": it’s a simple enough question, but with so much inaccurate information and ‘too good to be true’ assertions about the risks associated with this form of trading out there, it can be a tough one to answer. " Is binary options trading for me?

The broker trades in forex and CFDs with a diverse underlying investment portfolio. Founded in 2010, Uruguay-based EmpireOption with a registered address in London, England. As with most brokers, US traders are not accepted.

Buoyed by this impulse, the negotiator may seek to reduce the risks involved in binary options trading based on the budget that he wishes to allocate to this practice. To achieve this, he can opt for a broker that offers minimum amounts of first deposit, and the lowest possible position for opening an account. The novice investor, who wishes to look to trading in binary options, must be aware that this method of trading involves risk.

In fact, like all the other assets available on the Plus500 platform, the options are traded through CFDs, therefore we are talking about a derivative financial instrument that does not allow you to own the asset directly, but where you can make a prediction on the price.

It primarily trades in binary options. As of this writing, US traders are not accepted. 365Trading is registered with the CySEC and based in Cyprus. It was founded in 2012 and has since traded in the EU without issues.

Many of us resolve to ‘read more’ at various stages of our lives. So why not put that to practical use and settle down with a good binary options trading book? With this in mind, here’s some suggested reading…

So, essentially, the best time to trade stocks is when their respective markets are open. Else, you will trade against flat price movements and that can hugely affect your bottom line. Additionally Xetra DAX can be traded from 8am to 4:30 pm GMT. You can trade FTSE-listed stocks from 7 am to 3:30 pm GMT. For instance, the NYSE is usually active from 0930 hrs to 1600 hrs EST.

That being said, it is always upon you to do due diligence and figure out opening and closing time in your time zone. Although binary options brokers provide 24/7 trade platform access, it is important to note that availability of specific stocks is dependent on opening and closing times of specific stocks exchange under which it is listed.

Difficult to make an informed decision: The short duration of trades with the complex method used to price binary options, means that it is difficult for consumers to value these products accurately. Addictive behaviour: The fact that binary options are similar to fixed odds bets, along with the short duration of contracts, means that they can be addictive and can result in consumers accumulating significant losses. This places the firm’s interest in direct conflict with yours, which increases the risk of poor conduct by firms offering these products. Conflicts of interest: In most cases, the firm you are buying options from benefits when you lose. Losses from trading: FCA data suggest that a majority of consumers lose money when trading binary options. To make a profit, a consumer is likely to need both a sophisticated knowledge of financial markets and to ‘beat the odds’, which is always difficult to do. Potential for fraud: Binary options are a significant source of fraud in the UK. Since 2012, there have been a reported 2,605 victims who lost ?59.4m on binary options scams.

Well, initiating trades haphazardly is tantamount to trading career suicide. To that end, we have compiled an article detailing the best time to trade binary options 60 second trading strategy 2014 silverado options. We can however all agree that trade entry and exit times dictate whether your trade will end in the money or out of the money.The best time to trade is always an elusive topic especially if you are new to financial trading. Success in binary options or forex trading for that matter is hinged on a variety of variables.

Candlesticks are information-dense, highly useful means of identifying trends, providing traders with details of opening and closing prices, highs and lows and overall range – often over very short timeframes. They are a valuable part of any trader’s toolkit – including binary options traders.

If you have ever needed a quick, no-nonsense overview of a complicated area, there‘s a good chance that you’ve reached for a For Dummies books in the past. With simple prose broken down into bite-size chunks and plenty of diagrams, this series of instructional manuals rarely disappoints.

The trading platform is SpotOption, a standard but increasingly old school tool compared to newer platforms today. The UI is familiar, and the elements are organized, good enough for first-timers to kickstart their trading without a hassle. Support is via chat, while Android and iPhone apps are available.

There is no minimum deposit, and there are no bonuses, too. Returns also vary depending on the product. Today, it trades in indices, commodities, shares, treasuries, and forex, but US clients are not yet accepted.