Binary options questions

binary options questions Binary Options Forum. We welcome your new questions about binary option brokers, trading software, signals and robots. Please read these articles, before asking your question ! This forum is filled with questions from investors and traders just like yourself, who are looking for a binary options broker. There is a search feature on this website for you to find the answer to your question very easily, please use it! Most Frequently Asked Binary Options Questions. If you have come across our website as you have an interest in Binary Options but do not fully understand how these financial instruments work and operate, then this section of our website will soon enable you to get an understanding of how they work and operate.

Below are the most commonly asked questions surrounding placing Binary Options trades online and once you have read them please do spend some time looking over any of our other Binary Options guides and articles as we have several of them available throughout our website which will help get you off to hopefully a flying start when you decide the time is right to start trading online! Binary Options are a simple way for anyone to start making profits from stocks and shares without you having to actually purchase stocks and shares in any publically traded company. You will be given two options in regards to trading Binary Options and that will be to try and correctly predict whether the value of any company will increase in value or decrease in value over a given time period. Make the correct decision and you will make a profit however make an incorrect prediction and you will lose your investment.

There are many benefits of investing in binary options online. What Companies Can I Place Binary Options On? You are able to place Binary Options on any publically traded company anywhere in the world, and as such you can choose from banking institutions, retailers and even place trades on whether the value of commodities or precious metals such as gold and silver will increase in value or decrease in value over any given time period. Why Do Binary Options Brokers offer Bonuses? One thing you are going to notice when you visit the website of any Binary Options Broker listed on this website is that each of them offer new traders a range of bonuses.

These are given away as an incentive for you to sign up and to start to trade at those sites. The value of the bonus cash you can claim will vary from site to site and will also vary depending how much you deposit into your newly opened trading account, but there are some very generous ones of offer that are certainly worth checking out. Do I need Specialist Knowledge of Share Trading? The one main attraction of placing Binary Options online is that you will not need a great understanding of how stocks and shares operate nor will you have to be a technical wizard to be able to place your trades online.

For when you sign up at any of our featured Binary Options Brokers you will find a very easy to use trading platform and you simply need to look up the company you are interested in placing a trade on and then choose whether you think the share price will increase of decrease over any given time period. You then place your trade at a value you can afford and when the time period has expired any profits are added to your account instantly. Do All Binary Options Brokers Accept Nigeria Based Traders? When you start to browse the internet looking or Binary Options Brokers you will find many of them will accept Nigeria based clients and some won’t. To make your life easier all of the sites listed on this site do indeed accept and welcome Nigeria based customers and as such you will have no problems what so every signing up to their sites, making a deposit, placing your trades and finally getting paid put any profits made in a very timely fashion. Do I Have to Place Real Money Trades?

Each of our approved and fully licensed and regulated Binary Options Broking site knows that many of their clients will be new to the world of Binary Options trading and this is why they all make available to their newly registered clients a demo mode version of their trading platform. This demo trading platform will allow you to place demo trades on real time and current trading opportunities but do so in a no risk format. This is a great way to truly master placing the quite numerous different types of Binary Options that are available online at any time of the day or night, and it is an option we would advise all new traders make full use off. What is a Trading Manager?

You will often find that when you sign up to some Binary Options Brokers you will be designated your own personal Trading Manager, this is simply a member of the Broking site staff who is always on hand to help and advise you if you have any questions what so ever. This Manager is also the person to chat to if you are looking or any additional perks of using one site over another as they can often offer you completely risk free trades and additional promotions offers. Are Trading Profits Paid Tax Free? You will not be charged any taxes or fees when you have placed winning trades at any of our featured Binary Options sites and as such when you make a withdrawal of any gains make they will be sent to you free of tax.

