Binary options – Frequently Asked Questions

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

7 Binary Options

How can I start trading with binary options?

1. Register to a trading platform/ broker, preferably one or more of our recommended platforms.

2. Select the asset or item to trade. For example, the EUR/ USD.

3. Determine the amount you wish to invest, make your prediction on direction the price of the asset will take. If you predict it will rise, select Call (up), and if you predict it will fall, select Put (down).

4. Collect your winnings.

Which trading platforms do you recommend?

We have collected and critically analyzed the best trading platforms, which are on this website. We recommend these platforms.

Which automatic trading software would you recommend?

We highly recommend Binary Option Robot program, which is the best in the industry. It will help you in trading and in getting the best results to generate more winnings and more money.

Which service do you recommend for buy/sell -signals?

We recommend the services covered by the absolute elite signal tip back and forth service.

What investing strategy do you recommend?

Trend Strategy is the commonly used and most profitable strategy.

What are binary options?

Binary options are options which when traded; one gets the payoff or gets nothing. One can either win or lose and therefore, the word binary which means two. The trader knows the income or loss before investing. Trader may invest in commodities, indices, and currency pairs.

Where can I open a free demo account for testing trading before using real money?

You can open a free demo account on Banc de Binary trading platform for you to practice. You will get $ 50,000 for use.

What do put and call mean?

These are options used in binary options trading / investing.

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

The Call (Up) option is used if you predict that the value of the asset will rise. If you predict that the value of the asset will reduce, then you select Put (Down).

What does the expiration time mean?

Expiration time is the time in which a particular trading expires. For instance, a 30 seconds trading expires after 30 seconds. It is at this time when you see if you have won or lost.

What does the maximum winning percentage for trading platforms mean?

It is the maximum returns, which you can get on an investment. For instance, in Banc de Binary platform it is 91%. If you invest $100, you get a profit of $91.

Is it possible to invest with a mobile device?

Yes, you can invest using a mobile device in many of our recommended platforms.

Do you have reviews of Forex Brokers too?

Yes, you can find full reviews here.

John Miller

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Very informative, t hanks

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Disclaimer: 7 Binary Options will not be held liable for any loss or damage resulting from reliance on the information contained within this website. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author. 7binaryoptions.com is only a website offering information – not a regulated broker or investment adviser, and none of the information is intended to guarantee future results.

Binary option trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

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Frequently Asked Questions

Have some Binary Strategy questions you need answered? This is your one stop shop!

When do I get access to my purchase?

Immediately. Once you have paid you will receive an email. Check your junk mail, sometimes it gets caught there since it’s an automated email.

Do I need to sign up with a new broker?

No. You can use your current binary options broker. Binary Strategy is built to work with all brokers.

Do you have a money back guarantee?

Yes. You can apply for our money back guarantee with 30 days of trading results. In order to qualify you will have to prove that you properly tested the software for an adequate period of time.

Can I use this product in my country?

Yes. You can use our software in any country.

Can Binary Strategy signals be used for Forex?

Yes. You can use our signals for Forex. This is quite simple because the signals come within MT4. Obviously, you will have to set your own TP/SL though, as these aren’t included in binary options.

Is there a monthly fee?

No. You pay the one time fee and then you have access to the software and all free upgrades for life. We will be in this market bettering our system for years to come.

Do you have a trial?

No. We do not have trial capabilities. You are more than welcome to follow our results or email us while you make up your mind. We aren’t going anywhere.

How do I trade the signals?

As soon as you receive a signal, you go to your broker and place a trade. The signal tells you exactly what you need to do.

You are told the asset to trade, the direction of the trade, the expiry time and the strategy it came from.

There are two strategies, spirit and valor. You can set each strategy up on specific pairs to increase your winning percentage.

U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.

Be warned that there is a possibility to lose real money if traded on a real money account, and the owners of Binary-IQ.com can NOT be held accountable for any losses that may occur. All rights reserved. The use of this web site and or it’s contents constitutes acceptance of our disclaimer.

