New Binary Options Site – Learntotradebinaryoptions.net
Launching for 2015, Learn to Trade Binary Options is a new site focused on Binary Options. Our main focus is to share experiences and knowledge to help aspiring binary options traders avoid the many pitfalls that home trading can have. We encourage our members to expose bad brokers, scams and bad advice that is a big problem for the industry.
On the flipside, we area also keen to hear about good experiences and positive reviews so our users can trade with security and safety.
So if you are a newbie trader looking for advice, or a veteran binary options expert who is happy to share their knowledge with a wide audience, please get involved in our community today.
So what are Binary Options?
Wikipedia use this definition to describe Binary Options:
In finance, a binary option is a type of option in which the payoff can take only two possible outcomes, either some fixed monetary amount of some asset or nothing at all (in contrast to ordinary financial options that typically have a continuous spectrum of payoff). The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options (FROs) (on the American Stock Exchange).
When buying a binary option the potential return it offers is certain and known before the purchase is made. Binary options can be bought on virtually any financial product and can be bought in both directions of trade either by buying a “Call”/“Up” option or a “Put”/“Down” option. Binary options are offered against a fixed expiry time.