Binary Deals: 60 Seconds Options

60 Seconds Options

The 60 Seconds Options Platform is one of the newest addition to many binary options broker’s arsenals. This type of option is fast, can be volatile and more closely represents day-trading than actual options trading. You have one minute for your asset to move in the direction you chose. That’s it, that’s as basic as it can be put for 60 Seconds Options. Some of the main ways this type of option differs aside from a lower expiry time are the way the trader applies their investment amount. Regular Binary Options allow you to input any amount but most 60 Seconds Options platforms only allow you to invest in increments that are predefined, usually in $5 amounts.

60 Seconds Options Platform – The Basics

The trader has just one minute for the price to move in his or her favor.
Offers the lowest trade amounts with most brokers listing a minimum $5 trade.
Allows traders to start out small and invest with a lower amount as they learn.
Offers the full spectrum of trading assets offered by the broker.
Allows the trader to take advantage of quick price fluctuations and act accordingly.

Many traders come to 60 Seconds Options as their first method of trading binary. The ability to trade low amounts and on short time frames allows these new traders to really get a feel for not only the trading platform but a particular asset as well. It’s much easier to learn when you can test out your strategies and trading ideas with a $5 trade than jumping into a Regular Binary Option for $25 or a One Touch Option for $50. Low amounts and shorter time frames allow for better diversification and learning process. If you’re looking for a way to start out small and trade with low amounts, 60 Seconds Options are a great place to start. Do your research, pick a broker that works for you and read up on the different types of trading platforms before you go jumping in to anything.