As a new trader, the first thing you can do to immediately start trading is to find a reliable binary options broker. But what is it exactly? To trade assets from several markets, you’ll need a trading platform. And that’s exactly what binary options brokers are for – to provide you with an avenue to purchase options for certain assets.
What you can find in a binary options broker
Basically, a trading platform is a computer system. It can come in the form of a downloadable software or a web-based platform, and sometimes both. Most traders prefer the web-based platform, since you can readily use it without having to download or run any software. It’s easily accessible through your smartphone’s browser.
Upon landing on an online broker’s platform, the first thing you’ll notice is its trading area. You can readily see the moving assets on the interactive market charts. In addition, the trading types offered by the binary options broker are also displayed for every visitor to see.
Once you’ve decided to trade with a specific online broker, you can look for its Log in or Registration link usually placed at the upper half of the website.
What you can trade with a binary options broker
There are lots of assets you can choose to trade with an online broker. In fact, they are classified into four major markets, namely Currency Pairs, Indices, Stocks, and Commodities. Each of these asset classes have numerous tradable assets listed under them.
Some of the most traded assets include the most popular stocks and currency pairs. Through a reliable binary options broker, you can trade the hottest assets such as the EUR/USD and the stocks from Apple among others. So before signing up for an account, it’s ideal that you check first the asset index of the online broker. The more assets you can trade, the greater your earning opportunities.