What Are The Difference Between Binary Options And Forex – Which Is Better Than?
The number of traders involved in trading binary options Increases gradually. They start trading new market currencies, stocks and other financial instruments as well as more experienced traders who trade the Forex currency pairs. What is the secret of such enormous popularity of options and are they better than trading Forex?
Here, everything is clear – binary options trade is much easier than even currency pairs.
The simplicity of binary options is that here you do not need to study the literature, to cram a lot of terms, to develop permanent settlements with the margin, the most greatest subsidence, download deposit, calculate the risk. Set stop-loss, watch the new transaction and in any case, at the right time just throw the deal in a stop-loss. It’s not necessary to learn everything, you can just learn the trend learn the basics of them.
That’s why you do not sit and manage the transaction from its’ beginning to the end, but just click a button and expect to close the option. Price fluctuations are not important at all, and are independent of pips, which was the price. As at the Forex market your income is directly dependent on the pips, here it is not so important, if the price rose or not, you definitely will get 70% of their profits. This is a very significant advantage in trade, and many traders working on the Forex, switched to binary options.
The simplicity and functionality of the binary options make it possible to earn some good money. Even those who did not have a clue as to what and how to earn at the Forex market, or any other – already have a 50% success rate! But if you do learn the very basics of trading, follow all the news and choose the right tools, you’ll have about 99% success rate!
Do not put off studying binary options for tomorrow. Learn now and start earning. You will realize that this is easier than you think!
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