Member-only story

How Binary Options Work — Can You Make Money With Binary Options?

Markus
5 min readMar 2, 2020

--

How Binary Options Work:

Binary options are one of the most controversial trading instruments — for a reason:

On the one hand, they are super easy to trade and therefore perfect for beginners.

And they are perfect for traders with small accounts because you can open a binary options account with as little as $250.

But on the other hand, there are some binary options brokers out there that are simply a scam. Most of them are overseas, and when you wire money to them, you’ll never see it again.

So let’s take a closer look at Binary Options and see if they are legit and if you can really make money with binary options.

In this article, you’ll learn…

  • How binary options work
  • Can you really make money with binary options
  • What are the best binary options brokers that are NOT a scam?
  • Are binary options legit?
  • Is binary options trading safe?
  • And what is the best strategy for binary options?

Let’s get started…

How Binary Options Work

Binary options are super easy to understand.

You just need to make a decision if a certain market is above or below a certain price by a certain time.

--

--

Markus
Markus

Written by Markus

Markus is a self-made multi-millionaire who was born in Germany. He came to the US in 2002 with $30,000 in his pocket and a dream to become a successful trader.

No responses yet