Since their inception in 2008, Binary Options have established a history of widespread growth and global notoriety. One of the main reasons behind this is that they are easily accessible through an online medium, and therefore provide a real time trading method for those who are in the market for swift financial returns. In just a few clicks, it is possible to execute a trade and make your chosen investment, which saves the trader’s considerable time in their quest to achieve substantial financial returns.
The simplistic and fixed nature of binary options also appeals to novice traders, as they offer transparent terms that enable individuals to calculate an exact financial return on their investment. Binary options also have fixed time frames, which mean that an investor can manage his/her finances and wealth far more effectively. Given the fact that in some instances they have also been known to deliver a sizable profit, it is easy to see the attraction of binary options and their appeal in a world where investors are looking for quick and ample returns. Traders should be wary, however, as there is individual risk associated with every method of investment that must be given careful consideration.
Some brokers help there traders and provide them with an extensive range of educational tools, however some brag such qualities when the reality is just an eBook. Make sure to check out all that a Good Broker has to offer before you go with them.
There are a few reasons why trading binary options is popular. Despite trading share as a day trader, binary options are significantly less risky. That is because a lot of outside facts can influence whether or not those other types of investments succeed. When trading such things the trader must deal with leverage, margin and slippages and when it comes to Binary Options Trading you don’t really need to consider that since most Binary Options are in the short term. Long term economic factors don’t have an effect on the outcome of the investment – rather you must familiarize yourself with shorter term technical analysis tools and devise short term strategies based on that data. Good brokers will supply you with such tools and guidance, this is another reason why doing your research is so important.
Binary options offer significant lower trading costs compared with other types of financial investments, especially at start up. When trading forex fulltime a seed capital of $25,000 is needed to gain a little profit, not to mention the amount to invest in real estate.
Most Binary Options brokers will let you open an account with just $200. You can multiply that in just a matter of days, when you know what you are doing and are given the educational tools you need. Before making a trade, browse the educational tools and support of your broker. An educational section should be something every brokerage company should offer its customers, if you don’t find this; at least you didn’t trade any money yet with that broker.
With binary options you will see better returns quicker. Profit margins are typically higher than in all the other markets. Revenues between 70-85% are possible for ordinary trades and, if your broker offers it, 500% for speculative high-yield traders such as the One Touch Option.
Magnum Options is a broker platform that seems to have mastered the brokering world of Binary Options. Established in early 2013, Magnum Options uses the latest technology for Binary Options traders. The broker is privately owned by investors with many years of experience in the online trading industry. The day to day management is handled by a team of experienced online trading professionals who have all been in the position of their users, and really understand the needs and priorities of both novice and experienced traders. These professionals have assembled an educational team like no other that really focus on informing and educating all traders interested in trading binary options. Because of their expertise in the financial trading industry, Magnum Options has a very unique and refreshing approach to education, teaching people not only how to trade using a binary options account, but also how to use binary options with other trading methods to maximize profits.