How to Trade
Trading binary options involves speculating on the future market price of an underlying asset. If, for example, a trader believes that the rate of an asset will be higher in 5 minutes than it currently is, the trader will place a CALL trade. When the trader places the investment amount, the platform will automatically indicate the potential winning amount - if the trader correctly speculates on the trade, he/she will win that aforementioned amount; if not, the trader will lose the investment amount.
Let’s take a look at some examples:
Assume the USD/EUR rate is now 1.2345. Based on the market movement and graphs, you will be trading on whether the rate will increase (select Call) or decrease (Select Put) at a given time (end of trade time).
Scenario 1: You selected Call, and when the trade expires, the USD/EUR rate is higher than 1,2345. The outcome of this trade is called In The Money - which signifies a Win.
Scenario 2: You selected Put, and when the trade expires, the USD/EUR rate is lower than 1,2345. The outcome of this trade is called In The Money - which signifies a Win.
Scenario 3: You selected Call, and when the trade expires, the USD/EUR rate is lower than 1,2345. The outcome of this trade is called Out of The Money - which signifies a Loss.
Scenario 4: You selected Put, and when the trade expires, the USD/EUR rate is higher than 1,2345. The outcome of this trade is called Out of The Money - which signifies a Loss.
Scenario 5: The price at the end of the trade is exactly the same as the price you traded for. The outcome of this trade is called At The Money, which signifies a Tie.
How to trade binary options in details:
Firstly, you will need to select the asset you wish to trade. To do that, you will be watching the movement of the different assets and select one with a clear trend. We highly recommend that you specialise in a specific asset (e.g EUR/USD) or asset classes (e.g Currencies, Commodities, etc).
Secondly, you need to see if the asset's price will increase or decrease based on the trends you examined, or based on information obtained from market analysts.
How to trade:
1. Select an asset from the menu.
2. Select an action: Call or Put.
3. Select an amount.
4. Select the expiry time for your trade.
5. Check signals.
6. Track your trade on the live graph and follow the progress of your investment.
What are the types of trade available?
Binary Option: This is the most common high/low option which is preferred by most traders. If you think the price of your asset will increase, you choose Call and if you think it will decrease you choose Put. The trade will end depending on the expiry time of your choice (60 seconds, 3 minutes, 5 minutes, etc).
One Touch or Strike Out: One Touch allows you to make up to 600% in profit, as long as the predicted Target Price is reached just once before the predetermined expiry time. The predetermined expiry time is usually between 3 to 5 business days.
The Strike Out option type allows to make up to 850% in profit, as long as the predicted Target Price is reached or passed at the expiry of the option. Unlike the One Touch feature, reaching the Target Price just once isn't enough to make a profit – the asset has to expire above or below the current price by the end of the predetermined timeframe.
Social Trading: Follow other traders and copy their trades with the click of a button. By simply clicking on the "Social Trading" tab on the trading platform, you will be able to see details of that trade including the date and time it was placed, the asset traded, the direction of the trade, and the winning percentage of the user.
Trading Robots: Automate your trades by simply selecting your assets, studies, and trade amount. The system will then automatically launch a trade based on the signals received from the studies, for the assets of your choice, forthe amount which you selected.
Call: It is a prediction of an asset price's increase over a predetermined period of time.
Put: It is a prediction of an asset price's decrease over a predetermined period of time.
Strike price: The asset's rate upon activation of the trade.
Expiry price: The asset's rate upon expiry.
Expiry date: The asset's closure date.
In the money: Indicates a winning trade
Out the money: Indicates a losing trade
At the money: Indicates a traded ended in a Tie.