Blog 60 Second Binary Options Most people start trading binary options, having one goal in mind: to make money. Trading is may be a hobby for some of us, but to earn extra cash is really the main reason why many people start trading online. The binary options market grew a lot in the past years, thank to the increase of interested and the number of traders.
In the past the fastest way to make money with binary options were the trades with a minimum duration of 15 minutes or more. Luckily SpotOption, the most popular binary options platform introduced the 60 Second Binary Options, somewhere around This quickly became a success and due to the extreme popularity most brokers offer this kind of binary options type.
Best 60 Second Binary Options Brokers Cherrytrade : Accepts traders from the US and worldwide, and offers 5 risk free trades in addition to the deposit bonus. Their service is excellent. CToption : Another US broker that even has 30 second binary options in addition to the 60 seconds and longer period options.
Important Aspects First of all you should sign up to a recommended broker site and test the demo account first. You should get used to the platform and interface of the site before starting a real money trade.
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You should find out how much is the minimum trade, before joining a broker site. You no longer have to wait minutes or hours to win money.
However make sure you fully understand that this is also a really fast way to lose your money. Therefore you should first play around with the demo account to see if your strategies are good enough for this fast paced binary options trading version.