What are Binary Options
Binary options are based on a straight forward yes/no proposition and provide a fixed and predetermined return. Additionally, OptionFair’s easy to use platform offers an ideal way to enter the world of financial trading. You just need to predict whether a specific stock, commodity, indices or currency will rise or fall in value over given time period. Since the payout is a preset sum, you know the potential risk and return from your investment in advance of the trade. In the event that your trade is unsuccessful, at most, you lose your initial investment. However, if you have correctly anticipated the direction of the asset at the time of expiry, then you will receive a fixed return that is defined prior to opening the trade.
How Do I Make a Binary Options Trade?
After completing your registration, depositing money and fully verifying your account, you can start trading in the trading arena trading page- no download required, with 3 simple steps:
- Choose an asset that you would like to trade as a binary option from the drop down menu.
- Select “High” if you think that the price will be above the current level at the expiry time. Select “Low” if you think that the price will be below the current level at the expiry time.
- Enter the amount you wish to invest and click “buy”.
Why Trade Binary Options?
- Fast & Straightforward – Will the asset rise or fall in value? Binary Options are a predetermined trading contract with all possible outcomes known prior to opening the trade , a trade can be completed in as little as 60 seconds, in case of successful trading returns are awarded instantly.
- Low Investment & High Returns – A position can be opened with as little as $10 and returns can reach up to and over 85% on every single successful trade.
- 24 Hour – Binary options can be traded around the clock, whichever direction the market is moving a trader can still benefit in the case that he opens a successful trade.
- Prefixed Payouts – The payouts are set in advance of the trade and no more than the initial investment amount can be lost, for maximum transparency and pre-known risk.
- Hedging – Binary options trades can be used to offset potential risks to a traditional portfolio through hedging on open market positions.
The Benefits of Trading Binary Options with OptionFair
OptionFair’s popular binary options offering enables you to transition between binary and our other products at a click, all using a single wallet.The Option Fair Advantage includes:
- A user-friendly interface – Straightforward design and an intuitive platform.
- Diverse Trading – With the ability to choose either side of a single option.
- Trading via any device – account access via desktop, laptop, mobile or tablet.
- Multiple trading tools – advanced in-window charts and indicators.
- A variety of instruments – High/Low, Boundary, Short Term, Touch/No Touch.
- Numerous expiry times- ranging from a minute or two, up to the end of month.
- Exclusive educational resources- videos, e-books, personal training, webinars.
- Hundreds of assets – currencies, commodities, stocks and indices.