DIVERSITY & DIFFERENCE
Welcome to Binary Oz – Trading Binary Options Australia. We are a new Australian based (Perth) company that aims to assist Australian traders to place Binary Options trades with Australian (ASIC) Regulated Binary Options brokers.
We are striving to provide a service to assist beginners, intermediate and advanced traders alike in developing their trading skills and strategies in the Binary Options world. We have a particular interest in helping Australian traders to get set up using web based trading platforms with the best value brokers, provide FREE trading signals to our members, allowing access to FREE resources and to teach Binary Oz approved strategies to use within the Australian Binary Options market.
However, we also cater for any International trader starting out and we can certainly help just about anyone get involved in the Binary Options trading market from scratch. We decided to try and make the introduction into Trading Binary Options a simple process.
The industry is already overflowing with way too much information (and misinformation) with just as many scam websites as authentic ones so we try to narrow it down into a straight forward and basic forward process using only ASIC regulated platforms, cutting all the corners that could potentially damage your experience. We use all the lessons learned from our recent experience in entering into the Binary Options world and we hope to make the transition into trading as simple as possible, as well as making it a fun and rewarding experience.
Our website and blog offers the best Australian brokers, signals, advice, resources, research and strategies. We have done all the research for you to give you a head start in Binary Options and get you on track for a decent introduction into Binary and all that the industry has to offer. We use a straight forward and direct approach to get you up and running.
Firstly, a few basic introductory frequently asked questions are answered below;
What are Binary Options?
Binary Options are predictions on how a certain stock, index, or commodity will do over a certain amount of time. There’s no risk as you’re not buying the asset, just predicting whether the price will rise or fall. Binary Options are simple, quick, and profitable. Binary options are named as such because they only have two possible outcomes: either the forecast is correct or it is not. As a trader, you decide how much you want to invest in the option as there is no fixed price for the option, just fixed return.
Do you think the price of oil will reach $100/barrel in the next hour? By investing in your
forecast, you can make 89% of your investment in under an hour.
Here’s an example:
1. Invest $500 into an asset, example: Oil.
2. Decide if Oil’s price will go up or down within a chosen time frame.
3. Click ‘Call’ or ‘High’ or ‘Buy’. If you’re right and Gold’s price is higher than when you started your trade, you have finished “in the money”, and you’ve just made $445.
How are Binary Options traded?
• Through a Binary Options broker on a website platform or mobile/tablet app.
• Binary – relating to, composed of, or involving two options (outcomes).
• Call Options (price going up) & Put Options (price going down).
Why trade Binary Options?
• Low start-up costs
• Basic computer with internet connection
• Around $200 initial deposits
• Online training material
• User friendly
When to trade Binary Options?
• Different financial markets have different trading hours.
• Forex markets are open 24/5.
• NYSE 09:30 – 16:00 (GMT).
Who can trade Binary Options?
• You need to 18+ years of age.
• All you require to begin is a computer with an internet connection
• You will need some time to commit to learning and trading
• An initial deposit ranging from $10 – $250 to start your account.