Choose an asset you understand well or one you’ve researched thoroughly. Knowledge of the asset’s price behavior and key market factors can significantly improve your predictions.
These bad actors have exploited the simplicity of binary options to mislead and defraud unsuspecting traders.
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One of the first regulators to license binary options brokers. CySEC regulation falls under EU financial laws, offering a solid legal framework for European traders.
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Binary options are time-based trading contracts where you predict whether the price of an asset will go up or down relative to a fixed level — known as the strike price
Binary options are a type of financial derivative that let traders speculate on the price direction of various assets, including stocks, currencies, commodities, and indices. The term “binary” comes from the two possible outcomes of a trade:
Traders simply decide whether the asset’s price will be above or below the strike price when the trade expires. If the prediction is correct, you receive the fixed payout. If not, you lose your investment for that trade.
Why it matters: Regulated brokers operate under strict guidelines and are monitored by financial authorities, reducing the risk of fraud.
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Why it matters: A broad range of tradable assets gives you more opportunities here to diversify and apply different strategies.
Traders always know their potential profit and loss before entering a trade, making risk management easier and more transparent.