The first step is to educate yourself on binary options trading by learning the specifics of how it works as well as familiarizing yourself with the different assets and indexes you have the ability to trade. This will help you narrow down where you feel comfortable trading, and from that point you can focus on those individual assets or indexes and soak up as much knowledge as you can about all their intricacies as well as current market conditions and trends. Once you feel you have enough knowledge to begin making trades with confidence, the next step is to make a list of brokers youre considering doing business with and then comparing them to see which one is the best fit for you. This can be accomplished by knowing exactly what is important to you in a broker whether it is training, a user-friendly platform, broad selections of markets or indexes, or certain trading minimums and or maximums and reviewing what each of the ones on your list has to offer. Then make your selection accordingly. Once you have selected a broker with which you feel comfortable trading, the next step is to register with that broker and set up and fund a trading account. Signing up with a broker should be free, and a trading account depending on your broker can be funded with as little as 100. Most broker sites are good about walking you step-by-step through the sign-up and funding process, and many offer live chat or phone assistance if you get stuck at any point. Once you are registered with a broker and your account is funded, you can start trading live. This is done through your brokers trading platform. Once you log in, you will be able to select a financial asset to trade, choose the direction in which you think it will move, review the strike price and expiry time or date, decide for how much you want to purchase the call or put, and then execute your order. From that point, its a simple waiting game from the time of your purchase until the expiry time to see if your asset landed in the money (meaning above the strike price for calls or below it for puts).There is risk inherent in any type of asset trading. This includes both traditional trading and options trading, including binary options. It is difficult to quantify which type of training carries more inherent risk however, what can be put forth with certainty is that the types of risks involved with each type of trading are different. Traditional asset trading can be very risky in that they frequently involve leveraged products. This means that a trader has the potential to lose even more money potentially by a large amount than what he laid out to begin with. With binary options trading, this is not an issue. Because youre simply making an educated bet as to which direction the price of an asset will move, and youre spending a fixed amount of money on that bet, you will never lose any more on a trade than the amount of your bet. With that said, its also important to keep in mind that with traditional trading, there are degrees of losses, so if an asset on which you take a long position only declines a small amount in price, you as a trader do not lose a large percentage of your investment. In contrast, with binary options trading, a losing trade is tantamount to a total loss. Some brokers will mitigate this loss by giving you a small percentage of your money back usually between 10 and 20 percent on a bad trade however, the ones that do this almost invariably compensate for it on their end by paying out less on winning trades. It is a matter of personal preference whether or not you feel it is worth it to accept less money on winners in exchange for not forfeiting your entire trade amount in the case of a loser. Finally, it is worth noting that in any type of trading action, be it traditional or options, the amount of inherent risk is inversely proportional with the skill, knowledge, experience, and prudence of the trader. The best way to minimize your risk of loss permanently and in any market condition is to become a true student of trading and to never stop perfecting your craft.Hello friends ... my relationship with Iq option began like this: Gain some money with a website that pays me to click on ads ... and one day I saw an ad of iq option and became interested.I started like everyone else ... I came to open 2 Demo accounts ... sank the two I remember that there were still tournaments ... good those times In a third attempt got to do more than 7,000 profit ... so I figured it was time to open a real account.Made an investment of 250.00 plus a bonus of 100 ... 500.00 ... without much knowledge of what was the turnover ... only I understood when I tried my first serveAfter much sweat, tears, get a taste of total bankruptcy throat, almost suffering a stroke and dry swallow several times ... I got here with my 2200.00 ...Im a little disappointed with the withdrawals because they are taking too long ... so when are not canceled and I have to make the request again...Hi there.I have registered two days ago woth IQoption with demo account. For now everything is going ok. what I am afraid of is the changing when I turn to a real account.So I want to make sure that there is no different between demo and real account.Any answer from people who tried that.ThanksThe following brokers are non scam brokers because they all have a license and are regulated by CySEC: 10Trade,365Trading, AnyOption, Dragon Options, ETX Capital,EZTrader, GrandOption, Interactive Option,Opteck, OptionFair, OptionStars, OptionTime, OptionBit,OptionWeb, OptionsClick, StockPair,TraderWorld and ZoomTrader.Most brokers offer some type of trading signals to their clients. There are a few brokers who actually have trading signals software. Click here to read about Signal Index from GOptions. 24Option offer trading signals inside their platform, see here. BancDeBinary has a signal software for traders to use, see here.
