Binary options trading has always been very popular, however, this trend of global investment exploded around 2008 or , ironically , when global economies began to fall. Originally known as digital options , binary or the name " two values " was added to give a simpler trading options for explanation. Binary values are defined as two or up and down movements . The binaries are based on underlying assets or derivatives . You can trade commodities, forex ( foreign exchange market ) , commodities and stock indices .
The popularity of Internet platforms binaries has spotted literally trade industry . Internet providers have flooded the network with misleading information and products and hundreds of agents fly- by- night that attract investors with promises of high returns and low production. With that said, binary trading can be called business opportunities " of the poor." The reward is all or nothing and the amount invested can be as low as $ 100.With their innovative platform, user friendly interface and top class customer support, they take pride of bringing you the best of your trading prime. OptionPrime offers over 200+ worldwide assets to trade. Our traders’ trading success is their top priority and to achieve this they provide the trading process as simple and profitable as possible.
Binary job requires you , the investor, to predict the price movement of an underlying asset . This is different from traditional options you do not need to know the direction of price movement . Learn how the movement is determined by studying the history of an asset. For example , if the current value of an asset is $ 100 and the last operation was $ 95, knowing that 95 % of the market predicts that an economic event with this asset will happen. Predict the falling price of the $ 100 mark and you are on the money. Only a sense of movement in prices of the underlying assets is needed. You do not need now the magnitude of the movements or the exact price, just move up or down.
