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We have realized there are many binary websites offering poor information about binary options and more important, about binary brokers. Brokers themselves also claim to be the “leader”, the “best software” or the “quickest withdrawal”. This is why Fair Binary Options New Zealand offers only accurate information about brokers, platforms and financial news that affect trading results. If you are new in binary trading world, first thing is to choose the right binary broker for trading. In Fair Binary options reviews you can find out everything there is to know. You can do so simply by visiting our list of trusted brokers and choosing one for yourself.
Binary options are financial instruments that allow traders to trade on the financial movement of an underlying asset. They are different than Forex because traders are not taking any ownership over trading assets, they are just attempting prediction of assets value in specific time frame. Binary options are the simplest way of trading with different assets. There are just two possible directions that are available with binary options – Call (Up) or Put (Down). When a trader choose the direction of underlying asset, he will instantly know what will be the percentage of potential profit. Binary options have become one of the fastest and easiest way to trade because the percentage of payout is extremely high. Most brokers usually offer payout rates that rank from 75-91%.
Traders can choose to trade between stocks, commodities, indices or variety of currency pairs. Each broker offers different types of assets. Great thing about binary options is that traders are not limited to trade with assets that are available on their location. Traders can trade with any underlying asset from anywhere in the world. The difference is just that assets available for trading depend on their local time. For example, if you want to trade with Japanese yen, you will trade according to Asian Market time zone.
Because of expiry times feature, binary options are different than other trading options. The secret of profits in binary options is succeeding to accurately predict the movement of the asset’s value in certain time frame. To begin trading with a binary broker, after depositing investment, trader will have to choose which assets he wants to trade and define expiry times. There are a lot of available expiry times in binary options that can be used by traders. Expiry times are sorted into three main groups:
We can say that short expiry times are mathematically harder to predict than longer expiration times and because of this, they have higher percentage of winning rate. When trading with contracts that have longer expiry time period, we can say that prediction will be much easier and accurate. Of course, it is important to use right expiry time with different assets. Most of inexperienced traders are not aware that choosing the right expiry time will enhance their winning odds. Traders should choose those binary brokers that offer most flexible expiry times. Most of the trustworthy and serious brokers offer wide selection of trading expiration dates.
There are many types of trading options that can be used while trading:
Many traders don’t know much about choosing the right trading option. This decision is one of the most important steps in binary options trading. For new traders it is easiest to use High/Low options. High/Low or Call and Put trade requires one of two possibilities: whether the price of the asset will grow or fall. If trader predicts that asset’s value will rise he will select Call, if he thinks that the price of the asset will fall, he will select Put.
Next type of binary options is One Touch Options trading. This trading option is for more experienced traders as it requires prediction of specific value of the asset. For example, if the value of the GBP/EUR is 1.4500 at the moment, broker gives traders two specific options: Call Option that the price of the asset will reach 1.4600 once during next week, or Put Option: that value of specific asset will fall and reach 1.3800 once in that same week. If you have traded one of the options and reached specific value, you have won and made profit! One touch can offer super high returns of up to 750%.
No Touch options have the same philosophy like One Touch, only difference is that selected asset must not reach specific value in the selected expiry time period.
Binary options are ideal for traders without any trading experience because they are not complex like Forex. There are many new traders joining the world of binary options and investing their money but losing the first trade. To avoid this scenario, we would like to recommend what a trader should do if he doesn’t have trading experience.
Firstly, read about binary options, brokers, expiry times and deposits. There are many educational materials you can find out before you start trading. System of binary options is pretty easy – you invest certain amount of money on specific asset in specific time frame and you try to predict whether its value is going to rise or fall.
But, before investing your real funds we recommend opening a demo account with a broker. There are many binary brokers offering free demo accounts for their traders that can be used for learning and acquiring experience. There are brokers that offer completely free demo accounts – they don’t request a deposit, and there are binary brokers that require registration and depositing first. Free or not, demo accounts are good to try before starting the real trading. They can help you learn about the trading platform, available expiry times, available trading assets and many other things.
Most of the brokers offer tutorials and a lot of educational materials such as presentations, video tutorials, e-books, online webinars, economic calendars etc. All this can help you learn and become experienced and successful binary trader.
We have found a lot of premium brokers that offer high quality education so don’t hesitate to use them. Learn about the chart signals, market volatility, minimizing risks and avoiding your emotions interfere with your trades. All this combined together will teach you how to recognize trading pattern and it will make you more selfsecured. Brokers that offer top quality education materials are: Banc de Binary, Tradorax, 24option, RBoptions, Cherry Trade, Bloombex etc.
Many things have changed since 2008 when the story with binary options has started. Today we have less time and more commitments in our lives. Because of technical development technology has made a few steps forward and made binary trading available on our smartphones. Binary trading can be followed and traded from any place in the world. If you are person with busy schedule – download binary trading software on your tablet or smartphone and save your time. Mobile trading is available with most binary brokers on the market. Many brokers have developed trading software for Androids and iPhones that is available on Google Play and App Store, usually free of charge. You can also get binary auto trading software on your smartphone and trade or check your trading history from any place you want.
The main idea of Fair Binary Options portal is to bring most accurate information about each binary broker on the market. We wanted to make a safe place for all traders so they can have the best binary trading experience without any scams and possible frauds. We are collecting brokerage companies from all over the world so our traders have wide market reach. Traders can choose to trade with different types of brokers.
This portal also recommends certain binary auto trading robots for those traders who don’t have time to trade binary options manually. Auto trading has become very popular in the last few years and it is definitely useful for traders who don’t have trading experience with binary options. We recommend robots to inexperienced traders because this is the best way to learn and get experience about binary options and trading methods.
Auto robots offer trustworthy binary brokers, binary signals and many great trading features. Main purpose of auto trading robot is to receive binary signals from signal providers and use them on trader’s behalf, when the best market opportunity comes by.
There are binary robots that are free of charge, including binary signals, and there are also binary software for which traders have to pay certain amount of money. We recommend traders to carefully read our detailed reviews and choose only trusted and recommended brokers and tested auto trading robots. There is always possibility of getting scammed, so we want to avoid that by writing about as many binary brokers and robot software reviews as possible. Traders can find a section about Auto trading robots where we have updated new reviews of robots that have passed our security tests.
There are thousands of brokerage companies available for trading on the market and the number of brokers is increasing rapidly. Because of this, we wanted to point out there are many scam brokers lurking so traders should be careful when choosing the right broker. There are brokers that are regulated by main regulatory body of that country. Usually, regulated brokers have high security standards and trader’s funds are segregated to special accounts where they are safe. New Zealand’s regulatory body is called Financial Markets Authority (FMA) and it regulates binary industry for New Zealand from May 2011. All brokers that want to operate in New Zealand have to obtain a licence in order to operate legally.