Your goal when trading with digital options is to skillfully pick and invest in assets that you are comfortable with. If you like stocks, then you can buy an option that predicts that the value of Apple stock will be higher or lower in 5 minutes, or 10 minutes, or 10 days. If you predicted an increase, and Apple stock increases, you will make money. With digital options, if you invested $100 at 500% return, then your $500 profit is guaranteed. It doesn’t matter if the stock increased by $10 or $50 or $100. You get $500!
The key to being able to make money when trading with digital options is to be able to predict the market movements of the assets. It is that simple, and therefore large profits are available to traders.
Where can I trade digital options?
There are a number of brokers in the market that allow you to trade digital options, however the most popular platform is IQ option. They provide you with so many trading assets, from currencies, stocks, metals, indices, and cryptocurrencies.
Can I buy digital options based on any asset?
No, the platform decides the profit percentage and the choice of assets. While most brokers will offer options based on a low number of assets, IQ Option has the most selection. When trading with stable currencies, it can be difficult to predict the movement. Trading digital options on commodities like metals could be easier to make large profits.
Can you make money trading digital options?
The simple answer is Yes, because profitability exists when trading digital options. However digital options are a high risk investment. We recommend you spend some time analyzing the markets and assets, or take advantage of IQ Option’s FREE $10,000 demo account. Practice at IQ Option, and then afterwards you can compare other brokers that offer high-profit digital options.