Benefits of Binary Option Trading
1. Simple to Understand :
Fixed Odds trades are easy to place and understand. With low minimum account opening values and the ability to start placing trades from just £10, Fixed Odds brings the potential to profit from financial markets to a much wider audience.
2. Limited Risks: Your risk (potential loss) is limited to your stake. You know both your potential profit and your liability prior to placing your trade! There is no chance of a ‘margin call’ and you cannot trade with money that you do not have in your account.
3. Sell Your Bet Back Early: You can sell your bet back before expiry. This is useful either if you want to bank profits early or if you want to sell out of a trade that is going against you. You sell back the bet to BetOnMarkets for its current market value and you can then use this for your next opportunity!
4. Trade a Range Of Markets from One Account: Fixed Odds offer convenience with the ability to trade an ever increasing number of markets from just one account. At present you can trade Stock Indices, Currencies Oil, Gold and increasingly individual shares and commodities.
5. Multiple Trade Types to Take Advantage of Different Market Conditions: With Fixed Odds you are not limited to simply ‘Up’ or ‘Down’ bets. This is because you select not only the market you wish to trade but also the way in which you believe the market will behave. You can profit not only from traditional long/short strategies but also from specific types of bet to take advantage of range bound and volatile markets. In fact, there is a bet type for almost every market condition!
6. Tax Free Profits: As fixed odds trading is technically classed as betting, all returns made are tax free! (UK) Apart from the spread there are no other hidden or additional charges. The price you are quoted for your bet is the price you pay. And of course your winnings are just that, your winnings!
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