Have you tried your luck in trading options, but were a bit skeptical since all you’ve heard from people is that they have lost the shirt on their backs trying to trade? Well, there is now a safer way to trade, as well as have the opportunity to make easy profits, binary options!
Binary options are very simple up or down trades that give you return at expiration if you are what we call “In The Money” or ITM. The payout in these trades are already predetermined, which is always a fixed amount and can be seen before you trade on any particular platform or broker website. You therefore know beforehand the risk as well as the profits that you would make at the end of the expiration of the option. You don’t have to be an expert at trading if you are thinking of trading in binary options. All you have to do is set whether or not you believe the price will go up or down from where it currently is by the end of the expiration of the option which may be anywhere from 15 minutes to 1 hour.
The rewards gained from trading in binary options are much higher than the other trading options. In most cases once the contract is over the returns on the investment is around 71%. This is surely a very high return on an investment contract that would probably be just a 5 minute or an hour old contract. The returns and turnover that an investor gains with binary options is much higher as compared to other interesting options. Moreover traders find it extremely interesting trading in binary options because of its short contract length, and high returns.
Since the investor does not buy the asset but the option, the profits in binary options open up to a larger audience who would have otherwise only invested in stocks that have high values and prices. Also since binary options are linked to change in the direction of trade and not the difference in price, investors can make huge profits with little movements in the market.