Binary Options Bonus Codes 2016
In recent years the interest in binary options has increased dramatically, and today many of the key players on the CFD, as well as in the bookmaker industry, have started to offer binary options trading along with many other products. One of the reasons for the increased popularity of binary options (binaries, or binary betting) is that the particular investment form makes it possible to invest in foreign currencies, stock markets or commodities within a short timeline, but without necessarily having much knowledge about the financial markets.
Furthermore, binary options differs from most financial markets by not selling and buying “real-life” assets, but rather by betting on the movement of the market. This makes binary options more like gambling than investing in some respects, but with lower risks compared to, for example, CFD forex trading, where a dramatic movement on the markets can lose the investor more money than is present in the investor’s account.
The increasing success of binary options has also meant increased competition between an increasing number of binary options brokers; which has resulted in it being cheaper for you to get starting trading binary options by using binary options brokers’ bonus codes. Here you will find some of the best offers on the Internet from some of the best binary options brokers out there.
What are binary options?
When investing in a commodity, a stock or a currency, you need to find an investment form that suits you. If you are a safe long-term investor, traditional stocks or bonds bought through the bank are probably the right investment form for you. But if you are into gearing and hedging, CFDs (contracts for difference) and spread betting are probably more up your alley. However, in recent years, CFDs and spread betting have encountered competition from binary options. There are several differences between CFDs, spread betting and binary options, but a major difference is that with CFDs and spread betting you can earn and lose as much as the market wants you to (remember your stop loses); but binary options is more like betting. A binary options bet is an agreement between a broker and an investor about the direction of the market in a pre-agreed timeframe, such as the movement between the currencies pair EUR/USD in the next, say, 60 seconds. If you lose the bet you lose your money (or some of it); and if you win, you win a pre-agreed amount. In may ways binary options is more similar to betting at a bookmaker than to investing.
When identifying the right binary options brokers for you, you have to compare the odds – or payout if you like – in order to find the best possibility of earning money on your binary trading. Before finding the right binary options broker, it might be a good idea to visit some brokers and examine their odds on the different investment possibilities that you are interested in. (E.g., if you are looking to bet on EUR/USD in a 60-second timeframe, see what kind of deal you can get from the different brokers.)
In the same way as is normal for regular bookmakers, binary options brokers might try to tweak the odds. Since a bookie and a binary options broker are both making a living out of gambling, the bookie/binary options broker might seek to tweak the odds in order to encourage betting or investing on one result over another, thereby balancing the risk of losses for the “house”. As the odds will not always represent the true percentages of an outcome, it is important to compare the odds/payout the different binary options brokers offer on the same market/event.
What makes a good binary options broker?
Of course there are good and less-good brokers out there, and one of the main tasks when you start gambling on binary options is naturally to find a binary options broker that suits your needs.
Regulated by a trusted authority
First of all, it is important to find a broker that you trust, and you will make a good start by relying on the rules and regulations set by the national authorities. Europe has laws regarding binary options, and things that are illegal in relation to binary options. The binary options market is not yet as regulated as CFDs, but brokers are still members of the FCA or CySec. The only binary options broker regulated by the FCA in UK is ETX binary, but others, including some of the strongest brokers on the binary options market, are regulated by CySEC.
Payout percentage is important.
One of the main aspects of identifying the right binary broker for your bets is the payout that the different binary options brokers offer. In binary options trading, the broker offers a fixed payout if your bets succeed (e.g., if the BP stock rises, the odds would be, let’s say, 2/1) in the same way as a bookie does (e.g. if Southampton wins over Liverpool at odds of 2/1).
The binary options market is a relatively unregulated market. Many brokers are not regulated, which does not mean that the broker is no good, but nevertheless it might cause some difficulties. A good way to secure your investments and make sure that you get a fair treatment is to use one of the few FCA-regulated brokers such as ETX Binary, or use one of the largest binary options brokers on the market.
According to the their traffic, the three largest binary options brokers on the market are (measured by the traffic to the site in early 2015, data source SimilarWeb):
- anyoption had nine million visitors in January 2015. The platform is especially popular in Spain, Turkey, Germany, Norway and the Netherlands.
- 24Options is another market leader. The platform had eight million visitors in January 2015. 24Options is very popular in Italy and Japan.
- Banc de Binary had about 5.5 million visitors in January 2015. The platform is most popular in Canada, Saudi Arabia and Germany.
- The platform has about two million visitors in January 2015. It is very popular in Italy.
Binary options brokers with mobile apps
The following binary options brokers offer mobile apps for smartphones and tablets:
- ETX Binary