~snipped~
The Op question clearly shows he got zero knowledge about trading and luckily for him he has come to do the right thing by asking the needful questions.
I don't really think OP is that lucky. I said that because the type of trading OP is on is completely different from the type of trading most of the users here are conversant with. I've read a lot of comments and the suggestions point to crypto type of trading. Deriv/Binary isn't crypto trading. It's volatility indices. Apart from it being trading, it's completely different from cryptos and even FX stuff. Except someone decides to open a thread to discuss Binary now, I haven't read anyone write about it here.