It is highly recommended that traders choose a proper money management strategy which limits the total consecutive trades or total outstanding investment.It is recommended to use Mozilla Firefox or Google Chrome web browsers when trading on MagnumOptions.Today online trading has been chosen as the best way for the people who love to make money in their finger. Binary Option Trading is a kind of trading which has gaining its importance now a day in the market and most of the people are giving more and more interest on this trading. To be straight forward, this trading option gives profit but it does not provide extreme profit. This Binary Option Trading some times also called as Digital Trading or All or Nothing Trading where the investors are provided with fixed payout once all the criteria are met and nothing if the criteria are not met. Therefore at the end one will have a binary result, fully paid or zero paid and thus it has got the name Binary option.There are around 70 options of assets for a binary option trader. Assets of Binary option fall into different category like Indices, Currency Pair, Commodities and Stocks. Best among the indices are Dow Jones and Nasdaq, Best currency pairs are AUD/USD, EUR/GBP and EUR/USD, Best commodities choice are Gold, oil and Copper, Best stocks of different companies are Apple, Microsoft, Google, Citigroup, British Airways, Vodafone and Morgan Stanley.This is the factor which plays an outstanding role in the binary option trading. This will decide not only the options expiry date but also the amount of profit one gets from the options trade. Today there are many choices for expiry times and the chooser must be more careful. There are options which will end up in next few seconds, minutes, or hours. These type of options provides a good profit and is very handy for experienced traders as they will know the outcomes of the trading very well. There are also expiry options of a day, week and month, but it is highly essential for the trader to know when to choose them. Generally it is very good to choose these long term expiry when the assets are in multiple choices as this will give a decent increase in profit over time.There are numerous types of binary options and major among them are Cash or nothing binary option and Asset or nothing binary option. In Cash or nothing binary option the buyer will be paid a fixed amount when the option expires and in Asset or nothing only the value of the asset will be paid. Three other most important and outstanding binary options types are One Touch, No Touch and Double One Touch / Double No Touch. All of these work in completely different way which is explained below. In One Touch the contract of the buyer will end soon after the asset price meets the predetermined mark. No Touch binary option is completely reverse of One Touch and here the contract will be paid to the buyer if the contract expires without reaching to the certain level. In Double one Touch and Double no touch binary options there will be two levels and the asset price has to reach to both the levels in the first option and it should not reach to both the levels in the later option.Today online trading has got more importance and people are looking forward to make money very easily by involving in trading. There are many websites where one can trade and they are providing many bonus offers to attract more and more customers. Binary option trading is the best choice for the full time and also for part time traders as there will different categories of bonus offers made available. The most prominent among all the bonuses are membership bonus where one will get some extra amount added to the account when joined to any of the online trading system. When you join with an initial deposit of 100 some of the trading system provides 100 and thus the total deposit in the account will be 200 which can be used for trading. But the main important thing to be considered here is the terms and conditions. This deposit amount can not be withdrawn until some threshold is reached this will make the trader to loose even his/her deposit amount. Watch out for all these spikes and have a good comfortable ride in online trading.The traders have to be kept happy by motivating them with different offers now and then. This helps to keep the customers intact in the system without loosing them to other trading systems. Here one can accept loyalty offers when you deposit some amount in your account. This is to attract and make the traders to deposit more amount and trade more. This will increase the popularity of the system and hence it can be called as the marketing strategy used by many online trading systems.The main reason why people trade online is to get good returns. Generally in binary option trading there will be a good return. In binary option trading there will be a return of 81 for the trades which are in the money and there will be a return of 15 for the trades which falls out of money. The return provided for trades which falls out of the money is outstanding in this option of trading and this is the main aspect which has attracted more customers for binary option.The banking in binary option trading is made easy as the traders can deposit or withdraw the money through the wire transfer, Money Bookers and credit cards. This easy mode of transaction and the less commission for every transaction has made the traders to trade more and more.The support provided for the traders is outstanding. If there are any issues in binary option trading the support team can be contacted at any point of time and in any means like telephone, chat, or email. This support will provided for 5 days of the week.There are many software platforms available for binary option trading and some of the software will provide good understanding of the various aspects of the market which will make the traders to have a good analysis of the future market. There will be a day to day trade market news published which is very important for the traders.