Binary Options without Investment and Risk

Published:3 December 2018 Updated:4 January 2024

Binary options – is one of the most common types of online trading today, which allows you to earn unlimited income by trading various assets (currencies, stocks, commodities, cryptocurrencies, etc.). This has made options an unusually popular type of remote earning money, which, unlike forex tradingat stock market etc., has a simpler working principle. In order to get your first income in as little as 60 seconds, you only need to select an asset, specify expiry dateThe results of the trading are waiting for the results of the trading.


And yet, traders, trading binary optionsThe financial markets are not a game and not a casino, and there are a lot of risks that can lead to significant losses of money. Such risks include:

  • Market risks

Such risks concern the uncertainty of the financial market. As all traders know, the market is always dynamic, its trends change depending on some external factors. The trader’s task is to determine these factors, to use with indicator signals, analysts’ forecasts, etc. But sometimes even taking these data into consideration when analyzing the market is not enough – the quotes may change their direction sharply for no apparent reason, and this will lead to losses. It is necessary to remember that even the most thorough analysis cannot guarantee the correct prediction of the price movement at 100%. In this case, the less experience the trader has, the less he understands the market, the more this market risk will be for him.

  • Fixed income and limited profit

When placing a trade, the trader knows in advance the percentage of payment in case of a positive outcome of the trade – this is also the difference of the binary market. However, the size of these payments cannot be more than the established indicator and it cannot be influenced, because it is initially set by the broker, which creates a certain limitation in the receipt of income from the trade of one transaction. Here it is worth to remember that losses in binary trading are also limited and a trader cannot lose more than what is specified in the system. Traders have to try different strategies and trading styles to cut the losses so as to increase their earnings.

  • The illiquidity of binary options

Binary options cannot be called liquid, they cannot be closed at will if during trading it becomes clear that the price dynamics has gone in the opposite direction to the forecast of the trader. This leads to additional losses, and until the moment when the deal is not closed, the trader will not be able to do anything with it, – not to close, not to stop the trade.

  • Lack of ownership of options

Binary options traded by traders in the broker’s platform are only a bet with an indication of the possible dynamics of the asset. Traders do not have any ownership rights to the asset they trade and which brings them income, and this has both positive (easy work, no need for paperwork, etc.) and negative aspects (you cannot dispose of such assets, earn money from them, etc.). Most often market players, of course, do not think about it, omit this issue for themselves, but such a feature of binary options cannot help but alarm them.

  • Problems with market regulation

The binary options market has no clear centralized regulation (as is the case, for example, with sports betting projects) and this leads to unfortunate consequences: even after a fraudster is identified in the market, who has cheated more than one client, he still continues to work. As traders know, there are regulated brokers on the market and those companies that operate without a license. They actively advertise and attract clients. Of course, it is more profitable to work with the organization which has more than one serious regulation, is a member of regulating companies, but newcomers of the market do not know about it and choose the broker which offers them the most tempting working conditions. favorable bonuses.

  • Lack of trading experience

In order to receive stable earnings from the binary options market, a trader will need to know its basics, the ability to work with its basic tools, and the correct use of strategy signals. Trading binary options is not a game and it is impossible to earn money just by guessing the price movement. Experienced market players pay much attention to reading of reference materials, articles, books, take thematic courses. Newbies while getting acquainted with the opportunities of options, think only about the fast profit and do not understand that the dynamics of assets is influenced by a number of factors and this needs to be taken into account in the work.

  • Risks of losing money

This is the main risk faced by a trader working with financial markets, including binary options. Transferring money to the broker’s account, he hopes to increase the size of his capital, but the risks described above complicate the results of his work, making it difficult to achieve a stable income. It is worth realizing that in trading, losses are inevitable and losses will always happen regardless of the player’s experience. The main task here is to increase the percentage of profit over loss. In this player will help profitable strategies, indicator signals, forecasts broker analysts, etc.

