Suppose you’d decided to try trading and to close your first transaction. This type of trading has many positive features. When performing your trading operations, starting from the first hour you will have a possibility to get up to 85% of the amount you invested. Another important feature of this trading type is its high security level in comparison with other areas – the risk level of a particular financial operation can easily be identified in advance, because Binary Options give you a possibility to see the amount of your expected profits or losses immediately. Beyond that, when using these instruments, transactor can choose a time period, during which a specific option’s execution should be performed, and that means that there is a possibility to perform a short-term trading.
If you are not sure that you will do everything right on the first try, or if you don’t want to risk before your time, just try to perform your trading operations with minimum financial investments. You can independently set your own account’s size, because Binary Options allow for making investments starting from $1. Later, after gaining your first experience, you will be able to close transactions with larger financial volumes.
Verum Option
“Verum Option” broker provides its users with very profitable trading conditions – it returns up to 80% of partner payouts, uses US dollar (USD) as the deposition currency and allows for making transactions with the minimum amount of \$1. Moreover, this service offers such deposition and withdrawal methods as Visa/MasterCard, QIWI Wallet, WebMoney and Yandex.Money. There is also a possibility to withdraw your money via the bank transfer. Its minimum deposit is just 5 US dollars, and maximum lot – 1000 US dollars.
Binary.com
This platform has nearly twenty years of working experience, so that it can rightfully be considered as one of the biggest and most profitable brokers on the world’s financial market. The platform’s users can trade indices, currencies and raw materials on a 24-hour basis and seven days a week, including weekends. “Binary.com” broker allows for simultaneous processing of 15 transactions and makes it possible for its customers to keep their funds on segregated accounts.
“Binary.com” company is the licensed BO broker with regulation in Malta, Great Britain, Ireland and Japan. Apart from that, this company offers its services to users from CIS countries.
The platform allows its users to open two account types – demo account and real account. The minimum deposit here is $5. On top of that, “Binary.com” broker’s customers can perform their trading activities using three different currencies – US dollar (USD), Euro (EUR) and British Pound (GBP), place deposits and withdraw their money with the help of Visa/MasterCard bank cards, Wire Transfer and Western Union money transfer systems, as well as use various electronic payment systems, including WebMoney, Skrill, Moneta.Ru, Neteller, QIWI Wallet, InstaDebit, UKash и ClickandBuy.
Olymp Trade
This trading platform is a web-terminal – in-house development of “Olymp Trade” company. The broker provides its customers with a possibility to use both real account (to trade Binary Options) and demo account. “Olymp Trade” broker allows using US dollar (USD), Euro (EUR) and Russian Ruble (RUB) as deposition currencies. The minimum transaction volume here is the same as the one in “Verum Option” and “Binary.com” – it is just $1.
To withdraw their money, “Olymp Trade” company’s customers can use Visa/MasterCard bank cards and such electronic wallets as QIWI, Yandex.Money, NETELLER and Contact 24. The withdrawal is possible only to the card or wallet you used to place a deposit.
Of course, the list of brokers doesn’t end here, because the financial market presents plenty of opportunities for BO trading. We have provided you with the information about top 3 best BO companies. If you want to see the full list of BO brokers, you can do it by visiting this page.
Many brokers offer a wide variety of the trading instruments, modernizing old ones and developing new tools. In this section we will list the most popular of them, and those most commonly used for trading.
