How To Choose a Good Binary Options Course?

Apr 19, 2022

Have you found a good Binary Options Course?

Most people who are searching for one will find something. They are not too difficult to find. They come with a varying costs. Some are free and some cost a lot.

Why would someone choose to offer a free binary options course?

As they say, there is no such thing as a free lunch. The point here is, you are getting free education - and it is probably very good education...but the person offering it is not doing it for free. More than likely they are getting affiliate income from the binary options broker that they are recommending. 

That is a turn-off for some traders. I don't think it needs to be. They are simply using a very normal business model you get to benefit from it. If the education is good, then there is nothing that you need to worry about. (In a future post, we will look at the advantages and disadvantages of this business model for the customer.)

A benefit of a paid binary options course

If the trainer is accepting a one-time or monthly subscription from you for the course, they are required to give quality training...especially if it is a subscription. If they do not, then you will just easily cancel your subscription and they stop making money from you. So, even though it sounds nice to not need to pay a monthly subscription, it definitely helps you ensure that there is quality.

What makes a good course?

Ask yourself a few questions:

  • Do they respond in a reasonable time when you have questions?
    • (both before you become a customer and after)?
  • Do they offer a live trading room?
    • You want to be able to see the trades that they are taking and possibly be able to take them yourself
  • Is the training simple?
    • You don't want a bunch of training that is not going to move you toward your goal. If there is too much, or it is too complicated, it will not be focused on what you need to get where you want to be.
  • Do they seem trustworthy in their advertisements, or do they seem like they are just making content to get you as a customer?
    • Just because they have amazing results, doesn't mean they are not trustworthy - and just because they are nice, doesn't mean they are trustworthy. Determine for you what makes someone trustworthy and then listen to your principles.

These are just a few principles that can help you determine which binary options trading course can be good for you. Feel free to contact us at [email protected] if you have any questions about this or what we have to offer.

Until next time, have a great day and we do hope to see you in the Trading Room.