Chapter 1 - Introduction to binary options trading: brokers, how it works, example of trade Chapter 2. A type of option where the payoff depends on both the price levels of the strike and the underlying asset, like. Lesson 1 of our binary options trading videos will help you understand how to succeed in binary trading. Thanks for checking out Binary Options University. To successfully trade you need paysafecard online per paypal bezahlen practice money management and emotional control. There is no leverage to contend with, and phenomena such as slippage and price re-quotes have no effect on binary option trade outcomes. Some brokers even give traders the flexibility to set their own specific expiry time. Some of the brokers include 24option, GTOptions, Banc Worms classic Binary and Trade Rush. There are many misconceptions about binary options, so it is really important that traders understand exactly what they are--and what they are not--in order to use them effectively. This makes risk management and trading decisions much more simple.