Tuesday, 17 July 2018

Getting Started with Binary Options


Binary options trading is the shortest route to financial market trading. It is a very volatile and speculative industry and that is why its risk and reward are so high. 


So, to ensure that you are not careless with your money, many brokers offer you the opportunity to practice with virtual money. (A virtual money is money that you cannot withdraw, you only use it for practice so that you don’t risk your real money. ) This is called Demo trading. In demo trading, you have all the features that you will see in live trading. The only difference is that you cannot withdraw the money you make from demo trading.

We recommend that you trade on demo with free virtual money to master how the program works before your deposit your money for live trading.

To get started, follow the following steps:
1.     Open a free account with a broker.
2.     Download their app or platform
3.     Familiarize yourself with the platform
4.     Test your strategy on demo
5.     Fund your account and start trading on live.

Opening a free Account
Most reputable brokers will require your details to open an account with them. Kindly check out our recommended brokers. Once you register with them, you can start trading on demo.
Click here for us to walk you through account opening with our recommended broker.


 TOP RECOMMENDED BROKERS


BROKER
BONUS
MIN DEPOSIT
PAYOUT
OPEN ACCOUNT

$ 10
Up to 91 %*

$ 10
82 % for Standard, 90 % for VIP accounts*

                                              *in case of correct prediction 
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Broker’s Platform
Broker’s trading platform may be challenging in the first instance. But when you follow it keenly, you will be familiar with it in a few minutes. You can also watch the video and follow the guide in the application to master it. Click here for us to walk you through the platform of our recommended broker.

For Deposit and Withdrawal read this post.

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