Be aware though there may occasional be some fees charged depending on just which withdrawal options you choose to get paid by, so always try and select on to use that has no fees attached to it! Are Binary Options Sites Licensed and Regulated? We have chosen to list only the Binary Options Brokers we know currently hold a full and valid trading license for that way we can be assured of each site we promote to our website visitors will offer you the very highest levels of service, and being regulated they do of course adhere to a very robust code of conduct and ethics. Please be aware not all Binary Options Broking sites you may stumble across online are licensed or regulated and you must always avoid trading any such a site! Frequently Asked Questions. 1. Register to a trading platform broker, preferably one or more of our recommended platforms.

2. Select the asset or item to trade. For example, the EUR USD. 3. Determine the amount you wish to invest, make your prediction on direction the price of the asset will take. If you predict it will rise, select Call (up), and if you predict it will fall, select Put (down). 4. Collect your winnings. Which trading platforms do you recommend? We have collected and critically analyzed the best trading platforms, which are on this website. We recommend these platforms. Which automatic trading software would you recommend? We highly recommend Binary Option Robot program, which is the best in the industry. It will help you in trading and in getting the best results to generate more winnings and more money. Which service do you recommend for buysell - signals? We recommend the services covered by the absolute elite signal tip back and forth service. What investing strategy do you recommend? Trend Strategy is the commonly used and most profitable strategy. What are binary options? Binary options are options which when traded one gets the payoff or gets nothing. One can either win or lose and therefore, the word binary which means two. The trader knows the income or loss before investing. Trader may invest in commodities, indices, and currency pairs. Where can I open a free demo account for testing trading before using real money? You can open a free demo account on Banc de Binary trading platform for you to practice. You will get $ 50,000 for use. What do put and call mean? These are options used in binary options trading investing. The Call (Up) option is used if you predict that the value of the asset will rise. If you predict that the value of the asset will reduce, then you select Put (Down). What does the expiration time mean? Expiration time is the time in which a particular trading expires. For instance, a 30 seconds trading expires after 30 seconds. It is at this time when you see if you have won or lost. What does the maximum winning percentage for trading platforms mean? It is the maximum returns, which you can get on an investment. For instance, in Banc de Binary platform it is 91%. If you invest $100, you get a profit of $91. Is it possible to invest with a mobile device? Yes, you can invest using a mobile device in many of our recommended platforms. Do you have reviews of Forex Brokers too? Recommended Binary Option Robot Latest posts by John Miller (see all) Interview of Daria Glazko from IQ Option - July 20, 2016 IQoption Adds New Deposit Feature and Forms New Partnership - July 5, 2016 How Binary Options Changed My Life and Got Me Out of Debt - June 7, 2016. Very informative, t hanks. Leave a Reply Cancel reply. Best Auto Trading Robot. Average return in our test 91% Price free Compatible brokers 11 Accepts US customers 7BO Award 2016 winner - Best Robot. Best Robots and Signal Services. Best satisfaction rate (96%) Excellent trading platform Best customer service 7BO Award 2016 winner - Best Broker. Trending Broker Reviews. Innocent on Binary Option Robot Chris on HighLow Harry on ExpertOption Gregor on ExpertOption Donald on ExpertOption Harry on ExpertOption Manuel on Forex Trading. 7 Binary Options News. Average return in our test 91% Price free Compatible brokers 11 Accepts US customers 7BO Award 2016 winner - Best Robot. 7BinaryOptions. com Worldwide. About Us & Disclaimer. Disclaimer 7 Binary Options will not be held liable for any loss or damage resulting from reliance on the information contained within this website. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author. 7binaryoptions. com is only a website offering information - not a regulated broker or investment adviser, and none of the information is intended to guarantee future results. Binary option trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. In accordance with FTC guidelines, 7BinaryOptions. com has financial relationships with some of the products and services mentioned on this website, and 7BinaryOptions. com may be compensated if consumers choose to click these links in our content and ultimately sign up for them. By using this website you agree with the limitations and exclusions of liability set out in this disclaimer and the separate disclaimer page. If you do not agree with them, you must not use this website. Frequently Asked Questions. The first time I heard about Binary Options, it went like this. Friend Where do you think Oil is going in the next 60 seconds, up or down? Friend Thanks, I just made $70. Friend Well