Binary Options Small Minimum Trade Size! In 2009, the US-based Nadex exchange created options allowing traders to buy or sell a chance until its expiry. This creates many scenarios, as a trader can exit for less than the total loss or profit.
Binary options are an all-or-nothing option type where you risk a certain amount of capital and lose it or make a fixed return based on whether the underlying asset’s price is above or below (depending on which you pick) a specific price at a particular time. If you are right, you will receive the prescribed payout. If you are wrong, the capital you wagered is lost.
Binary Options Small Minimum Trade Size
Binary options brokers also set minimum and maximum thresholds for their trades. You cannot just trade as much or as little as you want. The trade amounts cater to traders with small to medium-sized accounts. A few brokers offer more flexible trade sizes for account holders with more money, but most binary options traders have modest accounts.
No matter what binary options broker you decide to trade with and how much you choose to invest, it helps to start with demo testing. Demo testing allows you to practice trading in a risk-free environment. This is an important transitional step between learning and trading life with real money. You can keep adding to your account while you demo trade, and by the time you are ready to trade for real, you may have more money to work with than you expected when you first started. So have fun choosing your binary options broker and suitable luck trading!
We recommend you start with CloseOption Broker because they offer a demo account, 10$ binary options, no deposit bonus, a low minimum deposit (5$) & Binary Options Small Minimum Trade Size (1$)!