Binary, or digital, options come in several varieties and are often the simplest financial derivatives to trade. Binaries offer buyers limited downside risk or premium cost in return for a limited reward or payout.

On the other hand, binary sellers have limited downside risk equal to the payout and limited upside risk equal to the premium received. Binary options allow traders to speculate on a wide range of underlying assets , some of which include:. Similar to regular options, binaries which take a bullish or bearish view on the underlying market can be referred to as call or put binaries , respectively.

Furthermore, one-touch, barrier or trigger binary options pay out when their barrier level trades in the market prior to expiration, while a no-touch binary gets canceled if its barrier level trades. The inside range binary pays off if the market stays inside the specified range , while the outside range binary pays off if the market ends up outside the specified range. Range binaries can also be structured with trigger points. As their name implies, binaries generally have two possible outcomes through expiration or cancellation.

In the simplest case, if an at-expiration binary option is in the money at expiration, then they provide a fixed payout to the holder. Alternatively, if they are out of the money at expiration, they typically return nothing. The right trading software can make a substantial difference in your profitability as you deal with options, and binaries are no exception.

In general, a great binary options trading platform will have the following features:. Most binary options brokers have a web-based platform so you can view a series of assets on and select tenors, strikes, triggers and types of binary options to trade in a specified amount. These platforms usually lack any significant analytical or risk management capability.

Furthermore, some brokers that do offer binary options, such as Binary. This gives you the notable benefit of having all of the technical analysis, news feed, backtesting and programming capabilities and allows you to enter binary options trades with a supportive broker.

Although binary options are a bona fide and limited risk derivative financial product and are suitable for individual traders, the retail binary options market has, unfortunately, had its share of issues due to unregulated and disreputable brokers.

This has led to restrictions on the availability of binary options in some jurisdictions, so traders should beware of scams which involve poorly regulated brokers. As you select a binary options broker, watch out for some of these red flags that can signal a possible problem with a broker:. Benzinga has looked over the field of binary options brokers and selected a few reputable broker choices for traders who either plan on specializing in binary options or who want to execute binary options as well as other assets through an online broker.

These online brokers all offer a variety of asset classes and include the ability to execute binary options trades. Some of them offer what they call Digital s, which are a particular rebranded type of binary option. Note that not all brokers will accept clients in all jurisdictions, so you need to check with the broker to be sure you can trade binaries through them. While it does not offer binary options by name, the broker does provide a similar derivative product called Digital s on a wide range of underlying assets.

Digital s are a form of binary option that are worth either zero or at expiration and are priced based on the expected probability of giving a payout. CMC Markets is another reputable ASIC-regulated broker that also offers Digital s on a wide range of products , in addition to offering a normal trade execution service in numerous financial markets.

These markets include forex pairs, indices, equities, ETFs, commodities, treasuries and even cryptocurrencies. The broker does not presently accept U. This top spread betting and CFD broker has been around since and offers a strong proprietary general trading platform called TraderPro , available for desktops and mobile devices. The broker also has a specialized binary trading platform called ETX Binary Options that supports fast execution and one-click trading, as well as high-quality charting tools.

ETXCapital provides dealing access to more than 5, global markets and has a strong multilingual customer support service based in London. Tradable underlying assets for binaries include dozens of forex pairs, indices, stocks and commodities. Also, make sure you are using a reputable broker since the security of your margin deposit should be your top priority as you decide which firm to use.

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Alts Alternative Investment Platforms. REITs Versus Crowdfunding. The market can only go up or down. If we believe the current value will go up in the near future, then we buy a Call option. On the other hand, if we believe the current value will go down in the near future, we buy a Put option. Read more about call options vs put options. Third, we need to determine what the most critical aspect of trading binary options is.

Being wrong means you incur a loss. We have made a nice infographic that highlights the four steps on how to master binary options trading. If you manage to figure this out, then knowing how to make money trading binary options will be a piece of cake for you.

