Binary options Alpari

Alpari – is an experienced Forex broker. The company has been working in this field since 1998. The company offers binary options trading relatively recently – since 2014. The broker calls this option Alpari Fix-Contracts (fixed contracts), but the essence does not change. Many traders have already tried trading on the company’s platform and noted the benefits of working with the organization.

Reliability and security, a simple interface, necessary functionality, many ways to deposit and withdraw funds, bonuses and cashback-program are the undoubted advantages of the broker, mentioned by loyal customers.

Trading Binary Options

Among the different types of earnings on the Internet, financial trading remains one of the most popular. One of its varieties is Binary Options Trading, which has become widespread because of its high profitability and simplicity. This option is called one of the most profitable, because in order to get a predetermined profit it is necessary to determine the expected direction of the price movement. The uniqueness lies in the fact that the income is received fairly quickly. There is no need to wait a long time for the profit, as when waiting for the interest to accrue on the deposit in the bank.

Trading binary options differs from working in the Forex market. The difference is that in order to make money on Forex, it is necessary to get the quotes to go in the direction of the forecast for a few points. In option trading, the number of pips does not matter. Just one will be enough to make a profit. In this case, the trader knows in advance the time of the end of the auction, while with Forex he/she fixes the time, which increases the risk of sustaining a loss. This is excluded on options, because the client cannot lose large bets that he made.

What are binary options?

Binary option – is a type of exchange-traded contract used to make a profit on asset price movements. The profit depends not only on the price of the asset, but also on a correct prediction. For an option to be profitable, you need to be able to determine the direction of price movements until the end of the deal. It means choosing the period of time during which the value of the asset will be above or below the current price. If the forecast is correct, it is possible to earn up to 80% important funds. Otherwise, the trader loses all investment. This tool is convenient for hedging risks when using other trading options.

Trading binary options on a broker platform

To get started, you need to open a trading account, which requires a broker. This is a company that provides services to access the market. With their help, a trader can independently carry out trading operations. Alpari is such a broker. Having chosen a brokerage organization for work, a client has to create an account. With his help, trading will take place on the platform provided by the company. This is the trading terminal for work. The choice of the platform will determine how convenient it will be for the trader to trade.

 

According to professionals, the platform for transactions is a determining factor when choosing a brokerage organization. Companies offer standard terminals and their own systems, which differ from each other in capabilities. A good platform should have these characteristics:

• a large window in which the quotes of the asset are presented, so that it is easy and convenient to work;
• the ability to choose a schedule from several options;
• Availability of a large number of technical indicators to create your own strategy;
• The ability to move the charts back in history to test strategies, reduce, zoom in, etc.

There are several varieties of trading platforms. First of all, they differ in where they work. So, there are variants for installation on the computer, for working directly from the browser and for mobile devices. They can differ in functionality. Maximum options can be offered in the desktop platform, as the program is downloaded to the computer. In gadget apps, there may be a little less functionality. The reason is the small screen and limited memory. Some companies offer platforms that can be used from both a PC and a mobile device. For example, the Alpari app for trading fixed contracts can be installed on a smartphone or you can work in a browser.

One of the most popular standard platforms is considered MetaTrader, which can be installed on a PC, smartphone or tablet or traded directly from a browser. This is a universal program for analysis, which has a wide range of tools and gives the opportunity to use their own developments. This terminal has built-in graphical tools to help with most binary options trading strategies. The platform has a built-in programming language so traders can develop new tools and modify old ones. Templates make it possible to store and transfer custom settings from one device to another. The trader can set the screen indicators. The app also has a strategy tester that helps you check the algorithms on history. Also, the application has a strategy tester, which helps to check the algorithms on the history.

Trading binary options on a demo account

Binary options are a risky financial instrument, so it is best to start working with them after testing on a demo account. Many companies offer such an option, on which traders can learn the basics of binary options trading. There are offers, which are available without registration. But such demo accounts mostly have very limited functionality. In addition, they do not offer the opportunity to save trading data and study its implications for analysis. To get access to a full-fledged demo mode and the opportunity to practice earning skills, you must register with a broker. Often only an email account is required for this procedure. Sometimes you also need to enter your full name and phone number.

Most often, demo accounts are provided free of charge, but some brokers limit the period of use of such an option or reduce its functionality. Also some companies provide access to the demo mode only after making the first deposit with real money. A demo account allows you to watch the behavior of assets, study the situation and the mechanisms by which the financial market operates. It is also very convenient for testing different strategies in order to create your own system. After it is created and good results are obtained, you can start trading in real mode.

How to trade binary options with Alpari?

On the site alpari.com, in the “Platforms and Applications” section, there is a Fix-ContractsTrader page. On it you can see a demo version of the platform for trading binary options. There are 10 thousand virtual dollars available for this. There is also an “Open Account” button that redirects the client to a page with a registration form. There is also an option to download a mobile app for trading fixed contacts directly on your smartphone or tablet. The offering has almost all of the functionality that the computer version has. It allows you to open trades in all strategies in one click.

