Here at Trading Binary we have reviewed the best Binary Options brokers for you to trade with. There are hundreds of Binary Options brokers that you can choose from, and that is where our reviews come in. Since there are several hundred brokers, it is a very difficult decision with what broker to trade with. Therefore, we have reviewed all the best available brokers and compiled a list of recommended brokers for traders who are new to Binary Options to find which broker best suits them.
In order to compile this list of recommended Binary Options brokers, we had to take into consideration multiple factors that any trader will be looking for in their broker, such as bonuses, minimum deposits, maximum payouts, trading limits etc.
For the traders who are completely new to Binary Options; it is a simple form of trading the movement in value of a range of assets. The following assets and their examples can be traded with all of the recommended brokers.
- Indices - FTSE, Dow Jones etc.
- Commodities - Oil, Gold, Silver, Coffee just to name a few can all be traded with Binary Options.
- Forex - USD, GBP, EUR, JPY etc. can all be combined to make trades.
- Stocks - Many of the biggest companies in the world can be traded, such as Coca-Cola and Google.
Trading with Binary Options is so popular because is is easy to understand and there is only two available options for the trader to make. Put and Call are the trades used in Binary Options. They are effectively high and low trades that are used in more traditional forms of trading.
Whenever you expect the value of whatever you have traded on to decrease, then you will place a Put Trade on this. This will ensure a profit if the movement of value is in the same way that you had anticipated.
A Call Trade is the exact opposite of a Put Trade. Therefore, if you suspect that the value of whatever you trade in will increase in the time period you have selected, then you will place a Call Trade to make profit.
There are also other types of trades used in Binary Options such as Touch and No Touch. However, these trades are advised only for experienced Binary Options traders.