Binary Options Trading Thailand
Brokers’ Review Free Demo Accounts
Binary Options Trading – How to get started?
Binary Options Thailand – Binary options trading is the only of its kind trading that offers up to 91%* return in a single trade. It is accessible to traders with even small capital. The traders can start binary options trading in Thailand with limited trading capital as low as $100 or less. It is absolutely legal in most countries including Thailand. You should practice in a demo account and get yourself familiar with all aspects of trading binary options before starting a real account. The most important aspect of binary options is high profitability. Hence, new traders are joining Binary Options trading in Thailand every day. If Binary Options Thailand interests you, you are at the right place. This website gives you useful information about Money management, Risk management, Trading strategies to become a well-informed trader.
Based on the GDP growth data, Thailand is one of the fastest-growing economies in the world. Its economy is prestigiously ranked high both globally and regionally by reputed financial institutions. Therefore a lot of investors are attracted to Bangkok, Thailand for investing in various sectors. Many traders are looking for a new way to invest their money, and what could be better than Binary Options Trading? Most of the Binary Options brokers accept traders from Thailand. We list a few most trusted brokers offering outstanding services for Binary Options trading in Thailand.
Binary Options Brokers in Thailand
- IQ Option is one of the leading Binary Options Brokers in the financial trading industry.
- It is offering its services all over the world since 2013.
- The traders can access Forex and CFD trading along with Binary and Digital Options trading.
- The minimum deposit to get started is just $10.
- Absolutely Free Demo Accounts are available with $10,000 demo money for practice.
IQ Option Review
- Expert Options accepts traders from Thailand for Digital Options and Fixed Time trading.
- It makes financial trading available to people easily and brings it to everybody’s reach.
- ExpertOption is rated as TOP-3 most downloaded financial apps worldwide on Google Play.
- Free demo account or a trading account with $10 to start trading.
- Deriv is one of the oldest Financial tradings company serving since 1999.
- Deriv, formerly known as Binary.com complies with multiple regulators.
- Forex trading, Synthetic Indices, and Options trading available.
- Web platform and MT5 trading platform available. Free Demo Account.
- Minimum deposit starts at $10
Binary Options – Fixed Time trading, Digital Options.
What Are Binary Options Trading?
Binary options are financial options known for being simple and one of two payoff options: a fixed amount or nothing at all. It can be traded as forex pairs, stocks, indices, commodities, cryptos, etc. For traders, it is a profitable trading type due to its quick and high return percentage. But be mindful that you should pay attention to the rules as you are trading with real money. In this article, you will learn the guidelines for beginners. So keep reading!
Binary Options trading requires the trader to predict the price movements of various instruments. You have to guess if the price of an asset will go up or down the strike price. The strike price is the amount at which traders trade underlying assets. The price of the asset must increase or decrease by the time it expires. The binary Options expiry period is very diverse, and it starts from 30 seconds up to a year. After guessing the price, you will choose the call or put option. It depends on the asset price movement. If you predict it correctly, you will win a payout. But if your guess is wrong, you will get nothing. Keep in mind that the payout rate depends from asset to asset and broker to broker.
Binary Online Trading Example
You are interested in trading the EUR/USD pair. The broker offers a 90% payout percentage for this asset. The first thing that you have to decide is the expiration time.
Let us assume, you have chosen 10 minutes as the expiration time. Next, you have to predict if the price of EUR/USD will go up or down than the current price. You choose to buy a CALL option if you think the price will above. And buy a PUT option if you think the market price will close below. It does not matter the amount by which the price is above or below. What is essential is to guess the price direction correctly to gain profit at the expiry of the contract.
You choose to invest $10 in this trade. As the payout is 90% and you either earn a 90% return or gain nothing.
Common Terms in Binary Options Trading:
Binary – It is known as ‘binary’ because there are two possible results.
Call Option – You use the call option when the price of an asset you predict will increase before the expiry time.
Put Option – When the asset price you predict will decrease before the expiration time, you choose a put option.
Strike Price – The strike price is referred to as purchase price since it is the cost by which you purchase the option. It is when you exercise the put or call option.
Expiry Date – is the expiration time of binary options assets.
In the Money – You are ‘in the money if you carefully make a prediction and win a payout.
Out the Money – You are ‘out of the money if you lose a binary options trade.
At the Money – During the end of the expiry period, if the strike price matches the market price. So it is known as “At the Money.” And if you lose, and your initial investment is returned to you.
Rate Of Profit – It describes the percentage of money that you will earn after winning the trade.
Types Of Binary Option
There are several types of binary options found in the market. There are four types of binary options commonly used by traders and widely offered by brokers. And these are:
High/Low – High/Low is the most well-known type of binary option. By predicting the market price correctly at the end of the expiry period, you will get a reward. You will buy a call option if the price of an asset will go up from the current market value. And if the price will drop compared to the current market price, you will open a put option.
