What are Binary Options?

Binary Option Brokers:

  • Banc of Binary

  • First broker offering Binary Options

  • 24/7 account manager
  • Very user friendly
  • Minimum deposit $200
  • bonus up to 100%
  • TradeRush

  • Best out of the Test

  • 24/7 account manager
  • Very user friendly
  • Minimum deposit $200
  • bonus up to 100%
  • 24Option

  • This broker has the biggest trade volume possible

  • 24/7 account manager
  • High trade limit 15k
  • Minimum deposit $200
  • bonus up to 100%
  • AnyOption

  • This broker is great for beginners

  • 24/7 account manager
  • Trade international assets
  • Minimum deposit $100
  • bonus up to 100%



As time passes by, people are looking for the best ways to earn income. One of the most popular choices these days are binary options. In fact, so many people have already succeeded in earning their target money by taking advantage of binary options. If you are just new in the field of Forex and you would like to know the answer to the question, “what are binary options”, you are reading the right article.

Binary Options Explained

A binary option is a very interesting and simple way for you to earn profit from financial markets. When speaking of this form of investment, this is basically a form of wager that a certain security will close below or above a particular price. Once the trader is correct in determining the closing price, they can get a fixed payout. This can range for about 60 for up to 500 times more than the initial amount involved.

UP or DOWN

In binary option, there is an option which is being purchased in a particular price. This is termed strike price. Once the call is placed on that option, this implies that the option should close more than its strike price in order for you as a trader to earn profit. On the other hand, a put option is where the close price should be lower than the strike price. These options have their own expiration time. The specific closing price at the end of its expiration time is the factor considered whether the trade is profitable or it is not.

Please choose one of the brokers above or read the next article:
What Can Binary Options Bring Me?

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