What is Binary Options Trading

Do you want to get into Binary Options trading? Check out the following explanation of what Binary Options trading or Trading with Duration is.

Trading Binary Options

Talking about investment, currently the hot topic of discussion is Binary Options. Where this binary option is considered to be able to generate large profits and in a short time.

Trading Binary Options is almost the same as Trading Forex, Trading Stocks or Trading Crypto. Where traders trade with Buy and Sell options.

Then, what is binary options trading actually?

Therefore, Kliksatu is here to review what binary options trading is.

What is Binary Options Trading?

This question often comes out and is asked by some lay people who have just entered the investment world or have heard the word binary options.

Binary options are one of the financial instruments where you are involved in a transaction or an asset that will benefit when the contract expires.

In this binary option there are two possibilities, namely going down or up. Where means that, you can choose whether the price will go up or down when the asset expires.

Well, as for this binary option, it is different from the others in that it lies in the profits that have been determined at the beginning of trading. So you already know how much profit you get when the asset or contract expires.

The average profit you get on binary options is 80%-90% every time you trade. Even so, there are platforms that promise profits of up to 100%.

Binary options or often known as binary options are a tool that can be said when you buy an asset, then the contract or asset runs out then you will get a profit.

You can even choose the contract period to be 3 minutes, 5 minutes, 1 hour and so on.

This binary option has been carried out since many years ago, it was only famous and popular in 2008. With the development of the era and technological advances, this binary option is increasingly in demand and used by traders in the world.

Advantages of Trading Binary Options

Here are some of the advantages of trading binary options.

1. Fast Return Potential

The first advantage of trading binary options is that you can choose a contract period that varies from 1 minute, 5 minutes and so on. This is so that traders can get profits in a relatively short time.

However, it remains to return to the risk that the trader must bear if it is wrong or not quite right when making a choice.

2. Fixed Return

When the trader has made the right choice, then you can get a return value that is certainly not affected by market price movements. In fact, the value can be known before you as a trader open a position.

3. The Simplest Way of Trading

Generally, the main principle of binary options trading is where traders are involved in a transaction or an asset that will benefit when the contract expires.

Then, Are Binary Options Illegal?

This is often asked by ordinary people, namely is trading binary options illegal?

As it is known that, this binary option has gone to the public in 2008 and at that time only bankers could trade contracts.

However, because there are many positive responses and the development of the internet that is increasingly advanced, this binary option is made available to the public. Where binary options trading is authorized by the CFTC which is the highest futures trading regulatory body in the United States.

Furthermore, in 2012 the binary options boom in Europe as well as the government from the UK through the FCA ratified and supervised this binary option trading to avoid fraud or fraud.

In fact, the government of the European Union also does not want to be left behind, namely Cyprus, which passed Cysec to ratify and supervise this binary options trading.

In conclusion, if there is a question like whether trading binary options is legal then the answer is YES.

Then if someone asks is this binary option safe? Of course the answer is SAFE.

Why is it safe? Because binary options trading is legal, the highest regulatory body will oversee all regulated binary options companies. Well, here is one of the famous binary options, namely www.binary.me which has now changed to www.deriv.com.

Here are some Binary Options Trading:

• Quotex
• Binomo
• Deriv or Binary.me
• Olympics

This is an explanation of what binary options trading is and its advantages. Actually, it is almost similar to forex trading, it’s just that in this binary options trading you can set the duration of the trade.