Hi! Doubts are a normal reaction, especially when it comes to a risky business like binary options. Let me start by saying that it is important to understand: start your own binary options brokers is not exactly a “business” in the usual sense. It is rather a financial instrument for short-term trading that allows you to predict the price movement of assets (stocks, currencies, goods, etc.). And, yes, you can start with minimal investment, but this does not guarantee success. First, you need to choose the right broker. This is exactly the moment when it is easy to fall for scammers. There are several signs that can help you avoid fraud: the broker must be licensed and have positive reviews on independent forums or websites. There are also regulators that control brokers. This ensures that the broker will not disappear with your money the moment you start earning. I recommend starting with brokers that have demo accounts where you can practice without investment.
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I would also advise trying to work not only with brokers, but also using analytics that can tell you when to enter or exit a trade. Various chart analysis applications are very helpful, allowing you to set up signals and monitor market movements in real time. This helps a lot to save time and avoid impulsive decisions.