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HOW TO TRADE
TRADE BINARY OPTIONS WITH US
Binary options are an instrument of financial investment that allows investors to profit from the fluctuations in the price of underlying assets traded on the stock market. The name “Binary” options originates from the notion that the payoff is either all or nothing, implying that when a correct prediction is made the investor receives up to 85% of the profit and if an incorrect prediction is made the investor loses what was originally invested. At ASKoption, you have the priority of receiving a bonus from a part of your investment in any event.
Binary options trade differs from traditional trading in the fact that investors do not actually purchase or possess physical stock, but speculate on the price of an asset, whether its price will increase or decrease within a particular time frame. Also, binary option trades are extremely fast and last between 30 seconds-10 minutes and longer, implying that traders do not have to wait to view a return on their initial investment.
It is important to understand that the process of trading binary options is extremely simple and one does not have to possess much knowledge of microeconomics, macroeconomics or finance to engage in this type of trading.
Step 1: Choose an underlying asset
Step 2: Choose a time frame (30 seconds to 60 minutes)
Step 3: Determine the amount of money you are willing to invest and proportionally the amount of money you would like to earn.
Step 4: Make a prediction (“Call”- rise- or “Put” – fall- positions, depending on which way you think the asset will move-above or below the price the given asset has at the time of entering the trade). This entry price is known as a “Strike Price”.
Eg. You buy a “call” option EUR/USD at the strike price of 1.05 per USD and choose a time frame of 60 seconds. If in 60 seconds the price of this option rises, you will receive a return on your investment.
Binary options offer a huge amount of benefits to their investors. Among these benefits are:
• Clarity -> you know exactly how much you gain or lose before a trade is made and you are able to gain extremely high returns very quickly compared with other forms of stock market trading.
• Speed -> investments are short-term and you do not have to wait for days, weeks, years to see a result.
• Affordability -> you can make very small deposits ($250) and begin trading with as little as $25.
• Low risk level -> you know your risk level before a trade begins, which allows you to manage your money and the risk with your investments.
• Simplicity -> anyone can learn to trade binary options regardless of experience and this can be done by simply having internet access.
At ASKoption a lot of resources are being spent on innovation and the training of our employees. If you are in doubt about what to do with your money, you can just trust one of our extremely experienced staff and they can help you make the right decision!