| Updated: October 30, 2024Welcome to our Binary Options Academy
You will learn about the following concepts
- What are binary options?
- How to trade binary options?
- Differences between binary and forex trading
- Types of binary options
- Trading with demo and real money accounts
Binary options trading might be considered as a complicated trading instrument by many of you, but we assure you that it isn’t as difficult as you may think. Yes, it is an entirely new experience for many people, but everyone has to start from somewhere, right? Keep in mind that many successful traders have been in your place, so there is a very high chance that in just a few months your trading activities will start generating a nice level of income. However, before going live, you will need to learn a lot.
The information you can find here has been compiled by a team of financial experts who used the best literature that can be found, in order to compress the information and present it to you in an easy-to-understand way. The Beginner section of our tutorial is the ideal starting place for everyone who wants to get familiar with the world of binary option trading.
Of course, we’ve taken into consideration that some of you have never participated in similar trading activities before, so we’ve made sure that all information posted here will be understood even by people who first heard about binary options a few hours ago.
The goal of this first section is to teach you the basics which every successful trader needs to know. We’ll start by introducing you to the general terms used in binary trading, and we strongly advise you to remember the terminology since it is often used in the following articles. We’ll continue by telling you about the general characteristics of binaries, and help you choose a broker and open a demo account. At this point, you’ll have the chance to make your first binary option trade. Although the process isn’t difficult at all, we’ll provide you with a detailed step-by-step guide that thoroughly explores every stage of executing a binary option trade.