As you probably know binary options they may be banned in the European Union in the near future, which may frighten some of you who like this way of investing very much. Therefore, in today's article, I will focus on presenting alternatives that you can use instead of binary options. Personally, I think the idea of banning anything is just stupid because as an adult I have the right to take risks and no one should forbid me - be warned. In any case, we are physically unable to do anything about it and we have to accept the fact that options will most likely be banned in early 2018. Broker IQ Option offers a lot of possible alternatives so I will describe each of them and I hope you choose something from this short list.
Digital options
Something very similar to binary options. We can bet in the short term, and our goal is to determine the level that the price will exceed in the time imposed. The advantage of this type of investment is a profit of up to 900%, which is something unimaginable compared to ordinary binary options where the maximum profit oscillated around 90% (only in some cases). However, let's not assume that we will "smash" 900% of the profit from a particular transaction every time. Usually, you can earn about 120%, which allows us to have more room for maneuver and our effectiveness does not necessarily have to be above 50% to earn money. In my opinion, this is the simplest and most similar to binary options alternative that I advise to consider people who are very attached to short-term investments (I am also in this group)
EDIT: Digits are also considered for bans as derivatives of options. We will find out the outcome of the debates in January 2018.
Forex
Investing in currency markets is not easy, but if you have been operating on binary options for at least a few months and understand what price movement is, what are formations and you can determine the trend, then you have a way out to invest in Forex. To put it simply, your only task is to determine in which direction the price will move in the time you set. So you can open a position at any time and close it at any time. Investments in Forex are not as dynamic as binary options or digital, but they allow for unlimited profit, and in the case of the platform, the maximum loss of 100% of the amount staked, so there is no chance that you will fall into debt because of a missed investment. In my opinion, this is the best alternative for people who do not have time to sit in front of the monitor for several hours and open many positions - you get a signal, open options and wait a few / several days for profit. You have to remember that Forex requires more capital than binary options or digital cameras.
This, of course, does not mean that you have to risk a lot of money. You have the option of limiting the potential loss, so by investing, for example, PLN 2, you can set the maximum loss threshold to 10%, thanks to which you risk really PLN 200. You have a leverage that allows you to multiply the amount you bet several dozen times, so in theory it does not require a large financial outlay - but relying mainly on the lever is risky and it is much safer to just have more money on your account and open positions for higher stakes with limited risk . I know that it is scary in the eyes of some people, but remember what I have just mentioned - by opening a position for PLN 2 and setting a Stop Loss at 10% loss, you risk PLN 200, not PLN 2000. However, if you were to rely on the lever, remember that price fluctuations can cause greater losses.
Cryptocurrencies
The method of investing is basically similar to forex. We also invest long term only on other assets. The problem is that kryptowaluty they react very vigorously to changes and in one moment you can earn several thousand percent of profit and lose everything in the other. So it's definitely worth having some money put in kryptowalutythat are currently trending (Remember to buy when the price is low) and profit from it in the long run. However, you have to be patient because it may be that most of the time, nothing happens on a given asset, however, as I mentioned - at any time the price may shoot in a given direction, giving huge profits or losses. I would like to remind you that you can lose as much as you have invested, so if most of the positions are losing, and one turns out to be a huge success, you will still be a big plus. We also have take profit and stop loss levels, so we can open options for high stakes risking only a few percent of the bet amount. Just like on Forex - we invest PLN 2000, and with SL at 10%, we can lose only PLN 200.
From the new year, I am going to create materials for every group of recipients - so if you decide on digital options, you will find materials for this type of investment - the same applies to investing in forex or cryptocurrencies. I will try to explain in simple language how it all works. I note that binary options they do not have to be banned at all because currently there is only information with reservations regarding this type of investment, but the debate itself will take place in January. However, if you asked me about the chances of binary options, it seems to me that a ban will be imposed because the subject of the option is full of cheating brokers without licenses, which seriously damages reputation.
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