chances of success quite a bit.

The thing you need to remember is to not only look at the candlesticks, but also the wicks (or shadows) as well. If there is quite a wide fluctuation in the wick, it will be much more difficult to gauge than if the wicks are fairly stable. The less volatile a market is, the easier it is to predict high and low trends, so a good strategy is to look for less volatile assets, such as foreign exchanges (Forex) that tend to oscillate in a fairly predictive pattern. Once you have discovered those assets that seem the most stable, all that’s left is following the asset in real time over a certain period of time and then utilizing the trend to predict the next call or put option.

In order to predict the next option, you should look at whether the asset closed higher or lower than it opened in the latest session. Usually, in a stable market, if the asset closed higher than it opened, you would want to use a “put” option and conversely if it closed lower than it opened you want to do a “get” option. This is usually the case, but not always, which is why it’s important to track the asset to see if there are any exceptions, so that you can accurately predict how often the particular asset goes down or up, how high it usually goes before it goes down, and other such relevant information. The longer you track an asset, the more reliable you can gauge the underlying activity and the more accurately you can predict its movements.

You should keep in mind, this strategy works best when dealing with a calm market. If the market is more volatile then it’s much harder to predict what the asset might do, so sticking with the less volatile markets is key to winning, using this strategy. Also, the longer you track the assets highs and lows, the easier it is to predict the pattern and the greater chances you will be successful in your trading.

**Hot Tip** – If you don’t want to stress yourself combining many different strategies, then consider using a trusted signal service like Signals365 which makes use of the trading strategy we explained on this page as well as other top binary options trading strategies. They really made everything interesting, simple and easy to follow!

Some final things to keep in mind

Now that you understand how to use the candlestick chart to predict an assets movement at any given time you are on your way to making a profit in Binary Options trading, but there are a few things to keep in mind in order to create the most profit. One of these things, and this is a very key thing, is to check out as many brokers as possible, before settling on the best one. You should look at brokers that offer the best payouts, with the most options. There are many different brokers available and this will take some time on your part to do the research necessary in order to best decide. Some brokers will even give you a portion of your money back when you predict wrong, usually around 15%. You’ll want to check out what others are saying about particular brokers and decide for yourself which is right for you. Some other things to keep in mind when deciding on a broker is how much of an initial deposit is required and how much the minimum investment is. As a new trader, you will want to start with small investments until you see a definite trend in profits over losses.

Another thing I highly advise for new traders is to find a good broker that allows you to play the binary options without actually putting your money down first. These “practice accounts” allow you trade binary options using fake money. By using a practice account first, you can get to know and understand the options and practice using the candlestick chart before you plunk down your hard-earned cash.

You will be able to see where the best assets are, how much the best investment to make is and how often you win/lose on your trades. Once you feel comfortable and are making a profit (albeit a fake one), you can then open an account by making an initial deposit with the broker. Hopefully, by the time you actually put your real money down, you’ll be knowledgeable enough to make sound decisions, based not on guesswork or hunches, but on real, proven strategies! Just remember, even using the best strategy there is no guarantee that you will be successful every time, but by using a candlestick chart and understanding and utilizing the trends, you will definitely increase your chances of an accurate prediction by a very large percentage. Good luck and happy trading!

Hopefully, by the time you actually put your real money down, you’ll be knowledgeable enough to make sound decisions, based not on guesswork or hunches, but on real, proven strategies! Just remember, even using the best strategy there is no guarantee that you will be successful every time, but by using a candlestick chart and understanding and utilizing the trends, you will definitely increase your chances of an accurate prediction by a very large percentage. Good luck and happy trading!

Tips for New Traders

You will learn about the following concepts

  • Use a user-friendly and reliable broker
  • Set a limit on your bets
  • Control your emotions
  • Stay informed
  • Learning process is endless

In the beginning of our tutorial we explained what binary options are and we told you why this type of trading is becoming so popular. It isn’t as easy as most of you would want it to be, but it is certainly not as difficult as Forex trading. Unfortunately, binary options trading is not simple at all, so in order to achieve satisfying results, you’ll have to spend a lot of time learning. Nevertheless, you can rest assured that eventually all the hours spent reading and testing different trading strategies will pay off.

