How to Choose Binary Options Platform

Taking the markets by storm, binary options trading has become a worldwide trading option that succeeds in offering a broad spectrum of individuals the opportunity to invest in the world’s markets. Simple to grasp and easily accessible online, this investing route is appealing to its customers with its “all or nothing” outcome, giving investors the security of knowing exactly what they are in to lose from the off start. Popular as it has become, there are now many binary options online trading platforms for investors to select from. Take note of our tips below, as they offer guidance on how to choose the binary options trading platform best suited to you personally.

Steps:1

Choose a binary options trading platform that offers at least 65-70% returns - One of the many advantages of binary options trading is that the rate of return is determined in advance so the investor is completely aware of what they would earn or lose prior to the expiration of the option. To reap the benefits of a earning with binary options you only need to be in-the-money by 0.001, whether the underlying asset’s movement was great or small. Given this, you should ensure that the binary options trading platform you choose will give offer you the largest prospective payouts so you can maximize your earnings. After all, if you could get more for your money, why wouldn’t you?

Step2:

Trade on a platform that offers a return, even when the outcome is an out-of-the-money result - As frustrating as it is when you are presented with an out-of-the-money result, all may not be lost if you trade with a site that offers investors a payback, even for losing outcomes. There are binary options trading platforms, few that they are, that do offer as much as a 15% return on all out-of-the-money results which is a great advantage to consider when narrowing down different trading platforms choices to suit you.
There is a platform for you here.

Step3:

Choose a trading platform that offers a wide range of assets - With the media being a great tool for investors trading in binary options one can keep up-to-date with news of movements and fluctuations in the main markets. Financial news reports and online figure charts provide a good scope to make backed decisions when making a bet. This said, the wider the options of assets a site has to choose from and the more known that the assets are provide the investor with better ground when all fingers from outside sources are pointing to particular movements. You wouldn’t want to limit yourself to a site that has slim pickings when there are those who can open the doors to a wider and richer choice.

Step4:

Be aware of platforms with excess charges - With money coming in and hopefully not too much going out, the last thing an investor needs from an online binary options platform is additional charges that may be applied for things like depositing money. Look out for a broker that charges no per-trade fees, no commissions, and does not assess excessive profit withdrawal fees.

Step5:

Select a trading platform that has a promising customer service obligation - Whether you’re just a beginner or old-hat at trading binary options, there may be times when you will need advice or support when trading online. Whether it’s technical queries or some simple guidelines, a good customer service team is an important factor when choosing a binary options trading platform and can be an essential piece of the puzzle in smoothing over some lines, making way for some successful returns. Many sites have local help-line numbers for every country they service and may also offer e-mail and live chat as additional contact options.

There is many platform and among them this is the best.

Step6:

Use a trading platform that resources good security measures - Now this is important stuff. For your binary options trading platform to be completely safe for you to use, the most necessary element to look out for is encryption, being sure that it is equipped with 128 bit SSL encryption from a market leading security provider. This acts as your only protection against online theft.

Step7:

It may pay to look at some of the sites that warn against particular platforms which may be running fraudulent businesses. One such is Optimarkets who do not pay out withdrawals. In essence, if you deposit no matter whether your have a win or loss whilst trading, they will not pay you. They are fraudulent so beware.

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History of the Binary System

The Binary System of numeration is the simplest of all positional number systems. The base - or the radix - of the binary system is 2, which means that only two digits - 0 and 1 - may appear in a binary representation of any number. The binary system is of great help in the Nim-like games:Plainim, Nimble, Turning Turtles, Scoring, Northcott's game, etc. More importantly, the binary system underlies modern technology of electronic digital computers. Computer memory comprises small elements that may only be in two states - off/on - that are associated with digits 0 and 1. Such an element is said to represent one bit - binary digit.

The first electronic computer - ENIAC which stood for Electronic Numerical Integrator And Calculator - was built in 1946 at the University of Pennsylvania, but the invention of the binary system dates almost 3 centuries back. Gottfried Wilhelm Leibniz (1646-1716), the co-inventor ofCalculus, published his invention in 1701 in the paper Essay d'une nouvelle science des nombresthat was submitted to the Paris Academy to mark his election to the Academy. However the actual discovery occurred more than 20 years earlier.

According to the Oxford Encyclopedic Dictionary (see Earliest Known Uses of Some of the Words of Mathematics), an entry BINARY ARITHMETIC first appeared in English in 1796 in A Mathematical and Philosophical Dictionary.

Binary numbers are written with only two symbols - 0 and 1. For example, a = 1101. Since symbols 0 and 1 are also a part of the decimal system and in fact of a positional system with any base, there's an ambiguity as to what 1101 actually stands for. To avoid confusion, the base is often written explicitly, like in a = (1101)₂ or b = (1101)₁₀. In the decimal system, 1101 is interpreted as1 thousand 1 hundred 1, which is just a sum of powers of 10 with coefficients that are the digits of the number. More accurately,

(1101)₁₀ = 1·10³ + 1·10² + 0·10 + 1

To represent numbers, the decimal system uses the powers of 10, whereas the binary system uses in a similar manner the powers of 2.

(1101)₂ = 1·2³ + 1·2² + 0·2 + 1

The numbers are different. In fact,

(1101)₂ = 8 + 4 + 1 = 13    ( = (13)₁₀.)

There are several problems with using more than one number system at the same time. Should we read (1101)₂ as 1 thousand 1 hundred 1 in binary? Or, after some mental calculations, just 13 without mentioning the base? The latter possibility is overtaxing and unreasonable: why to use a system other than the decimal in writing while depending on the decimal in speech? The former is inappropriate altogether for etymological reasons. We might say thousand to indicate a 1 in the fourth position from the right regardless of the base of the system in use, but this would conflict with the etymology of the word thousand, and the same is true of the word hundred. Both are related to the base 10 and no other.

In Words of Mathematics we find the following entries:

hundred (numeral): a native English compound. The first element, hund, actually means "ten." It comes from dekt-tom, an extension of the more basic Indo-European root dekm "ten." The second element is from the Old English rad "number", so that hundred means literally the "tens-number" in the sense that it is ten times ten.

and

thousand (numeral): actually an English compound, thus-hund. The first component is related to English thumb and thigh, and means "swollen, large." The Indo-European root is teu- "to swell." Related borrowings from Latin are tumor and tumulus. The second component is the root found in hundred (q.v.), which is based on the Indo-European root dekm-"ten." The literal meaning of thousand is "a swollen or big hundred" because it is ten times a hundred.

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