 

The page offers a smaller version of the platform. If desired, it can be expanded to get a large trading window with a login button to your personal cabinet.

Alpari Demo Account

Immediately after the launch of binary options trading Alpari did not offer demo mode. But after a while he launched such a service with the opportunity to test work on the OptionTrader platform without registration. On the virtual account, which opens when you go to the page of fixed contracts, you can perform the same operations as when trading with real funds. Ten thousand virtual dollars are offered for this purpose. The service allows you to master the features of the platform, practice trading without risking your own money, learn indicators, tools, principles of transactions and understand how they are displayed in the platform, get an idea of the calculations and analysis.

 

Terminal alpari.finance

The Fix-ContractsTrader platform is available for working in demo mode and in a real environment. You can work in it on the broker’s website or in the mobile application, which has almost all the functions of the terminal. The menus at the top of the platform contain the “Open Account” and “Login” buttons. You can also change the design theme. Another menu can be minimized or expanded on the left. Among its items are “Help”, “Types of contracts” and “Signals”.

A large part of the window is occupied by the chart. Here there are settings, balance, “Buy” and “Sell” buttons. You can also enable or disable “Trade in one click”. By enabling the offer, the deal will be opened immediately after clicking on the “Buy” and “Sell” buttons. It is impossible to cancel the contract after purchase.

 

The platform allows you to choose the type of contract, asset, time of execution, chart type and indicators. You can also see the selection of traders as a percentage. The chart can be made animated by enabling the appropriate function. But the administration warns that in this case the processor resources will be consumed more. In addition, the terminal has a “History” button, which opens the corresponding section. In it you can see the time, type of contract, instrument, term, opening and closing, forecast, size and payment of all performed deals.

How do I open a trade in the Alpari terminal?

Traders who plan to trade on a demo account can open a trade directly on the Alpari website. The “Platforms and Applications” section provides access to the terminal in which the trading takes place. After selecting an asset, option type, time and determining which way the price will go, the client must set the value of the contract and launch the trade. It is also possible to change the chart view and other settings. If the trader will trade with real money, he can register on the website and open a trading account. To do this, he should go to the “Fix-contracts” section. There it is necessary to select the currency and click on the button “Open an account”. When working with options he can also get a bonus of up to 100% of the deposited amount.

 

After that the service will redirect you to replenish your account, because the deposit must be made immediately before you start working. After that it will open access to the terminal, where the work is similar to trading in demo mode.

Binary options trading strategies

There are several popular strategies in binary options trading. The main task of the chosen option is to make trades consistently profitable. Everyone chooses the right strategy for themselves by testing them in the demo mode. One of the most popular variations is considered trend trading. If the value goes up and reaches a high maximum, an uptrend is created. If the market falls and several lows occur, a downtrend is formed. All trends are displayed on charts, so traders use this indicator effectively. They try to identify the general directional movement over a period of time in order to make accurate predictions.

Binary scalping allows for operations whose execution time ranges from 0.5 to 5 minutes. This strategy is often used by beginners, as it helps to acquire the skills necessary for trading. Traders learn how to make quick decisions and get their first profit in a short period of time. In this trading option, some indicators can be used to help make the right decisions. For example, exponential moving averages, relative strength indices, and stochastic. You can also use scalping without indicators. In this case, pay attention to trends for trading. Alpari provides traders with a detailed introduction to this trading strategy on their website.

 

Swing trading is a strategy in which an asset is held for 1-3 days in order to profit from price fluctuations. In this option, you have to sell when trends weaken and hold assets while they remain strong. But this strategy is quite risky financially. In addition, it requires a lot of attention and time from the trader, because it does not allow him to create a position and forget about it for a week. This is live trading that requires constant monitoring.

Also use trading on a range or breakout. In this case it is necessary to use the option “inside” or “outside” the boundary. In the first case, it is necessary to set the top and bottom values between which the value of the contract should be by the time the option expires. The second option allows you to set a range with boundaries, between which the value should pass when the option expires. Not all traders use technical analysis to make decisions. There are those who use a news strategy. All reports of current financial events can cause fluctuations in asset values. Candlestick patterns also help in trading. Due to the fact that prices are constantly changing, the size and shape of candlesticks in charts vary. Such differences indicate the psychology of the market and help predict its direction.

How do I open a live Alpari account?

To open a live account on the Alpari website, you need to register and log in to your personal cabinet. In the “Fix-contracts” section, choose a currency and make a deposit to get started. The trader can create multiple trading accounts to work with options and forex trading.

Conclusion

Alpari (Binary Options Trading) is a broker that offers not only forex trading, but also work with binary options. For this purpose, there is a convenient platform with which you can work, both with real funds, and in demo mode. For a demo account, there is no need to register, you can log in and work directly in your browser. For those who trade with real money, there is a personal account with login to the terminal and a mobile application, where you can also work.