Choose an asset you understand well or one you’ve researched thoroughly. Knowledge of the asset’s price behavior and key market factors can significantly improve your predictions.
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Underlying Asset: The financial product you’re trading, such as a currency pair like EUR/USD, a commodity like gold, or an index.
One of the first regulators to license binary options brokers. CySEC regulation falls under EU financial laws, offering a solid legal framework for European traders.
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Traders simply decide whether the asset’s price will be above or below the strike price when the trade expires. If the prediction is correct, you receive the fixed payout. If not, you lose your investment for that trade.
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This is when the trade ends and results are determined. Expiry times can vary from as little as 5 seconds or 60 seconds to several hours, days, or even weeks. Choose based on your market analysis and trading strategy.
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South Africa’s regulatory body for non-banking financial services. read more It oversees binary options brokers serving the African market, promoting fair practices.
Trading binary options involves a straightforward decision—will the price go up or click here down? No need for complex strategies or timing exits.
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