I bought a binary call option and I make over 73% return just by picking up or down. Visit Boss Capital or Grand Option and see how easy it is. Binary options are just like stock market options, meaning they expire after a certain amount of time, however, the return is a pre determined amount. When you trade binary options, you choose up or down and the time frame. If you are correct with the direction of the stock underlying asset then you make money. It is as easy as playing black or red in roulette. Are Binary Options good for inexperienced traders? Yes and No! Binary option trading platforms websites are made for newbie traders with their intuitive design and user friendliness. They also offer online training, and for large depositors they will assign your a private broker to help you place trades on the system. The problem with binary option trading is that it is very different from stock market long term investing. Binary options expire rapidly and not only must you predict the correct direction of the movement, you must also pick the time frame of the assets movement. Who regulates binary option brokers? The largest licensee and regulator of binary option brokers is the Cyprus Securities and Exchange Commission (CySEC). Trader accounts in regulated brokers are covered by up to €20,000. Cyprus is an EU member country which means their licensing of a broker makes that broker licensed in EU member states. This is part of the MiFID agreement. Visit CySEC here. How much do I need to trade binary options? Most brokers have a minimum deposit required to open a trading account. Some brokers only require $100, others require up to $500. Have a look at how to compare brokers. Once you open account with a broker, then you can place binary option trades for as little as $1 to as high as $50k for each trade. Which Binary Option Broker Should I Use? That all depends on where you live and what type of trading you plan on doing. If you are located in the United States or Canada, there are some brokers who will not accept you as a client. If your native language is not English you will probably want to find a broker that has a site in your native tongue. Brokers periodically offer specials and promotions that may be worth taking advantage of. We encourage you to read our continuous coverage of regulated binary options brokers, to see who is regulated. What are the trading times for Binary Option? Trading times for binary options depends on the specific asset in question but are always connected to the official trading hours of the various financial exchanges. Binary options on US Stocks are available from 930am – 400pm EST. Binary options on commodities like oil and gas trade based on the Globex hours from 800am – 130pm CST and binary options on currencies trade 24 hours a day except Saturday and Sunday morning. binary options questions Frequently asked questions. How do you rank brokers on your site? Answer Using our special formula to rank the broker, gives a good indication of their performance. By clicking on the following link binary-options. reviewshow-we-rank-the-broker you can find all the relevant information and answers to help guide you. What is the best way to find a top broker? Answer We use many parameters, amongst which is Google Trends, the analytical chart shows the popularity of Brokers over a period of time. We constantly check and update our ratings accordingly. You can find this by clicking on our home site binary-options. reviews and going to Google Trends. Is the information on your site sufficient to decide which trades to trade? Answer Our dedicated team does their best by examining all the main parameters to be able to offer the trader the required criteria. We suggest that you go and visit the brand site and read the terms and conditions section. Which brand is the most popular brand? Answer By going to Google Trends on our site the chart shows the most popular brands traders chose over a period of time. Alternatively we have listed our top 10 recommended brands for trading with rankings at binary-options. reviews As a trader I have a lot of experience, can I contribute for other traders on your site? Answer Sure you can, by voting! Then just write a comment on each brand. You are most welcome to leave a reply as well! I chose a good broker from your list, but now I need to choose which asset to trade with. Do you have any advice? Answer We recommend that you start off by choosing a popular asset which you can easily get data and information from. By linking to our homepage at binary-options. reviews and going to Google Trends you will also be able to get a lot of valuable information that will help you choose. I have heard that on the one hand that binary options trading is very profitable but on the other hand that it can be very risky. Is it? Answer You heard right. This field can generate high profits , nevertheless it is very risky and you should trade only after you have learnt about the broker and examined their terms and conditions. It is recommended that before investing in financial markets, that Binary Options trading carries a high level of risk and may not be suitable for all investors so always take into account if you are financially able to assume the loss of your entire investment. binary options questions Are you regulated ? ( The