How to Trade Binary Options in Binarium

How to Trade Binary Options in Binarium


Trade on Binarium

How to Trade Binary Options in Binarium
Trade is a financial instrument that provides a fixed payout if the prediction of the asset price at the expiry time is correct. Place trades based on whether you believe the price of the asset will be higher or lower than the initial. All you need to do is to choose an asset and predict its price dynamics for a selected period. If the trade is successful, you earn the fixed payout (in-the-money). If at the end of the trade the asset price remains at the same level, your investment is credited back to your account with no profit. If the assets dynamics were predicted incorrectly, you lose the amount of your investment (out-of-the-money), yet without risking all of your capital.


How to open a trade on Binarium?


Opening a Trade

1. Trading is an activity that lets you earn money on price fluctuations of different assets. In this case, you will receive 85% of profit if, when the trade expires, the chart will still be moving in the correct direction.

How to Trade Binary Options in Binarium

2. Set the investment amount at $50. The amount of investments in one trade cant be less than $1, €1, A$1, ₽60 or ₴25.

How to Trade Binary Options in Binarium

3. Select The Expiration Time. It determines the moment when the trade is over and you find out if you made a profit.

Binarium offers two types of trades: short-term trades with an expiration time of no more than 5 minutes and trades that last from 5 minutes to 3 months.

How to Trade Binary Options in Binarium

4. Look at the chart and decide where it will go next: Up or Down. The chart shows how the price of an asset changes. If you expect the value of the asset to increase, click the green Call button. To bet on the price decrease, click the red Put button.

How to Trade Binary Options in Binarium

5. Congratulations! Your trade was successful.

Now wait for the trade to close to find out whether your forecast was correct. If it was, the amount of your investment plus the profit from the asset would be added to your balance. If your forecast was incorrect – the investment would not be returned.

How to Trade Binary Options in Binarium

Call and Put

When you predict a Put or High option, you assume that the value of the asset compared to the opening price will fall. A Call or Low option means that you suppose the value of an asset will rise.


Quote

Quote relates to the price of an asset at a particular moment. For you as a trader quotes at the trade start (opening price) and end (expiry rate) are particularly important.

Binarium quotes are provided by Leverate, a company with a sound reputation of the market leader.


Maximum trade amount

$10,000, €10,000, A$10,000, ₽600,000 or ₴250,000. The number of active trades with maximum investment is limited to 20.


Expiry rate

The expiry rate is the value of the financial asset at the moment of trade expiration. It may be lower, higher or equal to the opening price. The compliance between the expiry rate and the traders prediction defines the profit.
 

Trade history

Review your trades in the History section. Access it either from the left menu of the terminal or the dropdown menu in the upper right corner by clicking on the user profile and selecting the Trading history section.


How can I monitor my active trades?

Trade progress is displayed in the asset chart and the History section (in the left menu). The platform allows you to work with 4 charts at once.


Conclusion

The Binarium trading interface is simple. That doesn’t mean that you shouldn’t practice. But here is the great thing about Binarium. You can open a demo account and perfect your skills. Have fun, click here and there, get to know Binarium platform features. It will help you to avoid unnecessary mistakes when you start real trading.

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Source: Binarium Blog - binariumblog.com | How to Trade Binary Options in Binarium - https://binariumblog.com/how-to-trade-binary-options-in-binarium-100733
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