Binary Options is a relatively new but a very popular financial instrument. After appearing on the stage Binary Options immediately became commonly known and sought after. Why did it happen and what they have surpassed in the classic ways of trading on the currency and stock markets? So let us tell you about the advantages and disadvantages of trading on binary options.
Advantages of Binary Options:
It is true. In one place you can trade around the clock due to the fact that among the underlying Binary Option assets there are all trading sessions – Pacific, American, European and Asian. So when America is sleeping and the Exchange is resting you can trade on the Asian trading session.
Only numbers will speak here: 70% of the profits for 60 seconds, 5 minutes, 10 minutes, 15 minutes, an hour, a day, week or month! Such a high income interested all traders on common markets where the average yield is 100% per annum. With Binary Options it can be done in just one day.
A variety of assets
This is one of the most important components of Binary Options trading success. If on the stock market one can only buy stocks, indexes and securities, on the foreign exchange market – currency, on the commodity market – products, then Binary Options brokers can sell you the underlying asset at all these kinds at once. Due to the variety, convenience and simplicity even a child can buy a binary stock option of the world largest companies.
If you’ve ever bought stock or products you know the high rate of commissions that can be at purchase. All expenses related to the purchase can significantly reduce the income from investment. Trading Binary Options no commission is charged.
The whole system of Binary Options is extremely simple. This makes the system accessible and understandable for everyone, even for novices. That is why so many classic investors and traders are moving on to trading Binary Options.
Office? Get up at 5 in the morning? Go out in any weather? Standing in a traffic jam? Warm up the car?
Trading Binary Options you can get rid of it all. You can get up when it is convenient to you and by the way to do it anywhere in the world, the main thing is the Internet access. Free schedule, total self-control and no bothering bosses! This way of life is the dream of many people, and more people have already realized themselves that way. For example Binary Options trading is surfers’ favorite work as this work allows them to do what they love all day and earn just over an hour!
Disadvantages of Binary Options:
And cons of Binary Option trading can only come from the pros. The wide availability and attractiveness of well-known companies to buy shares allows inexperienced or disassemble people who do not even use the binary option analysis and simply perceive trade as a game to make transactions. Subsequently these people lose money and respond negatively about Binary Options. However, trading on the stock exchanges has already become a so-called ancient occupation which enriches the very large number of participants.
The most important thing here – to avoid numerous scammers and strictly follow the instructions. Possess your mind and do not count on immediate profit.
That’s all for now. Got any questions? Just ask the expert!