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How do I set up a binary options trading account?

First, be sure to do your research. There are many brokers that offer the ability to trade binary options online, but not all are equally reliable. Check to see where the broker is located and what kind of returns it offers its customers. Inquire about the percentage cut the broker takes on winning or losing a trade. Additionally, make sure to get a feel for the layout of the website and check if they have positive reviews from other past users. Finally, pay special attention to security features to ensure your money will be safe.

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Most trading platforms make setting up an account relatively easy. Typically, you will be asked for basic personal information including your name, country of residence and date of birth. If you are unsure about the registration process, many sites offer demo accounts or make demo videos to walk you through the process of creating your account and starting your first trade.

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