What are binary options?
Binary options are contracts that give you the right but not the obligation to buy an underlying asset at a fixed price within the specified duration of time. When trading binary options you actually do not buy or sell something. Your result depends on whether you have predicted the movement of certain asset and identified appropriate time for trade. It gives investors unseen sense of security, for even if movements are scarce and advance only for 1 pip your final return would be the same as if your traded asset advanced 50 or 100 pips. As profits are predetermined, they are not affected by the magnitude of the market movement of the asset. It does not matter how far above or below the strike price of the option expires; the option will simply expire ‘in the money’ or ‘out of the money’. Similarly, any losses that you incur will be known in advance and these will never exceed the per-agreed amount.
Prior to starting your trade, you should stick to simple basic strategies. Choosing an appropriate asset to invest coupled with some market analysis of chosen asset is key to success. Our team of committed financial experts is always ready to provide you with up-to-date info covering all traded assets.. Furthermore, on our website you can find numerous resources to figure charts to trace movements of chosen assets, read hot financial news, and utilize a vast variety of tools for making predictions thus making knowledge on the matter abundant and profound. After choosing the asset to trade it’s just about time to decide which option to purchase.
What assets can we trade with binary options?
Bullabear has a wide variety of binary contracts available to traders.
You can either trade with:
• Indices – Such as Nasdaq, Dow Jones, FTSE, Nikkei and many more
• Forex – Combinations for all the major currencies such as USD, EUR, GBP ,JPY and
AUD just to name a few
• Commodities – Gold, Silver, Oil, Corn, Coffee and several more
• Stocks – Over 50 of the biggest and most interesting companies in the world from a variety of industries are available in BullandBear asset list, amongst them – Google, Deutsche Bank, Coca Cola and many many more.