The Reliability of Binary Options

Published:17 December 2015 Updated:4 January 2024

Very often we hear and read in the Internet news that binary options are like the work of a casino, that it is a scam of people for money and so on….Then there is such a question: why are binary options legal financial instruments for investing in the stock market? In order to get to the bottom of this, we will now talk about the reliability of binary options.

 

History of Binary Options

As a financial instrument, binary options appeared in the mid-90s on the Chicago Board Options Exchange and until the end of the 2000s were available only to the largest corporate clients. And at the beginning of the 2000s, as the level of their popularity among exchange players began to increase, binary options became available to private users – ordinary exchange players from around the world. Thus, the reliability of binary options, first of all, is confirmed by the legality of their origin.

Reliability of Binary Options

 

Regulation of binary options

Based on the fact that binary options on the exchange market are used on an equal footing with other types of trading, they fall under the legal control of regulators in different countries. Among them is the most famous all over the world controlling state body CySEC. In addition, there are such bodies as FCA, NFA, FSA, ESMA, CFTC, ASIC, SIBA. It is important to note that all of them recognize binary options as a reliable financial instrument. So the reliability of binary options is also confirmed by the recognition of the largest and most significant state financial authorities of the countries with the most developed economies.

Now let’s move on to the main questions! What should be the most reliable binary options brokers? What binary options companies are worth choosing to sign up with? What binary options to choose for trading? Perhaps we will start with the types of binary options we should be trading.

 

What binary options to choose?

As you know, the financial market has a huge choice of types of binary options, among which the most reliable binary options are the usual standard binary options, which actually began the development of private binary trading since the early 2000s.

Classic binary options are a type of option contract, concluded regarding the further direction of the quotation movement for a certain period of time. For trading to be effective, it is necessary that at the end of the transaction, the price moves at least one point in the direction specified by the exchange player in his contract. Thus, standard options are a financial instrument on which one makes profit according to the specified direction of movement DOWN or UP:

Reliable Binary Options Brokers

Never trust a company that suggests you trade on any other type of binary options. Options such as Range or One-touch can only generate losses for your trading account, and almost never profits.

 

A company for reliable money management

In addition to regulation, it is important when choosing a company to pay attention to the conditions offered by the broker. Most often, the lower they are, the more convenient and profitable it is to manage your trading account. For example, the company has INTRADE BAR The bet is only from 1 dollar, and the deposit is sufficient from 10 dollars. Such conditions allow you to fund your trading account minimally and start trading binary with minimal bets. This means that you will never lose big money and you will trade with practically no financial risks! Also Intrade Bar company offers its clients a promotion “20 options for free.”: Any new user can get the so-called free-trades as a gift – free trading positions, which he will perform at the expense of the company, and the profit, which he will earn, can be obtained or used in further binary options trading. You do not even need to fund your first account!

In addition to all of the above, please note that Reliable Binary Options Brokers will never offer you to trade on this type of terminal:

Reliable Binary Options Brokers

After all, binary options are professional financial instruments, not a roulette-like game where you can get money purely by chance or luck! So when choosing a company pay attention to the development of the trading terminal (on the quotation screen, the price bar, indicators for the analysis of quotations, etc.). Only by such parameters can you choose reliable binary options!

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Reviews

  • I always determine the reliability of binary options brokers by their age. The older the company is, the more reliable it is. Ratings are very helpful in this regard.

    Reply to a review
    • usik 17 January 2016 at 19:51

      What sources do you look at for ratings of brokerage companies? I have noticed that search services can generally put companies I have never heard of in the first place, why is this so?

  • Hidden advertising of Binomo))))))) Here is a list of the main questions for binary options in the article, only one is missing – where does the money come from to pay out winning bets? Here is the answer to this question I would read.

    Reply to a review
    • Danil 17 December 2015 at 12:24

      Philip, good afternoon! Probably taken from the losing ones )

  • Are there any binary options where you could practice trading not in dollars, but in cents? If there are such, which broker provides such an opportunity?

    Reply to a review
    • Danil 17 December 2015 at 12:22

      Nikolay, good day! As far as I know the minimum rate can not be lower than 1 dollar.

    • Nikolay 17 December 2015 at 19:24

      Yes, it is clear that there is no such opportunity, but it would be nice to do, agree, as on Forex, there you can open a cent account and a regular one. Very convenient.

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