Home › Forum › Off Topic › Binary todays, Traditional Options and Binary Today
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Trading nowadays has upgraded to the most intriguing and most exciting method to come up in this good earth. You can now do trades using the internet or some software that connects to the internet. This method is called the binary today . It is a type of option where you use certain trading platforms in the website that a broker company owns and the payoff for this is either some fixed amount of an asset you are betting on or even just nothing. This is the newest type of lucrative trading. You just need to predict how the commodity/stock or simply the asset will go to what direction. Just predict that it will either go up or down. It is that really simple to trade with the binary today .
Just how many trading platforms do we use?
There are many types of trading platforms to use but mostly of them came from the basic ones that have been created since the year binary today started: 2008. These types of trading platforms are the classic binary today , the One – Touch and the 60 seconds trading option. These trading platforms are very commonly used by other broker companies. They have other unique trading platforms that they use but most of them are just imitations of the original ones and they just tweaked them up to have a little variety than what the original ones had. With these trading platforms you can predict away the trades in the world with all of the underlying assets that you need.
So why use Trade binary today ?
You would be called stupid if you do not automatically know why we should use it. If you are stupid though well here is your answer: it is for the money. This system is very lucrative and a lot of people would want to get large amounts of money just by predicting it. It is not that simple though because there are ups and downs to this type of trade. If you really work hard though, your work will really pay off a lot. Instead of getting the usual digits from your normal work, this will pay you off where it is almost to the digit where it would signify it is almost to a million already. Instead of getting a hundred dollars per week, you will be getting a thousand dollars per week. That will make you a rich guy at the end of the month. There is a snag though…
What will I lose?
Not your life but you will lose a lot of money if you are not careful. There are times that you just can’t predict what will happen. If you really know how to handle situations like these though then it will not be a big blow to you but if not, you can lose all of your money due to your carelessness. When you tackle this type of business, be sure to have a plan of action and a second plan to get back up if you lose.
Is this regulated by a body or by the government?
Of course it is regulated but it is regulated by a separate group that is not part of any government. This will be regulated because it involves money. There are many groups that monitor and regulated this trading system and these guys know how to handle situations if it gets a bit rough. At first there had been two regulatory bodies which also made a great trading institution ever since the binary today Trading came out. These two regulatory bodies are the CBOE and NADEX. Other regulatory bodies were then born to help out the first two bodies and these are the CYSEC which is short for Cyprus Securities and Exchange Commission since most online broker companies are based in Cyprus, the SEC or Securities and Exchange Commission and the FSA or the Financial Service Authority.
The regulatory bodies make sure that your money is safe in the hands of the online broker companies. If they are not or there are some faulty trading platforms detected by them then these guys will sanction these companies and will have to let them stop do trade for protecting the customer’s assets and finances entrusted to them.