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The trader will then need to determine if the asset price will go up within the stipulated time or down. If the trader chooses to place a wager on the asset value going up, they will have to select the CALL option. If the trader chooses to place a wager on the asset value going down, they will have to select the PUT option. At the end of the stipulated time, the trading system will determine if the value of the asset has gone up or down and based on the result, the trader will either win or end up losing.
However most binary options brokers offer demo accounts for new traders to practice their trading as the demo account using the real trading software or provide them with a dedicated client account manager that will help them get accustomed to the trading software.