What Are Binary Options? 

The binary options business is not just one of the best investments, it is one of the fastest and easiest ways to make money. If you approach the business wisely, you can really achieve this. The basic concept behind binary options trading is that you bet on the outcome of a binary event.

A binary option is a specific type of investment, where you have to predict the direction of price movement over a set period of time in order to make a profit.

The profit is fixed, you do not have to guess how much you will earn. Before you make a deal, you will see what percentage of the contract price is profit. Usually it is 60% and more. It depends on the conditions offered by the broker and the percentage.

Types of Options

The truth is that as binary options develop, there are more and more contracts. Beginners are advised to start with the most classic and clear ones. Here are some of them:

  • «Call» Option - By entering into this option, the trader can make a profit, if the expiry price is higher than the strike price;
  • A «Put» option will make a profit if the price is below the strike price;
  • «One Touch» Option - A type of option with a predetermined direction and level. The profit is credited when it is reached in the agreed time frame;
  • «Ladder»- A type of option with one level above the other. As the price reaches each successive level, the profit percentage increases;
  • «Range» - a type of option where the trader needs to predict whether the price will stay within or go out of the specified corridor;
  • «Pairs» - consists of two assets. The price of the first is the reference price in relation to the second. 

All options are also divided into expiry dates.

Expiration time is the period between the opening and closing of the trade.

Thus, the following types are distinguished:

  • A turbo option is a type of binary option with an expiry time between 30 and 300 seconds;
  • Intraday or medium term options, usually have an expiry time of a few minutes to 1 day;
  • Long term - expiry from 1 day to several months.

It is useful to know the terms related to binary options, you should not enter into trading without knowing the elementary concepts:

1. Quote - the value of the asset;
2. Strike Price - The value of the asset at the time of the trade;
3. Strike Price - The value of the asset at the time of the trade.

The main advantage of binary options contracts is that they offer the highest risk reward potential. They also offer higher chances of success for small investments with low risk. 

How do I make a profit on binary options?

To make a profit, you need to invest something. Binary options is not a virtual market, but a real market and in financial markets money is made out of money, not out of thin air. The higher your account balance is on the platform and the higher the stake you make, the more profitable binary options will be. But there is a risk of losing your bet, and you should always keep that in mind. In other words, if your prediction is wrong, you will lose the amount you bought the option for.

Popular markets for binary options trading
Popular markets for binary options trading

First, you need to learn the basics of analysis, not just guessing, but making an informed bet. There are 2 basic types of analysis:

  • Fundamental analysis is a way of analyzing an asset by studying the economic situation. The brokerage platform that you choose will have news feeds and an economic calendar that will tell you what news can affect a particular asset (often the currency) and how much it can affect it.
  • Technical Analysis - a method of forecasting the future behavior of an asset's price based on past performance. The price of an asset almost always repeats its past movements. Therefore, this method is very effective and popular. Various indicators are used for the technical analysis, and also manually build certain figures.

For this purpose you will find many tools on the broker's platform, such as line, candlestick and bar charts. There are also handy indicators, the most popular ones are RSI, MACD, Bollinger Bands, etc. With the help of these tools, you can determine the trend, which is an important part of the analysis, as well as possible reversal points. This will help you to make the right decisions and predict the price movements as accurately as possible.

A trend is a pronounced movement of the price of an asset in one direction. We distinguish between bullish and bearish trends. The first is when the price is moving upwards, the second when it is moving downwards.

So, binary options are futures contracts (fixed term) where you do not buy the asset itself, but you contract for the rise or fall in the value of the asset. To make money, you have to choose an asset, analyze it and decide whether the price will rise or fall at a certain point in time (one minute, 10 minutes, an hour...), which you decide for yourself. Pretty simple, isn't it? Moreover, the broker can give you some bonuses, which you can use in your work, more about it.

Choose from a variety of assets to trade
Choose from a variety of assets to trade

What are Binary Options Bonuses

Bonuses for binary options are becoming so common that it should come as no surprise to any reputable broker to offer potential customers some form of promotion or bonus offer. Of course, it is for this reason that almost all large binary options brokers have integrated the bonus culture into their own trading platforms, especially in recent times. Essentially, they offer a means by which their customer base can grow, making their services more profitable overall.

Take advantage of your bonus
Take advantage of your bonus

There are many bonuses available on the trading platforms offered by brokers.

The reason why many investors and traders do not take full advantage of the binary options bonuses that are available to them is that they are unaware of these bonuses. Traders can earn an extra amount of money by taking advantage of these bonuses, the main thing is to do it wisely and watch the terms and conditions of the bonus carefully. Such brokers will never run out of clients because those who use their platform are likely to return to them again and again because of the many facilities they offer.

