Brokers That Sell 60 Second Binary Options:
Not many brokers deal in the fast paced world of 60 second binary options. The top broker that does offer this one minute binary option trading is Banc de Binary. This site offers returns on their 60 second options ranging up to 70 percent per trade, making them an extremely competitive broker. These trades can be executed with a minimum of $5 and a maximum of $100.
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60 Second Binary Options Trading Strategy:
One minute binary options trading necessitates a good strategy. Having a live charting package is a necessity (think meta trader 4, or freestockcharts.com). Many online binary options brokers (including the ones we list) have a tick chart that you can use in order to keep track of individual trades. This becomes very important when trading on such a short expiration. You want to make sure that the incoming orders are following the overall trend in price. This is definitely not foolproof, but following trends on a live chart and double checking them on the tick chart can increase your likelihood of having a profitable trade. Following trends is much easier than going against the grain in 60 second options. Make sure that you are able to track these minute changes if you are going to trade 60 second options.
Try using a 133 tick chart and a live charting software to help gauge price action and spot 60 second trends!
Who should trade 60 second options?
60 second binary options are specially designed for aggressive traders. You can’t just trade 60 second options all day long though, and expect to be a winning trader. A good sound binary options strategy is extremely vital to the process. Day traders can thrive here by riding the trends of their specific assets. Again, because they move so quickly, it is very easy to lose money with this type of trading. It is best for beginners to avoid this fast paced trading and focus on longer periods of time before they begin trading with 60 second options.
The allure of 60 second binary options is that you can make a lot of money very quickly. But the reverse is also true: you can lose a lot of money quickly, too. If you want to trade binary options you need to make sure you know what you are doing first.
Where To Trade 60 Second Binary Options
Our short list of brokers with one minute options are: