Global Market Hours and Binary Options Trading

In 24-hour period, there are many markets worldwide open for trading Binary Options and each of them opens different time frames. For instance, Australian markets are closed during normal trading hours in the American markets. This means, the American markets are unable to react instantly to probable market-changing events in Australia until the Australian reopens, and vice versa.

Due to markets and assets that traders select online, there will be distinctive overlap hours as well as peak hours for optimal chances to win profits. Individual trader has full right to decide when being the optimal time to execute a Binary Options Trade. Everything is up to them.

Market Hours

In order to aid you in deciding the best time to trade, we offer an overview of different tradable markets hours as of below.

Global Foreign Exchange Trading Hours (GMT)

When To Trade Binary Options?

Binary Options trading can be done any time of the day, but notice that different markets offer different trading sessions. Marketing opening and overlapping hours are the two most significant factors when evaluating potential effects of new events, which you should add notices into Binary Options strategy.

There are four major foreign exchange markets, including New York, London, Tokyo, and Sydney. The opening and closing times of these markets are presented below:

  • New York opens at 12:00 and closes at 21:00 (GMT).
  • London opens at 07:00 and closes at 16:00 (GMT).
  • Tokyo opens at 00:00 and closes at 09:00 (GMT).
  • Sydney opens at 21:00 and closes at 6:00 (GMT).
  • The overlap hours for these markets are shown below.

New York and London: overlap for 4 hours – from 12:00 to 16:00 (GMT)
London and Tokyo: overlap for 2 hours – from 07:00 to 09:00 (GMT)
Sydney and Tokyo: overlap for 6 hours – from 00:00 to 06:00 (GMT)

The overlapping trading hours indicate the optimal opportunities for trading Binary Options because the markets are most active during those hours. Due to a large volume being traded during these times, it’s possible to obtain greatest profits from market volatility. The best chances for price swings and higher gains when trading Binary Options are during the hours of peak market activity.

Assets to trade

Though new traders know Binary Options are one of the easiest ways to take part in financial markets, it is quite awkward if they don’t know exactly what assets are available for Binary Options. The good news is Binary Options Brokers provide most of the underlying assets, which traders can definitely find a suitable one to trade. There are four main classes taking into consideration:

  • Equity Indices – Indices across the world are all available for trading Binary Options, such as S&P 500, DAX,
  • Nasdaq, Dow Jones, the Nikkei, and many others.
  • Individual Stocks – There is a wide range of international stocks available, including Apple, Sony, BMW, Microsoft, etc.
  • Commodities – This consists of very common options of gold, silver, and oil associated with less popular options such as coffee, sugar, and corn.
  • Currencies – Both major currency pairs and less common currency pairs are listed depending on the broker.

Equity Indices

Binary Options AssetsAn equity index is a group of stocks, which trades on major global stock exchanges. Some examples of the most popular equity indices are FTSE (in the UK), the Nikkei (in Japan), the S&P 500 and Nasdaq (in the U.S.), the DAX and CAC 40 (in Europe). These indices cover a big cross section of stocks, so trading indices requires having broader perspective at the market. The equity indices often feature smaller movements than the individual stocks. However, new traders should understand that the individual stocks can even affect the whole index, making it fall even the majority of stocks are rising.

Individual Stocks

Individual stocks available in Binary Options trading are large. There are tens of thousands of stocks to select worldwide, and Binary Options brokers still keep enlarge their stock offerings regularly. Therefore, if the stock you like is not available now, but will be soon in the future.

Commodities

Commodities are very popular among traders who like to trade Binary Options in gold, silver, oil, platinum, etc. The trend of trading commodities is strong making them a good choice for Binary Options traders.

Currency Pairs

With simplicity and lack of spreads, Forex traders find it great when trading Currency Pairs with Binary Options. There are a large number of currency pairs available for traders to decide.

In short, it is unnecessary to worry about what assets are available for trading with Binary Options. All of common assets are listed and more being added every month.

Binary Options Brokers

Binary Options BrokersWith the instant growth of Internet technologies, nowadays people can access thousands of things from their home comfort. One of the greatest things is you can make money online, particularly, with Binary Options. To trade Binary Options successfully, first point is traders should select brokers that suit their trading habits, and demands. Binary Options Brokers are dissimilar to Forex Brokers because of a single reason: Binary Options Brokers don’t need to be regulated. Though Binary Option Brokers are unregulated, it never means that they are unreliable. The regulated brokers are often headquartered in Cyprus and regulated by CySec (Cyrus Securities and Exchange Commission).