There isn’t a formula accurate enough to instantly teach you how to trade binary options, but we are here to give you some valuable lessons about binary options trading. However, in this article we won’t be teaching you any technical skills related to binary options trading, rather give you some hints on how to be a more successful trader and how to make sure that your trades will have a higher chance to expire “in the money”.

Best Forex Brokers for Russian Federation

Use the Services of a User-Friendly and Reliable Broker

If you haven’t picked up a binary options broker yet, we advise you to take a look at this article and start looking for a binary options broker, who meets your requirements and needs, and most importantly – is a good choice for beginners.

Set a Limit on Your Bets

Don’t forget that you should spend at least several weeks trading with a demo account before switching to a real money account. Of course, switching to the real money account means that your trades will now bring you profits or losses. This is why you should set a limit on the amount of money you are ready to place on a single trade. Naturally, risking your entire balance on one single position isn’t a good idea, although the thought of a big payout may seem rather tempting.

Our advice to you is to determine what part of your bank balance you are ready to put on a single trade and stick to your decision. Most binary options traders stick to either 10% or 15%, but braver traders easily bet with $20-25 of their bank balance. Since you are a beginner, it is a better idea to trade with smaller sums of money, thus you can begin by trading with 5-10% of your budget. As you complete more trades and gain confidence and experience, you can start increasing the amount of money you bet until you reach a percentage that suits your needs.

For example, if you’ve made an initial deposit of $250 and you’ve decided that the maximum amount of money you are ready to place on a single trade is 10% of your bank balance, then the size of your positions should not exceed $25.

Control your Emotions

One of the most common mistakes novice traders make is letting their emotions lead the way. Don’t forget that binary option trading is a job that is entirely based on analysis, complex calculations and understanding of the global markets. Every experienced trader knows that factors as luck, good feeling etc. do not exist. You can only rely on your skills and analysis based on the news and data provided by the technical tools you use. If you are having a bad day and you’ve lost a lot of money, it is probably a good idea to stop trading for the day, because you won’t be thinking clearly and you may make some mistakes which you’ll regret on the next day. Trust your strategy, develop your analysis skills and never rely on things such as luck, intuition or ‘having a good day’.

Stay Informed

Binary options trading is a time-consuming activity. You must always read about the latest events in the global markets in order to keep up with the most recent information and updates. Experienced and successful traders usually trade with several assets and they rarely change them. This is why as soon as you learn how to trade binary options you should pick 5-6 assets that you think are the easiest to predict. Always read the news related to the assets in order to be able to react adequately in case the market news predict a drastic change in the price.

It’s Important to Be Quick, but it is More Important to Be Wiser

Depending on the types of binary options you are trading with, you may be forced to make swift decisions. However, acting fast doesn’t mean you should leave everything to your instinct. Every binary options trader is responsible for opening positions by quickly making a well-informed decision that has a solid foundation in the form of fundamental and technical analysis. One of the principles you should remember about binary options trading is that you should first minimize your losses and only then start working on building up your profits.

Learning Process is Endless

Don’t think that binary option trading is something that you can learn in a day, week, month or even a year. Trading platforms are regularly updated with new information and new technical tools, and you can find hundreds of binary options trading strategies on the Internet. The goal of the binary option trader is to constantly improve – keep reading on this topic and never lose your desire to learn. With each book, article and idea you read about, you’ll gain valuable knowledge which you’ll be able to apply in your trading strategies sooner or later. Some of the most successful binary option traders say that one of the main secrets behind their success is the fact that their learning process has never stopped, which allows them to keep in touch with the latest changes to the market and always be the first ones gaining profit from the newest strategies.

Final Words

You are just in the beginning of your binary option trading career, but you’ve already learned something useful thanks to our tutorial. The tips & hints above are just some of the things that you should be aware of before advancing with your binary option trading career. Don’t forget our pieces of advice, because they can make the differences between success and failure in many cases.

RATING BROKERS BINARY OPTIONS AND CFD

If you got to this page, it means you’re interested in making fast and stable money online. Our website gathers information about an innovative way to multiply money – trading binary options, trading CFD contracts, and shows rating of the best CFD brokers and binary options brokers of 2020.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

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  • Binomo
    Binomo

    Trustful Broker!

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