Binary options trading is an innovative and relatively new way to trade on financial markets. From what began as eight websites that offered this type of trading in 2008 has now grown to well over 200 brokers that a binary options investor can trade on. One of the reasons that binary options trading has become so popular is that it is unique in market trading because an investor can profit on a trade whether the price of their asset goes up or down. The trades are also very easy to understand and initiate. One of the nicer things that binary options websites offer to those that trade with them is several different bonus options.
Best Binary Option Bonuses
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Is there such a thing as a no deposit bonus? There are rumors that some binary options brokers do offer this, but if they do it is probably not much at all. For the most part you will have to search long and hard for a broker that actually has such a thing. The reason for that is because bonuses were designed to be an incentive for someone to join a site and commit to trading with that site by making a deposit; having a no deposit bonus would be counterproductive to that type of incentive program.
Types of Bonuses
There are many other types of bonuses that a lot of these web brokers do offer those customers that place trades with them. A majority of the binary options brokers will at least offer their investors a generous signup bonus that can range anywhere from 5% – 100% of the amount of their initial deposit. There are also such bonuses as those for subsequent deposits and many brokers will also give a cash back bonus as a percentage of losing trades in a month. In some cases brokers will offer seasonal or holiday bonuses too. It never hurts a traders feelings when they get a little ‘free money’ to trade with every once in a while.
There are other things that attract people to binary options trading besides bonuses too. For one, there is the convenience that it can be done right from someone’s home or office on their computer. Many brokers also have convenient mobile apps so their customers can trade on the go too. Most websites cater to both new and veteran binary options traders and supply a variety of learning tools to help them.
Bonuses and Trading Platforms
Binary options brokers are also known for having trading platforms that are simple to navigate around and make it very easy to place trades too. The trading platforms give the sites investor’s easy access to all the banking functions that each online broker offers and usually supplies the customers with up to date market information and current economic related news; binary options brokers usually do all they can to keep their clients well informed about financial market happenings.
So although you will have trouble finding a broker that offers a no deposit bonus, you will have no trouble finding a broker that will have all the things you need to become a successful binary options trader.