EZTrader offers US 'betting'by Toya Christie PERFORMING ARTS
The binary option is in essence nothing more than a bet on which way the price of a stock, an index, or a foreign currency will move. Recommended Features
- You can choose up or down and place your bet.
- If you were wrong you still get 5% at EZ Trader and if you were right you win a fixed amount
- You can also buy a binary put option, which works in the opposite way.
- Because they are so simple, requiring only a sense of direction of the price, they are easy to trade and the risk/reward ratio is predetermined when you buy the contract.
- Many traders are turning to binary options to simplify their choices while giving them the chance of good profits.
Review on EZTrader offers US 'betting'Binary Options vs. Forex If youre looking for an easier way to trade the Forex, then you might want to consider using binary options. These are one of the latest ways to trade on the markets, and they have the advantage of being very easy to understand. As you may know, Forex is a massive market that trades 24 hours a day, five days a week. That is one of the reasons it is so popular with traders who may be working a regular job during the day. Another reason that people are attracted to trading Forex is that it allows great leverage of your investment so that you are not limited to profiting by just the few per cent the price may change. Binary options are simple to understand. They can be traded on many different types of financial security, including currency pairs. The cost varies depending on the value and time that the binary option expires, and the nominal payout is typically $100. While you can buy binary options with an expiry date several days away, theyre also available at www.eztrader.com for hourly intraday values. Forex binary options can be bought that allow you to gain up to 75% of your investment in an hour, and all you need is a move in price in the right direction, youre not concerned how many pips it moves. Provided you choose the right direction, then you are assured of a full payout, and the amount of your profit does not depend on the magnitude of the move. If the complexity of modern Forex trading has your head spinning, then you can try straightforward binary option trading on popular currency pairs, and see how well you can predict the market while enjoying a limited downside.
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Created on Jan 28th 2012 14:27. Viewed 752 times.
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