Capital Check

Traders are encouraged to research on the brokers’ financial capacity to check whether they have enough money to maintain themselves in good shape for the business. In the past, many traders lost money because they used services offered by a Binary Option Broker that only had $100,000 in its bank. These money are insufficient to operate as a broker in Binary Options trading, therefore, traders are advised always to check the capitalization ability of their brokers

Platform Check

Different trading platforms are featured differently. Nowadays, almost all platforms have extra features, which are fond of by most traders. For instance, one of the most usable platforms is MetaTrader 5, which is included on almost any brokers’ trading platforms. In addition, the brokers tend to run more than one platform in order to shape up traders’ trading experiences. In reference to mobile trading platform, it is gaining popularity very quickly since almost everyone nowadays has smart phones. Binary Options Brokers that provide Mobile Trading are growing more and more popular, so please check whether your broker offers this feature.

Payouts and Assets Check

Two of the most significant features in considering decent Binary Options Brokers are payouts and assets. Traders are recommended to find brokers, who support all kinds of assets, include stocks, indices, commodities, and currency pairs. In case of payouts, good brokers are expected to offer the payouts between 60% and 70%. Some brokers may even promote the payouts up to 85%. Hence, with a little research, you can make a good deal.

Payment Methods Check

What kinds of payment methods are supported by your Binary Options Brokers? Standard brokers usually permit traders to deposit or withdraw money via an array of payment methods, such as Debit/Credit Card, Bank Transfer, PayPal, Skrill, etc. If you can only process with one payment method, please check beforehand to see if your chosen broker supports that payment. Interestingly, some brokers do give away bonuses for their customers’ first deposit.

Binary Options Bonuses

As common thoughts, bonuses sound very engaging and attractive. However, traders are advised to read Terms & Conditions related to the bonuses carefully. There are several brokers that set exclusive requirements which you must meet to be able to withdraw funds, which you must win on market via those bonuses.

There is a reason why bonuses are termed as “trading bonuses” because you can merely use them to trade. Traders cannot withdraw money of bonus unless they use it to generate specific volume of winning profits. In most situations, brokers ask you to make trading profits equivalent to or greater than the amount of bonus, and then you can withdraw it.’

Payouts

Almost all Binary Options traders would like to know what determines the payout and how it is measured. Though different brokers offer different payouts, the rate is generally between 60% and 80%. In a transparent way, traders know ahead how much they will earn if their trades expire in profit (In-The-Money). It is the big advantage because you know the payouts before investing in either Put or Call Option.

Please notice that different kinds of Binary Options bring different payout ratios. Generally, the payout should be around 60% – 80%, however, there are still some brokers offering the payout under 60%, therefore, you should re-consider carefully when coming to terms using their services. Nevertheless, if such brokers provide the payouts above 80%, you should also check their reputation because high payouts may be signals of fraud schemes.

In addition, it is preferably mentioned the so-called High Yield Options, which can bring you up to 500% profit. However, be careful with this payout option as it is more sophisticated and riskier.Binary Option Brokers offer this type of payout will have many restrictions in the contract in order to protect themselves. New traders are advised to avoid this option unless they are highly professional and experienced.

Binary Options Demo Accounts

Demo Accounts for new traders have long been offered by Forex brokers. Recently, we have found new immense development of Binary Options, and traders begin searching for ways to create a demo account with a reliable Binary Options Brokers. This positive change allows new traders to sharpen their trading skills before investing their real capital into Binary Options arena. If you can understand basics of Binary Options Demo Account, you are able to take full advantage of this new offer.

WHAT IS A BINARY OPTIONS DEMO ACCOUNT?

A Binary Options demo account is precisely the same as a real account, with a single major difference. When you trade in the demo account, you use virtual money, so your trade has no monetary risk. Differently, trading in a real account requires you to work with the real capital.

With demo account, new traders can get in-depth knowledge about the trading platform before placing real trades. Once they have understood how the platform works and how to place trades, they can trade Binary Options more effectively as well as avoiding making mistakes.

Besides, Binary Options Demo Account permits traders to test their strategies prior to the process of making real trades. Via this, traders can evaluate the effect of their strategies and minimize potential risks. If the trading strategies don’t work as expected, traders can adjust them appropriately as long as necessary. Then, they can commence investing real capital into Binary Options with confidence. This way seems to be wiser than costing hundreds of dollars to test on a strategy then finding out not working properly. That is a huge benefit offered from brokers, which traders should not miss.

WHAT ARE BENEFITS OF BINARY OPTIONS DEMO ACCOUNT?

To trade in a trial practically, you should find brokers that use real time data. It means the information displayed and trades taken should be similar to the features available on real platforms 100% of the time, and beware brokers, who provide Demo Account, which uses the past prices and volume, as these can be manipulated in such a way to make Demo Account profitable, but not a true picture of what is happening with a real account.

In general, most of the Binary Options Brokers require clients to make deposits before they can access their demo trading platform. It doesn’t mean that you have to risk the amount of deposit. The requirement of deposit is just to test if the demo platform works and once you’re completed with the demo account, you may certainly withdraw full amount of the initial deposit. As seen, you risk nothing to obtain valuable information about how to trade Binary Options with the broker in real time.

In short, it is savvy to trade first with a Demo Account . You are charged nothing to gain knowledge and experiences in trading, as well as building good foundation for future success.