Why trading with Binary Option Robot is better than Forex Trading?

 

Today, thousands of people are making money online. It is not as easy as some may think it is. It is actually quite difficult as like all businesses, there will be risks involved. Binary options trading and online forex trading have come a long way, but they still need the investment of time and effort to turn them to profitable ventures.

Binary options came after online forex trading, but it is already becoming more popular today. It is already becoming a way of earning an income online today. The leading broker in binary options today is Binary Option Robot. They have proved that it is a legitimate business like any other and it beats online forex trading hands down.

Here we look at the differences between the two trades and show how trading with Binary Option Robot is a better option than trading with forex as a way to make money online.

Get the binary option robot for free by clicking on the button below and learn how you can make money while you sleep!

How is trading with Binary Option Robot better than Forex?

Predetermined risk-reward ratio

When you trade your binary options with Binary Option Robot, you will have predetermined your total loss and your expected profits before the trading takes place. This is because as a trader, you will make your predictions on whether the price of an asset will rise or decline within a specific period and you will have put some money at stake from the trade. The broker will give you a payout before you trade. This means that you will know your profit before the trade is executed. Similarly, you will know how much you will lose should your prediction of your price not come positively. The total loss will not exceed the trade amount that you had staked for the trade.

In forex trading, things are different. Traders cannot adequately project their profits and losses accurately. This is because forex trading works differently. There is no time scale set to determine the outcome of the trade. What will happen is that the trader will wait as long as it takes for the price to rise substantially for him to make a decent profit. If he is waiting for the price to go down so that he can buy, he can only wait for the market to organically produce his results. He cannot predict when his deals will come good and what his profits and losses are likely to be.

Forex Trading

Forex Trading

Predetermined timelines

When trading with Binary Option Robot, you will be sure of the time by which you will have made your profit. This is because all trades in binary options are subject to an expiry period. This period is set by the trader before the trade is executed. With expiry periods being as short as 30 seconds to long-term ones which can go as much as 365 days, a trader will be sure when his profits will come in.

With forex trading, this is not the case. A trader in forex does not have this luxury. When he purchases a currency, he has no idea when he will make his profit. This is because there are no expiry periods in forex trading. What he will do is to wait patiently for the price to come to his favor and then he can sell his asset. If he was holding out t buy an asset which he anticipates will come down inprice, he has no idea when it will or if it will.

Faster Trading

Binary Option Robot has expiry periods as short as 30 seconds. This is the time it will take a trader in binary options to make a profit. Of course he can opt for the longer term options, but if he wanted he would make it as short as less than a minute. What this implies is that there are faster trading opportunities here. If a trade is profitable with the short-term periods, a trader in binary options can opt for a Rollover which means that he can make the same trade over and over again hence maximizing his earnings over a relatively short period.

In forex trading, such quick profits cannot even be anticipated leave alone made. This is because forex trading comes out a lot slower and it may be days or weeks before a trader makes a substantial profit. The only time a forex trader makes a quick profit is if he is fast enough to execute a trade immediately a news item or an event that has the potential to make a major shift of prices and he is at the right place in the right time.

Round the clock Trading Opportunity

Binary Option Robot has no ‘off’ hours; it is always open for business. For every hour of every week of every year, a trader in binary options can make trades at any time he wants. This is because in this business there are always profit-making opportunities. It will not matter to a trader if the exchanges in Tokyo, Hong Kong or Singapore are closed, or that there is a holiday in United Kingdom or in The United States where the London and the New York stock exchanges are closed. Anytime is trading time in binary options. It also means that people with day jobs can moonlight as binary option traders.

In forex trading, 24/7 trading is a pipe dream. Trading in some assets closes for the night and you will not make any substantial investment decisions when the markets are closed. This is another aspect that will make you opt for the binary options other than forex trading.

There is no Buying or Selling Involved

In binary options, trading involves the making of predictions of the movement of the price of an asset within a specific time period. You will stake some money on this prediction and if it goes your way, you are ‘in the money’ and your profit plus your investment is credited to your account instantly. You will realize that there is noplace where the purchase of any assets is mentioned.

In forex trading, you will not be doing any business if you do not make actual purchases. You will have to buy the USD, GBP or the EUR on the cheap and hope for the price to rise so that you can sell and make a profit. Conversely, you will sell the currencies when the price is higher with the hope of buying the back when the price drops. This means you have to buy and sell the actual currency which takes up your trading capital.

