Today Forex market gives numerous opportunities of getting stable profit. Trade on binary options is one of most popular variants.
How Profitable are Binary Options for Forex Traders?
Owing to simple management and easy access any person, even without a specialized knowledge, as, for example, in independent trade of other market assets, can quickly earn rather big sums on binary options. Everything you need is to indicate price behaviour at the moment of contract expiry in the contract on your chosen asset, be it a currency pair, gold, oil, stocks, etc.
For example, if you have indicated that price will reach or exceed the indicated value at a certain time, and it happens so, you will get profit. If you have indicated that price, on the contrary, will not reach a certain value or will go down at the moment of expiry – you will get profit. There are variants of getting profit from indicating whether or not the price of your chosen asset will remain in a certain corridor, whether ot not it will touch the previously indicated level, etc.
Therefore, by not trading directly, you get profit only for the fact that your predictions on binary options prove true. Otherwise, you lose no more than the sum of the contract. To compare, traders’ loss from trading other asset at Forex is unlimited and can “drain” the entire deposit at once.
These days, the best terms on trading options seem to be offered by the first Russian broker of binary options IQ Option, which specializes in providing high-quality services on work with this instrument of financial markets. The company has recently offered an unprecedented opportunity of quicker and simpler earning by means of participation in unique tournaments of turbo options.
Tournaments of Turbo Options: Quickest Profit at Forex
“Turbo options are high-speed binary options with expiry time from 1 to 3 minutes,” says a representative of IQ Option in the interview to the “Market Leader”, “a short trading session allows quick testing of the chosen strategy and making money on sudden fluctuations of quotations. In other words, you earn as much as on standard binary options, but spend much less time on this – up to one minute.
But there is more. Our company has developed a unique tournament for those, who trade on turbo options. Its advantage is the fact that you can not only get profit thirty minutes before the option, but also money from IQ Option if you take one from prize-winning places in 30 minutes.
The goal of a trader in every competition, sometimes held several times per day, is make most money on tournament balance. Every tournament starts at the time set beforehand, аnd a starting deposit on a contest account usually amounts to 5 dollars. However, there are tournaments with free participation. At the same time, the sum in paid competitions is written off from a trader’s account, аnd 90% of the payment is transfered into the prize fund of the tournament.”
According to the interviewee of the “Market Leader”, a guaranteed prize fund in a standard tournament amounts to 500 dollars. However, it can be increased if a number of participants exceeds 111 people. All traders start on equal terms and with the same tournament balance of 1,000 dollars. Standard tournament, as a rule, lasts thirty minutes, аnd a list of winners is sorted in a descending order of sums on tournament accounts.
The unique feature of tournaments in IQ Option is the fact that any trader can register directly during the tournament; what is more, if a tournament balance is over, and its time has not yet expired, you can pay for participation one more time, and the balance will be updated (this is called a re-buy).
Winners get the means won in the tournament into their trading accounts, so, for 5 dollars you can get into your account much more money than during an ordinary trading day. For more details about all tournaments of turbo options refer to the official web site of IQ Option company, section “Tournaments”.
Benefits of Working with IQ Option
“All our clients, including contestants, get the exclusive trading platform of IQ Option for working with classic and superfast binary options,” admits the representative of the broker, “developed by leading IT-specialists, traders, and analytics, it is most convenient instrument for effective trade of binary options. The terminal is ideal not only for professional, but also for beginning traders.
The platform includes classical and turbo options on numerous assets: currency pairs, stocks, indexes, precious metals, etc. It also includes Bitcoin Index, which enables work at any time, even at the weekend. At the same time, it is available on desktop computers, laptops, pocket Pcs, as well as mobile devices.
Functions of IQ Option are rather wide; they allow traders to manage risks, thus regulating the size of profitability and return of means at any point. In addition, as long as you work with options, you know beforehand how much you can lose or what profit you can get even before signing a deal.
“By the way, profitability of traders, users of IQ Option, can reach 92% for one deal, which is the highest at the market. At the same time,” explain in the company, “the level of your profit does not depend on sums of invested means and on final difference in prices; whereas threshold of the entry amounts to 10 dollars only.
A great advantage of work on IQ Option is handy, intuitively clear interface of the platform, as well as presence of various ways of communication with specialists of support service, namely, telephone, personal profile, and online chat. Besides, before starting real trade beginners have an opportunity to try their hand on demo accounts and use progressive analytic service of the company, including recommendations of professional traders, leading stock analytics, and financial experts, as well as trading signals.
We also provide our own studying programs, particularly, webinars, video, and text materials, which will tell and show how to work on binary options effectively and with minimal risks.” For more details about these and many other features of work with the first Russian broker of binary options read the article “IQ Option Presents New Platform for Binary Options”.
“By cooperating with our company, you get unique opportunities for easy, convenient, safe, and maximally profitable work on binary options. Work, which will allow you to get financial independence in any point around the globe at any convenient time with full-scale support of our specialists on any questions,” concluded the representative of IQ Option.
Don’t say that you work; show what you have earned. (Thomas Robert Dewar)
