In today's world of competitive online binary options trading, there are a growing number of platforms that are all vying for traders' attention. Many of these platforms offer incentives, bonuses, and other enticing amenities to those who will open an account and begin trading via their particular site. While some of these offers may be hard to … [more...]
Welcome to BinaryOptionsGeek! Your number one resource for binary options trading. If you're new to binary options trading you may ask what it is all about. And we can explain it to you in a few words: Binary options give you the chance to make very high profits in just a few minutes and it works this way. You buy a binary option and speculate that the price of a certain underlying like a stock or commodity will rise. If that's true you make up to 90% in profits. If not you will lose your investment or only get a tiny fraction back. That's pretty much it! At least these are the basics of binary options trading. The most important step is to find the right broker and that's not an easy task. A broker is so important because you need it to make your investing. You have to compare them carefully to find the one that suits you best. However, it won't hurt when you signup with one of the market leaders like Nadex. This broker has a minimum deposit of only $100 and you will enjoy binary options trading at its best.
Trading with binary options sounds like a ridicolously simple task. You select "Call" or "Put" and make a predefined profit when the underlying moves into the right direction. Trading can't be simpler. However, it's not that simple to trade successfully. Success is defined by the long term profit of a trader. Making quick profit is very easy with binary options when you're lucky enough. But profiting in the long run is a very difficult task and you won't succeed over night. That's why we started an extensive binary options trading school. There you'll find everything you need to become a successful trader. But before you go there and read all the articles, you need to know about the basics. You have to understand how binary options trading really works, where you get a demo account to trade without risk and where to start trading with real money. Just take a look at our basics section to get started. In addition to our basics you need some more advice that you can find here. There you'll learn everything about trading platforms, cheating, bonuses and if binary options can be considered as game of luck.
Trading is simple. It takes virtually no time to learn how to trade and buy your first option. But it is a real challenge to understand the markets, making use of this knowledge, find the right strategy, choose an asset properly and make the right financial trading decision. At BinaryOptionsGeek we will help you with this difficult task and to start out we have a few tips you should follow: