60 seconds binary options are relatively new and were launched with the binary options mobile applications and are served on the mobile applications and the brokers’ on-line platforms. The 60 seconds binary options are based on the call / put binary options and offer a very quick way to generate profits from binary options that is also suitable to smartphones that require short term expirations on the go. It is basically only a special call / put option with a very close expiration time but it requires very fast decision making because of its nature and therefore we use a different set of tools when trading these options.
The 60 seconds binary options are, sometimes, considered to be even easier than the regular call / put options because the price rates usually move in a specific direction in these short time frames. The analysis tools are less relevant in the case of trading these options and therefore chart inspection and good trading instincts can, in most cases, be sufficient.
60 seconds binary options – advanced trading
There are no real advanced tools for 60 seconds binary options but you can still try and use direction indicators like the On Balance Volume ( OBV ) and act fast. In the matter of these options, it is better to develop good understanding of the assets and of charts behavior and apply the trader’s judgment.
The 60 seconds binary options are offered by a variety of brokers using different binary options trading platforms and the ones we tested and found easy to use include: 24option , iOption , OptionRally , XPMarkets , Zone Options , and Banc de Binary .