Demo accounts Even after narrowing down your list of potential brokers based on these criteria, you will be left with many options to choose from. You can read reviews from current and past clients to find the Best Binary Options Brokers in the field and narrow the choice pool further. As a rule of thumb, if a broker looks too good to be true, then it probably is and you should always read the terms and services before agreeing to anything. Trade Assets You’re Familiar With If you already have good knowledge of silver, don’t focus all your attention on trading oil. If you are an expert in FOREX, stay from stock trading for the time being. You must use any advantage you have and one of them is your area of expertise. However, this doesn’t mean that doing so will guarantee profitable trades right away as the market is highly volatile. Especially in short-term expiry trades, you may never know how the price can change in the next 10 minutes. The problem with trades that expire in a short time is that even if you know that silver is very likely to go up in the near future, that doesn’t mean it will go up immediately. That’s why it is better to trade in assets that you have knowledge about. It will eliminate some of the uncertainty that comes with trading.