In / Out or Boundary – You have to predict whether the price of the asset you chose will stay within a given price boundary. The upper and lower limits of the range will depend on the broker. The trader picks the preferred time duration and asset. You will earn a profit if you predict the outcome correctly. If not, you will gain nothing and lose your initial investment.
Touch / No Touch – With no-touch binary options, the trader will choose a strike price above or below the current market price. After choosing the expiration time, you place the trade. To protect a payoff, the price of an asset should not exceed the strike price before expiry. It is also known as one-touch binary options. In one-touch binary options, the price of an asset has to reach the strike price prior to expiration.
Ladder – In boundary binary options, there is an upper and lower limit. There are also some price limits on ladder options. The exact limits will depend on the underlying asset that you are trading and with the broker. There is an above or below trade option for each price limit. Also, these are known as ‘call’ and ‘put’ to most brokers. The payout for ladder options exceeds 100%.
Binary Options – Available Assets
Underlying Binary Options Assets
With Binary Options, you can trade on a variety of trading instruments. Among them, the most well-known ones are stocks, forex, commodities, indices, and cryptocurrencies.
Stocks – It describes a share in a company. When you buy shares of a company, you earn an ownership position. But, in trading binary options, you are predicting the price movement of the asset. You do not own any piece of that company.
Forex – With Binary options in forex, one will trade options on currency pairs. Binary forex trading a well-known choice for binary options traders due to its profitability. Popular forex pairs are EUR/USD, GBP/USD, AUD/USD, USD/JPY, etc.
Commodities – Commodities are real-world physical goods that are the ones produced, mined, and built by people. Its daily prices change due to geopolitical factors. You predict the price movements if it will go up or down. Famous commodities are Gold, Silver, Crude Oil, etc.
Indices – These are the portfolio of stocks that are all a part of the Stock Exchange. It allows for more diversification of risk as you are trading on various stocks rather than a single one. The Indices available for trading are US30, NAS100, DAX, CAC, etc.
Cryptocurrency – It is a decentralized digital currency that assures the safety of transactions by using cryptography. It is generally a volatile market. If you do it in the right way, you can earn good profits. Famous cryptos are Bitcoin, Ripple, Ethereum, Stellar, Tether, etc.
Step by Step guide to trading Binary Options in Thailand
Keep in mind that trading binary options are easy if you follow these basic guidelines. And these are:
Choose a Regulated Broker
Choosing a binary options broker is the first step. There are many fraudulent brokers in the market that you must be aware of. And there are some factors that you need to consider before you start with a broker.
Choose the Market & Asset
Choose your favored market and an asset from the market. Make sure you trade on those assets that you have prior learning and experience.
A Proper Expiration Time
An expiration time is a vital factor for binary traders. The result will depend on the proper expiration time. And the expiration times can be as low as 30 seconds. But the short expiry time is a bit harder to predict the price than a longer expiration.
Allocate the Amount
After choosing the expiration period, you have to check how much money you are willing to invest. You may lose your entire capital in Binary trading due to its all-or-nothing nature. So if you are a new trader, start with low investment is a must.
Place a Trade
Always check and confirm the trade. When it expires, you will know whether you have gained or lost money. If you win a trade, the payout percentage will directly add to your account balance. To master binary trading, you can follow money management, risk management and market analysis strategies. These will help you to make a change in your daily trading life as a trader.
Is Binary Options trading legal in Thailand?
Binary options are known as legitimate types of investment in many countries worldwide. But regulations and rules of trading binary options in the USA are different from other countries. Binary brokers are now focusing on trader’s benefits based on research. The regulatory bodies keep the regulation process properly. Lots of binary brokers now are proud that they are safe and regulated by several regulatory bodies. Winning binary options is not based on luck. If you want to win a trade, effort, analysis and research are needed.
Why is Binary Options so popular?
The best thing about Binary options trading is its simplicity of trading. It is the only type of financial trading instrument that offers up to 92%* ( Amount to be credited to account for a successful trade ) return in a single deal. It is accessible to traders in Thailand even with limited trading capital of as low as $100.
Binary Options trading is legal in Thailand. You can check the list of accepted countries on the broker’s website before opening an account with them.
The traders who are new to Binary Options in Thailand should practice in a demo account. They must get familiar with all aspects of Binary Options before start trading in a real account. You must be aware of the risks involved in Binary Options trading; there is a risk of losing your invested capital for an unsuccessful trade.
Binary options in Thailand have become quite popular in the last few years. It finds the same level of governance and recognition as the Forex trading activity in the country. The traders can earn a significant amount of profit in a short time while trading binary options. Keeping in mind its increasing popularity and for protecting the traders, binary options are regulated and legalized in many countries. The Bank of Thailand is the regulatory body in Thailand. The Ministry of Finance entrusts it with the responsibility of administering foreign exchange in Thailand. Binary options are legal in Thailand, while you have to comply with local tax rules. In the best interest of the safety and security of your fund, while trading binary options, traders must go for a reputed and regulated binary options broker.
