BinaryOptionsNow - Both amateur and professional traders are increasingly investing in online binary options – also known as digital options. Most of these traders have come to realize that binary options represent a potential source of lucrative investments when properly executed.
With returns up to 81% in 15 minutes, very few financial instruments can offer the return that binary options propose; of course keep in mind that, as with any type of financial investing, you do run the risk of losing your initial investment.
In this article, we will analyze three advantages of establishing a trading account with one of the trusted binary options brokers on the online market today.
1) The right to be wrong
Most beginning binary options traders open a free demo trading account credited with $500 – $50,000 – depending on the broker – which enables them to experiment with binary options 100% risk-free.
This is the perfect way to take all the risks and discover the various types of binary options with the potential profits that one can achieve.
2) Insight from the pros
Almost all online brokers provide helpful educational content in order to give you a window into the binary options trading world. Videos, graphics, and even free live chats with analysts are available to you so that you can have a comprehensive understanding of binary options. Some brokers like OptionBit even allow you to monitor the decisions and positions of professional traders in realtime so you can base your trades on theirs.
3) Profitable returns
As mentioned in the introduction, the whole purpose of binary options lies both in their simplicity and in their strong profit potential. The returns can easily reach 81% and, with a standard digital option, you automatically have a one in two probability of executing a profitable trade.
Moreover, once a trader becomes comfortable trading Up/Down or Above/Below binary options, he or she can venture into even more profitable “touch” binary options which can pay out up to 500%!
Binary options brokers also make it easy for you to get started by allowing you to fund your trading account – should you decide to trade using real money – using a credit card, Paypal/Moneybookers or a wire transfer.
So, if you think binary options might be for you, create a free binary options trading account today with a trusted online broker.