By Darrell Martin
When you look at trading binary options with Nadex, you may have noticed that you can open an account with a small amount of money. You may have also learnt that your risk is known up front and is capped, making trading binary options even more appealing.
Then, you learn Nadex binary options are based on the most popular markets making important financial news seem like something you can take advantage of when trading.
While trading the stock market, commodities or Forex with regular-size accounts, funding requirements can be between $5,000 and $20,000. The initial funding combined with margin requirements keeps many want-to-be traders longingly watching from the sidelines.
The accessibility to the masses is the appeal of binary options. Nadex binary options are fractional in size making the initial capital required for trading extremely low compared to other trading products. An account can be opened with as little as $100.
Be sure to trade with risk capital only. The money you use for trading should be dispensable. Do not trade with mortgage, rent or grocery money. If you are trading with funds that you cannot afford to lose, you are creating extra undue stress and emotion in your trading. This will definitely impact your trading decisions and success.
You can open your account with a small amount of money. As you become more skilled in demo trading, you can take the trades you are proficient in doing and begin trading live. Only after you have mastered your system or strategy should you risk real money by trading live. Invest the time necessary to become an educated trader. Then you can use your small account wisely while trading binary options.
