What are binary options and how to use them?
A binary option is a very simple trading tool that involves only two options – losing or winning.
A binary option is a very simple trading tool that involves only two options – losing or winning. Because of this duality, they received a second name – twofold. Like any other options, binary options are derivative trading instruments. They can be used in any market. What makes trading more accessible and easier for everyone. Sell binary options brokers, so it is necessary that one of them you have an account.
To make a profit when trading binary options, it is important to know the direction in which the market is moving. This requires a small investment. The volume of these investments is the price you pay for the options. When there is a purchase of binary options you need to decide how much investment you are willing to spend on it. As for the final payment, it depends on the value of the asset at the moment or when the option expires. An option payout is a certain amount of money that you can win if the option itself wins.
As you understand the binary option is the amount of money that can get the investor after successful negotiations, which stipulate on what time and conditions they will agree. If success comes, then the option brings the previously known investor income. And when there is some failure, he is accordingly ready to lose a certain amount. Therefore, before you try yourself in binary options, study in advance their direction and the scheme of multiplying your funds.