Binary options have a great history and have really taken off in the past few years. In fact, they have evolved significantly in the past 30 years, as the availability of the Internet has made it possible that binary options trading is not conducted exclusively on an exchange. Binary options trading on a large scale has come into effect with a decision in 2008 of the Options Clearing Corporation to list binary options over the counter.
The Increase in Popularity
Binary options trading has quickly become very popular since the 2008 decision to list binary options over the counter. Binary options may still be traded on an exchange, but this is not necessary. There are so many benefits of trading without an exchange, such as being limited by high fees. Now there are no fees when trading binary options with most brokers. In the past, you had to pay for opening and closing a binary options trade. This brought with it many new traders to the binary options arena.
High Choice of Expiry Times
Being able to pick from many expiry times is something that traders value very highly. You are spoilt for choice in this respect, as there are so many possibilities when trading the financial markets. The possibilities increase your flexibility while trading binary options. Some of the popular expiry times are 5 minutes, 15 minutes and 2 hours. The more expiry times that a broker offers you, the better it is for you while trading your favorite assets.
Following the Markets
If you constantly follow the markets, this can increase the likelihood of your binary options expiring in the money. There are many websites nowadays which offer an economic calendar with the latest news events. Following these events is that makes a good trader and wise trading decisions.
Future of Binary Options Trading
There is a great future ahead for binary options trading. With more traders becoming binary options customers each trading day, this is something very special. Never before in history has a category of trading grown as fast as binary options. You should learn more about the history of binary options and the benefits that are in it for you. As more investors take an interest in the word of binary options, you really need to take a look at what all the fuss is about, as soon as you have a free moment.
