When called upon to decide whether to trade binary options or forex, many investors are left confused at best, or even perplexed at worst, since they feel unable to make a good judgment call on this issue. In reality, however, the choice to make is rather simple since it merely entails each investor indentifying the actual market they are comfortable trading in, the market whose features best suit the trading profile of each individual trader. For example, if you are at home with taking risks and feel comfortable with working and placing your trades in an extremely volatile market, then perhaps the forex market suits you best. Binary options, however, are better suited for and appeal to traders who don't want to invest in a risky, volatile market.
In effect, trading in liquid securities using binary options ensures that you can remain active as a successful trader. Nevertheless, the growing popularity of binary options trading as an investment vehicle is not limited to this reason alone, since there are numerous other advantages to be had, including the following :
· Most reliable binary options sites offer demo accounts. This simply means that, without facing any sort of financial risk, you can have the opportunity to experiment and learn about trading and markets. You only have to begin investing real money, as soon as you feel completely ready and comfortable to do so.
Therefore, one can easily conclude that the increasing popularity of binary options trading is owed exclusively to the many advantages it has and the tremendous opportunities it offers to traders. Binary options trading has recently been revolutionized by the launching of the SpotOption 2.0 platform, which is currently available to customers at beeoptions.
Their innovative new site offers many new features, which are unavailable at other trading platforms. Only beeoptions offers 30 second and 2 minute expiry times, as well as advanced color charts and pairs trading. For more information and to try out these amazing new features, you can visit www.beeoptions.com.
George Milios is the founder of onlineforextrading.net, the binary options and forex news portal which is dedicated to providing you with all the information you need to successfully trade.