Binary options are a great way for a trader to make a great return, without putting up a lot of capital. Traditional brokerages require minimum funding of $500 or more, and at least $2000 for a margin account. Then they charge you at least $10 per trade, and by the time you pay commissions its very difficult to make a profit with a small account.
Binary options accounts are the opposite. An account can be funded with as little as $100, and there are no commissions on trades. A trader with a winning trade can make up to 80%, no matter how far in the money the trade is. You can imagine how quickly profits can add up with a few winning trades. If you are looking for the most efficient way to trade with a small account, look no further than binary options.
The reason there are no transaction costs is because binary options contracts are not traded on secondary markets amongst third parties. They are only a contract agreement between the trader and the broker. Without third party traders and institutions, it allows for binary options to offer one of the highest average payout percentage of any trading instrument currently on the market. The brokerage makes money when the contract does not expire in the money but if an option trader has a winning strategy the return potential is enormous.
Tradorax is the best binary option broker to trade with. They make account funding very easy, have extremely low funding requirements, and have some of the highest payouts in the industry. They are one of the larger brokers by far in the world. They are also very reputable and we trust their customer service department to satisfy trader needs.
To open an account with Tradorax sign up below: