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How to start and what is binary options

What is Binary Options?

Hey there, today we will talk about "What is binary options?" and "How it works?"

So, what is this binary options? Binary Options is one of the variant of Forex. Forex is a trading system. Forex market similar to stock market. As in Stock market we doing same thing in forex.

We buy shares of some company at the present. And we expect some price up in the future of shares. When shares price rise up, we sell shares and make some profit. That is simple...Ah...

In the stock market we are buy company's shares. But in the forex market we buy Currencies. ( Currencies of different countries, USD/JPY/GBP/CHF/AUD/etc ).

  • Differences between Forex market and Stock Market.

Stock Trading 

  1. Trade on the shares of company.
  2. If the price of the shares is Increased, we get the profit.

Forex Trading

  1. Trade on the currency pair..
  2. If the price of currencies increased or decreased, we get the profit.
Now you can understand about forex market. The same thing happens in Binary Options.

  • Differences between Forex and Binary Options.

Forex Trading

  1. No fixed win or lose
  2. No fixed time 
  3. It has spread

Binary Options

  1. Fixed lose or win
  2. Fixed expiry time
  3. No spread
Now we can look at the "How we can start Binary Options? First we need to register in Binary Options broker. I recommend these Binary Options broker for you.

  2. ExpertOption
  3. 24Option
  4. IQ Option
  5. HighLow
If you are newbie for Binary Option I highly recommend ExpertOption or IQ Option for you.

Now let's consider how to trade in IQOption. After you register in IQOption, you can download IQOption trading platform. Download it.

Now install trading platform in your PC or smartphone. Now you can log in trading platform.

After the log, the GUI of platform looks like this.

1. First select the currency pair you like to trade

Click the plus button to choose currency pair.

Now choose your currency pair.

After first time login usually you are in demo account. Now we can consider how to open trade in IQOption.

After choosing currency pair, you need to choose expiry time for trade.
Then select amount of a trade before you open the trade.

Finally to open trade click green BUY button or red SELL button.

Now you ready to make money with BinaryOption. There is much thing to consider before opening a trade. We will learn them to you with upcoming posts. Trading is not easy. Do not trade in real account without knowledge about trading. See you in next post. Thank you for reading.

Learn about Machine Learning
Brain and Multitasking

 Kevin Jason.


  1. Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on( or whataspp number is +22999290178

  2. When it comes to binary trading I will always pick Eric over anyone cause being realistic i have not see anyone with such a genius purpose to serve man kind, i am making profits i used to think was impossible today i own a large farm and a big store and its all from the profits i get using Eric strategy. Contact him via Whatsapp; +44 7766 814249

  3. This information is meaningful and magnificent which you have shared here about the binary options trading brokers. I am impressed by the details that you have shared in this post and It reveals how nicely you understand this subject. I would like to thanks for sharing this article here.


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