reason for this question - Regulated companies are in strict overview of working under the rules ) What is the minimum Investment deposit ? So you will know that you can start with a small amount and test the system out When your binary options company was established ? If the company was created more then a year ago most of the chances they are professional in their field How long does it takes to withdrawal my money out ? Usually companies are trying to make the withdrawal up to 72 hours - it is the company you would like to work with. Who will work with me on my account - what is his background ? You must work with a professional broker that will explain you everything that you need to know Customer service - what are you working hours ? You must have access to the broker 247 there are bugs and world wide event that can happen every second - you must have full access to the broker including customer service. Do you have mobile application ? It is helpful to trade everywhere at any time - mobile app is one of the tools to success. C lick on the chat button and a live representative will help you out the make smart choice. Objective Binary Options and Forex Reviews. We are committed to giving traders the most objective binary options information. Our main goal is to protect traders from scams, which are unfortunately very widespread nowadays. You are welcome to consult with us before signing up with any binary options company to make sure they are legit or if you have any questions about binary options and Forex brokers or services. If you want to know if a certain signal service or broker is a scam, we will probably be able to give you an objective answer. Our email is If you are just starting out with binary options, the first thing you should do is to read our Guidelines for Dealing with Binary Options Brokers. It contains a very important warning regarding binary options brokers and signal services in general. If you already signed up with a few brokers and got scammed, don’t just forget about it. Help us warn others by filing a complaint. FAQs about Binary Options. In this article we try to answer some important questions you might ask about binary options trading. All questions come from interested readers or platforms such as forums where traders find answers. We hope that we can answer some of your most important questions and ensure a safe start into binary options trading. First of all, you should choose the right broker and the broker that we recommend is IQ Option, the market leader with a superior trading platform that is very easy to use. RISK WARNING YOUR CAPITAL MIGHT BE AT RISK. Can you make money with binary options? It is obvious that you can make money with binary options trading. The question is how much and for what time frames? When you just buy one option for $25, you can earn $20 when the option is in the money, but is this already making money? It’s true that you make more money than your initial investment but not necessarily over the long term. But when you can earn $100 each month with a $1,000 investment over a long period of time than you definitely can make money. Just finishing a few options in the money is nothing special but making money over a longer period of time is. There are many traders that make a living with binary options but they put a lot of effort into it and they know the market very well. If you think you can make a living after reading a book or following a few trading tips then you’re wrong. Are there good books for binary options? Yes, there are a couple of great books that teach the fundamentals of binary options trading Binary Options (click here for more details) and Trading Binary Options (more details through this link) Do you have to pay taxes on earnings? This is a very tough question that is impossible to answer with confidence. If you’re a non-US trader you have to check your country’s tax law. For US traders, it’s not clear because binary options trading is fairly new. Common sense is that it belongs to capital gainloss and you can deduct losses from other capital income. But it might be possible that binary options is classified as bettinggambling like horse races or the lottery. In this case, you can’t deduct your net losses. If you’re serious about making money long term you should hire a tax consultant. What are the best platforms for novice traders? All major binary option platforms (like SpotOption and Tradologic) are great platforms for beginners since they are very easy to use and navigate. Binary options trading is fairly simple and so are binary options platforms. If you choose one of our listed brokers we’re confident that you won’t have any trouble handling the trading platform. Are there demo accounts? Generally speaking, there are demo accounts for binary options traders but the offering is poor. Some brokers allow you to use their demo platform when you make your first deposit. Others limit it to a few hours of use and others don’t even offer demo accounts. Other brokers just offer trading simulations. Read our article about demo accounts for more details. Many new traders are searching for demo accounts without registration such as is possible with Forex trading. With binary options trading, this kind of demo account can’t be found anywhere at the moment. It is possible that brokers