Binary options are prohibited in the European Economic Area. These movements can be predicted fairly accurately so trading binary options is a way to make a long-term profits. Exiting a trade before expiration typically results in a lower payout (specified by broker) or small loss, but the trader won't lose his or her entire investment.
Keeping ears and eyes open to catch breaking news about the market condition can get the binary options trader a clear view of current situations, making it easier for him to trade during market crashes. 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.
I am a fairly smart guy and I can read trends and I can read charts, and I can follow what's happening on the news, and I still lost money in an attempt to do day trading and it got worse when I tried binary options. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of Quiet Foundation's systems, services or products.
Trade in this sector is specific with its extreme simplicity to grasp, just like the name says (binary - having only two parts - profit or loss). Well, the truth is quite opposite, as every broker is different, has a different trading platform, various features and trading options.
Of course, that could simply make option trader binary options a high-risk, high-reward method of investing. Try it out for yourself to see if binary options can add to your trading toolbox and increase profitability in the markets. Last but not least, the software you use must have fast and secure payment and withdrawal options - after all, you are in it to make money so you must be able to withdraw your funds quickly.
Regulated brokers offer greater levels of consumer confidence than unregulated firms. Binary options trading is a regulated product by EU jurisdictions such as CySec (Cyprus Securities and Exchange Commission) and MFSA (Malta Financial Services Authority), among others.
Considering it is free, it is a decent read for those who know nothing about binary options. For instance if you invest $1000 on one risk free trade assuming a payout of 85%, if that particular trade ends in the money, you will pocket a cool sum of $850 at the end of the day.