The most common type. Traders predict whether the asset price will be higher or lower than the current price at expiration. A correct prediction yields a payout.
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Many platforms allow low minimum deposits and small trade amounts, making it easy for new traders to get started without large capital investments.
Selecting the right broker is one of the most important decisions you’ll make as a binary options trader. A reliable broker not only enhances your trading experience but also helps protect your capital and data. Here are the key factors to consider:
One of the first regulators to license binary options brokers. CySEC regulation falls under EU financial laws, offering a solid legal framework for European traders.
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Traders simply decide whether the asset’s price will be above or below the strike price when the trade expires. If the prediction is correct, you receive the fixed payout. If not, you lose your investment for that trade.
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With expiration times starting from as little as 60 seconds, traders can see fast outcomes and take advantage of short-term market movements.
South Africa’s regulatory body for non-banking financial services. It oversees binary options brokers serving the African market, promoting fair practices.
Why it matters: A broad range of tradable assets gives you more opportunities to diversify and apply different strategies.
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