Fixed-income options were standardized in 2008. Binary options in Russia became known in 2010. In general, for brokers, the Russian market is quite attractive. Therefore, the fact that such contracts appeared in the Russian Federation is not at all surprising. This market segment is developing quite rapidly. And in conditions of fierce and high competition, traders have very good chances to earn extra money.
However, you should not expect instant enrichment from binary options. They say that making money here is not so difficult even in comparison with Forex, nevertheless you will have to work hard to stay with good money. Indeed, the apparent simplicity can play a bad joke and leave a woeful novice with a loss.
Appearance in Russia
Such a new type of trading, as binary options, in Russia began to carry out Anyoption. Prior to this, Russian companies, trumpeting in their advertisements that they are engaged in this kind of assets, in fact, simply deceived traders in bets on sports competitions according to the Western scheme. Most of the players on them lost a lot of their money. Then Anyoption entered the Russian market; until 2013, it held a leading position in the sales of such contracts. But then other emerging companies pushed Anyoption off the bench of the unconditional leader.
Binary options in Russia today
In Russia today there are still many companies trying, under the guise of selling binary options, to simply cash in on traders. But deception in this area can be avoided if we turn to companies with world names that are well known to everyone.
Companies operating in Russia can be divided into two types:
1. Some have a website in Russian, but there is neither a representative office in our country, nor employees who speak Russian. They occupy about thirty-five percent of all binary options sellers in Russia.
2. Other, the largest companies, have a Russian website, and representative offices located in different Russian cities, and Russian-speaking employees. There are only seven such firms. Of these, the following stand out:
OptionBit . In 2013, the company introduced a system called Algobit. She gained great success, and the company soon took a leading position in the Russian market.
24option . The company invests in training traders, and because of this, it has the most of these traders.
DragonOptions . The company operates in four countries, has licenses of Russian and European regulators. This broker is distinguished by the most experienced analysts; the company's support service is the most operational.
" Designer ". An organization that is great for novice traders.
Binary options with a minimum deposit and a bet for beginners are good because they minimize risks. This, of course, is true, but here it is necessary to caution against some common misconceptions. Due to the fact that the risks are minimal and the possible loss does not bother the trader at all, he will not be able to learn how to really work for them. Therefore, such binary options for a beginner will be suitable only at the very initial stage.
Prospects for the development of binary options in Russia
The fact that such large companies operate in the Russian market indicates the seriousness of their intentions to gain a foothold here for a long time and successfully work. But traders should not forget about the large number of one-day companies and should be careful not to get caught in their network. Nevertheless, based on the state regulation that appeared in Russia regarding binary options and other indicators, the likelihood that this market segment will become more transparent and the number of fraudsters will decrease.
Growth indicators
More and more new brokers appear on the market, whose specialization is the sale of options. Previously, such an investment could be found only in small desks that do not guarantee anything. However, now the situation has changed qualitatively due to the arrival of serious and large players on the Russian market.
Competition among brokers is increasing, for which options with a minimum deposit apply, the amount of which decreases. The various bonuses offered to customers, the insurance of first transactions and more, matter.
Binary options in Russia are also attractive because of their simplicity. Here you just need to understand in which direction the value of the asset is moving, in contrast to the exchange, where you need to constantly monitor prices and calculate how the value will change. However, do not be fooled. Many novice traders immediately lose a lot of money on their first transactions. And this is not due to the fact that they are not familiar with the stock market, but because of a lack of understanding of the options strategy. This will be discussed later.
Trading strategies
They serve to reduce the risks arising from trading through the use of various financial- type instruments . Option strategies are used not only in analysis, but in general as a financial management tool. They can also cover systematic norms, such as investment and option times, and so on.
Russian assets
The growth of domestic assets is also observed. It will be easier and more convenient for Russian traders to work in such conditions, since price fluctuations are more easily tracked within their own country, understanding the political and economic situation that ultimately determines price movements.