A budget to suite everyone
The great thing about trading binary options online is that even though the first deposit amounts can be high around $200 or so, the minimum you bet per trade starts between $1 – $5. This means that no matter your budget you can start as low or as high as you want.
It gives new traders the chance to try out a few strategies they’ve learnt or more experienced traders benefit from higher betting limits.
Common trade amounts
The minimum and maximum trade amount depends on the online binary options broker you decide to go with. They all have varying minimum trades ranging from of $1 – $25 and a maximum ranging from $1000 up to $20000.
Choose your binary options broker wisely: if you only want to trade small at first probably best to go with a broker like Banc de Binary and if you want to trade big then perhaps 24Option could be for you.