Very Small Initial Deposit

To open a trading account with Binary Option Robot, you will need just $250 and you are ready tomake good profits in binary options trading. This low minimum deposit allows even the new traders, or those who do not have a big allocation for investment in the financial market to have a platform where they can trade and make profits.

In forex trading, this is not the case. You will need a lot more money running into the tens of thousands of dollars to make any decent profits. Forex trading is not for everybody, it is for those with huge investment reserves.

Binary Option is easier way of making money than Forex Trading

Binary Option is easier way of making money than Forex Trading

No trading against your broker

When you trade with Binary Options Robot as your broker, there will not come a time when you will be trading against your broker. You will be trading with predictions on the movements of prices of assets. This is for all trades.

With forex, you will very often be having your broker as the party you are trading against; when you lose a trade, the winner is your broker. This is a little discomfiting because this is a case where your broker may be in a situation which can be described as a conflict of interest. Here he is holding your account and he stands to gain when you lose. Seems like a skewed arrangement by all means.

No transaction costs

The main reason why people venture into the financial markets is to have a good return on investment. Any savings on spending money when looking for more will be highly sought as it increases your overall ROI. With Binary Option Robot as your broker, you will not expect any transaction fees charged on your binary options account. This will be for all trades. It will not matter if you had one trade in a trading session or a hundred of them, you will not be charged extra for them.

Transaction costs are rife in forex trading. They can also be quite high. Besides reducing your ROI, they also make a person who wants to make small transactions feel unwelcome. This is because these fees make small trades quite expensive thus uneconomical. These fees alone are a discouragement to small traders to venture into forex trading.

You chose the time of closing before the trade

There will be traders who would like to determine the time to close a trade when it is still active. To most traders this is a good advantage; it is better to choose when a trade closes than to have it hanging when the trade is still active. This is because you can spend the time before the closing to do other things other than spend all your time tracking the trade. You can be planning more profitable trades in that time or even spending time with your loved ones.

With forex trading, you have no option but keep yourself occupied by following the trade and the shifting values so that you do not miss the best time to close. Sometimes you will have to make instant judgments which could benefit your trade or not. Where you will questioning yourself whether this is the right time to close this trade or if you should hold out a little longer is not the right position to be when you are looking out for profits.

Wide range of assets

Binary Option Robot has over 120 different assets that a trader will choose from when he wants to trade. As a trader, you are spoilt for choice because there will never be an instance where you will not find an asset that you can trade with profitably. These assets are also in different types. You could select an asset from the many commodities that this broker supports, you could choose assets from the many stocks of blue-chip companies, you could trade with indices, and yes, you can trade with currencies like you do with forex trading.

The problem with forex trading is that you are restricted to one type of asset which according the name, is just forex. If the forex markets are too volatile and unpredictable, the best thing you can do is keep away from trading until the markets stabilize somewhat. Unlike binary options trading, you cannot switch to a different type of asset which could be doing better in terms of returns when compared to forex. You are stuck to forex for good.

There are no rebates in forex trading

As noted earlier, a good ROI needs you to get savings from whichever source you can. Binary Option Robot offers rebates for all losing trades to all traders in their platform. This means that if you lose a trade, whether you had a trade amount of $10 or $10,000 you will get a small percentage of that as a rebate should you not get the prediction right. This acts as a cushion as you will not fall flat when you lose a trade.

In forex trading, rebates are too rare to consider their likelihood when making the decision to get into this trade. When you lose a trade, you fall hard. It doesn’t matter how much you had invested in but rebates will not be coming your way very easily. You have to regroup without any help from your broker. This in effect makes your ROI quite low.

Free software

The good thing about competition is that prices of products go down as the quality of services goes up. When binary options started to be trades about 9 or so years ago, you had to part with a little fee to open an account with a broker. Intense competition has reversed this. Today, brokers like Binary Option Robot do not charge traders nary a cent. In fact, the software and its use are totally free. All you will need with Binary Option Robot is your deposit. The broker shoulders all the costs of maintaining the software and upgrading it. With this broker being the leading brand in binary options, you will see that this is not about to change any time soon.

With forex trading the opposite is true. The best software in this business cost an arm and a leg. In forex, the software that is reputed to be a great one and a fair one in prices, fees and charges will not be accessible without having to pay cash in the regions of $1000. This is money that goes straight to the software developers. With binary options all this is money that you could have added to your deposit to make handsome profits.

