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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 IQ Option. This broker has a minimum deposit of only $10 as well as a free unlimited demo account and you will enjoy binary options trading at its best.

Click here to signup at IQ Option and start trading right away! >>


How to become a successful trader

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.

About binary options trading

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:

  • There are plenty of strategies and methods for analysis. There's no one perfect strategy and traders with very different tradingstrategies can succeed.
  • It's easier to start trading with Forex instead of other assets like stocks or commodities.
  • If you need help, don't hesitate to contact a brokers customer support. They are usually very helpful even though you have questions related to your trading execution and performance. Just contact them and try to absorb as many information as you can get - they are free!
  • Open only positions when you're confident about it. When you're in doubt, select longer times. Instead of minutes you should take hours and instead of hours you should take days. This will increase your chances to finish in the money even though it means that you will get paid off later.