The goal is to predict whether that particular indices will increase or decrease from the starting strike price. On Unifunds, you can take a view on a range of global stock indices using our unique binary options and bull spreads, with low collateral requirements and strictly limited risk.
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Commodities are physical goods such as gold, silver, oil, wheat and cotton. The price of these commodities is affected daily by political and environmental factors and is followed closely by traders around the world. However, owning these actual goods can be out of range for most investors. When an investor is trading gold on the binary markets, they are betting on the movement of the gold, not buying it.
On Unifunds Platform, you can take a view on commodities with far less collateral than you would need for a traditional futures trade. Plus our unique products offer multiple low cost trading opportunities with limited risk. Bitcoin binary options allow traders to participate in the popular Bitcoin market with limited risk, short-term contracts in a transparent, regulated marketplace.
Assets in Binary Options. However, binary options trading has a conflicting reputation.
Many people question whether it's a scam or if it's even legal in Singapore. Fortunately, plenty of reliable and trustworthy binary options brokers exist worldwide, and some of the most popular ones do accept traders from Singapore. You can trade using two types of accounts: Real and VIP. Opening a Real account is simple.
Best Assets in Spring Binary Options | Binary Options Trading - Investing Stock Online
The VIP account takes things up a notch, so you get perks like a personal account manager, financial market analysis, and unlimited trading opportunities. While binary options might have a questionable reputation, IQ Option is one of the most reputable - and popular - brokers. They're perfect for beginning traders while also catering to more experienced investors.
RaceOption, as a broker and trading platform, works differently from IQ Option, most notably in how it's regulated.
Currency pairs
Nonetheless, RaceOption seems to have a positive reputation in the binary option market, and it's been around since Gold: The Gold account is the highest tier with a min. RaceOption is available to Singaporean traders and all other countries across the globe.
Read our full in-depth RaceOption review. BinaryCent is a binary broker that works remarkably similarly to RaceOption.
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BinaryCent also accepts several payment forms, including credit card, bank wire transfer, cryptocurrency, and e-wallet. Their website and customer support services are available in eight languages.
Binary options underlying assets
While not all brokers are available to traders in Singapore, binary options trading itself is legal in Singapore, as no regulations prevent it. However, since no laws regulate whether trade can happen at all, it comes as no surprise that there are no binary options regulatory bodies in Singapore. Still, many brokers extend their services to traders in that country.
Those that do are required to have a license issued by the Monetary Authority of Singapore. Since there are no binary options brokers based in Singapore, you must decide how you want to sign up with a broker elsewhere. You can use a local operator, but just as common is the option of choosing an offshore broker.
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Both options reach the same end—you can trade binary options assets with approved brokers based on the few Singaporean regulations for binary options. Before you choose a broker, make sure they are approved for Singapore to save yourself some hassle. Singaporean traders also have plenty of payment methods, from e-wallets to bank wire transfers. That means there are few restrictions when it comes to depositing and withdrawing funds, which makes for convenient trading and secure transfer of funds.
When it comes to binary options in Singapore, IQ Option is probably the best one you can get.