I've been recommended by friends to start trading with binary options, since forex seems too complicated for me, and binary options seems like a simple way of trading.
But I see so many different brokers, with good and bad reviews- it's hard to choose where to invest.
If I have an amount of 3000 GBP to invest, how should I go about investing them? Should I put a little bit in several brokers' and see how each one does? Or do I put all of the investment into one broker?
If so, am I losing advantage if I deposit a smaller amount into a broker (300 instead of 3000)?
Also, if i do deposit into a broker, and it turns out to be a bad idea, will the broker refund it quickly?
Sorry for all the questions, I'm completely new at this!
Thanks, Nigel
But I see so many different brokers, with good and bad reviews- it's hard to choose where to invest.
If I have an amount of 3000 GBP to invest, how should I go about investing them? Should I put a little bit in several brokers' and see how each one does? Or do I put all of the investment into one broker?
If so, am I losing advantage if I deposit a smaller amount into a broker (300 instead of 3000)?
Also, if i do deposit into a broker, and it turns out to be a bad idea, will the broker refund it quickly?
Sorry for all the questions, I'm completely new at this!
Thanks, Nigel