Binary options without investment

And yet, despite the fact that binary options have a lot of risks, they, thanks to the available trading, have become incredibly popular among modern traders. This is understandable: who wouldn’t want to earn real money making remote money on the Internet? Working from home is especially popular today and binary options are one of the ways to make money. One of the advantages of binary options also lies in the fact that they allow you to start earning real money without investing personal capital of traders and we will talk about this in our article.

Not all traders know that binary options is a great opportunity to start in one of the most profitable types of trading without investing personal funds at all. This will allow them not to risk their money while trading, save it, but still get real income from the real market.

Is it possible in binary options? Yes, some brokers of binary options do offer different options of trading without investing personal capital with the possibility to earn real money. Knowing about such options, traders can start in the market at the broker’s expense, get real money and even increase their number on the deposit while trading. In addition, such offers will allow the user to lead “free” from worries and fears of trading, save the capital and profitable start on the real market without risking your money. It certainly sounds tempting and appealing, so in this part of the article we will talk about real ways to make money on binary options without investing money.

Stocks of brokers with a risk-free deal

One of the safe trading options are common risk-free trades, where the broker gives the trader money back in the event of a loss. If the trader’s transaction resulted in a loss, the broker will return the money to the trader. Often brokers have a “lossless trading day” promotion, when all losses during the trading day are returned to the trader’s account. Such offers are beneficial for the user, they allow him to try his forces in trading without the risk of loss, help to save capital from serious losses, the player will get an additional chance to earn money.

  • Traders tournaments

Some brokers often offer clients to participate in tournaments aimed at a different audience of traders, including players, working on a demo account. As a prize here are usually offered valuable prizes, training on courses of the broker or real money, which, according to the conditions of the tournament, can be withdrawn to a card or invested in trading on the platform. Some tournaments do not require any money for a demo account, meaning they are absolutely free to participate in, however, the winnings from such tournaments can also be withdrawn to your card or invested in trading on the market. This is also a great way to get started in binary trading without investing your own money. Besides, tournaments also have an advantage in that they allow you to test your experience, practice trading and get real prizes for it.

  • Contests on deposit

Some brokers offer their clients various free contests on a demo account with a drawing of real money prizes. Such contests are profitable for traders, because they help them not only to test their experience, but also to earn money for further work in the market. These funds can also be either withdrawn from the deposit or used for further trading in order to increase earnings. By participating in such contests, players can start their options trading without investing their own funds at all, save them, but work on the broker’s account with real capital, which can be withdrawn from the platform.

  • No deposit bonus

This type of bonus is popular with traders today because it allows them to start trading in the real market without investing their personal capital into the platform and get an opportunity to increase the amount of money. Such bonuses are provided to the trader completely free of charge – that is, to trade in the market, you do not need to fund your account by transferring your money to it. At the same time, the bonus money can be put into trading, increase the amount of capital on the deposit and withdraw the profit in any convenient way for the trader. No deposit bonuses are another opportunity to start trading on the real market without using your own money, which, of course, is beneficial for trader, because it reduces the risk of losing his personal capital.

  • Other broker promotions

There are a number of other broker promotions that also offer their clients to work on the real market without using their own money for that. So, for example, some brokers are ready to transfer bonus money to clients for trading for feedback about the platform, for recommendation of a broker to a friend, for using promo codes, for active work on forums – there are a lot of variants of such promotions in the market and by offering them to clients, companies make work on platforms more interesting and profitable.

In the next part of this article, we will give examples of binary options trading options that are available right now without investing traders’ money. You can take advantage of these offers right now by going to the broker’s website and opening an account with him.

Examples of “Risk-free Deal” promotions

  • Finmax: a risk-free deal

One of the market leaders, broker Finmax, offers its clients a profitable offer for profitable trading without risk. If the trader’s first deal is closed with a loss, the broker will return all the lost money to his account. Such bonus will be a successful start for a trader, will reduce his losses and allow to get an additional chance to earn money from trading.

  • Binarium: insurance of transactions

Binarium broker also offers its clients the option of reimbursing the losses of a number of trades. If the trade resulted in a loss, this money will be refunded to the trader. This advantageous offer is only valid for holders of premium accounts.

