Open an account with an offshore binary options broker. Select the asset you want to trade. Make predictions with regards to the trade. Choose the amount you want to invest in your binary option. Trade the option The outcome is either a direct return on investment or no investment at all.

There has been tremendous growth in online trading at a global level and India is not behind. Since the introduction of binary trading in India, binary options such as IQ Option, have gained popularity in India quickly. With more investors wanting to invest in IQ Option , India still has a majority of people who are unaware of the application of binary options and often Google questions like 'Is binary trading legal in India?'

Trading forex is always the result of a carefully planned strategy . Indeed, it is only used force and trader that can become better and achieve more gains. However, the psychological side of the trader sometimes outweighs the purely technical side. A trader sees his trade collapse or rather fly light’re not going to react the same way or even with common sense necessary. This is why more and more platform offers to let computers to react. This is what we call automatic trading.

A casual look at a handful of binary options brokers leaves you with the impression that all you need to do to turn a profit is to create an account. Some brokers proudly advertise that you can generate an 80% return within minutes. Moreover, you can supposedly do so over and over throughout the day. That’s hard to ignore, especially when other forms of investing offer far lower returns. But while you can make money by trading binary options, it is critical to have a realistic perspective. That’s what we’ll discuss below.

In Nigeria, the main regulatory body that is in charge of regulating the financial services industry is the Nigerian Securities and Exchange Commission (SEC). Formed in 1979, it is mandated to supervise the Nigerian Stock Exchange to ensure orderly and transparent dealings of securities traded.

Let’s use the EUR-USD currency pair to demonstrate how binary options can be used to trade forex. We use a weekly option that will expire at 3 P.M. on Friday, or four days from now (or Monday). Assume the current exchange rate is EUR 1 = USD 1.2440.

Binary trading in India is a form of an 'all-or-nothing' option in which the payment is composed of a fixed compensation upon expiry of option in money or nothing upon expiry of option out of the money. A binary option is a kind of yes or no probability and therefore, termed as binary. The option holder does not have the choice to sell or buy the asset as binary trading is done automatically.

By providing the list of top 10 binary options brokers we like to think we are helping all the traders out there have a pleasant and profitable binary options trading experience. These sites are reliable, handpicked and offer quality customer support. Fairness, safety and secure banking are four most important indicators when we inspect binary options brokers.

With online forex trading established since 2004, Nigerians binary options traders will have no problems in trying to fund their trading accounts with the same methods which forex traders use. As such, traders in Nigeria can use bank wire transfer, credit cards and popular eWallets to fund their trading accounts. Even if the trading account is with an offshore brokerage firm, there are no significant fees involved in the transfer of funds.

If you are thinking of supplementing your income with online trading, now is the best time to do it once you have access to the right broker. Just ensure that before you commence live trading, you spend some time to research and study the markets in order to be familiar with the market environment. As an added plus for new traders, the list of brokers that we recommended all have a comprehensive educational section on their website. These materials are all provided free of charge and as such new traders should take advantage of the opportunity to learn more before they take the plunge.

Binary option trading software like IQ Option requires high-risk management, however, the binary option holder knows about the quantum of risk involved in each trade and the loss is limited to the amount risked in binary trade.

If you are finding it hard to spot best binary options brokers, Binary Preview brings you a Top 10 binary options brokers list. Before selecting a trading platform, it is important to check whether the binary options broker meets your demands or not. Maximum deposit, minimum deposit and ratio of bonus turnover are some of the key points that help in selecting a trading platform. Easy earnings on the Internet our website, in-depth detail of Top 10 brokers is given but it is up to you to find out the one which is capable to accomplish your objectives.

If you’re just getting started trading binaries, you’ll be struck by some of the advantages it offers over other forms of trading and investing. For example, the potential returns are astronomical (but remember, they come with higher risks). Someone who invests in stocks may be content with a 10% annual return. With binary options trading, it’s possible to almost double your investment within minutes.