Trading foreign currency is done either by automated systems or by highly capitalized institutions and super-hedge funds – both of whom aim to wipe out smaller players the way kids stomp on an ant-hill. Not so in the binary options arena where trade sizes are fixed and small.
Trade Binary Options on Any of the Following Forex Cross Rates
Here are the currently trading forex binary options at my broker:
| Yen/Pound | US Dollar/Canadian Dollar |
| Yen/US Dollar | Euro/US Dollar |
| Yen/Euro | US Dollar/Pound |
| Australian Dollar/US Dollar | US Dollar/Swiss Franc |
Any of the above forex option cross rates can be currently traded commission free.
Other Binary Options Trading – Stocks, Indices, and Foreign Stocks
Other securities on which binary options are presently trading include securities and indices such as:
| BMW | Nasdaq Index |
| DAX Index | Microsoft |
| Volkswagon | General Electric |
| Siemens |
These stocks plus several other well known, highly liquid securities are trading on the binary options exchange every day. Nearly all the binary options have both an hourly expiry binary option or an end of day expiry binary option. Having the options turn over on such short durations makes for a really fast way to make money trading options. Given the way stocks have performed over the last decade plus is it any wonder people are drastically reducing their holding period risk? It’s plainly obvious to me. The way to trade in markets like these is to put yourself in a position to play both sides of the market – i.e. put and call or long and short. If you can’t play the put side of an option trade then you have significant exposure to market downturns…. again, do we need to go over the performance of the market of the last decade again? Good… I didn’t think so.
It’s cheap and easy to open a binary options trading account. One broker charges no commissions on trades and it only takes a hundred bucks to open an account. Last I looked they were even offering a bonus of $100 on a $500 initial deposit. How cool is that when they give you a hundred bucks just for trading with them? From what I understand the bonus cash is still available and can be applicable to new *deposits* as well – not just new *accounts* – so keep your eyes peeled for opportunities like that. Trading with other people’s bonus money is a great way to get your feet wet and learn how to trade with a forex binary option broker.
Find a Forex Binary Option Broker Today
I hope you find great success trading binary options and or forex binary options. It’s quite a bit simpler than your standard options and the yields are still fantastic (60%-75% on the most liquid securities).
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