Though it sometimes feels as if we have been trading binary options forever, in all reality it has only been a few short years, and they are still fairly new instruments at the retail trading level (institutional investors and investment banks have had access to binary options contracts for decades). The “newness” of this financial markets trading niche, and the simple nature of these instruments means that a very large portion of the people coming to them are new to the concept, and quite often new to trading altogether. And it is for this reason that we place such importance in our reviews on the binary options education materials provided by the brokers. One bit of important educational material that nearly all top brokers offer is an introductory level binary options guide aimed at beginner binary options traders.
The 24Option Binary Options Guide
Some brokers offer a downloadable binary options guide, while others simply host the guide or ebook on their website. The image above is taken from the 24option education section and shows the introduction from their own binary options guide, housed right there in the education section and not requiring download. Keep in mind that these guides offered by brokers are not a binary options strategy guide. They are strictly introductory texts aimed at introducing the basics to beginners. Although some do contain more useful strategy information than others, if only at a basic level.
99Binary & Traderush Binary Options eBook
The Traderush binary options ebook shown above is a good example of one of the more substantial guides offered by brokers. It is still on a very basic level, of course (that’s the whole idea behind them after all), but it does contain some actual useful trading information that beginners can benefit from. And most of these guides are available completely free to anyone, depositing client or not. Including the Traderush binary option guide, which you can download for free here.
Basic Binary Options Education For Beginners
Now, because of the fact that most good binary options brokers offer their guides or ebooks for free to anyone, client or not, it may be a good idea to visit a few of the better ones (like those pictured here for example) to download several different versions. This allows you to get a clearer and more complete picture of how binary options trading works at various brokers. This is helpful not only from an educational perspective, but also in terms of evaluating the brokers which you may be considering. The 99Binary ebook, and the Traderush guide that we have included here were two of the best we could find while researching for this article and we highly recommend them both for beginners. However, these are certainly not the only decent binary options guides out there, and most are at least sufficient as a basic introduction to the subject. If a broker which you are considering trading with does not offer any kind of binary options guide or ebook, or at least a basic education section, then we would recommend you avoid them.
And if you have any suggestions for great free ebooks, trading guides, or any other free quality binary options education resources, then please feel free to share in the comments section below, or through the contact us form! Thanks for stopping by!