Binary options provide an exciting way for speculating in the world financial markets and earning profit quickly, in a matter of minutes. Rather than buying the financial instrument or asset itself like Apple stock or Crude Oil, you are just speculating on which direction either higher or lower that you estimate the asset's value will move by the expiry time which you select.read more
To make profit you just predict the direction the assets price will go: simply up or down. When an option expires, you can be in the money or out of the money. Being In the money means that the trend moved in your favor and you've gained a profit. Being out of the money means it moved against your favor, and you've lost on this trade.read more
Better trades advantage
Euro versus Australian Dollar. Due to its reserves of commodities, the Australian dollar benefits when commodity prices rise and weakens when commodities fall in value. This places the AUD in a favourable position to steer trade away from the Euro, which along with its highly different characteristics, is a main contributing factor for traders wishing to trade the EUR/AUD
Euro versus Great British Pound â€“ The value of this pair is affected most by how the combined Eurozone economies perform compared to the United Kingdom. Better GDP growth, manufacturing output, retail sales, and lower unemployment causes one currency to be stronger than the other. The GBP, often referred to as Sterling, is also influenced by the price of North Sea oil.
Euro versus Japanese Yen â€“ The most important factor affecting this pair is the interest rate differential between Europe and Japan. Relative economic performance also influences how one currency performs against the other. Also, Japan imports most of its oil and so it is affected by changing prices.
How do I get started?
First open an account. Once you’ve opened your account and have gone to the trading platform, choose from one of The Career Link Online Markets' Trading Platforms. From there, it is a simple process.
Select the asset you wish to trade. The Career Link Online Binary offers over 200 global assets to trade, the largest range of assets offered by any binary options broker. Now, enter the expiry time and the amount you wish to trade. The expiration period can range anywhere from 60 seconds to one year, depending on the platform. Single trades can be as little as R15 to as much as R80,000 for regular account members. Keep in mind that you are able to open multiple options and can trade them simultaneously. You can also let us trade for you to minimise the risk.