Greater bonuses

Binary options’ trading is still taking its baby steps when compared to the foreign exchange market; it is still under ten years old. As a result, it is always developing with new players getting into the fray every day. It is for this reason that brokers like Binary Option Robot give generous welcoming and other bonuses to their traders as an incentive. This adds up to the funds that they have to trade with which is great for the maximization of profits. This is a good thing and it is not coming to an end very soon.

Forex trading on the other hand is more rigid I its operations. You will not find players joining the business every other day and competition is generally quite low if you compare with the situation with what is happening to binary options trading. With forex there is nothing much to give trading firms and brokers any serious bonuses. If any is offered a new outfit, it will probably attract new traders and a few experienced ones. The market is rather laid back and most traders will find it easier to remain with their service providers than switch to another one on account of small bonuses.

Sign up today and start making

Sign up today and start making

No experience or training needed

Trading the binary options with Binary Option Robot as your broker, you will not require extensive and intensive training to make your trades profitably. You will not require beingan experienced trader to make profits here either. All you need is a desire to make profits with Binary Option Robot is your deposit and a desire to succeed. Anything else is an added advantage and not an essential. Of course there will be training tools when you open an account with this broker. The training will not give you the ability to make profits but it will give you the necessary skills to make you a better trader. The fact that there is a fully automated trading platform here means that your training and experience are needed less and less each day.

To make any profits with forex trading, you need some good training or an extensive orientation. New traders have it worse at forex trading than at binary options. With forex, the trades are so complicated that you really need to have some trading skills before you make your first dollar. With Binary Option Robot, you will make your first profits as you learn your ropes, probably even within hours of opening your account.

Profits will not be determined by the level of change in prices of assets

In binary options, you are aware of your expected profit before you make a trade. You will also be aware that your profit will not be affected by the rate at which the price of an asset will rise or fall. If for example you have an account with Binary Option Robot and you are trading in binary options, and your current asset of choice is gold, whether the profit rises by $.50 or by $5 an ounce, if your payout was pegged at 90% that is what you will receive when the trade expires; no more no less. All youwill need is a shift in the price; even a 1% change in the right direction will give you your full payout.

In forex trading, this is not the case. The rate at which the value of an asset drops or rises is proportional to the profit that you will get. If the price goes your way by 3%, that will be your return for the trade. If it changes by 10% your profits will go up. You can see where the difference comes in.

Better risk management

When you have an account with Binary Option Robot, you will have the ability to manage your risk a lot better than when you are trading in forex. The fact that you already know the maximum level of the funds that you are likely to lose before you make the trade makes all the difference. This is because you can adjust accordingly and make changes to your risk factors before you execute a trade.

With forex, this is not possible. This is because you cannot predict the amount in investment funds that you stand to lose if the trade does not go your way. You will have to wait till the trade becomes inactive before you can tell the full extent of your loss. The only other option is to stop the trade yourself before you make a total loss.

Conclusion

Trading binary options with Binary Option Robot beats trading forex hands down. While forex is still a source of profits for thousands, Binary Option Robot has the ability to raise your profits in a way that is not possible from any other form of financial markets trading. The profits will be more and more frequent, your risk levels will be determined before you make your trade( there are no nasty surprises with Binary Options Robot); your likely profits or any other outcome will be determined before you make the trade.

Get the binary option robot for free by clicking on the button below and learn how you can make money while you sleep!

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References and Further Reading

  1. Autonomous Forex Trading Agents
  2. Short-term predictions in forex trading
  3. A Forex trading system based on a genetic algorithm
  4. Designing a hybrid AI system as a forex trading decision support tool
  5. Emerging Economies and International Financial Centers
  6. Multi-Agent Forex Trading System
  7. A case study on using neural networks to perform technical forecasting of forex
  8. APPLICATION OF NEURAL NETWORK FOR FORECASTING OF EXCHANGE RATES AND FOREX TRADING
  9. Comparative Study of FOREX Trading Systems Built with SVR+GHSOM and Genetic Algorithms Optimization of Technical Indicators
  10. The distribution of first-passage times and durations in FOREX and future markets
  11. Trading volumes and transaction costs in the foreign exchange market: Evidence from daily dollar–yen spot data
  12. Interday foreign exchange trading using linear genetic programming
  13. Forex Trading Using Intermarket Analysis
  14. Evolving Chart Pattern Sensitive Neural Network Based Forex Trading Agents

Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.