Binary Options has become one of the most sought-after online trading systems next only to Forex. It is a very good avenue where one can earn a lot of money in a reasonably short period of time. It has become extremely popular in the United Kingdom lately as one can find a large number of brokers coming up and offering their services to the traders concerned. If you are one of those people who is looking for brokers who either reside in the UK or accept traders from this particular country, then you are perfectly in the right place. Here at OBF, we are pleased to offer you every sort of information that you are looking for top UK Binary Options brokers. We have spent a considerable time in offering the best rate information about the brokerage firm.
Top UK Binary Options Brokers
All trading involves risk. Only risk capital you’re prepared to lose.
Vanilla options – easyMarkets
easyMarkets does not provide binary options, but vanilla options. Vanilla options have similarities with binary options but there are differences as well, which makes it different from binary options. The main differences between these two are payouts, expiry dates, and execution.
Payouts in binary options (if the trader wins) are fixed, whereas with vanilla options the amount has no limit. Vanilla options expiry dates have full flexibility and tailored by the trader, binary options expiries are typically minute or even less. easyMarkets traders can exercise their option with no obligation at any time within the life of the contract, this is not the case for binary traders, who have no option once a contract is entered into.
60 Second Binary Options Brokers UK
With hundreds of different brokers available in the UK market, it is likely that one would come across a large number of fraudulent merchants. If you don’t want to get scammed, it is important that your broker should be a regulated one with good market ratings and great customer reviews. You should be comfortable with the payment methods and make sure that the withdrawal does not take more than 7 days.
In addition to the above, it is important that the broker should have a quality customer service so that any type of trading related queries are thoroughly resolved. The trading platform should include 60-second Binary Options trading and make sure that you don’t face any difficulty in executing trades. Also, make sure the broker offers a demo account which will give you a good practice to get accustomed with the trading platform of the broker concerned.
How to Profit from Binary Options Trading
Like any other type of investment, Binary Options also has its share of profit and losses and one should be prepared for the worst-case scenario. It is important that you should be dedicated and have a proper plan before you proceed to invest money in any asset. It is important to note that you should never invest more than what you can afford. It is so because in the event if you lose, it would have a drastic impact on your overall trading career. You should make use of the different trading tools like stop loss etc because they are very helpful in minimizing losses and keeps the risk at bay. If you are a new broker, make sure that you proceed slowly and don’t get excited. Have a proper planning and it will help you become a successful trader in the Binary Options market.