  • Grand Capital: a day of risk-free trading

Grand Capital Broker offers its clients an advantageous offer – a whole day of risk-free trading, during which one can trade in the market and, in case of losses, all the money will be returned to the trader’s account. This is a convenient option for beginners in the market, who can practice trading, get valuable experience in options trading and not risk their money. And it is only once a month during each calendar month that a trader can take advantage of this promotion; all he has to do is to choose the day with unsuccessful trades and all his losses will be returned to his account in the form of a bonus. This bonus can be withdrawn from the platform after it is worked out (when the volume of transactions will be 40 times greater than the bonus amount).

Examples of broker tournaments

  • Finmax: Tournament on Demo Account

One of the popular brokers of the market, Finmax, offers its users to take part in the contest of trading on demo accounts with real money prizes. Any trader of the broker’s platform can join the contest, and participation in the contest is absolutely free. Such contest on a demo account allows traders to get real money without depositing their capital. The money can be withdrawn or used to trade binary options on the broker’s platform.

Examples of deposit contests

  • Grand Capital: Drag Trade

This is one of the interesting contests offered by binary brokers, which takes place on a company’s demo account. The contest is free and there is no need to pay money to join it. The goal of the contest is to determine intraday trading pros. The contest runs on Fridays from 17:00 till 18:00 (terminal time), so traders can prove their skills and professionalism for one hour only and the winner will get a cash prize which can be withdrawn from the platform or used in trading.

  • Alpari: “King of the Mountain”

This broker also offers its traders to get real money from the contest on demo accounts. Participation in the contest is free, and any client of the company can join it. The contest is held weekly and opens new opportunities for traders – not only to test their experience, but also to become the owner of a decent amount of money, which can be withdrawn from the platform. The winner will be the player with the highest percentage of profit (the number of trades and the average transaction value are also taken into account). In addition to cash prizes, the participants who took from 26th to 50th place receive company bonuses.

Examples of “No Deposit Bonus” promotions!

  • Grand Capital: No Deposit Bonus 25%

Attractive offer from Grand Capital broker for platform traders. Without funding the account with their own money, the trader can get bonus funds, which can be used in trading on the real market and withdrawn in any convenient way. This is an opportunity to get a start in trading without using your own capital. To take part in the offer, you need to register on the broker’s website and confirm your phone number. The bonus can be used only once, these funds can be stored on the trader’s account for 6 months.

Other offers of brokers for trading without personal investment

  • Alpari: Alpari Cashback Loyalty Program

The Alpari broker offers a whole loyalty program for its clients who actively work on the company’s platform. On a special bonus account, points can be accumulated and exchanged for real money, and the more points a trader has, the more money he or she will receive. These funds are offered to be used in trading, as well as to withdraw them from the platform. The trader can accumulate points when actively working on a demo account, including by participating in contests on the broker’s demo accounts.

  • Forex Club: The program “Bring a friend and get a cash bonus!

Also an interesting offer, which will allow clients to get real money for recommending a broker to a friend. In order to take part in this promotion, you only need to open an account at the broker’s website, choose a way to recommend the platform to a friend and that’s it – all that is left to do is to wait for him to make a deposit and trade, and the trader will receive his money. These funds can be withdrawn from the system, performed the required number of trading turns.

  • Forex Club: “Bonus Account”

Forex Club offers its clients an interesting accumulation program, which allows them to accumulate points and exchange them for real money that can be used in trading on the market. Each trader when registering gets a bonus account, on which bonuses are accumulated: these are various bonuses from the broker for participation in promotions, special and bonus programs, etc. It is possible to accumulate a sufficient number of bonuses on this account, exchange them for money and put this capital into trading in order to then withdraw profit from the platform.

No initial capital

When trading binary options, a trader can choose a convenient format of work. It is possible to try real trading without investing money, which will allow not to put your own money into trading and not to risk it, but to start working in the real market with the broker’s money: these are bonuses, tournaments, campaigns, which give the winner as a valuable prize real money; they can be withdrawn from the deposit or put into trading in order to increase their number.

