No1BinaryOptions, The Most Trusted Binary Options & Crypto Brokers
Thank you for visiting No1 Binary Options. We are a team of former traders, and we’ve spend some time to test and review the most reputed and secured binary trading brokers on the planet in an honest manner. Why No1BinaryOptions :
We ONLY list and approve the best binary and cryptocurrency platforms with guaranteed fast payouts or withdrawals.
We give priority to fully regulated brokers with funds in segregated bank accounts.
We list all scams or blacklisted brokers.
We help all traders with any issue with platforms. We highly encourage you to fill out a complaint form.
We publish FREE weekly technical analysis with trade recommendations.
Top 3 Online Brokers in 2022
At No1BinaryOptions we offer binary options reviews about the most trusted platforms to help you to choose the broker that suits your best since 2015.
Our financial analysts provide free trading alerts on a daily basis which could be very helpful for a trader to activate trades.
Furthermore we recommend read our binary options trading guide strategies articles to maximize your profits and minimize losses.
What is binary options?
Binary options is a popular financial instrument around the world which allow investors to place a trade on whether the price of an asset will go up or down ( CALL/PUT ) with a fixed payout, by a defined future time ( 60 seconds, 1 hour, 1 month,..). If your prediction is right you usually get around 85% payouts from the broker ( e.g.: if you invest $100 on the EUR/USD pair , you will receive $185 on that successful trade ).
Please note than binary options trading is considered a complex product of high risk , with the loss of your investment if your prediction is wrong.
However with a good money and risk management ( e.g: limit your risk per trade to fixed percentage, only invest money that you can afford to lose ) you can minimise your loses in your investments.
Binary options trading and Forex – What’s the difference?
Traders and people in general tend to believe that binary options trading is different to forex.
So how is binary different to forex
Forex trading requires a lot of skill and a deep knowledge of the financial instruments, not to forget a clear idea on the technical jargon that is used. Unlike forex, binary options differs from the fact that only a basic knowledge is required, which can be gained by keeping oneself updated on the daily business and financial market news. Given the fact that trading binary is purely driven by speculation on where the markets end up, this also makes it simple in terms of regulatory environments.
So let’s take a look at the differences between forex and binary options trading.
Binary trading requires no dowload
Unlike forex, binary trading can be done directly from your web browser when you sign up with any of the brokers. This eliminates the need for traders to download the trading platform and deal with other compatibility issues. What’s more, even if you own a Mac or any linux based operating system, you can trade binary options directly from the web.
Higher Payouts than Forex
The payouts are higher than Forex. You can get up to 90% payout with some brokers.
Binary options for small investors
In forex, you can open a trading account for as little as $1. These are known as micro accounts, but the problem is that with such a low capital, there aren’t many choices to trade forex as it usually requires higher capital and margin requirements. You can choose binary brokers with just a minimum deposit of $10 to get started which in most cases is more than enough to give you a fair shot at making profits.
Friendly trading platforms to investors
Binary trading offers the unique advantage of being user friendly to investors. Unlike forex, where you need to learn on things such as CFD trading for stocks and so on, with binary options trading, traders can trade on just about every instrument. From forex currency pairs to company stocks, metals such as Gold, Silver and so on. No matter what asset you wish to trade, the basic outline remains the same, which is to either place a CALL or a PUT option on a particular trade.
To conclude, binary and forex trading are pretty much the same except for some differences that make them unique. For both instruments is required to have a basic understanding of how the markets work and what moves the prices of the assets that you are trading.
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