Binary trading seem to be on an unstoppable rise in popularity, and people from all around the world are getting in on this new and exciting form of trading everyday. What’s so good about binary options, in my opinion, is that you can start trading without any real knowlegde of any sort of financial stuff. Binary trading can be learned in just a couple of minutes, although it will take plenty of time to actually master. I think, however, that as long as you start of small, you can start investing straight away. Just make sure to read a quick guide on how you actually execute binary trades, as it doesn’t work in the same way as for example Forex Trading.
Okay, so you’re probably new to binary trading if you are reading this article. Being new to something, things can always get a little bit confusing so it’s important not to rush important things such as your choice of broker. Keep in mind that binary trading is really starting to take off properly now, meaning that there are new brokers entering the market all the time. However, all of these online brokers are not equally good, and you don’t really want to risk starting off at a really bad broker. Two of my favorite brokers, that are both reliable and safe, are listed below:
Anyoption is an online broker that was in early on the scene, and has become extremely popular on the European market. They started out in 2008, meaning that they have a great deal of experience behind them, making them an excellent choice for beginners. At anyoption you can also find a section for education, which is perfect. Here, new traders get the opportunity to learn the basics in an efficient way. They offer over 60 assets that you can choose from, and although new traders might not have much use for them when they first start off, it is sure to be of more interest once you have gained some experience.
Another great broker that I found on a website called binaryoptions.pm, is Stockpair. Stockpair is an international broker that have the benefit of accepting American traders. Stockpair is an established binary broker with a ton of experience in finance, meaning that new players can get all the help they might need from their customer service team. Just like the site I described above, Stockpair also offers a great education section where you can learn everything there is t know about binary options.
Another good broker that I recently found at a binary portal called binaryoptions.pm, is TraderXP which is a binary broker with a ton of experience, which makes it a great place for experienced traders. Offering over 80 types of assets, they are sure to meet the requirements of even the most serious traders looking for obscure investments in uncommon assets. New traders can start an account with $200 and will be rewarded with a 30% deposit bonus after making their first deposit.
These are just a few of the many brokers that I would suggest you start up an account with. After you have used up your bonus at a few of them, you can always pick out your favorites and later leave the brokers that you don’t like!