The number of people who trade binary options is growing rapidly. New binary options sites are popping up everywhere and signup offers are becoming more attractive as competition grows. For those of you who are on the fence about getting into this new form of investing fad, here is why people trade binary options and why they are headed for financial world domination:
it’s good money
The truth is, if you look at the investment market, you will notice that one of the only ways to get a 65-71% return on trading stocks, commodities, currencies or indices is to trade binary options. Depending on the underlying asset you choose to invest in, you can earn significant profits. Your success only depends on one result: the rate of the underlying asset at the time of expiration. Of course, brainpower is needed here to a certain extent. To trade binary options, you need to study the behavior of the underlying assets you are interested in, but you don’t need to be a talented analyst or forecaster to turn this knowledge into profit. You just need to understand the general trends and predict the direction in which an asset will move. If you manage to do this, you could earn thousands of dollars a week.
The risk is less
One of the main features that compel people to trade options is the 15% security net return that most platforms offer, in case your option expires out of the money. Every time you buy Call or Put binary options, you are automatically given the reverse option for free and protect 15% of your investment. For example, you invested $5,000 in a trade with a 70% return and it was successful at expiration. It became $8,500. The opposite expiration would still leave you with a refund of $750.
You don’t need to be a financial expert
As I said earlier, you don’t need to be an investment guru to trade binary options. Most investment fans think that to get into trading you have to be a financial markets genius to get into the game. That might be the case with other investment tools, but not when you trade binary options. It is about predicting the direction of the market, and alone the direction. For this, all it takes is a couple of hours of reading financial news from your favorite internet news source (it’s probably part of your daily routine by now). Also, it is very easy to trade binary options online. With the click of an arrow, choose a call or put option and you’re done.
1 hour and you’re in the money
In fact, most investors who trade binary options will tell you that the best way to trade is to choose the 1 hour expiration time. This is the optimal option because the shorter the time, the less chance of fluctuations. Unlike major investing tools, you don’t have to wait a month or a year to grow your investments. In 1 simple hour you could be a few thousand dollars richer.
there are bonuses
Most options trading sites reward members who trade binary options with them by handing out bonus cash. For example, the site will award a member an extra $20 for every $100 deposit they make. Some sites have special weekend and holiday bonuses and it is also quite common to receive a promotional email with a more personalized offer. For example, your binary options trading site may offer you a better rate for a limited time if you trade binary options on your favorite underlying asset.
Setup is completely free
You don’t need a broker or advisor to trade digital options, nor do you pay commissions. If you come across a site asking for free registration, get out fast! No one takes a piece of your winnings and they are yours. Remove them whenever you want.