What is a binary option?


1. A type of option in which payout is a fixed amount of profit to nothing.

 2. Also named fixed odds betting

 3. A financial option is derivatives. derivatives being an instrument derived from an underlying asset.

 4. The payout is determined by the opening and closing price. When you profit from a binary option a profit is a pre-agreed amount between an individual and the proper or its a loss.

Lets first discuss the disadvantages of binary options.

1. The binary options trading is performed by the broker and through an agency that is legal and authorized but in some cases, Most of the trading platforms are not regulated by the government such are unauthorized which could double your risk.

2. It is hard to find a legal and regulated binary platform that is 100% secure.

3. Risk involving is too high for a certain time period. In binary option, you can get up to 80 to 90 % returns in your correct forecasting and deduct 100% of your investment in your wrong. 
Some time fundamental analyzing trades go wrong. 
Benefits trading binary option:

1. Binary option offers the easiest and lowest entry into online financial trading. If you want to earn an instant cash binary option allow you to do so. There is no form and no value-adding system before placing your investment

2. You can open an account in about 5 min and start trading with a deposit of $10-$20. Some platform offers you a minimum deposit of $5. If it is your affordable amount, I recommend you proceed to investment for examining purposes.

3. You can trade in yen Rupay, dollar, pound, and euro. different currencies are there to trade. Wide range of the market to trade. Binary option holds a large variety of asset stocks, commodities, and currencies. That can help to take and sift your trading decision over the assets.

4. As a return as small as 15 sec. The binary option returns you minimum time but Don't place investment less than 5 min
5. Trade whenever you want. The trading platform allows using their application for comfortable trading experience.

6.Trade up Dow and sideways

The binary option offers you up and down doesn't matter whatever happens with the market.

The task of the day:

Open an account in any legal trading platform. Use your demo account to trade. Analyze the market and place trade. post your winning screenshot on our official Facebook page Financegroww.



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