What are the Best Binary Options

Published:13 January 2016 Updated:4 January 2024

A newcomer taking his first steps in the market binary options it’s hard enough to choose the best one strategy trades. Even find the differences between a classic option and a paired option, not to mention binary options like “Ladder” or “60 seconds“It is quite difficult for an inexperienced player. Let’s look at the main types of binary options and try to determine their positive and negative sides. Of course, it is up to the user to decide which binary option is better, but without a certain minimum of information, it is quite difficult to do.

What are the Best Binary Options

Options type “Pairs Binary” (paired, classic binary options)

This type of trading transaction is similar in form to the usual “forex“- transactions where currency pairs are traded. However, in terms of the trading mechanism, a paired option is more like a bet when one of the players bets on the increase/decrease in the value of one particular currency unit to another. And the bet is made for a certain period from one day and more. And the objects traded in the binary options market have a wide range of nomenclature, from traditional currency pairs to shares of companies and other highly liquid products. The most typical example of a binary trade is a daily forecast of fluctuations in the share price of such IT giants as Yandex and Google. A Russian patriot predicts the growth of a unit of Russian company assets.

What can be the results at the end of the trading session (betting period)?

Consider different options:

  • Google shares will increase their attractiveness and rise by 5%, while Yandex will improve its position by only 3% – the result is a loss;
  • “Google” improved its position by 5%, while “Yandex” collapsed by 3% – the result is a loss;
  • If Google shares fall by 5% and Yandex securities rise by 1% the win is obvious;
  • even in the case of a fall in the value of the shares of both companies, but in the ratio – “Google” fell to 5%, and “Yandex” only 1% player is the winner.

As can be seen from these four examples, the absolute value of the value of the fall or rise of stocks is not important – the main thing, in the case of predicting the rise of any subject of a binary pair, that the algebraic sum of the rise-fall has a positive dynamics.

Not so long ago transactions with simultaneous fall in the value of assets (precious metals, oil, currencies, shares) of a binary pair were considered rather exotic. Today, with sufficient development of the binary options market, the transactions with negative dynamics of exchange rate values are considered quite acceptable and have a growing number of supporters, who found their niche in the stagnation of the global financial market.

As statistics and analysis of brokers Pairs Binary options (“Pairs Binary”) shows, the profitability of successful players can reach 300%, which significantly exceeds the level of classic transactions.

Option “Stairs” – a contender for the leadership

The best binary option - ladder

Binary options such as “Ladders binary” (“Ladders”) are in fact a modified, more “advanced” version of the “One touch”, which, according to most experienced traders, is more profitable and has less risk, even in the case of a wrong choice of the direction of the rate value of traded assets.

The mechanics of the binary option “Ladders binary” is quite simple.

Let’s take a step-by-step look at her scheme:

  • broker or an individual player opens several contacts at an equal distance, following one another;
  • The triggering of each level should bring the trader a certain profit;
  • each subsequent contract brings a higher percentage of profit (the theoretical total level of profit can exceed 1000%).

The difficulty of this type of binary options for novice traders is that they must be able to predict the behavior of the exchange value of assets not for one step, but for a fairly distant future.

Let’s consider trading on the basis of the “sweet couple” – EUR/USDThe most frequently traded assets.

Forecast – decrease, the transaction is concluded at three levels. Let’s assume that the forecast of the fluctuation pattern of the exchange rate value has the form:

  • the first contract – the price will fall to 1.320 – when the price of the EUR/USD pair reaches this level, the profit will be 200%;
  • The second contract provides for a fall in price to the level of 1.315 and if this prediction is confirmed, the profit will increase to 300%;
  • another drop to 1,310 on the third level would increase the gain to 400%.

The advantage of this method is that 200% profit will be obtained if the strike level is less than 1.320, regardless of the further probability of price increase of the binary pair.

Advantages of various binary options

Best binary options

To advise a beginning trader is a thankless task. The trader on the binary options market, accustomed to the “classics”, considers his own method of making deals optimal and will foam at the mouth to prove its prospects. Everyone chooses the best binary option for himself, and this article is not for advertising or propaganda purposes, but can only be regarded as a source of additional information about different techniques and technologies of working on the binary options market.

If you have decided to try your hand at trading binary options, then make sure to use Binary options brokers rating.

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Reviews

  • Traders go to trade binary options only because you can open very short trades, this is a big plus, so the bulk of traders trade on timeframes of 60 seconds.

    Reply to a review
    • tolik 17 January 2016 at 19:27

      I like M5 better on the contrary. Opening a trade for 1 minute is the same as playing casino. There are a lot of errors.

  • I am very worried about the phrase “It is a thankless task to advise a novice trader”. What is the purpose of the article? It is written for beginners. It turns out that only confusion comes out? A beginner will rush for profit. And the offer of 1000% is the sweetest, but it is also complicated, so maybe beginners don’t need it?

    Reply to a review
    • Boris Karpov 14 January 2016 at 13:42

      Denis, the thing is that if you give advice to a newcomer, you may incur his wrath if he makes losing trades. Before you start working, you need to be well prepared and choose the strategy that will suit you!

    • Kris Do 17 January 2016 at 09:15

      The right words. Beginners want everything at once, and this does not happen. You should at least study what you are going to do and make your own conclusions, and not count on the fact that you have read the material and are already in the chocolate. You should choose your own strategy.

    • elena zadorojneak 8 March 2016 at 23:49

      It’s not just about choice, it’s about application. If you are misunderstood, you will become an enemy of the people, and who needs that? You can give advice, you can just tell it like it is, and let everyone decide for themselves. To strongly advise, there is definitely no sense in it.

    • elena zadorojneak 8 March 2016 at 23:47

      Clearly a conflict of opinions in one sentence, but that’s just the way it is. Some beginners take the received information as an opinion, then learn other opinions and make some conclusions of their own. That’s when it is necessary and possible to trade, when conclusions are made and not before. But for beginners who have not understood everything and some of them have misunderstood, it is quite ungrateful to advise them….

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