History & Future of Binary Options Trading
Binary Options is considered one of the innovative and great trading and investing mechanism. The idea of binary options is that you can make profits up to 85% on a single trade without actually buying or selling the asset. Now it is possible for any individuals without prior trading experience to start trading. You simply predict the direction of the certain asset (e.g EUR/USD). If your prediction is right, then you make a profit. When you choose put/call option, you make a contract with the binary options broker that certain asset price will go up or down.
First, Binary Options appeared on the financial market in the early 2000s. However, this financial instrument has developed dramatically since then. At the start, there were only a few trading instruments. Thus, there was no much choice to diversify your trades. Also, the payout was much lower and most of the broker only has traditional call/put options. Even, there was no regulations and control of those firms. However, binary options attracted a lot of people that the firms decided to develop their platforms and make it convenient for their clients.
Why companies improve or develop their products or services? The answer is competition. They want to be better over others to attract more clients. This is what happened in the binary options industry. Now, there are hundreds of binary options brokers. However, only 10% of them are reliable and honest. We made top 10 binary options brokers, which offer the best services to their clients.
Nowadays, the brokers provide more than 100+ trading instruments. It is possible to trade currencies, stocks, shares, indices and commodities on a single trading platform. There are no any other financial platforms except binary options, which offer such a wide range of assets. Moreover, these binary firms offer various trading opportunities such as Ladder, Early Close, Rollover, One Touch. These options improve the traders’ experience. If you know how to trade them properly, you can make a considerable amount of money.
The brokers offer educational academy and bonuses to traders. Their educational materials are very helpful for any level of traders. Moreover, they provide private account managers and trading signals. The brokers’ team is very supportive and ready to assist you anytime.
It is important to note that the majority of reputable binary options brokers are regulated now. Check our regulated binary firms. The client funds are insured and deposited in segregated accounts. Trading binary options are absolutely legit business. The individuals can start trading binary options with only 250$ deposits. It means it is accessible for everyone. If we compare stocks and commodity trading, you need minimum 10 000$+ capital, while binary options are very beginner and user-friendly.
What to expect from binary options brokers in the nearly future? It is hard to predict at this point, but they will continue developing their platforms. If we overview their recent achievements, it can be concluded that they will be much more features in the future. They may increase payouts and trading assets. Even, they may develop new trading elements. Many professional traders join the binary options. It is predicted that its popularity will skyrocket.