A ForexMinute spokesman regarding Binary Options stated, “Binary Options is a category of trading that involves traders trading with an online broker
London, UK (PRWEB) June 06, 2013
ForexMinute, a pioneer in providing Forex updates now brings the latest Binary Options updates for traders. The binary options are a preferred investment tool for many investors. They are not only beneficial but also offer exclusive features.
A ForexMinute spokesman regarding Binary Options stated, “Binary Options is a category of trading that involves traders trading with an online broker. In the process, a trader purchases a contract with two possible outcomes. One being in-the-money and the other being out-of-the-money. These two outcomes are determined by the trader correctly predicting which direction (higher or lower) the underlying asset will expire. In the past, a binary options contract was very complex, being traded Over the Counter (OTC) in an illiquid, unregulated market.”
Moreover, with Binary Options, the online financial trading has gone to the next level. There are numerous advantages of Binary Options like, they are quite simple and all a trader needs to do is to select a Call, choose the amount to be invested and select an expiry time. Above all, trading Binary Options involves limited risk and the traders can diversify their investment portfolio. Also, it gives an option to trade on asset from a variety of markets around the world.
Traders can alter their methods of trading according to the market they prefer to trade at any given time. They can also get an option to hedge their trades when trading Binary Options. ForexMinute provides updates on some of the well-known Binary Option brokers like uBinary, 24option, TraderXP, OptiMarkets, SetOption, Redwood Options, Dragon Options to name few.
ForexMinute is the world’s leading Forex news website, providing investors all the required tools to become a top class Forex trader. The ForexMinute.com team offers global investors an array of resources, including financial news by the minute, fundamental analysis, technical analysis, Forex tools and much more. The aim of ForexMinute is to provide investors the leading Forex education tools, so they can visit their leading Forex portal whenever it suits them.
For more information, visit http://www.forexminute.com or call +1 800 758 5780
You can have the ForexMinute newsletter delivered to you each trading day. Simply sign up today. You will be kept up to date on the latest market action. It's free and simple -http://www.forexminute.com/newsletter