Our team at Trading Strategy Guides is ready to share with our beloved trading community our second binary options strategy. The mathematical model behind this binary options trading strategy has a proven market edge.

The only tool you need to trade binary options successfully is the RSI indicator. The RSI default settings need a little bit of adjustment if you want to master the 1 minute time frame. We use a 3-period RSI to trade binary options profitably.

Naturally, a lower RSI period means that the indicator will tend to be noisier than normal. But it is more responsive to the immediate price action. Along with the RSI settings adjustments, we also played around with the overbought and oversold readings. We found out that by using an 80 RSI reading for overbought and 20 RSI reading for oversold conditions, we get more accurate day trading signals.

By changing the RSI overbought and oversold line, we have eliminated the noise. The 1-minute binary options or the seconds time frame is the best chart for trading binary options. In other words, the best binary options expiration time is the 60 seconds time frame. We recommend highlighting the starting point on your charts.

And the ending point of your candle low that you have identified. Simply draw two vertical lines on your chart through the starting point and ending point of your 50 candle low.

When you count the 50 candle low, you should always start from the current candle. Then go from the right side of your chart to the left side of your chart.

If you manage to count 50 candle low, obviously the starting candle point will be your 50 candle low. Since this is a reversal trading strategy we need the RSI indicator to show a bullish reversal signal. An RSI reading below 20 shows that the market is in oversold territory and it can potentially reverse. Keep in mind that in order to move to the next step, we need the 50 candle low. We also need an RSI reading below 20 to happen at the same time. We added one more factor of confluence that needs to be satisfied.

If used in conjunction with the previous two conditions, it will make you a money maker binary options trader. When trading reversals, you need to be as precise as possible. The more confluence factors you have in your favor the more accurate the reversal signal is.

What we need to see here is for the price to continue moving lower after the 50 candle low was identified. At the same time, we need the RSI indicator to move higher in the opposite direction.

If the price moves in one direction and the momentum indicator moves in the opposite direction, it means they are diverging from each other. This signals a potential reversal signal. The first thing you need to do is to mark on your chart the high of the 50 candles low with a horizontal line.

The first candlestick formation that breaks above this high is your trade entry signal to buy a second Call option. Before learning how to make money trading binary options you need a great Binary Options broker. Secondly, you need a strategy-based trading technique to reveal the market direction.

You only need to forecast if the price will be up or down during the next 60 seconds, making it very convenient.

We use a heuristic approach to speculate on which way the price is going to move during the next 60 seconds. At the end of the day, traders are looking for a reliable binary options system that will help them make money from trading.

The good news is that the best binary options strategy is exactly that system. Our team is built of many traders with experience in the industry, including binary options traders who know how to make winning trades. Please Share this Trading Strategy Below and keep it for your own personal use!

Thanks Traders! We specialize in teaching traders of all skill levels how to trade stocks, options, forex, cryptocurrencies, commodities, and more. Our mission is to address the lack of good information for market traders and to simplify trading education by giving readers a detailed plan with step-by-step rules to follow.

The article on binary option trading strategy was useful. Thanks sharing for valuable information about binary options. Thanks for the article. Are you referring to building a strategy multi-step indicators in a trading platform?

Does the starting point and ending point of your 50 candle low have to be the same color candlestick too? You from tradingstrategyguides, could you create an indicator with these settings for us binary traders. That way we would be better able to migrate to Forex. remembering that I am a loyal customer of yours and I pray that one day you can help us with this. And thank you so much for that knowledge.

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page. Binary Options Trading Strategy — Best Seconds Strategies by TradingStrategyGuides Aug 8, All Strategies , Options Trading Strategies 21 comments.

And that, my friends, is the real beauty of binary options. What are Binary Options? So, the first thing you need to decide upon is to select the asset to trade. Trading binary options require you to correctly forecast two things: Whether the market will rise or fall.

Your forecast needs to be accurate during a certain time frame — called the expiration time. The Best Binary Options Strategy Our team at Trading Strategy Guides is ready to share with our beloved trading community our second binary options strategy.