All information on this web site or any software and or guide purchased from this web site is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Fellow Traders and any authorized distributors of this information harmless in any and all ways. All rights reserved.

Most Frequently Asked Binary Options Questions

If you have come across our website as you have an interest in Binary Options but do not fully understand how these financial instruments work and operate, then this section of our website will soon enable you to get an understanding of how they work and operate.

Below are the most commonly asked questions surrounding placing Binary Options trades online and once you have read them please do spend some time looking over any of our other Binary Options guides and articles as we have several of them available throughout our website which will help get you off to hopefully a flying start when you decide the time is right to start trading online!

    What are Binary Options?

Binary Options are a simple way for anyone to start making profits from stocks and shares without you having to actually purchase stocks and shares in any publically traded company. You will be given two options in regards to trading Binary Options and that will be to try and correctly predict whether the value of any company will increase in value or decrease in value over a given time period. Make the correct decision and you will make a profit however make an incorrect prediction and you will lose your investment. There are many benefits of investing in binary options online.
What Companies Can I Place Binary Options On?

You are able to place Binary Options on any publically traded company anywhere in the world, and as such you can choose from banking institutions, retailers and even place trades on whether the value of commodities or precious metals such as gold and silver will increase in value or decrease in value over any given time period.
Why Do Binary Options Brokers offer Bonuses?

One thing you are going to notice when you visit the website of any Binary Options Broker listed on this website is that each of them offer new traders a range of bonuses. These are given away as an incentive for you to sign up and to start to trade at those sites. The value of the bonus cash you can claim will vary from site to site and will also vary depending how much you deposit into your newly opened trading account, but there are some very generous ones of offer that are certainly worth checking out.
Do I need Specialist Knowledge of Share Trading?

The one main attraction of placing Binary Options online is that you will not need a great understanding of how stocks and shares operate nor will you have to be a technical wizard to be able to place your trades online. For when you sign up at any of our featured Binary Options Brokers you will find a very easy to use trading platform and you simply need to look up the company you are interested in placing a trade on and then choose whether you think the share price will increase of decrease over any given time period. You then place your trade at a value you can afford and when the time period has expired any profits are added to your account instantly.
Do All Binary Options Brokers Accept Nigeria Based Traders?

When you start to browse the internet looking or Binary Options Brokers you will find many of them will accept Nigeria based clients and some won’t. To make your life easier all of the sites listed on this site do indeed accept and welcome Nigeria based customers and as such you will have no problems what so every signing up to their sites, making a deposit, placing your trades and finally getting paid put any profits made in a very timely fashion.
Do I Have to Place Real Money Trades?

Each of our approved and fully licensed and regulated Binary Options Broking site knows that many of their clients will be new to the world of Binary Options trading and this is why they all make available to their newly registered clients a demo mode version of their trading platform. This demo trading platform will allow you to place demo trades on real time and current trading opportunities but do so in a no risk format. This is a great way to truly master placing the quite numerous different types of Binary Options that are available online at any time of the day or night, and it is an option we would advise all new traders make full use off.
What is a Trading Manager?

You will often find that when you sign up to some Binary Options Brokers you will be designated your own personal Trading Manager, this is simply a member of the Broking site staff who is always on hand to help and advise you if you have any questions what so ever. This Manager is also the person to chat to if you are looking or any additional perks of using one site over another as they can often offer you completely risk free trades and additional promotions offers.
Are Trading Profits Paid Tax Free?

You will not be charged any taxes or fees when you have placed winning trades at any of our featured Binary Options sites and as such when you make a withdrawal of any gains make they will be sent to you free of tax. Be aware though there may occasional be some fees charged depending on just which withdrawal options you choose to get paid by, so always try and select on to use that has no fees attached to it!
Are Binary Options Sites Licensed and Regulated?

We have chosen to list only the Binary Options Brokers we know currently hold a full and valid trading license for that way we can be assured of each site we promote to our website visitors will offer you the very highest levels of service, and being regulated they do of course adhere to a very robust code of conduct and ethics. Please be aware not all Binary Options Broking sites you may stumble across online are licensed or regulated and you must always avoid trading any such a site!

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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