Binary Options Indices: Best Brokers and Recommended Trading Strategies
Binary Options Indices: Best Brokers and Recommended Trading Strategies
September 6, 2012The main advantage of trading binary options indices is in the fact that you don’t have to speculate or guess the exact range or outcome on a given trade when the contract expires. The same is true for currency pairs (Forex trading), Commodities, and Stock, when trading digital options (AKA exotic options) you just have to predict the general direction correctly (up/down or above/ below).
Furthermore, when you trade binary index options you stand to make a lot money very quickly. On the other hand, if you don’t manage your risk properly you can lose it just as fast. Still, if you can find the right strategy, binary options and Index Options allow you to effectively manage and minimize your risk levels thereby keeping your investment safer and less exposed to daily market fluctuations.
Screenshot A represents the indices trading panel at one of our recommended binary options brokers. The selection shows GOLD, but you need to choose Dow Jones or whatever Index you want to trade. Take a good look at the expiration time and date as well as the max payout rates. That’s it, your ready to trade!
Screenshot A
A Strategic Approach
Indexes (AKA indices) are considered “range” trades but are also displayed as high and low trades in your account.
OK, so let’s say your are trading the news and the Indexes are taking a turn upward. In this scenario, if you are speculating on the high you are looking for a hammer or cup and handle formation on the candlesticks and try to identify the best break-off point on the resistance line and proceed to buy the high (above) binary option contract.
The key to being a successful binary options trader is making a focused, decisive, and calculated decision on whether to buy the option when you understand to the best of your ability that its time to make the trade. Hesitations and a tendency to over analyze the stock or Index will kill your trading momentum and your profits.
Continuing with the previous trading scenario, the probability of the underlying asset staying over the resistance level is significantly high. In general, Indexes usually trend in a specific direction on regular business days (barring any catastrophe or force majeur) which explains why this trading vehicle is preferred by many of my colleagues and they factor it into their strategy and trading portfolio. Before you register and deposit money with a binary options broker, make sure they accept US trades on indices. Some of today’s Cyprus-licensed brokers will only let US traders buy stock options.
Below you will find a breakdown of all the indices offered and the broker offering it on the asset index. It took our staff a long time to gather and assemble this information, as always should you be interested in receiving more in-depth analysis and reviews about each and every broker, simply browse the reviews section and find the broker that’s right for you.
| Index | Broker |
| BOVESPA | OptionBit, OptionXP |
| Dax future | |
| Dow Jones | |
| NASDAQ100 | |
| S&P 500 future | |
| CAC future | |
| FTSE future | |
 |
|
| ASX (Australia) | Traderush |
| KL FUTURE | |
| S&P FUTURE (US S&P 500 FUTURE) | |
| SSE180 (SHANGHAI STOCK EXCHANGE) | |
| HANG SENG (HONG KONG) | |
| BOMBAY SE | |
| KUWAIT (KUWAIT GENERAL INDEX) | |
| DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX) | |
| QATAR (DSM20) | |
| EGX 30 (EGYPT) | |
| TADWUL (SAUDI STOCK EXCHANGE) | |
