Despite being a relatively new concept, binary options trading has been increasing in popularity ever since it was created. This system of trade is fairly simple, which is what surely adds to its popularity among those who want to gain profit. Binary options traders are different, from those who do it as a part-time “job” or even a hobby, to those who make serious money through it. Also, there are those who do not know much about the market, its trends and the trading itself, and those who are the experts on the matter, whether because of their educational background or the experience in this field. Whichever group of traders you may belong to, it is important to choose a broker that suits your needs and skills.
One of the brokers suitable for almost anyone is 24option. They provide with a wide range of features, both paid and free. In addition to standard features offered by them as a broker, they are also rich in learning materials available to everyone. If you belong to the group of traders who is not yet experienced in trading binary options, this may be the perfect broker for you, for several reasons.
First of all, this website offers many materials intended for the beginners to learn about binary options trading. Even though this method of trade is very simple, it is important to know that, if you rely purely on luck, it resembles more a game of roulette than the actual trading. Those who gain knowledge on the methods and strategies of trading, following trends and analyzing the market have much higher chances of making the correct guess and thus earn money instead of losing it. This is why 24option is very suitable for those who want to learn more about binary options – they offer a step-by-step guide to binary trading on their website, which is useful for beginners together with the FAQ page. Then, you can find a free downloadable e-book and an interactive book on the website, without having to create an account. In addition, there are very comprehensive video materials, divided into different categories, as well as webinars – where you can follow the lectures in real-time, ask questions and get answers straight away.
If you decide you want to test your knowledge, you have an option of creating a free 24option demo account, where you will not be asked to pay for anything or deposit any funds, but the trading is done with virtual money or credits. This is ideal for those who have the theoretical knowledge, but they are not yet ready and confident to invest real money in binary options trading.
Another feature, leading you to the next level of trade, is not completely free, but it is free if you decide to register and place your first deposit. 24options provides its users with binary signals which become available on the platform upon placing the first deposit for trading. They are generated by software and occasionally controlled by human experts, which makes them reliable and trustworthy for the traders.