To make a Prestige Option trade, you don’t need to be a rocket scientist. With Prestige Option, everyone come become a trader! Additionally, a Prestige Option trade offers you more options and easier handling than most other trades. In this article, you will learn:
- How to make a Prestige Option trade,
- Which requirements apply to a Prestige Option trade, and
- Why prefer a Prestige Option trade over other brokers?
With this knowledge, you will be able to make good, profitable trades with Prestige Option.
How to make a Prestige Option trade
Making a trade with Prestige Option could not be easier. Here’s what you have to do.
- If you are using the Prestige Option app, open the app on your mobile device. If you are using the online platform, open the platform. Since both platforms are almost identical, the rest of these steps will apply to both platforms.
- Select the open type you want to trade. For high / low options and 60 seconds options, select the respective option type, for all other option types select StrategiX.
- Select the asset you want to trade. The platform will automatically open the asset’s price chart, displaying the latest price movements. Adjust the price chart to your preferences.
- Find a trading opportunity. Using the rules your trading strategy defines, monitor the asset until you find a trading opportunity that fulfills all of your criteria.
- Invest. Once you have found a trading opportunity, set your investment amount and your expiry according to your strategy and click invest.
Once you have gone through the entire process a couple of times, it will become automatic. All buttons are clearly labeled and the layout guides your attention naturally from one step to the next.
If you want to take a look at the Prestige Option trading platform before you sign up, follow our links to the Prestige Option website, open their main page, and scroll down a little. You will see a full example of their trading platform, allowing you to judge for yourself whether you can handle trading with Prestige Option. For any normal person, it should be easy, though.
Which requirement apply to a Prestige Option trade
To make a trade with Prestige Option, you need to fulfill three criteria:
- You need to have an account with Prestige Option,
- You need to have enough money in your account to make the trade, and
- You need to invest at least $10 for 60 seconds options or $25 for all other options types.
Let’s look at each requirement individually.
Getting an account with Prestige Options is incredibly easy. Follow one of the links we provided for you and complete the sign-up process. It is entirely self-explanatory and should take you less than five minutes.
Having enough money in your account should be no problem either. Prestige Option allows you to deposit money via credit card / debit card, online payment provider, and wire transfer. Online payment provider deposits and credit card / debit card deposits are booked to your account the second you send them, which always enables you to have enough money in your account if you find a trading opportunity.
Finally, you have to consider the minimum deposit requirements. These requirements define the amount you have to invest at least per trade. In the case of 60 seconds options, you have to invest at least $10 per trade, for all other option types the minimum investment is $25.
This difference is due to the fact that traders of 60 seconds options usually place much more trades in the same amount of time than trader of option types with longer expiries. To allow 60 seconds traders to keep their investments small, Prestige Option allows these traders to invest less money per trade. With longer expiries, on the other hand, investing only $10 per trade would make much less sense, which is why Prestige Option requires a higher investment.
Thanks to Prestige Option easy deposit methods, you should always have enough money to invest at least the minimum deposit requirement.
Why prefer a Prestige Option trade over other brokers?
Compared to other binary options brokers, the Prestige Option interface is much easier to handle and provides you with added possibilities. Consequently, making a trade with Prestige Option is much easier than with other brokers and offers you a higher earning potential.
One of the main reasons for this statement is Prestige Option’s StrategiX tool. With StrategiX, you have all more advanced binary options conveniently in one place, which makes it incredibly easy and quick to find the right tool for your trade.
For example, many traders use a combination of one touch options and ladder options. With other brokers, both option types are in different subsections of their platform, which makes it difficult to switch between both. Every time you switch from one type to the other you have to select your asset again, adjust your expiry and your investment.
With Prestige Option StrategiX tool, things are easier. You only have to adjust your asset, your expiry, and your investment once. From there on, you can quickly switch from one option type to another, allowing you to react immediately to a changing marking environment, enabling you to make better trades.
Prestige Option trades are easier, quicker, and more profitable than trades with other binary options brokers. Fulfilling the minimum requirements to make a Prestige Option trade is easy, too. If you want to make your first Prestige Option trade today, follow the links we have provided for you and start your trading career now!