A successful trader in the binary options market should use these bonuses to increase their income.

What are binary options bonuses, and how can they help me? Many traders find these bonuses very useful. This is because they can be used to quickly increase your profits on every trade that you take part in. As long as you use them wisely, you can really maximize the amount of deposit you can earn at such brokerages.

Types of Binary Option Bonuses

You can request a promotional offer directly from the broker, or find out more about them on the blog or newsfeed on their website. It's important to find out about these offers because they can help you get started. There are many kinds of bonuses - here are some examples of bonuses a broker can give you:

  • The main type of bonus is a welcome bonus, at the time of the initial deposit a certain amount is credited to the client's account. And the bigger the deposit amount, the bigger the bonus (as a percentage ratio, the bonus can reach 120% of the deposited money).
  • Bonus for further deposits. Is a logical continuation of the previous bonus, at the next deposit of money to the trading account the client receives up to 50% of the deposited amount. 
  • A very interesting offer within the broker's bonus program are risk-free trades. Thus, the broker offers a full refund on the first trades that turn out to be unprofitable and, in the event of success, all profits remain at the trader's disposal. Depending on the broker and the status of the trading account, the number of insured trades may vary (usually the first 1-3 trades are insured).
  • Bonuses for keeping funds with brokers. Some brokers profit from the fact that traders keep their money in their trading accounts - the brokers use this money in their own investments, thus increasing their own income. Such brokers very often offer their clients a small percentage for keeping the funds. As long as a trader has funds on his trading balance, they act as an investment amount. The higher the amount, the higher percentage of passive profit the trader receives.

Before depositing with a broker with good bonuses, you should make sure you are dealing with a decent operator. Check if the broker has a license to operate, how long the company has been in existence and reviews of it.

Use your promo code on the platform
Use your promo code on the platform

Binary options - no deposit bonus

You can also get a binary options 100 no deposit bonus.  Not many brokers can afford such bonuses, which is very convenient for beginners. But be sure to read the terms and conditions of the bonus.

The essence of this bonus is that right after registration you get some bonus sum. Having made a certain trading turnover, these funds become real and can be withdrawn.

You can only get a 100 no deposit bonuses in binary options once. Very importantly, if you create two or more accounts, the broker has the right to block all existing accounts, as such bonus can be received only once. Only traders who have NOT yet funded or verified their trading account can get this bonus. That is, traders who do not have a real account with the broker.

If a beginner does not have the money to fund his account or does not want to take the risk yet, he can take advantage of the wonderful service of 100 no deposit bonus in binary options, which many binary options brokers have now.

How to start trading binary options and get no-deposit bonus in Malaysia?

It's easy to start trading and earning binary options 100 no deposit bonus in Malaysia because the rules are quite simple. First, you have to register with an online broker. Then follow the system's instructions to activate your account. You will usually be prompted to enter your trading username and password and confirm the activation. Once you have completed the process, you will now be able to make trades using your broker.

Register on the platform
Register on the platform

Demo account

To avoid risking your real money, try out our demo account first. There is no need to be in a hurry. You should devote enough time to such training.

It is important to know how to choose the best trading platform to maximize your binary options trading opportunities. If you are new to trading, it is important to choose a trading platform that you can master easily. You can find out more about the platform by using a demo account for your first experience.

Choose the level of your profile on the platform
Choose the level of your profile on the platform

It is important to understand how the system works to ensure that you trade with the appropriate mindset. You need to be realistic about your goals.

By opening a demo account, you will be able to assess your existing trading strengths and weaknesses, as well as your own strategy and trading method for trading options.

You will be trading with virtual money on a demo account, it is not real money, and you will not be able to withdraw profit from it. That said, it's a great way to gain the experience you need without the risk of losing your money.

Brokerage Account

As soon as you start to get positive results, move on to real money. Depositing the amount requested by the broker, or more, is up to you. Your no deposit bonus promo code should be entered before or during registration, depending on the platform. So be careful when you fill out the form, and do not miss your bonus!

Top up your deposit and get a great bonus
Top up your deposit and get a great bonus

Try to follow the rules of risk management.

For example, betting more than five percent of your deposit on a single event is not recommended by experienced gamblers - it is the maximum risk allowed. Start with small bets and keep your trades until you achieve a win, you can do it!

You have to be disciplined to be able to devote enough time to analyzing information and making wise decisions.

Use your broker's mobile app to make trading convenient and as efficient as possible. You will also be able to follow the news and quotes you need, allowing you to make quick decisions about your trades.

Good luck in trading!

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