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24option offers binary trading on coffee

29 March 2013

(PRESS RELEASE) -- Coffee is a great way to energize your mind and body, and now it is also a great way to energize your bank account as 24option introduces trading in this popular commodity. The coffee binary option being offered gives traders a method for profiting from the movement in the price of coffee. Coffee has long been a popular agricultural commodity staple among traders and speculators. This option has been added to increase the flexibility of traders looking for a broader base of assets in which to trade.

Gaining access to trading in coffee options is as easy as visiting and taking 2 minutes to open a new account. Once the account has been funded a trader from any corner of the world can begin profiting from the movements of coffee and of other financial assets.

“As the number of binary option traders grows, so do their expectations for accessing world markets. Expanding our offerings into commodities such as coffee gives traders increased flexibility in their trading and their ability to diversify their accounts. As markets ebb and flow, it allows traders to focus their capital on the markets which are trending strongly and providing the greatest current opportunities,” said Matthew Williamson, a spokesperson for 24option.

Coffee is not the only commodity being made available to traders at 24option. There is also the possibility to trade in the precious metals markets, in crude oil, and in corn. Plus, 24option provides instruments for trading all the following as well:

- Currency pairs such as the popular EUR/USD cross.
- Stock indices from around the world including the Hang Seng, S&P 500, Nikkei, CAC 40 and more.
- Individual stocks from around the world.

Agricultural commodities such as coffee are heavily influenced by weather and geopolitical risks, making their trends long lasting and easily followed. This makes them a perfect match for the binary options trader, who can swiftly profit from a strong trend in coffee or other commodities. Currently there is a looming shortfall in coffee supply, and those who are able to follow the trend and have access to the market stand to profit handsomely.

“With so many markets and assets to choose from, we carefully analyze which ones make the best fit with our binary options trading platform. Coffee has a good amount of trading volume and can be analyzed for price changes, making it a good match for our traders,” said Mr. Williamson.

While it may be uncertain if the price of coffee will rise or fall, what is certain is that it will rise and fall. Those who are able and willing to analyze the reasons for movements in the price of coffee beans can now profit immensely from their efforts and knowledge through the 24option coffee binary options.

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