You have surely heard talking about binary options and the possibilities they offer to investors to generate benefits of more than 170% in a few minutes, well, here we would like to explain to you a bit more about how the binary option market works on the Internet, and for that we will explain a couple of basic concepts which you have to take into account when you begin to invest with different binary option strategies.
The way binary options work is very simple. Different binary option brokers like EmpireOption will allow you to choose among more than 250 different assets on which you can make your investments and therefore generate more benefits and enlarge the return of your investment with the easiest asset you can see at the time.
Among the 250 assets you can find at EmpireOption there are different market indexes such as Dow Jones, Nasdaq or markets from other countries; you will also find the most important raw materials such as gold, silver, coffee and a great number of shares from business you will have to follow to be able to opt, to make your investments in binary options in an asset or another financial asset.
Now, how does the binary option market works?
To begin to operate with binary options you will have to know that you won’t be buying the assets directly, but that you will actually be "betting" for the value than an asset will reach at an appointed time. This means that if you select an asset and choose that its value will rise at the time of expiration and you get it right, you will be enlarging your benefits by 170%, that is, you will be earning 70% or more than what you bid.
Let’s see an example so it’s a lot easier to understand how this works.
If you have already registered at the binary option broker at EmpireOption, which is the one we recommend you to use when doing binary options online, you will find a list of financial assets in which you make your investments, in this case we have chosen a raw material, GOLD.
Let’s suppose that right now the value of GOLD is of 1781,400 dollars and that the time of expiration closes in 30 minutes. Well, during that time and with the help of graphics that the binary option platform offers us we will have to opt to invest our money on the value of GOLD rising or decreasing below 1781,400 by the time of expiration which is in 30 minutes. We only have this two options, bid that the value will be higher (call) or bid that it will be lower (put).
If we select that the value of gold will be higher, then we only have to select CALL and invest the amount of money we would like, for example, 1000 dollars, to the fact that in 30 minutes its value will be higher than 1781,400 dollars, if we would like to choose the opposite and think that it’s value will be lower than that number, then we will have to choose PUT and bid the amount of money we would like to that raw material.
After these simple steps we only have to wait for the option to expire and if by the time of expiration, the value of the share was the same as what we chose we will have won a minimum of 70% more than our benefits.
We say minimum because thanks to EmpireOption we will have the possibility to earn more than 70% in some cases, over some financial assets and concrete dates, being EmpireOption the only platform to offer this.
Go on, you can enter EmpireOption from here and start operating with binary options besides you will have the help of live support through phone, chat and e-mail.
Register at EmpireOption to operate.