What’s the most important thing to think of in binary trading?

In order to become really successful in trading, you will need more than just luck. One thing that I have noticed about trading binary options is that the less that you now, the more you are gambling. Think about it, if you don’t know anything at all about the stock you are investing in, you leave it all to chance whether you will win or not. Since there are only two options in a Binary Option trade, you’re chances are roughly 50/50 of winning. This means that it’s really not that different from playing on red or black on the roulette table. On the other hand, the more you know of a certain asset, the more accurate your predictions will be, and the higher the chance of you making profit off your trades will be!

I’m sure you already knew this – that you have to be knowledgeable in order to make it in the trading world, but is that the only thing that really matters? Well, it will take you along way, but there is one thing that is almost as important, that you should not overlook: The importance of choosing a broker that you can benefit from. Many things are often overlooked when people are choosing their brokers and here are the two things that I think are the most important apart from obvious ones like licensing and security:

Assets: You will need a broker that can offer you a wide range of different assets that you can invest in. This is commonly overlooked by beginners, as it’s not of much importance when you are first starting out. However, you will soon realize that there is a lot to gain from trading at a broker with a large range of assets. If you get tipped of on a certain asset and want to invest in it, it can be really annoying to find out that particular asset is not represented on your broker. Therefore, go for a broker that offers trades on many assets. A good option would be 24 Option which has over 100 assets available on their trading platform!

Educational Centers: One thing that is important to remember is that you never get fully taught when it comes to binary trading. Because of this, I would strongly suggest that you play at a broker that has some form of educational center. As you have made some progress and start getting a bit of success,it’s easy to start thinking that you know everything you need to know, and stop reading guides and such, and just keep trading. This is often a very bad idea, and also the reason why so many traders fail after their initial success. I would recommend sites such as Optionfair,which has an extensive section of informative guides and strategies.

Easy Forex vs. Markets.com

When you’ve been around on the Forex scene for a while you start to get an idea of which brokers are the best and which ones you shuold avoid. There are indeed several very god brokers out on the internet today, and also a lot of bad ones, but in this article I want to focus on the good one. In terms of popularity, you can say there are about 5-6 different brokers that are really popular these days, that probably share over 70% of all the traders. In this article I wanted to compare my two favorite brokers, both of which are part of these big 5-6 names.

In one corner, we have markets.com, that have become one of the abolsute top brokers in the world in a fairly short period of time, thanks to a really aggressive marketing strategy and a well thought out concept. They offer both forex trading, as well as binary trading through their sister site Top Option. The first thing you will probably notice when youv isit the markets.com website is that new traders are eligible to up to $2000 in bonus, which is easily one of the best offers out on the market today. The website looks very modern, and you sort of get this feeling when you visit them that “this is the real deal”. At least that’s what I thought when I was new to fore trading and I started to look into it. They have got a very fast and reliable trading platform combining the ever so popular MetaTrader platform with Sirix Web Trader as well as their own multi platform.

The other giant in the forex trading industry is Easy Forex, which has been around for a long time to build it’s reputation as the number one forex trading website in the world. One really good thing about Easy-Forex is that they accept players from the United States. What i’ve always liked about this broker is the fact that they have put a lot of effort in to building an education center, where new traders can learn the strategies and foundations that they need in order to expand their skillset. Easy Forex also offers new depositors a big 50% bonus when they make their first deposit at the website, meaning that you can actually save a lot of money by starting of with a large deposit.

All in all, I find it hard to choose a favorite among these two brokers. They’re both very well regarded in the industry, and they are probably pretty equal in all fields. I guess I would maybe recommend beginners to EasyForex as it has such a good educational centers. Experienced traders might gain from joining markets.com as they offer four different trading platforms which is a huge advantage for professional traders!