Specificity of the market related to binary options trading

Specialists working with binary options, remember that the situation has changed dramatically in the last few years. About 5 years ago, there were many brokers offering services, and the number of such sites was not even hundreds, but thousands.



Tightening the requirements for trading
Approximately after 2015, a picture of tightening of rules and requirements is observed everywhere. Some people call it simply “market overheating,” while others see it as a logical solution. This segment should really be subject to control, regulation. The legislative framework is tightening, but these are not the only changes. There are also specialized sites that allow you to study information in detail, very scrupulously. So, in a matter of minutes you will be able to learn everything about 24option and other sites, as well as if you want to leave your feedback. Experts believe that today there are no more than 20% of such sites, which were actively functioning about 5-10 years ago. Features:

• The legal basis for the activity is changing. But this is due not only to the need to control the specifics of activities, but also to prevent money laundering.
• Such processes can partly be called natural, because only real “sharks of business” remain, so the risk of running into scammers today is significantly lower.
• You can focus not only on the numerous standards of performance evaluation, but also by simply looking at the rating, which was formed by independent users.

The risk will always be present.
Despite the “clean-up of the market”, there will always be risk when trading binary options. Start choosing a suitable site is rather with those brokers who confidently enter the top 20 or in the top 10. Yes, it is unlikely to be possible to find sites where there would not be a single negative review, but it is worth assessing their relationship with each other. In addition,

• Sometimes, to attract attention, such brokers offer bonuses, additional credits to the account.
• In some cases, it will be possible to earn on the affiliate program, attracting customers.
• There is also mobile trading, which greatly simplifies the work.

To this it is worth adding spread indicators and a variety of tools. Sometimes the tools are very modest and affect only the most popular areas: cryptocurrencies, stocks, indices, currency pairs.

In addition to purely technical indicators, the specifics of communication with traders are also taken into account. Some of them complain that when registering and providing their contact details, advertising information literally falls on them, prompting them to immediately start trading, replenish the account, etc. Of course, often the effects of such increased broker activity will be the opposite.