| MSM 30 (OMAN) | |
| MICEX 10 (MOSCOW INTERBANK EXCHANGE) | |
| ISE 30 (ISTANBUL STOCK EXCHANGE) | |
| FTSE 100 (U.K) | |
| DAX (GERMANY) | |
| NASDAQ (US) | |
| S&P 500 (US) | |
| DOW ( US – DOW JONES INDUSTRIAL AVERAGE) | |
| |
|
| STRAITS TIMES | Ikkotrader |
| NASDAQ FUTURE (US – NASDAQ 100 FUTURE) | |
| S&P FUTURE (US S&P 500 FUTURE) | |
| SSE180 (SHANGHAI STOCK EXCHANGE) | |
| HANG SENG (HONG KONG) | |
| BOMBAY SE | |
| KUWAIT (KUWAIT GENERAL INDEX) | |
| DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX) | |
| QATAR (DSM20) | |
| EGX 30 (EGYPT) | |
| TADAWUL (SAUDI STOCK EXCHANGE) | |
| MSM 30 (OMAN) | |
| RTS (RUSSIAN TRADING SYTEM) | |
| MICEX 10 (MOSCOW INTERBANK EXCHANGE) | |
| ISE 30 (ISTANBUL STOCK EXCHANGE) | |
| FTSE 100 (U.K) | |
| CAC (FRANCE) | |
| DAX (GERMANY) | |
| NASDAQ (US) | |
| S&P 500 (US) | |
| DOW ( US – DOW JONES INDUSTRIAL AVERAGE) | |
 |
|
| NASDAQ | OptionsClick |
| DOW JONES | |
| S&P 500 | |
| BOVESPA | |
| CAC 40 | |
| FTSE | |
| IBEX | |
| DAX 30 | |
| NIFTY | |
| NIKKEI 225 | |
| ASX 200 | |
| HANG SENG | |
| TADAWUL | |
 |
|
| FTSE | Global Option |
| London:FTSE | |
| IBEX 35 INDEX | |
| Spain:IBEX | |
| CAC40 Futures | |
| Paris:CAC | |
| FTSE MIB Milano | |
| Milano:SPMIB | |
| DAX Future | |
| Frankfurt:DAX | |
| DAX30 | |
| Frankfurt:DAX30 | |
 |
|
| DOW ( US – DOW JONES INDUSTRIAL AVERAGE) | iOption |
| S&P 500 (US) | |
| NASDAQ (US) | |
| DAX (GERMANY) | |
| CAC (FRANCE) | |
| FTSE 100 (U.K) | |
| ISE 30 (ISTANBUL STOCK EXCHANGE) | |
| RTS (RUSSIAN TRADING SYTEM) | |
| TADWUL (SAUDI STOCK EXCHANGE) | |
| DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX) | |
| KUWAIT (KUWAIT GENERAL INDEX) | |
| BOMBAY SE | |
| HANG SENG (HONG KONG) | |
| SSE180 (SHANGHAI STOCK EXCHANGE) | |
| S&P FUTURE (US S&P 500 FUTURE) | |
| NASDAQ FUTURE (US – NASDAQ 100 FUTURE) | |
| STRAITS TIMES | |
| KL FUTURE | |
| ASX (AUSTRALIA) | |
| IBEX | |
| NIFTY | |
| NIKKEI 225 | |
| TEL AVIV 25 | |
| TOPIX | |
| IMKB 30 | |
| ASX FUTURE | |
| BOMBAY SE | |
| BOVESPA | |
| CAC FUTURE | |
| DAX FUTURE | |
| FTSE FUTURE | |
| ISE 100 | |
| MICEX10 | |
| NIFTY FUTURE | |
| RTS FUTURE | |
 |
|
| ASX (AUSTRALIA) | TraderXP |
| IBEX | |
| NIFTY | |
| NIKKEI 225 | |
| TEL AVIV 25 | |
| TOPIX | |
| KL FUTURE | |
| STRAITS TIMES | |
| NASDAQ FUTURE (USA – NASDAQ 100 FUTURE) | |
| S&P FUTURE (USA S&P 500 FUTURE) | |
| SSE180 (SHANGHAI STOCK EXCHANGE) | |
| HANG SENG (HONG KONG) | |
| BOMBAY SE | |
| KUWAIT (KUWAIT GENERAL INDEX) | |
| DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX) | |
| QATAR (DSM20) | |
| EGX 30 (EGYPT) | |
| TADWUL (SAUDI STOCK EXCHANGE) | |
| MSM 30 (OMAN) | |
| RTS (RUSSIAN TRADING SYTEM) | |
| MICEX 10 (MOSCOW INTERBANK EXCHANGE) | |
| ISE 30 (ISTANBUL STOCK EXCHANGE) | |
| FTSE 100 (UK) | |
| CAC (FRANCE) | |
| DAX (GERMANY) | |
| NASDAQ (USA) | |
| S&P 500 (USA) | |
| DOW ( USA – DOW JONES INDUSTRIAL AVERAGE) | |
 |
|
| UNITED STATES | Anyoption |
| Dow Jones | |
| Nasdaq | |
| Nasdaq 100 Fut | |
| S&P 500 | |
| S&P Future | |
| Vix | |
| EUROPE | |
| CAC 40 | |
| Cac Future | |
| DAX | |
| DAX Future | |
| FTSE 100 | |
| FTSE IT All-Share | |
| FTSE MIB | |
| IBEX35 (Spain) | |
| MDAX | |
| PSI 20 | |
| RTS FUTURE | |
| TECDAX | |
| AMERICAS | |
| IPC (Mexico) | |
| ASIA PACIFIC | |
| Bombay 30 | |
| Hang Seng | |
| KLSE Future | |
| KOSPI (Seoul) | |
| Nikkei 225 | |
| SP/ASX200 Sydney | |
| SSE180 (Shanghai) | |
| Straits Times (SG) | |
| TAIEX (Taiwan) | |
| TOPIX500 (Tokyo) | |
| MIDDLE EAST | |
| Dubai | |
| Tel Aviv 25 |
