What You Need to Know

How to Trade Binary Options

How to trade binary options

There are three crucial steps that you need to be aware of in order to know how to trade binary options like a pro!

Step 1: What is your position?

First, you need to set the parameters of your trade. Here’s what you need to consider:

Choose the underlying market

  • Currencies – trade all major FX pairs.
  • Stock Indices – trade all major worldwide stock indices.
  • Commodities – trade major commodities such as gold and oil.
  • Random Indices – trade Binary.com’s propietary random indices.

Choose the duration

  • You can set the length of your trade, from 10 seconds to 365 days.
  • But there’s no need to wait until expiry. You can sell back long-term trades at any time to profit from changing market conditions.

Choose the barrier(s)

  • The barrier(s) you choose defines your position and triggers your payout.
  • You set the barrier(s) to define your position.

Choose the payout

  • Each binary trade is for a pre-determined payout amount. You win the payout if your prediction is correct.
  • You can choose payouts from $1 to $100,000. This wide payout range is ideal for both small and large traders.
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