Your Trust is Our Most Important Asset..
This page offers you answers to the most frequently asked questions on binary options that we receive every day. We hope you'll find everything you need and everything that interests you.
I am new to trading and would like to start. Can you give me some advice?
Our best advice is: Always be learning something new. Be it more trading patterns, watching videos of successful traders, going to trading workshops. This FAQ may serve as your inspiration or source of learning materials. Else, we would recommend to Google for "trading tips for beginners".
What is MetaTrader and why do you keep talking about it?
Where does the money that traders earn come from?
It’s simple: From the people that don’t make it.
A little bit more complicated: Let’s say that a broker has 100 traders. 50 of them will choose the exact same option CALL and 50 choose PUT. Everyone invests $10. Broker then has $1000 all together from his 100 traders. Only 50 will be successful, so then the broker has to give 50*$10* profit (for example 80%) = $900, but they are still left with another $100.
Can I start with binary options even though I don’t know much about stock market or Forex?
Sure, you can. Get started by reading our tips for beginners and we also suggest reading some ebooks that can be found on our website, including our own articles.
What is the best "binary option strategy"?
If you are looking for a trading pattern, that will guarantee you great results, then you are wrong. There is no super indicator thanks to which we'd be able to win all of the trades (that would be awesome though.
It is important to learn to analyse the chart and our Technical analysis show can help you with that and always, even though you are sure that your strategy is the best, use your head.
What is the minimum amount of money I can to invest?
Minimum deposit with Trade121 is $30, Minimal amount to trade is then $10.
I’d like to trade binary options. Do I have to be 18 years old?
Yes, if you want to trade binary options you have to be 18 years old. Without confirming your age (ID, for example) you won’t be able to withdraw any of your earnings. If you’re not old enough but are still keen to trade binary options, you have to trade on somebody else's account.
How much can I earn with binary options?
We get asked this question quite a lot, but unfortunately there is no answer to that. How much will you earn trading binary options? That depends completely on you. The amount of your earnings depend on how much time have you spent and how much you have understood particularly on binary options.