Binary Options Trading Turkey
Binary Options Turkey – Binary Options are a type of derivative trading instrument usually traded as short-term trading. There are many brokers offering Binary Options in Turkey, among which IQ Option is one of the trusted and preferred brokers. IQ Option Turkey offers a higher payout and several payment options. It is a type of derivative trading instrument which offers a higher profit per trade as compared to any other type of financial trading.
The currency market or the currency pairs become quite predictable at different times in a day. The traders place a trade when they find the price direction predictable, and make a profit of up to 95% on their investment. The traders in Turkey trade Binary Options with duration trades typically lasting from 1 minute to 1 hour. Try Binary Options Turkey in a demo account today.
Best Binary Options Broker in Turkey
- A trusted name in the Financial markets.
- Safe and secure way to trade in a transparent trading environment.
- The dependable and friendly customer support.
- Free Demo Trading account for Binary Options trading in Turkey.
- Excellent educational material and advanced trading platform.
- Minimum deposit of just $10, and minimum trade starts with $1.
Binary Options trading in Turkey
Binary Options Trading in Turkey – How to get started?
The binary options trading is the only type of trading instrument where the investment is based on the prediction of the price direction of a specific asset. Traders receive up to 94% return on their investment if the price moves in the predicted direction (In The Money). However, if the price goes in the opposite direction, the trade is unsuccessful and the trader loses the invested amount (Out Of Money). The following explanations will help you understand Binary Options trading. You can get some knowledge about Binary Options Turkey and open a demo trading account after going through this page.
While trading Binary Options in Turkey, the trader selects an underlying asset ( EURUSD, GBPUSD or USDJPY ), then picks CALL option if he expects the asset value to increase at the close of the expiry period, i.e at the end of the minute/ 5 minutes/hour/day/week/month. The trader places a CALL option in case he/she thinks that the asset’s price would surpass the current pricing while the trade is on.
On the other hand, the trader goes for a PUT option in case he/she thinks that the price of the asset would not be higher as compared to the current pricing.
FAQs – Binary Options Trading Turkey
Binary options Turkey – What is Binary Options trading?
While trading Binary Options in Turkey, the trader selects an underlying asset ( EURUSD, GBPUSD, or USDJPY ), then picks the CALL option if he expects the asset value to increase at the close of the expiry period, i.e at the end of the minute/ 5 minutes/hour/day/week/month. The trader places a CALL option in case he/she thinks that the asset’s price would surpass the current pricing while the trade is on.
On the other hand, the trader goes for a PUT option in case he/she thinks that the price of the asset would not be higher as compared to the current pricing.
Binary Options Turkey – What asses can you trade?
Select the underlying asset. You can select from currency pairs (i.e. the GBPUSD, EURUSD ), stocks, indices (i.e. the GER30, NASDAQ, CAC or DAX) or commodities (i.e. Gold, Silver or Crude Oil).
When should the trade expire?
It is you who determines the trade expiry time, find the time when you can predict the market more precisely. Then, predict whether the price will go up or down in 1 minute or 5 minutes, and place the trade accordingly. The trade expiry can be as low as 30 seconds and may last up to one month.
What is the minimum amount for trading Binary Options Turkey?
The trading accounts open with as low as $10 deposit. A binary options trade can start with a minimum $1 investment. Determine the amount you like to invest. You can invest as low as $1 or as much as $10,000 in a single trade. If you invest $10,000 in a single trade and the trade expires in your favor, you get $9,500 return on your investment in 1 minute. But this comes with the risk of losing $10,000 if your prediction is not true.
Hence, you must predict whether the price of the asset rise or falls using all your skills and resources. Decide carefully if the price of your selected asset will rise or fall before the expiry time.
Binary Options Brokers Turkey
Best Binary Options Brokers in Turkey
You can find some industry-leading Binary Options Brokers in Turkey listed here. Open a free demo trading account and start learning. Money management and Risk management are the two important aspects while trading Binary Options. Practice many strategies in your demo trading account and see which one works for you before you trade with real money.
IQ Option – The preferred broker in Turkey for Binary Options
IQ Option is one of the market leading broker with clients from all over the world. You can trade Binary Options starting with 1-minute expiry. IQ Option has earned a distinct position in the financial market for its outstanding trading services and innovative trading features. Check out more details about IQ Option. IQ Option Review
Binary options Turkey – Why do traders from Turkey like binary options?
In this fast-paced world, fast-paced traders look for quick returns on their investments. Here comes the idea of Binary Options, as it gives the trading result starting from 30 seconds to a few hours. Binary Options in Turkey have a potential of up to 92% profit on each trade which lasts as low as 1 minute. The binary options traders must be aware of the risks involved in binary options trading. A trader can lose all his investment in a few seconds, at the same time he can earn up to 92% ( Amount to be credited to account for a successful trade ) return on the investment. Hence traders must learn the importance of trading binary options safely while managing risk.
How does the risk affect binary options trading in Turkey? How do we keep ourselves profitable in Binary options?
- You must not be greedy to risk all or a big portion of our investment in a single trade.
- If you trade with patience and book 5 to 6 winning trades a day, your account of $1000 has the potential to grow into a million over a year.
- You need the right education, training, and tools to achieve this.
- You would enjoy the trading experience as you keep on learning sophisticated analysis and strategy.
Risk Warning
Forex trading, CFD Trading, and Binary Options trading service include products that are traded on margin and/or carry a risk of loss of your deposited funds. These products may not be suitable for all investors. Please ensure that you fully understand the risks involved while trading Forex, CFD, and Binary Options.