This is a great question and easy to answer as well. There are tremendous advantages to trade stocks like GOOG with Binary Options. Basically stocks are probably one of the most beneficial to trade with binary options. There are several reasons for this as we will see soon. If you like trading stocks, moving over to binary options can be a sensible move. Trading stocks can be a real drag sometimes due to the various requirements of the brokers. Some brokers are of course better than others but in general it has become quite difficult to trade stocks. On the one hand it is understandable but sometimes the government just put their nose in our business too much. Can be really annoying. At the same time with all the scandals that are popping up in the US due to the lax regulations compared to EU is also a bummer. Actually you hard earned cash is safer in EU than it is in the US since EU brokers must have segregated accounts for their clients.
As you now understand, finding a good EU regulated binary options broker can be a better choice, especially a Cyprus regulated since they have forced their brokers to accept the same regulation as other brokers – Stock, Forex and Futures brokers. It is vital though that you find a good broker. There are many binary options brokers that you can choose from, just on the SpotOption Platform there must be at least 100. However, the good ones are quite few. Brokers like 24Option adn iOptions are among the better one. Avoid others like AnyOption and EZTrader as these have been proven to be less customer friendly. Also choose a broker that has decent payouts both ITM and OTM as this will affect your bottom line.
A stock like GOOG is an excellent choice to begin with as it is heavily traded, both by amateurs and pros. AAPL is of course another interesting choice in addition to the more traditional ones like MSFT or IBM. You can trade whatever you want but choose a stock you are familiar with and a stock with good liquidity. In binary options trading it is common to offer only the most liquid stocks and to offer foreign stocks as well, since binary options brokers usually caters to an international crowd. You might find out that at least half of the stocks are European or Asian. This can be interesting if you decide to trade before work for example early in the morning. This can be stressful but on the other hand with binary options you finish fast. In just one hour you can make many trades as there are options that expire in 60 seconds. We don’t recommend these options but even with a standard expiry of 15 minutes you can make 4 trades in an hour – that’s not bad. And the good thing is that you don’t have to worry about your trades at work since the trades are closed when you leave your desk to go to work. No open trades to ruin your day. Instead you can start your day have made some extra cash even before you go to work, that’s a fine start to any day.