Binary Options Trading Switzerland

Best Binary Brokers in Switzerland – Brokers’ Review

  • Easy to Learn

  • Higher profitability

  • It is legal in many countries

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Binary Options Switzerland

Many traders in Switzerland are looking for a high-risk high-return investment opportunity to risk a certain percentage of their investment portfolio.  That is why Binary Options Trading in Switzerland is popular among certain traders.  Most of the Binary Options Brokers in Switzerland are comply with overseas regulators and provide services to Swiss traders. The popularity of Binary Options in Switzerland is increasing because of the ease of trading, simplicity, and higher profitability associated with Binary Options.
Successful trading in Binary Options starts by selecting the right broker to trade. In Switzerland, FINMA (Swiss Financial Market Supervisory Authority FINMA) is the controlling body that supervises the Swiss Binary Options brokers and publishes a warning list about brokers and other financial transaction entities.
Although Switzerland doesn’t belong to the European Union, Europe-regulated binary brokers are well accepted and trusted by Swiss traders for trading. The brokers recommended here are regulated by one or more regulating authorities. The Binary Options brokers listed here provide a safe environment for trading and are among the leading names in the industry. Try them with a free demo account before investing and trading.

Best Binary Brokers – Switzerland

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Binary Options Switzerland

For a successful career in Binary Options trading in Switzerland, the traders must choose a reliable broker. The Binary Options Broker with an established track record, higher payout, transparent trading environment, and low fees is difficult to find. Among so many Binary Options brokers available in the industry, we recommend only a few after carefully reviewing them. Pocket Option, Quotex, Binary.Com and Olymp Trade are among the most trusted Binary Brokers in Switzerland. Feel free to try these Swiss Binary Options Brokers for Free in a risk-free Demo Account. 

What are the Assets available for trading?

Most of the Forex pairs, Commodities like Gold, Silver, and Oil, and Indices are available for trading under the Binary Options instrument. The traders only need to predict the price direction to win a trade. Although, it is always difficult to predict the price direction with 100% accuracy, with help of the technical analysis, and tools expert traders predict with much higher accuracy and make money.

The traders should always wait for the right opportunity to trade. Although the market is open 24-7, high probability trades come occasionally. The traders who are disciplined and use good risk management skills while trading profit consistently.

How to start Binary Options trading in Switzerland?

Before you start trading binary options in Switzerland, you must understand and practice them thoroughly. The online apps of Quotex and Pocket Option provide free Demo Accounts to the traders with $1000 virtual money. The traders can open a demo account and practice well before they decide to invest.

  • You must understand the trading features thoroughly.
  • Practice Binary Options trading in a Risk-Free demo account.
  • Implement a money management strategy and review it.
  • Proceed to trade with real money after you have had enough practice.

Is Binary Option trading legal in Switzerland?

Binary Options trading is legal in Switzerland like other Financial trading products like FOREX and CFD trading. However, you must be careful while selecting a broker in the interest of your own safety. New brokers with insufficient track records should be avoided.

The traders should always fulfil their tax liabilities and keep an eye on any regulatory changes and stay compliant. The brokers like Quotex and Binary.Com are among industry leading brokers and you can trust them for your trading requirements.

Is Binary Options trading easy?

Well, although Binary Options trading requires forecasting price direction in the short term successfully to make a profit, it is not so easy. The traders must practice discipline and money management to make a profit consistently. There are several trading strategies and indicators to help you trade successfully. However, they assist you in making a better trading decision.

Few things to keep in mind while trading Binary Options in Switzerland –

  •  Don’t invest any money in Binary Options which you can’t afford to lose
  •  Don’t invest all your money in a single trade
  • Start practicing in a demo account and find out your success rate
  • Invest up to 5% in a single trade
  • Follow your strategy and money management plan based on your success rate
  • You must know when to trade and when not to trade
  • Keep withdrawing your profit from time to time
  •  One way to succeed in Binary Options or Forex trading is Money Management

Here are a few beneficial Indicators set up and trading guides to help you learn to trade with Pocket Option. Check out this Pocket Option trading strategy, which is liked by many traders.

What are binary options and how to trade?

A binary option is a derivative option where a trader makes a prediction on the price movement of an underlying asset in the near future for a fixed amount. The underlying assets maybe
Index – NASDAQ, Dow Jones Industrial Average (DJIA), or Nikkei.
Stocks -Binary options for all popular stocks like Facebook, Google, Microsoft are available for trade.
Forex – Combinations of all major currencies such as USD, EUR, GBP, JPY, and AUD just to name a few.

 

Understanding Binary Options – How to start trading it?

  • The term ‘Binary’ means something that can assume two values, in simple terms, it can be expressed as true/false, yes/no, or 0, 1 i.e. there are only two outcomes. Similarly in binary options, a trader has to predict any one out of two options. i.e. the price of the underlying asset will be below or above the current price at expiry time or date.
  • A trader can select to BUY or SELL an underlying asset if he is expecting the price will rise or fall in the near future, for which a trader will earn a fixed amount if his prediction worked in his favor.
  • In binary option, if a prediction works in the trader’s favor, it is called ‘in the money’ i.e. price of an underlying asset on any given future date/time closes more than the ‘strike price’ of an option of that particular underlying asset on that particular date for a CALL option.
  • If the prediction works against the trader’s favor,i.e. ‘strike price’ is more than the price of an underlying asset at expiry time, then the trader gets nothing out of that trade.
  • A binary option automatically expires on the expiry date or time and it can’t be carried over to the next expiry date/time.
  • The trader can not buy or sell the actual security. Binary options trader just bets on the price movement, whether certain security price will rise or fall at future date/time, accordingly the trader buys or sells certain kind of option either CALL or PUT.
  • If a trader sees a bullish trend then he buys a CALL option, if bearish then he buys a binary PUT option.
  • Binary options contracts are offered for different expiry times ranging from 1 minute to 1 hour. So traders have a broad range of expiry to choose from, starting from 60 seconds to months depending on their requirement.

Final Words – Binary Options Switzerland

Binary Options Trading in Switzerland is quite popular among the new generation traders. Brokers like Pocket Option, Expert Option, and Quotex are quite successful in attracting traders in Switzerland. The availability of Bitcoin and other Cryptocurrencies and Stocks under binary options has made it more attractive and challenging to many traders.

The small traders with a low investment budget of as low as $100 can trade Binary Options successfully. All the brokers provide Mobile trading platforms so that more people can access the trading platform on the go and trade whenever they want.

The ever-increasing demand for Online Trading, Binary Options Trading, and Forex Trading demands proper regulation and trustworthy service providers. Most of the Binary Options and Digital Options brokers are registered overseas and provide their services in Switzerland.

Finally, we can say it is legal to trade binary options in Switzerland with regulated brokers. However, you must fulfill your tax obligations towards the extra income generated by trading binary options in Switzerland.

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