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One financial instrument that is becoming more and more popular in the forex trading community is the binary option — a flexible way to make a profit off of short-term market volatility. With most types of binary options, you can receive a fixed price payout for essentially betting for or against a specific outcome for a variety of financial assets including: The products below help you take advantage of this new and popular possibility.

We will provide overviews of each of the five trading platforms below and give you an insight into what may be the best binary options investment platform for you. AnyOption receives its financial data from Reuters, a credible and world-famous data source for investors and brokerages across the globe.

Click here to open a Free demo account with AnyOption. Pro Trader and Fast Trader Free demo account. Banc de Binary is another website that allows traders to engage in binary options with two different trading interfaces: Fast Trader and Pro Trader. Fast Trader is the simpler of the two, featuring a basic user interface. Pro Trader has more information at a glance for more advanced decisions. They also offer a free demo account that can help beginners learn the ropes of options trading, as well as become acquainted with the platform itself.

Bbinary offers bonuses based on the amount of deposits a user makes. Bbinary is powered by Spot Option, a popular supplier of online options trading platforms, and receives live financial news from FXStreet. Click here to open a Free demo account with Bbinary. Pro Trader and Fast Trader Easy-to-use interface. This is because TraderXP is powered by the same company as Bbinary. OptionBit is an online options trading platform that promotes its ease-of-use and the variety of binary options types they offer.

They have several methods for withdrawing money, although there is no PayPal support and a withdrawal fee. They also offer 10 currency trading pairs for traders and a very intuitive manner of displaying the binary options that are available for purchase.

Overall, finding the best online binary options trading platform for you involves checking out each source in detail and looking at the key features each platform offers. How well you like the user interface plays a big part in the final decision, but you should also look to bonuses, financial data sources, and other factors which make you feel comfortable with placing your investment in the hands of the broker you choose.

Keep in mind that binary options are created, backed and sold only by the broker that provides them. There is currently no such thing as an open binary options exchange online where traders buy and sell binary options to and from one another. The five binary options platforms should give you a great start on finding the perfect trading platform for your forex options career.

Stay up to date with the financial markets everywhere you go. Pro Trader and Fast Trader Free demo account Banc de Binary is another website that allows traders to engage in binary options with two different trading interfaces: OptionBit also has three different trading methods: Comments 0 comment s Click here to cancel reply. Get the most recent news at your inbox Stay up to date with the financial markets everywhere you go.

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