Binary Options, also known as all-or-nothing options or Fixed Return Options (FROs), is considered to be one of the fastest growing simplified trading products available today. It is the latest financial tool to sweep the global markets and allow traders of all backgrounds to trade online. Whether you are looking for a short term or long term options, binary options can help traders get a high payout within short trading periods, which is why it has gained global popularity among financial traders.
The Binary Option is in essence nothing more than a prediction on which way the price of a stock, commodity, index or foreign currency will move by a designated expiration time. With Binary Options, you never purchases or own the asset as you’re only predicting the direction that the asset will go. There are only two possible outcomes and the price of the asset does not matter. As far as you’re concerned, all that matters is if your prediction was correct or incorrect.
Mangum Options offers over 150 tradable assets. Magnum Options offers traders indices (e.g. NASDAQ), stocks (e.g. IBM), commodities (e.g. oil) or currency pairs (e.g. EUR/USD) to choose from. A trader can choose multiple assets to trade at the same time.
How to trade via MagnumOptions.eu
- Choose the asset you wish to trade (you can view all tradable assets by clicking on the asset index).
- Click on “CALL” if you believe the asset price will rise by the expiry time, or “PUT” if you believe that the price will fall by the expiry time.
- Enter the amount you wish to invest and click apply.
- Collect your profit (if your trade expires “in the money”).
Binary Options for anyone
Regardless of a traders skill level, anyone trading binary options has access to information about stocks or financial news in general. This access to information, and understanding price movements with particular stocks, can help a trader determine the direction the price of the stock will move. This, in turn, may enable them to make better trading predictions and have the potential to earn high profits.
Advantages of Trading Binary Options:
Controlled Risk — The percentage of risk and reward are known from the beginning you place a trade. Simplicity — You only need a sense of direction i.e. ‘Will Google stock price increase/decrease by expiry?’ All a trader needs to do is click the CALL/PUT buttons to make this decision. Attractiveness — For a profitable trade to take place there is only the need for the price to close “in-the-money” and the winning trade will receive the entire payoff, even if was ‘right’ by a single pip.
Hedging opportunities — A safer option to take if a trader has an open position elsewhere in currency, stocks etc. Utilizing a binary option can eliminate a further loss elsewhere. Punctuality — Binary options assets are available at all different time frames, allowing traders to trade almost 24/7. There is always an expiration time arriving, which constantly yields new opportunities for binary traders.
To start trading Binary Options today, click here to open an Account.