One of the most attractive features of trading binary options is the risk/reward scenario laid out in front of you before you commit any money. This is by far the fastest way to trade binaries. Anything faster wouldn’t make sense. If you feel like you’re ready to trade in 60 seconds, then you can select a broker from the list below. They all offer this form of trading. It’s imperative that you have a strategy that wins at a high rate. Each of these brokers offer different payout rates, so be sure to take the best one possible.
- Min Deposit: $200 Min Trade: $10 Bonus: up to 100% Access US: Yes Payout: 82% - 300%
- Min Deposit: $250 Min Trade: $24 Bonus: up to 100% Access US: No Payout: 85% - 300%
- Min Deposit: $200 Min Trade: $24 Bonus: up to 100% Access US: No Payout: 85% - 300%
- Min Deposit: $200 Min Trade: $10 Bonus: up to 100% Access US: Yes Payout: 85% - 300%
- Min Deposit: $200 Min Trade: $5 Bonus: up to 100% Access US: Yes Payout: 81% - 300%
Unlike the 15 minute binary option, the 60 second trade presents an opportunity to invest and make money in the fastest amount of time on the web. This fast paced process requires you to be on top of your game. Once you hit the call or put button, there is no turning back. Having a good working idea of how to trade like this will determine your chances of making money. Without preparation and practice you might as well just not bother. Trading this on a demo platform is a must before you risk any capital.
One of the leading providers in this technique is Traderush, who has built quite a reputation on how to help their clients maximize the most out of this trade. This broker offers some of the most competitive payout rates as well. This is an important part of trading any binary trading method. Another nice aspect is having the ability to lower your trade size to $5. Risking less money is a big factor for new traders. There is no sense of risking a lot if you are not comfortable trading.
One of the most important tools in trading Forex on the short term binary market is the MetaTrader chart. This charting package allows you to keep track of each currency available to trade. Using these charts will allow you to find better entries than with the binary platform the broker gives you. The only way to be successful with this form of trading is by having the tools on your side like Metatrader 4.0.
In order for you to maximize your chances of making money this way, try to follow all trends that show up on the charts. No method is full proof, but it will help you visualize a decent setup this way. It’s been said many times over, that sticking with a trend is your best bet.
Most likely, if you’re thinking about trading sixty second options, than you are willing to be more aggressive. As a day trader, you could be done with your day in one minute. Although you may want to trade this style all day, you’re better off mixing it up with the other formats. This will definitely keep your risk down over the long run. We recommend you come up with a good working strategy to allow you the best chances. Approach this with smart money management as well. Don’t just trade to trade either. Get the Demo account below.