Tuesday, 6 March 2018

Pros and cons of trading binary options



Pros
  • Simple to learn, quick to grasp and fun to trade
  • Risk and reward known upfront
  • Not expensive to trade as you aren’t buying the underlying assets
  • High reward payouts – sometimes up to 90% per trade
  • Often bonuses and promotions offered on your deposits
  • No worrying about when to close the options, they close automatically!
  • Trading tools and education provided by brokers to help you master it.
Cons
  • High rewards also mean high risks
  • Some scam brokers permeating the industry – learn more below
  • Odds are always in the brokers favour

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