Step 1: Define your position
Trading binary options is relatively easy, and you can purchase a trade in only three simple steps.
First, you need to set the parameters of your trade. Here's what you need to consider.
- Underlying marketChoose the asset you wish to trade, such as gold, oil, stocks, or currency pairs. The value of a binary option is derived from the price of the underlying asset. One advantage of trading binary options is that you are not buying or selling the actual asset, only a contract that determines how that asset performs.Choose from five types of markets and their respective assets:
- Currencies - All major Forex pairs
- Indices - All major worldwide stock indices sourced from the over-the-counter market
- Commodities - Major commodities such as gold and oil
- OTC stocks - Blue-chip stock contracts sourced from the over-the-counter market
- Volatility indices - Binary.com's proprietary indices that simulate market forces
- Trade typeThere are four main trade types for you to choose from:
- Rise/Fall - Predict if the market will rise or fall from its current level
- Higher/Lower - Predict if the market will end higher or lower than a target price
- Touch/No Touch - Predict if the market will touch or not touch a target price
- In/Out - Predict if the market will stay between or outside two target prices
- DurationSet the length of your trade, from 10 seconds to 365 days.
- Barrier(s)Set barrier(s) to define your position and trigger the payout you will receive.
- PayoutEach trade comes with a pre-determined payout that you will see after adjusting each parameter. You’ll win the payout if your prediction is correct. If not, you will only lose your initial stake.
Step 2: Get your contract price
Our prices are benchmarked against the interbank options market. You’ll receive fair and transparent pricing, whatever your position.Step 3: Make your trade
When you are satisfied with the price that you receive, execute your trade immediately. With our unique platform, you won’t have to contend with ‘slippages’ or gaping markets. And most importantly, there are no invisible fees. You can also sell back any long-term trades at any time before they expire to protect the profit you may have earned or to minimise your losses.Interested? Why not try a virtual account
Test-run Binary.com, and sharpen your trading skills, with a no-risk, no-commitment, virtual account.Define your positionGet your priceMake your tradeBinary Options Basics
Binary options are easy to understand. They're called 'binary' because there can be only two outcomes - win or lose. If your prediction is correct, you receive a payout that is determined at the start of the trade. If not, you just lose your initial stake.
You only need to make four decisions to execute a binary contract.1. Choose the Underlying
The first thing to do is choose the asset you wish to trade, such as gold or oil, stocks or FX rates (The value of a binary option is derived from the price of the underlying asset). A big advantage of trading options is that you are not buying or selling the actual asset.2. Choose the Duration of the Trade
Each binary option contract runs for a set time - with Binary.com you can choose a contract that runs between 10 seconds and 365 days.3. Choose how you want to Trade the Market
Binary.com offers you four ways to trade a particular asset:- Rise/Fall - Predict the market rising or falling from its current level.
- Higher/Lower - Predict the market ending higher or lower than a price target.
- Touch/No Touch - Predict the market touching or not touching a price target.
- In/Out - Predict the market staying inside or going outside two price targets.
4. Choose your Stake and Potential Return
Specify your payout, which is your potential return if your prediction is correct. Our system will proceed to calculate your stake, which is the total cost of purchasing the contract. Binary.com offers payouts from $1 to $50,000.
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