Does the broker offer a demo account or not? The demo account is an important component in the training program for a serous binary options trader. Proper and systematic use of the demo account can whittle down the time to achieve trading proficiency. The better brokers offer a demo trading account.
Funding: The broker should make it easy, quick and painless to fund the account. Even more importantly, it should be very quick and straightforward to withdraw funds from the trading account. Is trading with the best binary options brokers regulated or overseen by government agencies?
In the United States, some trading in binaries takes place on trading platforms that are regulated by the Securities and Exchange Commission (SEC). For the most part, however, trading in binary options takes place on Internet platforms outside of the jurisdiction of government regulation. This can expose traders to a certain risk for fraud. An example of this type of fraud (many of these frauds have been exposed at the german blog geld nebenbei verdienen) would be when an unscrupulous broker requires the trader to deposit a sum of money to make a trade. This of itself is not fraudulent, but may become so if the option expires out-of-the-money and the trader loses all of his deposit with no rebate returned by the platform operator when one was promised.
It sounds so simple. Make a prediction, make a trade and let the profits roll in. It is simpler than it sounds. In order to be profitable, one must make more accurate predictions than inaccurate prognoses. How does one do that? Most traders rely on two principal forms of analysis to in creating their trading ideas: Fundamental Analysis of the particular asset being evaluated and Technical Analysis of its price and volume history. In performing these analyses, the trader hopes to develop actionable ideas and make profitable trades.
