Nowadays traders engaging on binary options platform, want to generate high profits in a relatively short period of time. Compared to other traditional financial trading methods, options trading generates a very fast return. It offers the opportunity to have a profit margin up to 85% from the initial investment made. The expiry times available on the trading platforms is relatively short depending on the trading tool chosen. For example, when using the Speed Option tool, the expiry time usually stand between thirty to three hundred seconds. On the other side, traditional trading is held for longer period of time and can go up to many years in some cases. The opportunity to trade rapidly on financial markets combined with the potential of earning high returns is one of the most attractive feature of binary options trading. If a trader succeeds to chain a few winning trades, he can make a substantial profit in less than two hours.
Is Binary Options Easy?
In order to speed up the process from the initial investment to the first trade, brokers have ensured that trading binary options are as simple as possible. Besides, there are only a few steps involved between the signing up to a platform stage and choosing the financial asset the trader will choose to invest on. Those steps also include the choice of the amount the investor wants to trade, the selection of the asset he wants to trade with and the direction he thinks the market will move by the end of the expiry time. The trader gets through all these stages in only a few clicks making binary option very easy.