It’s not a secret that trading Forex is a risky business. The trader can get a series of winning trades, which can be followed by a series of losers or even one big loser reducing to nothing the winners and creating a drawdown out of thin air. There can be a number of reasons for such a scenario, including market shocks and other unexpected market behaviors, human emotions and superficial analysis leading to poor trading decisions, and so much more. All of that leads us to believe that professional FX trading requires a lot of skills and time to perform in-depth analysis and maintain trades.
Still, today’s financial markets have evolved to the point where even novice traders can quickly get themselves up and running with financial assets and start trading those assets with ease and at reduced risk. All of that has become possible thanks to a relatively new type of derivatives – binary options. Unlike conventional financial markets, binary options allow the trader to know their risk and potential profit in advance. Those are fixed things at all times during the lifetime of a binary options – from the moment the trade is open and all the way down to expiration. If you know in advance how much you can win or lose in advance, you can calculate how many winners you need to make a certain amount of money, which leads us to greater control of the situation.
Binary Options with Dotoption – New Opportunities for Retail Traders
Thanks to Dotoption, both beginners and advanced traders can succeed in trading binary options more effectively. For those novice traders who are just getting their feet wet in binary options trading, the company offers free demo accounts allowing them to practice and start feeling more confident before them actually start investing their own money in this type of financial activities. For advanced traders and trading experts, the company offers improved performance of the local trading software coupled with tons of powerful features allowing them to test new strategies, optimize them to make them more efficient than ever.
Binary options are designed to simplify the process of trading all financial markets out there and make it less time-consuming and more enjoyable. With binary options, you don’t have to take into account as many variables as conventional FX traders have to do, which obviously takes the efficiency of market analysis to a whole new level. Simply put, binary options allow to make money without titanic mental efforts. All you have to do is to bet on a certain direction of the next price move, i.e. to bet on whether the price is going to be above or below the current price level on expiration (when the contract expires). By the way you set the expiration manually, which means that you are in charge of the trade you are opening.
If you happen to be right, your correct prediction can make you up to 95% of the invested amount of money. In the worst-case scenario, you cannot lose more than the invested amount, which means you can control your risks at all times.
The good news is, the starting requirements are very low – just $10 is enough to get started with Dotoption. On top of that, new clients can count on an 80% deposit bonus.
If, say, the trader deposits $1000 or more, they get access to a range of exclusive features for VIP clients, including a personal manager.
Another pleasant surprise awaiting those who decide to start trading binary options with Dotoption is that Dotoption happens to be the only company giving their clients that much free binary options – 20 free binary option to trade and profit. The profits generated this way can be withdrawn without limitations.
As for the types of trading accounts, the broker offers a wide range of them, which is a fact confirming that Dotoption is a client-oriented broker seeking to help all kinds of traders succeed in what they do. Those kinds of trading accounts are tailored to various traders, allowing them to enjoy excellent trading conditions for dozens of assets – 40 currency pairs and precious metals. This year, the company is planning to expand the asset index all the way up to 100 assets, including some of the most popular stocks and commodities like crude oil.
Dotoption is a New Successful Project by DaymingGroup LTD
Since Dotoption was launched, it has already won the hearts and minds of thousands of retail traders from all over the world. This became possible due to the right client-oriented approach chosen by the company since day one. That’s why everything the company’s expert team have been doing so far is aimed at improving each and every aspect of trading to make the trader’s results better. The software is intuitive and easy to use. The trading conditions are some of the best in the entire industry. Simply put, everything they do is based on the customers’ real needs and feedback.
The Dotoption brand belongs to DaymingGroup LTD, a successful company with a lot of expertise in launching successful investment solutions based on low risk and high profit potential. By the way, given the mentioned expertise, market observers say that Dotoption has all chances to grown into a real heavyweight and one of the leading binary options brokers in the world.
One of the biggest reason why you should consider trading binary options with Dotoption is that DaymingGroup LTD has come up with a ready-made toolset of tech solutions backing Dotoption and other related projects by DaymingGroup LTD. That is why Dotoption is can also be considered a complex solution for trading binary options effectively.
At this point, Dotoption is in the process of obtaining a CySEC license to confirm the high standards and ambitions the company has set. At the same time, the company is working on trust management solutions of binary options to expand the industry and make it profitable for more people around the world with zero trading experience. This means that the company is planning to introduce new services in the near future.
Other Benefits of Trading Binary Options with Dotoption
Dotoption offers you a comprehensive set of tools, products and services to trade binary options profitably. Moreover, this set is going to be expanded and updated to catch up with the latest tendencies in financial markets. The company’s developer team are planning to make the trading platform more powerful by adding a lot of new and exclusive features.
For now, the software has everything you need to trade binary options. On top of that, the trading platform is available for multiple operating system including the most popular mobile OS – Android and iOS.
Dotoption is not just another platform for trading binary options. This is a whole new solution – something like an online exchange collecting the orders coming from retail traders and external liquidity providers like banks and bigger brokers. This is based on a high-speed data transfer solution loyal to high-frequency trading. To be more specific, Dotoption can handle 25000 orders per second. It is scalable and can be integrated with a number of liquidity providers united into a single liquidity pool allowing traders to get the best price and stable access to the liquidity at all times.
Another benefit to consider is that Dotoption doesn’t set any limitations when it comes to various trading strategies and approaches. Client orders are executed lightning-fast. The company doesn’t interfere with the stream of client orders, and the orders are streamed anonymously to prevent any possibility of manipulating them. The company’s data centers are located in Germany and France. All in all, the company is interested in the client’s success, which is why the company’s experts have been working hard to make Dotoption the best place to trade binary options online.
Getting Started with Dotoption
In order to start trading binary options with Dotoption, first you need to sign up and log in. the process is a piece of cake and can be done in a few clicks. You can even use social login to simplify the process. The only limitation is you should be of legal age to trade binary options, which is 18 years old or elder.
Then you get instant access to your personal area and the software to start trading binary options. You can get your feet wet with the help of a free demo account or to deposit funds into your account and get started right of the bat if you have already traded binary options and don’t need practice.
We hope that trading binary options with Dotoption will get you to financial freedom. This is really possible if you know what you are doing. Be smart, learn and practice daily, and success will come.
