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Binary Options Guide – Choosing the Right Broker

Binary Options Guide – Choosing the Right Broker

 

Most of the articles I have written on this blog are dedicated to those who want to trade Binary Options safely and make an extra income that we all strive for. Opportunities are always there, we just need to keep ourselves open minded to what surrounds us. Caution is a thing that is very important while trading, and minimizing the lose is essential when you first start Binary trading. This Binary Options Guide, is intended to give you some guide lines, and whet to look for when choosing a trading broker.

Over the past year I received many “thank you” letters from people who adopted my advice and gradually started making money online. I regard this as a big success of main with helping others achieving their goals.

 

A couple of days ago I received a call from an old friend of main that opened an account on a binary platform that he thinks puts into practice, all those things I was talking about extensively with regard to risk management. He let me use his account and observe all the new and unique features that this Binary platform is offering.

One of the most appealing feature I noticed is the ability to make 10 USD trades while most trading platforms only allow a minimum of 25 USD, A beginner may want to test his strategies without risking a significant amount of money. Most beginners would first like to have a taste of the Binary Options market in shallow waters and later on go deeper and deeper in to that world of binary trading opportunities, OptionBit is offering just that, which I fund to be a unique feature that rarely could be found in other trading platforms.

Another important attribute I fund very interesting is the Dynamic Payout feature that provides traders with the possibility to change their payout (return) according to offered loss ratios prior to initializing a trade. The trader is able to create a different perfect combination of possible return/loss on every single trade. All combinations are pre-defined and pre-calculated. There is one standard ratio and four additional combinations the trader can choose from. The main principle is that the distance between the levels in each combination is set at 5%. The possible return on loss levels are: 0%, 5%, 10%, 15%, 20%.

This new feature is available only on Digital Options trading and is designed to provide traders with a better understanding of the risks they take and the possible return they can get for taking such risks. Other trading platforms do not enable a trader to change their win/loss ratio and it is usually fixed to 0 return if a trader losses.

OptionBit is also offering its traders three effective instruments in risk management:

First – It provides the possibility to prolong the expiration time of the option. This feature enables a trader to delay the options expiration time if the trader sees that his predication becomes successful on a longer time frame. this flexibility enables the trader to turn a losing trade into a big profit due to that feature which is very important when trading with binary options.

Second – provides the possibility to sell the option before it expires. In many cases when a trade is not going they way you predicted, it is possible to sell the option in some lose, instead of losing all the money that was initially invested on the option.

Third – provides a possibility to duplicate a profitable deal – therefore doubling your income. When a trade is successful and the options is going along with your prediction, it is possible to buy the same winning option as many times as you want in real time. This is really a cash making machine ! an investor can double or triple and even more in a couple of minutes, there is now way to describe the over joy in such a trade.

In audition, OptionBit provides you with the best trading tools: the elaborate trading e-Book (that offers an array of information on trading tactics and other information), in-house economic calendar, their enhanced educational program and so much more. Moreover, OptionBits’ team of professionals are always there to respond to your needs on a personal basis.

If you are new or even an experinced trader, this platform is ideal for all traders. I do recommend trying this safe and well established platform.
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