MRIEHEL, Malta, July 1, 2016 /PRNewswire/ -- OneTwoTrade, the industry leader in online binary options trading, looks at the recent Brexit vote and its impact on financial markets. In the world of currency trading, the market volatility that has proliferated since the referendum results came in marks both an opportunity for traders as well as a series of potential pitfalls.
The online financial community has been rocked since last Thursday by the news that the British people voted to leave the European Union. The referendum result, which was unexpected as polling as recently as the Wednesday before the balloting showed the "Remain" vote with a narrow lead, sent shock waves around the world. Political and economic figures everywhere have had to figure out how to respond, and while the scale may be smaller for them, OneTwoTrade and its binary options customers have skin in this game.
The market volatility that erupted after the Brexit vote has both shaken and invigorated binary options traders. As with any crisis situation, there were opportunities for success even when market share values were dropping rapidly, and OneTwoTrade was positioned to assist customers in spotting those opportunities, whether in stock indexes, commodities, or currency trading.
OneTwoTrade's staff stayed on top of the news, using ongoing developments to produce a series of daily market news articles, distilling the ups and downs of the trading markets into an easy-read report that traders can use to orient themselves to current events. The market reports also provide some analysis, helping connect the dots between the news as reported and the markets' reactions. In short, the reports make sense of this week's volatile markets.
Binary options trading is uniquely suited to offer traders of all stripes the chance to benefit from market volatility. Making each trade a simple choice between up or down on a given asset, an options broker like OneTwoTrade makes it easy for online traders to get their money into the markets as soon as they see a reaction to the latest news. Binary options can be traded on stock indexes, currencies, and commodities, as well as individual stocks, so traders could choose the asset best suited to their own portfolio. Due to the dramatic shifts in value of the British pound and the Japanese yen, currency trading has been especially enticing in recent days.
OneTwoTrade is primarily a binary options broker, but it offers traders all of the major currency pairs, plus a variety of minor pairs, through its simple, user-friendly webtrading platform. The platform allows traders to place binary options on currencies, and to track the pairs in real time with a simple charting display. Ease of trading and real time information make a powerful combination for successful currency trading during times of market volatility.
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