Binary options trading is not a small, revolutionary investment channel available only from a few online platforms. Several binary trading platforms for operators have emerged this year with white labeling capabilities. So it looks like we are going to see many more binary options trading sites come out of the woodwork within the near future. Now that binary options have shifted from being a small, new investment tool to a widely accessible online trading phenomenon, what does that mean for the everyday trader?
A lot more options trading websites to choose from
This might be either a great thing or a nasty thing, depending on the kind of binary options trader you are. In case you just like the feeling of walking down an enormous supermarket aisle and having a choice from over 50 different tomato sauces, then the longer term looks bright for you. It looks as if in a really short time, you’ll have a wide variety of websites to select from to open your binary options account. And nobody is stopping you from opening a couple of.
More competition, better binary options offers
Everyone knows the essential laws of supply and demand. Competition causes businesses to try new ways to draw customers by lowering prices, improving quality and developing new products and services. You might find yourself comparing binary options accounts sign up deals and registering where you get the most effective offer. So keep your eyes peeled for monetary bonuses offered together together with your first binary options deposit. Who knows, other offers like welcome bonuses and loyalty schemes could also creep their way into this niche.
More underlying assets
Could or not it’s that options trading sites will start working extra hard to add new underlying assets to their portfolio in order to top their competitors? This could be a very interesting development and definitely a plus for traders looking to widen their investment activities. Only time will tell but let’s be optimistic about this one. As of today, most options trading websites will allow you to buy binary options on indices from all over the world like Dow Jones, Nasdaq, CAC and the FTSE 100. Other tradable underlying assets include currency pairs like AUD/USD, EUR/GBP and USD/JPY, commodities corresponding to gold, silver, copper and oil. Last but not least, there are stocks equivalent to Morgan Stanley, Check Point and Apple.
We already saw anyoption.com add 28 new underlying assets to its offering within the second half of 2009. The newest binary options underlying assets to be added were the stocks Turkcell (NYSE) and McDonald’s and the index ISE 30 Future. Before these additions, anyoption.com added 11 other stocks to its options portfolio: Akbank Turk, BBVA, British Petroleum, CheckPoint, Deutsche Bank, HSBC, Isbank, Nike Inc, Royal Bank of Scotland (RBS), Vodafone and Volkswagen. These additions were on top of the Malaysian indices KLSE and Jakarta, the German indices MDAX and TECDAX.
So you could possibly say that the online binary option scene is led by anyoption.com, an all-proprietary digital options trading platform. Using unique algorithms, the platform can support online trading services at any time on a wide range of options like indices options, forex options, commodity options and currency pairs. Fixed return options on this website pay out 65-71% if the options expires in-the-money and 15% if the option expires out-of-the-money. Anyoption.com is out there in English, Turkish, Spanish, Arabic and German, which provides it an international appeal and transactions are accepted in all currencies.
Higher return rates
It is usually a possibility that options trading sites will start offering more attractive return rates on certain Call and Put trades to be able to snatch new users. Other benefits like a wider variety of payment options and features like cell phone access are also forecasted to emerge once the market is more saturated.