may offer it in the near future. What’s the difference between brokers and traders? Some newcomers mix up traders with brokers. A broker is someone that gives you the opportunity to trade with binary options. A trader is someone that is trading (selling and buying options) and needs a broker that offers a platform for these trades. Is it possible to trade Facebook options? After Facebook’s IPO, many traders spotted the opportunity to make money with going short because they thought that Facebook stocks were overrated and that the price would drop soon. A couple of weeks later (in August 2012), it was clear that they were right and the question is whether the stock will drop further or consolidate. You can trade Facebook stock options at Traderush for example. What bonus conditions are available? Many brokers offer their new traders a welcome bonus to make their stay more comfortable. Bonus conditions and rules vary between brokers. One broker may let you withdraw the bonus money after buying or selling options for 15 times the bonus amount and other brokers for 25 times. This is a huge difference and you should study all terms and conditions before you make your deposit and then compare brokers before you decide to take advantage of a certain bonus offer. IQ Option is one of the most reliable and secure brokers and a safe haven for all traders. This broker is regulated by CySEC and offers options for as low as $1, plenty of stock options and a great trading platform! Some Common Binary Option Trading Questions. What happens in terms of the binary pricing if the market goes down and I am long? Buying the binary you want the underlying market price to trade higher and ultimately finish above the strike at expiration. Keep in mind that the initial binary trade, the cost is the maximum risk exposure. If you bought the binary and the market price goes down then your binary price should decrease in value. As for the binary buyer which strike are you long? OTM (Out of the Money) binary strike - where the underlying price is below the strike. For the OTM binary, the initial cost is low however adverse underlying price movement should impact the binary pricing less due to the optionality. Another was to say this, the binary pricing would have a low delta ATM (At the Money) binary strike - where the underlying price is trading at or near the strike. Here the binary pricing reacts to the underlying price more equally in either direction. ITM (In the Money) binary strike - where the underlying price is above the strike. For the ITM binary, the initial cost is much higher however adverse underlying price movement will impact the binary pricing at a greater rate due to being OTM. Here the binary pricing would have a high delta. The other factor to consider is time how much time does the binary have until expiration. The shorter the time or the less time till expiration, the more sensitive and volatile the binary pricing can be relative to the underlying price movement. If the market goes down and then back up again? When binary trading, a great benefit is that your risk is defined up front. It is the most you can lose on a trade but if you’re comfortable with your risk, you can ride the storm when markets are all over the place. As long as you don’t offset your trade early, if the underlying price goes lower first than your binary position is losing unrealized P&L. Then the underlying price recovers and starts trading higher, your binary position is showing an unrealized gain as long as the current binary price is higher than your entry price. If the binary finishes in the money the return on the binary depends if the strike is ITM, ATM or OTM. Binary trading you’re paying for the initial probability or trade advantage. A higher initial cost (ITM) results in having the initial trade advantage but a lower ROI. A lower initial cost (OTM) results in having the initial trade disadvantage but a much higher ROI in comparison. The initial cost for an ATM binary, the price around 50 means it’s a level playing field as the settlement payout is $100contract which is around 100 % return ( exchange fees not include) How do I choose whether to stay in the trade or get out? The decision should be driven from your underlying market view. Is the underlying market going to be above or below the binary strike at expiration Is your binary trade profitable or losing money? How much was your initial risk? Initially was your binary OTM, ATM or ITM? Remember with a binary, if you are wrong at expiration, you lose 100% of your initial cost. If you have a binary trade that is in the money and waiting for expiration, how much trade edge do you have? How much time is left? You can never complain about taking a profit. If you bought the binary cheap say $10 and it’s trading 95, what is wrong with an $85 gain per contract which is an 850% return? You’re trying to squeeze just $5 more out of the trade when you never know what surprises can happen. When the outcome of the binary is still questionable, the binary pricing can have huge swings caused from little price movement of the underlying price. Be aware of what can happen! Is it a different decision in binaries than if I am trading futures? Futures are a linear trade with leverage. Depending on the tick value and the volatility of futures, there is way