Which binary options news help traders make profitable transactions
All modern traders interested in binary options can be divided into the following groups:
Participants in online trading who have no doubt that binary options is a real financial instrument, inextricably linked with the global economy. They are sure that the brokerage company really brings their money to the relevant markets.
Traders who perceive binary options as a tool for deceiving unsuspecting subjects of online trading. Many of them believe that betting options should be prohibited and never be used with such names as “financial assets”, “online trading tools” or “highly profitable investment objects”.
Users who understand that binary options are 90% a tool for bookmakers, but some reputable trading platforms provide the opportunity to conclude transactions using binary options news.
What every beginner trader should know about binary options
When deciding on the possibility of using options as a tool for making a profit, it is necessary to carefully study the available information about them, and also to find out how experienced traders relate to binary options.
In 2018, one of the most respected regulators of financial markets, ESMA banned all operations with binary options in the EU, arguing its decision with a huge number of complaints not only about the instrument in question, but also to brokers who provide access to binary options. Every three months they extend their ban, sometimes introducing minor “concessions”. Some financial analysts argue that all this is done for a particular company, which in 2019-2020. will become a legitimate monopolist in the industry. But these are only rumors, so far no one is going to prove or disprove the presented version.
In Israel, a trader can get a real prison term for trading binary options.
In some countries, binary options have lost the status of financial instruments, and all operations with them are carried out in bookmakers.
Experts argue that the options under consideration are the most risky objects for investment.
The absence of legislation governing the trading of binary options negatively affects the attitude of ordinary traders towards them.
Today, no one dares to predict the future fate of binary options, considering them as a full-fledged financial instrument.
The situation in the binary options market
If we analyze the important events of the 1st quarter of 2019 related to binary options, we can distinguish the following points:
Exchange (real binary options) remain the “monopoly” of American brokers (they can’t enter the European market, and for Asian or African countries, binary options are not of particular interest).
Serious brokerage companies continue to leave the Russian market, for example, the world-famous trading platform Olymp Trade has ceased to register new participants since March this year.
Some analysts say that binary options continue to be in demand, as evidenced by the new Grand Capital project (a separate trading platform is being created that will specialize only in binary options operations). But on the other hand, is it possible to consider the fact of the reorganization of the company as a “development” of the market, as a result of which two platforms appeared – one for working on Forex and the other for binary options trading?
You should not expect any serious changes in the binary options market until the relevant laws are adopted. Today, it is unlikely that anyone will risk investing large sums of money even in the most promising projects.
How binary options news affects trader profits
Despite the fact that many brokers offer to use their services for conducting operations with binary options, only a small percentage of companies operate using real economic / financial indicators. Being on the resource of a broker demonstrating various charts, signals, forecasts, etc., it is necessary to remember that very often they lure traders with fake indicators. This allows them to work on the principle of a bookmaker, without fear of serious, well-reasoned allegations of fraud. Even if a trader studies forecasts on other resources and, after noticing serious discrepancies, turns to the service administration, they will be told for a long time that all analytical information is “tied” to a certain period of time, different indicators can be used to make forecasts, etc. In extreme cases, such a “fighter for justice” expects account lockout.
The main news of binary options that affect their value belong to the following groups:
Interest rate, inflation and retail sales. The presented economic indicators allow us to determine the “behavior” of the national currency in the near future. For example, a high inflation rate indicates that the value of the national currency will decline in relation to the dollar, euro, etc.
The business activity index (its increase) guarantees the strengthening of the national currency exchange rate.
Any legislative acts aimed at the legalization and free circulation of cryptocurrencies immediately affect the value of bitcoin and other digital coins.
Given the fact that to make a profit using binary options, it is enough to determine only the direction of changes in the value of the asset, then the above parameters are quite enough for profitable operations.
