Forex
Forex comes from the full word in English that Foreign Exchange, which may be called FX means a currency exchange rate based on a capital market. Which is similar to the stock market but the market is much larger and may be called the largest in the world.
People will buy money in this market. By buying one currency And selling one currency at the same time Or easy to call as a match Exchange of currency trading.
Trading value per day in the Forex market is up to US $ 1.9 trillion which is more than all the value of the global financial markets together.
The big market is in New York, London, Japan, including Australia and Europe, in which each area will have time to turn off or do not match. Causing traders from around the world to enter the market from the 4th hit of Monday until the 4th hit of Saturday. Easy to say, almost 24 hours.
Forigu, the group that played in this Forex market will be a large group, such as the Group Fund Group.
And exported, however, after resting, trading through the internet and having brokers for individual investors causing the beginner to invest in the market with a small amount of money. Investing in this financial market is popular around the world.
Binary options
Binary options Is a new financial instrument which is now increasing in popularity.
“Binary” means two pieces, which means your possible results or opportunities that are profit or loss.
In your investment You just need to select a call or output by selecting “Call” when you predict that the price will rise or “Put” when you predict that the price will be down.
You will have to choose before making a decision to buy an option. When the trade contract ends you will know that you have a profit or loss.
The investment in the binary options is you can start investing without a pro. Or have in-depth knowledge about the money market or skills in trading. At present, many brokers offer starting trading by just a minimum deposit.
$ 10 and the minimum trading per low, just $ 1, the investment begins with a low amount of money. It will allow you to manage your investment better.
Because the number is not much, this will not affect your emotional state of trading. You can also trade 24 hours every day.
Forex with different binary options
Subject | Forex | Binary options |
1. Deposit | 200 dollars | 10 dollars |
2. Risk management | Can not lose money The amount of the lost Forex difference cannot be controlled. You may lose all your investments within a short period of time. If the market has severe fluctuations, you need to control the risk by cutting losses. | Can manage risks You can manage the risk each time before starting to invest. By limiting your investment each time which will make control of loss and profit calculation easily. |
3. Creating profit | Suitable for profit in a market that is clearly promising. The profit is due to the difference in the number of pips. | You can make a profit in all market conditions. Because the profit depends on the price of the order point and the end of the candle at the time of time out. |
4. Trade time | From 1 minute to hours or weeks. | There are many times to choose from 30 seconds, 60 seconds, 2 minutes, 5 minutes, 15 minutes, 1 hour etc. |
5. Sending orders | Recovery | Less than 3 seconds |
6. Your experience | You must have the knowledge to analyze the basic investment techniques. To cope with fluctuations and market directions. | You don’t have to have a lot of trading bases. Because you do not have to calculate the fluctuations and market movements. |
7. Ratio of return on risk | Ratio between TP: SL Very important to port growth. For example, the trader is wrong, sliding the SL because it is right. TP: SL 2:10 Summary of the port. | The rate of return on that risk is preset. Example of EUR / USD trading traders, 70 percent payment, 10 times, invested 1 dollar. |
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