more risk trading futures which means there can be big profit potential where it is unlimited compared to binary options that are capped. Trading Futures, you use stops to protect from adverse price swings. Choppy markets can be frustrating where you can get stopped out of your position only to see the market trade to where you projected. Binary Options have no leverage, capped settlements of $100 contracts but it allows you to buy time. FAQ – Trading Questions and Answers. Not everyone is going to be fully aware of what Binary Options are and how you can use them as a way of making some very substantial profits placing trades on a wide range of company share values or any of the many other types of trading opportunities that become available to you when you start to trade Binary Options. In this section of our every expanding website we are going to take a look and present to you the most frequently and most commonly asked questions that novice or first time Binary Options traders who are based in Nigeria may have. We have tried to be as completely and diverse as is possible in regards to putting these questions and answers together, however if you find you still have some questions that you need the answers to them carry on looking around this website as you will find the answers you are looking or if you do, as we have put together a very wide and diverse range of other questions and answers type guides and articles to enable everyone to get their head around how Binary Options work and operate and how you can quickly get involved in them. Before you are permitted to start trading Binary Options online you will have had to have reached your 18th birthday, not Binary Options trading sites are going to allow you to sign up and start trading at their sites until you are at least 18 years of age. There are several different online Binary Options trading platforms available, each one will be tailored to your experience in trading online, the most basic platform offers a very easy to use structure whilst some of the most advanced ones boast lots of additional features allowing users to tailor their own unique trading strategies. You are also going to find mobile trading platforms are on offer which will be compatible with most mobile phones and tablet devices. You will have no problems what so ever if you chose to become a trader at any of our featured Binary Options trading sites in regards to you being able to access and utilize a demo trading account. You will be able to use that demo trading account to place all manner of risk free trades in the real money environment however all profits and losses when using a demo trading account with be in demo credits! It can often be a case of as soon as you have made a qualifying deposit into a Binary Options trading site account that your bonus is going to be added to your account at the very same time, however all Binary Options trading sites will possibly have one of several different ways of crediting to you our new customer sign up welcome bonus and whilst some are automatically added other may need to get manually credited to your account or you may have to claim them separately, so always check the site you are a customer of for details of how to claim and get your Binary Options bonuses credited to your account. You will be paid usually within 24 to 48 hours of you requesting a cash out form any of our featured Binary Options Brokers, but do be aware there are lots of other broking sites available online and those other sites can take weeks and occasionally months to pay you your cash outs so stick to those listed don our website to ensure you get paid rapidly and on time every single time you cash out! You will find Binary Options Broking site trading platforms have been made as easy to use as is possible, and in fact as you can sign up and start to use them via a demo trading account you will be able to put them fully through their paces before you invest any real money and start trading for real. Please do test out several different trading platforms for whilst they are certainly not difficult to use what you will find is some of them have more advanced features attached to them which you may find very helpful and handy. You can have as many Binary Options trades open and in play at any time as you see fit, none of our listed Binary Options Broker place any limits what so every on just how many open trades any of their clients can have now do they have just a limited number of available trading options, and that means you will always be able to find the trades you are looking to place and can place as many of them as you wish. You will be able to use debit and credit cards, Western Union and a whole host of different types of web wallets to both send funds into a Binary Options trading site account and also make withdrawals from such a site. Trading Binary Options in Nigeria is not illegal and as such you are free to place as many of them or as few of them as you see fit! The only way that you are going to be able to truly master making repeated profitable winning trades is through experience. With that in mind you should always be aware of any breaking news stories and keep abreast of all of the current business and financial news stories, and also be prepared to act instantly once you spot a profitable trade!