Binary Options trading is advantageous as IT offers certain features not provided for in traditional trading. As a reminder Binary Options trading is gathering your information and taking a position on the near future price on the way the particular assets will move at a fixed price which is set in advance. The trader knows exactly what his profits and losses will be before he purchases his option and is therefore managing his risk. The markets can only go one of two way i.e. up or down, which gives the trader a good chance of making high returns.
Here are some of the advantages of Binary Options compared to the traditional Options:
- Zero Tax: Binary Options do not get charged capital gains tax and stamp duty. Binary options Traders therefore make a considerable saving. Liability tax is also precluded allowing Binary Option traders more freedom. The reason they are exempt from all taxes is that Binary Options are thought of as gambling ie guessing the movement of assets up or down.
- Flexibility: due to the flexibility of Binary Options traders can rid or hedge themselves of options before the closing time if they see their predictions going the wrong way. Binary Options continue 24/7 giving traders lots of opportunities to make their initial investment work for them.
- Zero margins or broker commissions: Binary Option Traders save allot of money from this. All this money that would usually go to your broker now can be used to trade. The broker makes his money by offering the spread and therefore does not take any commissions. Margins are non existent as the bests are fixed risks.
- Instant win: Binary Options closing times range from 5 mins to 1 month. Day traders therefore love this form of trading. This enables a day trader to make consistent earnings from multiple trades. This is instant win, no more waiting for months to claim a winning.
- Portfolio Diversity: Binary Options allows the trader to trade on many different kinds of assets where traditional instruments only allow one to trade on the applicable markets. This brings a whole new aspect to trading with a diversified portfolio and it is much less limiting.
It’s that easy!!
A platform that one can trade on for a relatively small amount has started a craze amongst traders around the globe. The payouts are fixed and all the risks are blatantly obvious and transparent making Binary Options so easy to trade. There are short closing times which allows traders to collect as soon as the trade is over. The waiting game of days gone by is over. Its simple to use and really profitable if one takes advantages of strategies and tips.
The fact that Binary Options are so simple is the trick to its success. All a trader needs to do is predict the direction of an asset of which he has a diversity of options. This gives the trader the flexibility and freedom to trade at his whim and do his own research. All one needs to do is predict the direction of the asset ie up or down. Novice traders are following the promise shown by the experienced traders of extremely high profits. Experts are finding Binary Options much easier than what they were used to. There are fantastic platforms available now which makes ones job allot easier. There are no commissions or hidden costs making this form of trading even more popular.
Binary Options also have a low risk high return draw card. The trader has zero obligations to buy or sell the option he has purchased. Returns are predetermined irrespective of the outcomes. A trader knows his profit and loss before his purchase. If the direction moves in the right direction the trader get a big percentage payout and even if he predicts wrong he still gets a percentage return of his investment. A trader enjoys instant wins and a limited initial investment, which makes things even more attractive. The returns are astounding! Traders also receive these returns immediately as the option closes, which he can use to trade more..
One does however need to look at this as a business to make money and not another get rich quick scheme.
We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!
Between 74-89 % of retail investor accounts lose money when trading CFDs