Binary options in Indonesia
Financial instruments like stock options and binary options are major driving forces in Indonesia financial market today. Binary options carry a high level of risks along with a high return on investment, which is up to 95% . Trading binary options is about predicting the price of an asset ( Forex pair or Stock) at a given point of time. In binary options you earn up to 95% return on your investment for a correct prediction regarding price movement of an asset. For an incorrect prediction about price movement , you lose all the money invested in that trade. Binary options trading has seen exponential growth all over the world and Indonesia is not an exception to it. Many traders in Indonesia have accepted binary options trading as an additional way to make money.Because of its simplicity binary options in Indonesia is growing in leaps and bounds.
For binary options trading in Indonesia, all you need is a computer with internet or a smart phone with internet. The reach of computer into every house hold along with high speed internet in Indonesia has made it quite common for people to trade binary options. The instinct to learn some thing new and intelligence level of people in Indonesia make them more successful in binary options trading compared to people from other parts of the world.
There are regulated binary options brokers with strict compliance with European regulators like MiFID, CySEC and FCA provide trading service in Indonesia. Some brokers even provide local support to their customers.
|Broker Name||Bonus||Special Feature||Review||Visit Site|
|No Bonus. High payouts on major assets.||Regulated Broker. Up to 91% payout. Same day withdrawal.|
|up to 250$||Regulated Broker. Up to 90% payout. Withdrawal in upto 3 days.|
|100 % Bonus||CySEC regulated. 85% payout.||Check review|
|up to 100%||Regulated. 85% Payout.||Check review|
|up to 100%||Binary Options Robot compatible with regulated brokers.||Check review|
|up to 100%||Regulated in more than 30 countries. 85% Payout.|
How to start trading Binary options in Indonesia
The reasons why binary options became so popular worldwide are mainly due to the fact that they are easy to understand, highly profitable. Any one with $100 can start trading binary options, and he need not learn any complex trading procedures. A computer or smart phone with internet connection with some basic knowledge of binary options trading is all that is required.
1. Open an account with a binary broker
As your first step towards trading binary options in Indonesia, you will need to select a binary options broker to start trading. Selecting the right broker is very important since the beginning. Hence we strongly recommend to select a regulated broker that has been in operation for at least a few years without any adverse reputation. A few minute search on internet can help you find any scam or issue related to a broker.
Some of the regulated brokers are so confident about their service standards and trading platform that they allow you to open an unlimited demo trading account for free. There is no obligation to open and deposit money to avail free demo trading account. Hence it is always better to try their trading platform on a demo trading account.
To start trading on real money you will need to make your first deposit into your account. The minimum first deposit amount varies from $10 to $500 depending on the brokers. After you make your first deposit into your account , it will be fully activated and you will be able to start trading on your live account.
2. Selecting an Asset to trade
Now that you have either a real account with real money or a demo account with virtual money. It’s time to choose the asset to trade. One of the best things about binary options trading is that using the same platform you can trade so many different assets. You can trade : Currency pairs, stocks, Commodities etc. Initially it is better to trade the asset you are familiar with in a demo trading account. Don’t be in hurry to trade in a real account with out gaining good experience in a demo trading account. The market is always full of opportunities, you will get so many trading opportunities . Hence practice a lot on demo trading account with your favorite asset and gain the required skill and knowledge.
3. Predict the price movement
Binary options trading has an fixed entry and expiry time for every trade. You have to predict whether the assets price will go up or down than the present price at expiry time. You may select 1 min , 2 min, 5 min , 1 hour or 1 day as your trade expiry time. Try to get conversant with some simple technical analysis and charts . Always track your trading history and try to learn what went wrong in your trade.
4. Decide the amount to invest
Deciding an amount to invest in a trade seems like a simple thing , but it is actually most important part in binary options trading which requires good understanding. You should not invest more than you can afford to lose. You should never invest more than 5 % of your capital in any single trade. The reason behind this is to protect your capital in case the trade goes wrong. Since it is impossible to win 100% of the trades , you must adopt a good money management strategy to stay profitable.
If you have $100 in your trading account and put the whole amount in a trade, then you lose all your money and out of market. But if it were $5 , then you can trade so many times to recover the lost $5 and make some profit. Trading a big portion of your account in any single trade develops an urge for gambling in you, which must be avoided all the time.