What are Binary Options?
Binary options are a simple way to trade price fluctuations in a wide range of financial markets. Binary options have different profits, costs, risks, liquidity structure and investment processes than the traditional (vanilla) options.
With Call/Put binary options, the trader determines whether the price of the underlying at the termination of the contract will be higher or lower than the price at the beginning of the contract.
Touch Binaries - binary options on FX currency pairs with 2 remote strike prices set around the open price of the option. At order initiation the client defines a target price level (which is the strike price that makes the option mature with profit, i.e. ITM) and
the contract duration. At the same time the system automatically sets the second target price level (which is strike that makes the option mature at a loss, i.e. OTM) on the other side of the current instrument price and on the same distance from it.
Traders have the possibility to automate part of their binary trading activity using a special functionality - chained option contracts. It allows traders to use two types of strategies: Winning and Martingale. If you have any concerns regarding in which and how to use
copy trade, you can make contact with us at the internet site. Winning is a follow-the-trend strategy, one of the most popular in binaries trading. Martingale strategy doubles the contract size if the previous one has been unsuccessful.