Use the second chart 1 Minute TF The 1-minute binary options or the seconds time frame is the best chart for trading binary options. See below: Step 2: At the moment the 50 candle low develops, we need an RSI reading of 20 or below Since this is a reversal trading strategy we need the RSI indicator to show a bullish reversal signal.

See below: Step 3: Look for a bullish divergence to develop between the RSI indicator and the price.

Home » Binary Options brokers » Best Binary Options app. However, not every broker offers mobile apps and different brokers design apps with unique goals in mind. Some brokerages offer high-quality binary options trading apps that are easy to use. Other brokerages focus on providing that is loaded with the most features.

There is no shortage of quality binary options brokerages in the industry. However, finding a brokerage that offers a refined trading application can be challenging. General Risk Warning : The products listed in this post carry high levels of risk and can lead to loss of funds. To draw a fair comparison between the apps, you will need to shortlist the top contenders, download every application, and compare their features.

Lucky for you, you found our post. With our selection guide and comparison, you will have found the right application to trade binaries by the end of this post.

IQ Option offers CFDs, forex, binary option, and cryptocurrency trading. The broad gamut of markets makes it among the most impressive binary options brokers for traders of all skill levels. With over 48 million registered users, the company facilitates over 1 million transactions every day. It is available to traders in countries, including India , Malaysia, South Africa , and Singapore.

However, the broker is not available to traders in the US and EEA. Unlike many other brokerages, IQ Option offers a proprietary interface that features a modern, no-nonsense design. The platform equips traders with tools such as multi-chart layouts, historical quotes, market updates and alerts, economic calendars, and more.

In addition, widgets on the platform can help traders make quick decisions. The interface is available in 13 languages. Further, the broker also has an Investors Compensation Fund. It provides IQ Option protection if it cannot fulfill financial obligations. While the browser version of the platform is impressive on its own, the seamless mobile user experience sets IQ Option apart from many other brokers.

The trading area is unchanged in the mobile apps, and the platform comes with buttons that match the look and feel of the website. The company also provides an application for Windows computers with the same seamless interface as the browser version.

The IQ Option app is available on both Google Play Store and the App Store on iOS. Taking on from the full website version, the mobile app provides the same neat and intuitive interface. Further, it provides traders with all the same tools as the website, making for unhindered trading on the go.

The best thing about the mobile applications is that they boast a native design. The Android app is written to work flawlessly on Android phones, and the iOS app is tailored to run smoothly on iOS. Natively designed applications rarely lag or crash. Pocket Option is known as one of the most reliable brokers for binary options traders.

It was established fairly recently in but has garnered a base of over 20, daily users. The broker is available to traders in 95 countries, including the EEA, USA , and Canada.

The platform offers over tradable assets, including those from forex, indices, stocks, commodities , and cryptocurrency markets. Pocket Option stands out from the competition by offering MetaTrader 4 and 5 applications for traders on desktops. The commercial applications are accessible as browser and desktop apps. MT4 and MT5 come loaded with several technical indicators and all the charting tools a professional may need.

Traders can use the API to program automated trades, make a signals bot, or use the copy trading features Pocket Option offers. It also makes a specialized trading keyboard available to traders. Pocket Option also offers a simpler web-based interface that makes it easy for new binary options traders to approach trading. However, this platform does not have features like price alerts and does not offer two-factor authentication without Google Authenticator or its alternatives.

The basic trade types and a reasonable range of expiry times make Pocket Option suitable for both novice and seasoned traders. The availability of the second expiry time allows traders to explore the potential of quick trading.

The excellent social trading, tournaments, and achievement features, coupled with its compliance with the Anti-Money Laundering Policy, make it an ideal option for traders looking for a reliable, feature-rich brokerage. As a result, the apps feature all the tools available on the desktop and web versions of the platform.

