Binary Options trading in Philippines
Binary options trading in Philippines has become very popular among the new generation traders because of its simplicity , profitability and risk manageability. Here we provides you with all information regarding Binary options brokers, investment strategies and trading strategies. You can start binary options trading successfully by opening an account with our recommended Binary options brokers in Philippines.
Although understanding trading binary options is quite simple, trading binary options is very risky. If a trade expires in your favor, you get 70% – 91% * return ( amount to be credited to account for a successful trade ) on your investment instantly. If you are unsuccessful in a trade, you lose 100% of your investment. Hence risk management is extremely important in binary options trading.
The traders who generated significant wealth by trading binary options, didn’t succeed in 100% of the trades. But they used stringent money management and discipline while trading.
Binary Options trading in Philippines – Best Brokers.
Broker Name Special Feature Review Open Account
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.
Regulated Broker. Up to 91% payout ( amount to be credited to account for a successful trade). Check review
Regulated Broker. Up to 90% payout. Fast withdrawal processing. Check review
Regulated. High pay out up to 90% payout. Check review
Regulated Broker. Up to 90% payout. Withdrawal in upto 3 days. Check review
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.
What is Binary Option:
Binary Options are one of the simple and most innovative financial trading products made available to traders. These are the form of an option that provides a fixed deadline for expiration with a fixed payout. It has got two outcomes for any trade, either your prediction is correct or incorrect. If your prediction on price movement is correct you get up to 91%* return on your investment and if it is incorrect 100 % of invested amount is lost.
How to trade:
1. Choose the asset to trade. ( EURUSD, GBPUSD etc. )
2. Make a prediction of price direction. ( Price will go up or down as compared to present price)
3. Select investment amount. ( Select an amount to trade with , example – $5 or $10)
4. Trade (by clicking CALL – if you anticipate price will go up or PUT -if you anticipate price will go down ).
An Example of Binary options trading:
- Consider that, EUR/USD is trading at 1.12053 and you predict the currency pair will be lower in the next 5 minutes. You want to invest $25.
- Find EUR/USD in the brokers asset list, select the time period of 5 minutes, enter $25 as your investment amount, click the PUT (SELL) button, its done – the trade is executed. The return on this trade is 90%.
- You’ve now predicted that the currency pair EUR/USD will be lower than the current level of 1.12053 in 5 minutes time.
- After 5 minutes passed, EUR/USD is trading at 1.12012, lower than the price 5 minutes earlier,when you entered the trade. Your trade gets closed by the broker automatically after expiry of 5 minutes.
- Since your prediction was right and EUR/USD is trading lower, your trade is closed for a profit (known as in the money). The profit for a $25 investment with a return of 90% is $22.5 ($25 x 90% = $22.5) which is credited to your broker account almost instantly.
- If your investment amount had have been $100 you would have made a profit of $90 on just this single trade.
- There are different expiry times ranging from 30 seconds to up to 5 minutes in Turbo Trading option.
- And expiry of every 5,10,15 minutes, 1 hour and 1 day , end of day also available with many binary option brokers.
How tough is Binary options trading ? Is it complicated ?
Binary trading is quick , simple to understand and profitable , but at the same time it is too risky. You may lose the invested amount completely. You would have lost $25 in just 5 minutes in the above shown example trade, if you were wrong in your prediction. If EUR/USD would have closed above the strike price 1.12052, you would have lost the trade and your invested amount $25.
Hence it is very important that you manage the risk in binary option trading , in order to be a successful trader and make money.
Binary options trading in Philippines.
“I came across this website while searching for “Binary options Philippines” on Google few days ago. There after I deposited $500 into IQ Option and started trading. Now I am so happy with the trading features and platform of IQ Option.”
* Amount to be credited to account for a successful trade.
NOTE: This article/material is not an investment advice.