Binary Options Trading – Honest Reviews, Strategies, and Tutorials

Binary option trading is one of the fastest and easiest ways to make money in the financial markets without prior experience.  Whether you’re just a beginner looking for a second income or an experienced investor, binary options is a great way to diversify your income and generate a positive ROI for your money as quick as possible.

In case you’re unfamiliar with binary options, here’s how it works.  You make money by correctly predicting the movement of a financial asset such as Gold, Wheat, Google, or Amazon.  Your goal is to predict whether the market price of the asset will go UP or DOWN by the time the trade expires.  The expiry times for trades can be anywhere from 60 seconds to 150 days, or anything in between.  There are hundreds of different assets that you can trade from 4 different asset classes which include stocks, commodities, currencies, and indices.

The great thing about binary options is that you can make money regardless of the market condition.  Whether you’re in a bullish or bearish market, it doesn’t matter.

About Binary Options Guru

This site is dedicated to helping both beginner and advanced traders make the most money possible trading binary options.  Our team has put together a large number of lessons, tutorials, and strategy guides to give you all the information you need to be successful.  Here’s some links to the top sections of our site:

  1. Best Binary Option Brokers
  2. Trading Signals
  3. Learning and Education Center (for beginners)
  4. Trading Strategy Guides (for intermediate / advanced traders)

Choosing The Best Binary Option Broker

Before you can start trading binary options, you first need to find a broker.  The broker is the company that supplies you with the trading platform to make trades with, and unfortunately, not all of them are created equal.  Each broker has different features including payouts for winning trades, minimum deposits, selection of assets, deposit/withdrawal policies, and more.

We’ve analyzed and reviewed all of the top binary option brokers on the market to determine which companies were actually worth using and which ones should be avoided.  The list below contains the companies that rated the highest and are recommended for our visitors.

Rank
Company
Payout
Accept USA?
Min. Deposit
Regulated?
More Info
1stockpair85%$200Visit Broker
2empireoption81%$100Visit Broker
3logo85%$100Visit Broker
4ubinary85%$250Visit Broker
524option89%$250Visit Broker
6optionweb85%$200Visit Broker
7traderush81%$200Visit Broker
8goptions90%$200Visit Broker

Here’s a list of binary option brokers by category, to help you find the perfect fit.

Trading Signals

image_signalsThere are various subscription services available that will provide you with trading signals for profitable trades before they happen.  These services will send these signals via email or SMS/text message with information such as (1) Name of Asset (2) Market Direction  (3)  Expiry Time  (4)  Entry Price For Asset.  So once you receive the signals, you just enter the given information with your favorite trading platform and profit.

These subscription services usually have either a sophisticated algorithm or a team of professional traders that are constantly analyzing the financial markets and economic factors that can cause an asset’s price to rise or fall.  They spot opportunities before they happen, and then share the information with you so you can profit along with them.  The success rate for most signal providers are around 70-80%.

See List of Top Rated Binary Option Signal Providers

Trading Strategies

An effective trading strategy in binary options can make all the difference in the world.  Many traders tend to go through trial and error in hopes of finding a winning image_strategiesstrategy that fits every scenario.  Unfortunately, there is no magic bullet or one-size-fits-all solution.  But whether you are a beginner or advanced investor, having some sort of strategy is going to give you a much better chance at success than not having a strategy at all.

We’ve created numerous strategy guides for beginner and advanced traders, to help you learn some techniques that can help you in your journey.

List of All Our Binary Option Strategy Guides

Binary Option Learning Center

To help you better understand how binary options work, we’ve created a learning center on our web site to help you learn the ropes and get started with this type of image_learningtrading.  This section will hopefully answer any questions you may have and help you get started.  These tutorials are written for beginners and newcomers, but even advanced investors may learn a thing or two in our guides.

See All Of Our Binary Option Lessons and Tutorials

{ 7 comments… read them below or add one }

arnold December 7, 2013 at 4:02 pm

My questions are:

1) how many traders overall, in the binary option industry?

