Let's first understand what is a Binary Option Trading and How you can Make Money from it.


A binary option trading is a fast and extremely simple financial instrument which allows traders or investors to forecast on whether the price of an asset will go up or down in the future.

For example:

The stock price of Amazon, the price of Bitcoin/Ethereum, the USD GBP/EUR USD exchange rate, or the price of Gold/Silver. 

The time span for any asset, can be as little as 1 minute/60 seconds, making it possible to trade hundreds of times per day across any global market.

The best about Binary trading is you know how much you can get if you win. Before you place a trade you know exactly how much you stand to gain if your forecast is correct.
It can be 80-94% – if you invest $100 you will receive a credit of $180 – $194 on a successful trade. This makes risk management and trading decisions much more simple.
The outcome is SIMPLE and always a Yes or a No – which means, you either WIN it all or you LOSE it all – hence it being a “binary” option. 

The risk and reward is known in advance and this structured payoff is one of the attractions.

Exchange traded binaries are also now available, meaning traders are not trading against the broker.

To get started trading you first need a regulated broker account (or licensed). Pick one from the recommended brokers list, where only brokers that have shown themselves to be trustworthy are included. The top broker has been selected as the best choice for most traders.

If you are completely new to binary options you can open a demo account with most brokers, to try out their platform and see what it’s like to trade before you deposit real money.

Now, that you understand "What Binary Trading Is", Let's go to the next step on how you can trade in Binary Options?

How to Start Trading in Binary Options Which is also known as Fixed Price Trading – Step by Step Guide:

① Choose a broker – Always start with legit and licensed broker. See the list here 

② Register an account with your favorite broker. Here is my favorite broker

③ Open Trading Platform and login.

④ Find the asset or currency to trade – Assets lists are huge, that cover Commodities, Stocks, Cryptocurrency, Forex or Indices.

⑤ Select the expiry time – 1/5/15/30 minutes or hour.

Options can expire anywhere between 30 seconds up to a year.

⑥ Set the amount of the trade – $1, $100, or $500

Always remember to choose 2-10% of your total trading account balance.

100% of the investment is at risk so consider the trade amount very carefully. I repeat, NEVER SPEND full amount in single trade.

⑦ Click Buy / Sell – Will the asset value rise or fall?  [ SELECT TO PLACE TRADE ON ONE CLICK]

Please note, every broker labels the button differently. For ex, Higher / Lower. Up/Down etc

⑧ Always try to SKIP this STEP. Because of fluctuations in the binary market, it is recommended to not opt for CONFIRM trade option.

Check and confirm the trade – Many brokers give traders a chance to ensure the details are correct before confirming the trade.

So, all set? Ready to Rock? Start Trading

Also read You Can Make $260 if you Invest $100 - Read A Complete Guide Here

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