Binary Option – High/Low
Binary Option - Touch
Binary Option – Range
Binary Option - Spread
When asked how to make money on Binary Options, it is worth noting that it is practically impossible to make a large profit without using a certain strategy. Any trader is free to choose his/her trading strategy and brokerage company depending on his/her demands and wishes. Someone just uses “trendy” strategies with these instruments, someone acts under long-term or, on the contrary, short-term strategies, and some users aim to get their profits by any method. As of today, the financial market is full of various BO trading strategies, and it would be virtually impossible to list all of them. Among other things, we should also keep in mind that the financial market constantly changes being influenced by the different political and economic factors, so it is not always easy to find the right trading strategy that would work permanently and smoothly under such conditions. Let’s speak about the most suitable strategies for beginners:
Options’ strategy – Three in a row
“Reverse” strategy for Binary Options trading
“Spring” strategy for Binary Options trading
“Martingale” strategy for Binary Options trading
“New Martingale” strategy for Binary Options trading
Binary Options’ live chart
In more recent times, live charts gain the increasing popularity among traders. Besides that, beginners like them very much – when using live charts you don’t have to register with brokers, and it becomes even simpler to set indicators and test strategies.
Live charts are quite user-friendly also because unlike Forex trading, BO trading is much easier and requires lower number of the instruments. Therefore, live charts are easy-to-use, have no lags and allow traders to monitor trading on a real-time basis.
Very often brokers offer their beginners various bonuses. These extra amounts can be used during the trading process in addition to the trader’s main funds, but users can withdraw them out of their accounts only subject to certain conditions of a broker. Such bonuses are of several types:
Binary Options’ bonuses at registration
This type of a bonus is granted as a deposit amount for registration. It is often charged after the first deposit placement. It can be equal to 100% of the amount! The percentage is different from trader to trader, and the bonus’ highest amount almost always has its limitations. To withdraw the obtained bonus funds the trader has to perform the requisite quantity (specified by broker) of transactions with the bonus amount.
Binary Options’ bonuses on additional deposit
These are additional trading funds that are charged by a broker depending on the sum invested by a trader. The quantity of such bonuses is a bit lower than the one of registration bonuses, but they also make some positive contributions to the beneficial trading.
Risk-free options’ bonuses
The idea of this bonus is as follows: a broker insures trader’s first transactions. If in performing his/her first transactions the trader loses money, the broker can charge him/her with additional funds to cover those losses. The advantage of such bonus is that the trader takes no risks during the trading process – if he/she loses money, then this loss is covered by the broker, and if he/she reaches profitability – he/she keeps his/her earnings.
No deposit bonus – Binary Options without investments
These bonuses are charged to a trader’s account during the registration and require no first deposition. Such bonuses usually have stricter withdrawal conditions, but at the same time allow a new user to come to grips with the working principle of the platform and provide safe opportunity to learn how to trade. Often, such bonuses are charged automatically, but in some cases special application may be required to get them.
BO trading cash back bonuses
This is the simplest bonus type. The basic idea is that the broker compensates a part of the trader’s losses – normally 15-20%. This bonus should be used only when trader is at a loss; however, there is no need to return bonus if trading with profit.
Referral bonuses
Referral bonuses are charged to a traders’ account for every “friend” attracted. Moreover, a certain percentage is charged to a trader’s account for every deposition of the account of another broker’s customer who registered on a platform through the referral link of a trader. Click this link to check out bonuses presented in our system.
Demo-account – is an account with virtual funds, through which brokers’ new customers can evaluate the quality of work of a certain platform. Aside from that, demo-accounts are frequently used by the beginners in order to practice, and by experienced users – to test some new BO trading strategies. It is very important when the broker has such account type on its platform, thus giving its customers a possibility to use it for free.
Demo-account is very easy to use, and the basis of such simplicity lies in the principle that you cannot lose your real money. But if you take demo-account trading as a real one, it can teach you a lot. When the time comes to enter the real market, you will be well informed about all instruments and strategies and your trading will be much easier with such great experience!
IAFT recommends that beginners to try trading Binary Options by using demo-accounts of the flowing brokers:
Broker | Link |
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![]() Verum Option | Open demo-account |
![]() Binary.com | Open demo-account |
![]() Olymp Trade | Open demo-account |
You can get more information by watching our topic-oriented video package. It provides a good overview of all the peculiarities of working with binary options and focuses on how to make money on binary options.