Also, some traders find for themselves options of binary options brokers with minimum deposit for start-up trading and it is also a great way to get started. 10$ is enough for such players to work, and they may not participate in any promotions, bonuses, because it imposes an obligation on them to work off the money and can lead not only to winning money, but also to losing it. Promotions and bonuses can be a real trap for a newcomer, because if he is unaware of their conditions, he may not be able to withdraw money at all.

The conditions of bonuses are the first thing a trader should pay attention to. They can be loyal to the client and it will not be difficult for him to fulfill them. However, more often there are promo conditions which are difficult to fulfill even for professional market players, contain rules which cannot be fulfilled at all, they are aimed at making the work of the trader more difficult, making it difficult for him to withdraw his earnings. To avoid such a situation, it is worth to carefully read the terms of work with shares and bonuses, it will save both nerves, time and money. In this part of the article we will demonstrate you what different market brokers usually include in the conditions of bonus usage.

Grand Capital broker offers a lot of interesting bonuses and each of them has conveniently located information about the rules of its use. For example, traders who would like to use “No Deposit Bonus 25$” in their work should remember that there are a lot of conditions that they have to follow in order to work successfully on the platform. The rules rightly say that the participants of the bonus must know the rules of its use, as ignorance of such rules will not be “an argument when filing a claim”:

In case of using this bonus, it is impossible to use other promotions of the broker. If the trader already has a bonus on his account, the “No deposit bonus 25$” will be credited to him only when the first bonus is worked out, i.e. the combination of bonuses is impossible. Also here it is standard to say that funds earned through trading bonus can be withdrawn from the platform only when the necessary trading volume (it is not less than 100 microlots here):

It is worth noting that when using this bonus, trading through an anonymous proxy server is prohibited, because otherwise both the bonus and the profit that the trader received from it will be deducted from the account. The same will be done by the broker in case of fraud, in case of providing wrong documents of the company, so one should be careful when working with bonuses, besides the profit it can lead to big losses, the broker will refuse to serve the trader:

Having studied in detail the conditions of brokers’ bonuses, we can note as a conclusion the following: before using a bonus it is worth to study carefully the rules of working with them, which are usually available on the company’s website. It is important to understand that bonuses are not only profitable, but also quite risky, because it is necessary to provide correct data to the broker, be ready to trade, open an account in the platform and fulfill a number of conditions, which will allow the trader to get the bonus without problems.

All contests, bonuses, promotions have their own rules, as well as such provisions that the broker will refuse to grant a bonus, withdraw it or not allow participation in the contest – here we are talking about fraud, use of prohibited trading techniques, providing false information, etc. The broker considers the bonuses seriously, providing them to the client, he can withdraw them at any time, because they are his funds. It is worth to understand that the traders’ work is monitored by the staff of the company and in case of violations it will be very easy to lose the winnings.

No deposit

Is it possible to successfully start trading with binary options without a deposit? The examples we gave above allow you to answer this question positively. Yes, it is possible to start trading on the real market without using your capital. In order to get real money from the market, brokers offer a lot of “events” – contests, bonuses, promotions, the winners of which receive as a prize money, which they can freely dispose of: trade them further or withdraw them to the card. This is one of the popular ways of working with binary options, because, in addition to the cash prize, participants get valuable experience in trading in the market.

  • Wforex: “Final Run”

This contest Wforex is absolutely free for traders, you only need a broker’s account. Two groups of accounts take part in it: Forex and Options. The winners are the participants, who were able to earn the maximum amount of money during the contest. The first 50 participants (25 traders from each group) will share the prize pool of 10 000 USD. The traders who are not among the winners receive 10 USD as a bonus for participating in the contest and 500 points from Rebate Club program.

No loss – work on a demo account

How else can I successfully start trading binary options? Are there any such options? Yes, there is another good way, which can be a real escape for market beginners – to work effectively on a demo account. In doing so, you can practice your trading skills well, learn to understand the basics of the market, actively use various tools, test strategies, indicators, etc. A demo account can sometimes seem like a senseless waste of time, but it’s not, and market professionals will agree that, with the right work on a demo account, you can be fully prepared for the real market and trade profitably on it.

