How to find a binary option managed account service?

To find a binary option managed account service that you feel comfortable with, you need to look for one that offers a free trial, and that comes recommended. A free trial gives the trader the opportunity to try the services before committing any of their funds.

What is a binary option?

A binary option is a financial product where the parties involved in the transaction are assigned one of two outcomes based on whether the option expires in the money. Binary options depend on the outcome of a "yes or no" proposition, hence the name "binary."

What happens if a binary option expires?

Traders receive a payout if the binary option expires in the money and incur a loss if it expires out of the money. Binary options set a fixed payout and loss amount. Binary options don't allow traders to take a position in the underlying security. Most binary options trading occurs outside the United States.

How do I sign up for a binary trading platform?

Just log in using your Binary.com credentials. No sign-up needed. You’ll find SmartTrader and Binary Bot alongside new platforms like DTrader and Deriv X. Whatever your trading style, we’ve got the platform for you. Trade CFDs, digital options, and multipliers, a new exciting trade type that boosts your potential profits with limited risk.