How to start?
How to start?
To invest in binary options you need to open an account with an online broker. Binary options have started to become popular since the middle of 2008 and today there are already a significant number of brokers that offer them in their portfolio of investment products or that work exclusively as binary options broker.
The most important thing to invest in binary options is to work with a reliable online broker that is regulated and that, therefore, complies with the investor protection regulations imposed by its regulatory body. Many of the binary options brokers are based in Cyprus (due to the low tax burdens in that country) so it is recommended that they be authorized and regulated by the CySEC (Cyprus Securities Commission) and in the case of other countries Well, by the bodies of that country such as the FCA in the United Kingdom, the CNMV in Spain.
My recommended broker to trade Binary Options
Personally, I highly recommend operating with the broker Binary.com (now Deriv.com), I have been working with them for 4 years (2016), and I have been able to obtain profits in a constant way, also it is a broker that has been in the trading market since 2000, that is almost 20 years!
Binary.com (now Deriv.com) is an excellent option, for the following reasons:
You have many options to trade, there are currently more than 24 ways to trade.
Trade expiration times range from 1 second to 1 day, or 1 week.
Accounts with different instruments to operate: Forex (major and minor pairs), Indices, Commodities and Volatility Indices.
The minimum amount to place a trade can be as low as $ 0.35 USD.
You can open a trading account with as little as $ 10 USD.
The site has different regulations (licenses), to operate in Europe, Asia and America.
There are automated methods to operate with them, for example the Binary BOT (later I will explain how to use the bots and I will give you some for free so that you can use them).
The methods to deposit money are very diverse.
Withdrawals are easy and fast (once you have validated your account).