Today, most brokers provide a demo account for an indefinite period, you can use it when it is necessary and exactly as long as it is necessary in order to feel more confident in the market. In addition, there are various tournaments and promotions. Such tournaments or bonuses are a real boon for a beginner and because when they trade here they do not lose their money, they do not risk it. In addition, not all demo accounts require the provision of personal documents, which also simplifies such work. This, of course, is what makes a demo account valuable for a trader. Popular today are tournaments and contests on demo accounts, which are focused on demo account holders and offer them the opportunity to earn real money from trading, withdraw it from the system or continue trading for free. Such tournaments are organized, for example, by brokers Binomo or Finmax.

Without a down payment – is it worth it?

Trading binary options without a down payment – is it worth it? This is a fair question that also interests traders today. Of course, it is possible and even worth trying to start trading without an initial deposit. The more so since there are many such offers from brokers on the market – promotions, bonuses, which are aimed at increasing interest in the platform on the part of players. And yet, for all its attractiveness, this “way” is not as easy as it seems: in order to take part in bonuses and tournaments, a trader must have positive trading experience at least on a demo account. Without experience and knowledge you will not be able to win such a contest, because both professional players and beginners take part in it. Of course, experienced traders win such contest. It should be noted that it is still worth to work effectively on a demo account, participate in contests, try to win something in them, because this is also experience.

Having received the prize bonus money after participation in the contest, the trader will not be able to withdraw it immediately, he will have to work it off, possibly provide personal documents to the manager of the company, etc. Sometimes traders forget about that. To work off the bonus means to make a certain number of transactions on the account and only then you can use the money as your own. It is often at this stage traders lose their money, lose even the bonus itself by breaking trading rules, etc. Besides, when starting trading on the market, one has to realize that there are risks of losing the deposit, including those caused by the lack of trading experience, fear, and greed.

No money on binary options?

It is realistic to make money on binary options without money using the options we described above in our article: these are no deposit bonuses, contests and tournaments on demo accounts, promotions, etc. It is important to understand that the success of such way depends on the experience and knowledge of the trader, on the improvement of skills, otherwise it is very easy to lose all the money. Even if the trader won the contest and received the prize money from the broker, it’s still too early to put a point here – it’s important to fulfill all the conditions for working off the bonuses, to trade the required number of times the money and only then you can withdraw it.

Are there any other ways to start trading binary options without money? Here we can, first of all, mention the possibility to change the demo account with a broker, if the trader has run out of virtual money and would like to start trading again. Brokers often organize various free contests on demo accounts, which also help to get started in trading without the trader’s personal funds.

Conclusions

It is possible and even worth trying to make money on binary options without investing. Brokers are interested in attracting attention to the platform, they understand that trading is psychologically difficult and beginners are not ready to lose their money. Therefore, they offer potential customers the opportunity to start in the options market without investing any money. These are different no deposit bonuses, promotions, special offers, tournaments and contests on demo accounts. A lot of traders take part in such events. In addition to practicing their trading skills they can win cash prizes from the broker and, after working off the bonus, withdraw the money or use them for further work in the terminal.

Binary options without investment – it is real, but still difficult, because the participant of special contests and promotions will need trading experience, market analysis, the ability to use the tools, etc., that is, knowledge of all those factors that will help him to trade at a profit and to be among the winners of the contest. Even if the trader does not have much experience in real or virtual markets, it is still worth trying your hand at various contests, but you should not stop there. Traders should realize that binary options without any investment is not the only way to start successful trading without significant losses. It is possible to start working on the real market with a minimum amount on the account. Having transferred 10$ to the account, he will calmly operate in the market investing in transactions the minimum possible amount (1$) and do not have to worry about heavy spending of budget, because at the minimum investment in the transaction losses are insignificant, which means that the trader has no uncertainty, fears of losing money. Each trader must choose a convenient and comfortable way for himself, based on his abilities.

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