All five trading orders are available on the mobile apps, and the app also features the same technical and charting tools as its desktop counterparts. While the interface is essentially a shrunk-down copy of its counterparts, the large buttons and simple user experience often make it easier to use than the other versions. Furthermore, the mobile platform enables the applications to provide trading alerts and market updates as dedicated notifications.

However, mobile apps have some limitations. Your account is protected by only one authentication method — your ID and password — on the apps. The broker has yet to provide two-factor authentication features on the applications. This also means that traders cannot use facial or fingerprint recognition to secure their accounts. On the plus side, the application is free and easy to use, making it a great choice in an app niche where good apps are few and far between.

io is one of the newer brokers in the market. The company was licensed in November ; however, its robust feature set attracted thousands of traders from the world over in a short period. The brokerage is owned by Seychelles-based Awesomo Ltd. and is under the regulatory oversight of the IFMRRC.

io accepts traders from the US, Canada, and Hong Kong. However, payment options in these countries are limited to cryptocurrency. The broker offers its traders deposit bonuses depending on the deposit amounts. Utilizing this offer can boost trading capital. The offer above is one of the many promotions the broker offers to traders. You can expect perks like reduced risk and cashback regularly. In addition, active traders are awarded promo codes that they can use for discounts across the firm.

Its trading platform boasts a feature-loaded interface that is suitable for professional traders. You can use the platform from your browser — no downloads are required. One of the best things about the interface is that features are organized for convenient access. You will never have trouble finding an option, which makes quick trading much less of a hassle.

Additionally, the diverse set of expiry durations ranging from one minute to months make it suitable for traders having any trading style. With over assets for digital options, 27 forex assets, 15 indices, and several cryptocurrencies and commodities, Quotex.

io offers the largest asset variety of all brokers. io leaves a huge chunk of the market untouched since it only offers an app on the Android platform. Nonetheless, traders can access the web version of the platform from the web browser on any phone. This allows Quotex. io users to execute and track their traders from anywhere, at any time. One of the best things about Quotex. You never have to worry about losing out on trading opportunities due to a slow platform.

The ordering screens are available on the right side of the chart, which makes placing orders and tracking trades easy. Furthermore, the chart is highly customizable, ensuring that every trader gets the convenience they want out of the platform. The several trade indicators on the platform enable you to fund your trading account with ease. In addition, each of the indicators on the platform can be personalized and fine-tuned for optimal use.

Small conveniences like getting access to market news on your live account make the Quotex. io mobile app a viable option for many traders. With over , daily users, Binomo has established itself as one of the leading binary options brokerages in the industry.

It serves traders in countries, including Brazil , Turkey, and India. The broker was founded in by Dolphin Corp, established in St. Vincent and the Grenadines. Binomo is among the most regulated brokerages in the industry. It has been regulated by the IFC and has been a category A member of the regulator since It is also an FMMC-certified brokerage and is regularly audited by VerifyMyTrade. Additionally, Binomo is undergoing the process of getting a trading license from CySEC.

The additional regulation will make Binomo an attractive option for more international traders. The proprietary trading platform uses the SSL protocol to ensure that trader data is always encrypted.

As a result, your bank information, personal data, and funds remain safe during withdrawals and deposits. Furthermore, the platform has 20 unique hotkeys that you can use to trade faster. Binomo does not provide a wide range of trade types. While these trade types make it easy for traders to make trading decisions, seasoned traders may find that the lack of trade types limits their trading.

However, Binomo offers non-stop trading, which is a feature not many brokerages provide. You can trade in the night or on the weekends without restrictions, making Binomo an excellent option for casual and professional traders alike.

You can install the Expert Option trading app on Android and iOS phones and Macs and Windows computers. Is Bitcoin a Good Investment? By changing the RSI overbought and oversold line, we have eliminated the noise. More information in the Privacy Policy. MT4 and MT5 come loaded with several technical indicators and all the charting tools a professional may need. This candle formation offers the trader much information to interpret the market movement. Another advantage of the order mask is the potential profit via the sidebar.

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