The Procedure to Get Started Trading
Binary options trading is one of the latest methods of making cash online easily and quickly. It gained popularity ever since its introduction 3 years ago. A binary option is, simply put, a financial contract where a trader can make money by predicting whether a financial asset would go up or down in the future. In this case, the trader would be you and the financial assets could be the market price of large companies or commodities (gold, silver and oil), the value of major currency exchange rates, such as the Euro and US dollar, or the value of a stock market index, like NASDAQ in the US. You have only two options to choose from, so your chances of getting money are 50/50. If you follow the market close enough, your chances would increase even more.
You can get started with binary options trading by signing up with an online brokerage offering this trading facility. Some brokerages would offer binary options trading for free, while others would charge a small initial amount to get started.
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