2) how can we find out how many traders are registered in a specific BO platform (this is to find out how many competitors we are dealing with)

3) When we hire professional brokers in any trading platform, How can we ensure they do actually trade for us, not for the trading platform?

Reply

David Wilson David Wilson December 10, 2013 at 5:19 pm

Hey Arnold. Here’s the answers to your questions:

(1) I’m honestly not sure how many traders are in the binary option industry, as I don’t have access to that type of data. I’d have to imagine that it’s in the tens of thousands though. Binary Options Trading is becoming increasing popular around the globe including countries like Germany, Russia, China, United States, etc…

(2) With binary options, you’re not competing against other traders. The success of your trades don’t depend on others’ actions. It doesn’t matter if they have 500 traders or 5,000 traders on their platform.

(3) Well, the broker isn’t making the trade on your behalf. Each broker provides you with a trading platform that you can use to execute trades by yourself in real-time. If a company were to somehow scam you, then they wouldn’t be in business very long – as their reputation would be ruined as soon as word got out. There’s many competing binary option brands out there, and being shady to customers is no way to attract new clients. I also have a list of regulated binary option brokers here: http://www.binaryoptionguru.com/regulated-binary-option-brokers/ The companies on that list are currently licensed and regulated.

Reply

Daniel March 26, 2014 at 11:32 am

Hi David,

I am currently reading and learning from your website, before I start trading. I am a beginner. There is one thing I do not get with binary trading: I understand that you somehow bet on an asset through a broker, but, in the case you win your “bet”, who is actually paying you the profit? Is it the broker, or some organisation you are “buying” the asset from?
Is it like going to the bank and saying “OK, I want to buy 100 USD. What is the current rate?” and you pay a rate, which obviously gives some profit to the bank; then you come back later (after 1 minute, 10 minutes, or more) to exchange the 100 USD back with the original currency at another rate, hoping that you are now making profit out of the exchange? Is the image similar? In that case, you would win and make profit by exchanging currencies at the right time.
I assume that binary options is not exactly the same, as losing a bet is actually like giving the whole amount back to the broker, so it is actually either winning about 80% of your bet, or losing it all.

Reply

David Wilson David Wilson March 26, 2014 at 4:41 pm

Daniel,

1. When you win your trade, the broker is the one paying you. Each broker has their own list of assets to trade, their own payout percentages, etc…

2. No, you are not buying an asset low and making a profit by selling it high. You are essentially betting on the market fluctuations, and aren’t actually owning any of the assets that you trade with. So if you invest $100 in Gold, you’ll make 80-90% profit if you can correctly predict if the price of gold will increase or decrease by the time your trade expires. You don’t actually own any of the gold itself. Which is nice, because you can make money regardless of the market conditions.

3. Most brokers offer an average of 85% profit on winning trades. But yes, you lose 100% of your bet if your prediction is wrong (that’s how brokers make their money). BUT, many brokers do offer a 0-15% refund percentage on losing trades.

Reply

Daniel March 27, 2014 at 2:36 pm

Thank you David! That makes sense!
What do you think of the piece of advice given through here: http://yourbinarysystem.com

To me, the given explanations make sense, but what do you think? Would you rely on it, or avoid this method?

Reply

K Rajendran April 8, 2014 at 9:10 am

Dear sirs

After going through EZ trader, my client wishes to withdraw all monies he invested but it is so difficult to withdraw his monies.

Reply

Gregory April 12, 2014 at 8:25 pm

Hello David Wilson. Great job you doing here. From your analysis so far, TopOption seems to be your best broker, but you know trading multiple of assets and high payouts as well as being regulated is far from what a client csn experience when requesting a withdrawal. Please David, am sure you have an account with TopOption and am sure you must have made withdrawals at one time or the other, please can you tell the exact hours or days it takes for your withdrawals to get into your account from the day you request for the withdrawal?

Thanks David

Reply

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