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Can you make money by investing in Binary Options?
It all depends. If you practice and develop good system and psychological habits yes, you can. But like with most things in life you have to be passionate about it and learn your way to succeed. We try to help you with this exciting journey ….
Ok, but where to start?
Here are the first steps to success.
- You need to gain a good knowledge. We help you with that. Please check:
- Then practise your strategies of Binary Option on demo accounts. Many brokers offer free demo accounts but you have to make a small deposit or register. If you do not want to register please use that link. This platform offers free demo account with no registration required.You can get the thrill of investing and check what it is all about.
- Beginners may try automatic system offered by robots. We encourage you to learn and make investment decisions by yourself. It’s best to rely on yourself. Nothing will replace your knowledge. If you want to use robots please refer to our list of robots here. At this moment one of the most popular robots is BinaryOptionRobot.
- Remember to open real accounts with licensed Brokers only. It is strongly advised to avoid scam brokers. There are hundreds of binary options brokers on the Internet and this is why it is essential that you read our binary options broker reviews.
How to choose a good and honest broker of binary options?
- Make sure the chosen broker has a license valid in your country of residence.
- Choose what features are the most important for you. Next step is to compare brokers.
- Try to deposit a small amount. After few investments try to withdraw money using your preferred method. This is to make sure if there are no issues with identification which is required for money withdrawal.
Some features you may find important are:
- high fixed payouts
- speed of money withdrawal
- support in your language
- trading hours during weekends
- number of assets
- security of your funds
- minimum deposit
- minimum transaction amount
- mobile platform
- access to free demo
The good place to start is to see these videos. Courtesy of our partner BancDeBinary. The most reliable broker on the market.