Advantages and Disadvantages of Binary Options
Binary Options Trading Advantages
For traders to earn profits, the Binary option offers some advantages. The most famous advantage is a simple trading type with a huge reward.
Here are the advantages of trading Binary Options:
High Payout Percentage – Most brokers offer very high payout percentages of up to 90%. And this makes these brokers winning over all kinds of traders. At the very least, you can make 75% payouts. Binary options have better returns compared to other methods.
Simple Nature of Trading – Nothing is more simple than binary trading. It is either you win money or lose everything. And its simplicity draws many new traders to try it.
Fast Placed Trading – Binary trading is for short-term trading, and expiration can be as low as 30 seconds. It makes the trading experience quick and inspiring. Yet, a bit risky, but you can earn quick cash using this form of trading.
Flexibility in Time – Traders can trade binary options with a low expiry time. But that doesn’t mean you cannot trade long-term. Your trades can last up to one year. With such expiry times, binary options can cater to all kinds of traders.
Flexibility in Trading Instruments – With binary options, you can trade with multiple types of assets such as forex, stocks, indices, etc.
You don’t have to buy anything in binary trading. A trader will change the value of underlying assets or trade on the movement.
Low Initial Deposit – Most binary options brokers offer low initial deposits so you can get started. Some of the brokers require an initial deposit of as low as $5 or $10.
Disadvantages of Binary Options Trading
Binary options are a safe and reliable investment option for all types of traders. But, just like any form of investment, it carries a high risk. Here the disadvantages possess by trading binary options.
Consider Trading Binary Options as Gambling – In trading binary options, you are venturing into the price movement of an asset. So, you are predicting the future value of a possible outcome. But it is a topic that most traders argue that using a trading strategy instead of predicting is gambling. Randall Liss from Investopedia views this as a misconception and has to say the following on this issue:
Losses Are Real – If your prediction is wrong, you get nothing in return and lose your capital. And if you have placed a big trade worth thousands of dollars, you can lose it all in an instant. So, if you decide to trade, make sure you start with a small amount.
Not Permitted In Certain Locations – Binary options are a popular form of investment. But, it is banned in some areas like Europe. Also, in some countries, you can’t trade with offshore trading brokers.
Riskier Than Other Forms of Trading – Like forex and CFD, you can’t control your losses. If ever your position will move against the market. In binary trading, you will lose everything if your prediction is wrong. The chance of accurately guessing the outcome is lower than you think. The success rate is often between 10-20%. And it boils down to how well you perform your trading analysis. Lastly, there is the risk of the counterparty. If your broker fails to give your payout, it will be difficult for you to get your money back.
Frequently Asked Questions
Is Binary Option legal in Thailand?
This is the first question that comes to mind of Binary Options Thailand enthusiasts. Binary options trading is legal in legal in Thailand like in many other countries in the world.
You must be careful while selecting a broker as there are so many scam brokers in the market. For safe and secured binary options trading in Thailand, you should select IQ Option- IQ Option is a trusted regulated broker offering its services to Thailand traders. In addition to binary options, they also offer Forex, Cryptocurrencies like Bitcoin, CFD trading to Thai traders.
Can I make money by trading Binary Options in Thailand?
Well, anybody who just trades Binary Options does not make a profit. The traders who trade with a good understanding, risk management, and money management only make a profit. You must analyze the price direction correctly to make a profit in the trade.
Making losses while trading is unavoidable, but the loss must be recovered using proper money management strategy. Few tips for becoming successful in Binary Options trading in Thailand – money management, risk management, disciplined approach to trading, and finally proper market analysis.
Is my money safe with the Brokers while trading binary options?
If you are trading with a regulated binary options broker in Thailand, your money is in safe hands. The regulated brokers like IQ Option deposit your fund in European banks and they offer you to trade in a safe and secure environment. You can deposit funds and withdraw your funds anytime you want. Your funds are always yours.
However, you may lose funds while trading as a result of your trade outcome, which is normal while trading any financial instruments.
Can I try the Binary Options Broker before I invest ?
Yes, you can try the broker with a demo trading account before trading with real money. A few regulated brokers provide absolutely free demo trading account for unlimited use. This demo trading gives you some practice and knowledge about binary options trading. You can practice different money management and trading strategies in your demo trading account.
If you like the trading features offered by your broker and the trading platform, you can open a real trading account. It is always advisable to try your broker in a demo trading account to familiarise yourself with all aspects of trading. Open a demo trading account to practice Binary options in Thailand.
There are lots of things that you should need to learn while trading this financial product. The purpose of this article – Binary Options Thailand is to cover a binary options guide for traders in Thailand. After you read this article, you now have a basic understanding of how binary options works and their benefits. It is recommended to start with a Demo account first followed by a small investment. Invest in the assets that you are comfortable with. Take trading losses as a lesson instead of a setback, and keep improving your trading skills.