Select to trade stocks, commodities, currencies or indices from the hundreds of tradable financial assets available globally.
If you predict the price of the asset will rise above the current level, select the “High” option.
However, if you predict the price of the asset will fall below the current level, select the “Low” option.
Choose an expiration period and then enter the amount you want to trade. The expiration duration ranges from 30 seconds to a longer term.
When the option expires, if you predicted the outcome correctly, you will be ‘In the Money’ where you will gain a payout of up to 90%.
But if you predicted the outcome incorrectly, you will be ‘Out of the Money’, losing your initial deposited amount.
Binary Options trading is as simple as a yes or no question about the market. For example: Will the price of Gold be above $1000 at 4 p.m. today?
If you believe so, place a ‘High’ option on the asset. If you believe otherwise, select the ‘Low’ option.
In a hypothetical situation, you decide that the price of Gold will be higher than its initial value by 4 p.m. today and bid an amount of $200. After that, all you need to do is wait for the expiration time at 4 p.m. today.
When the option expires at 4 p.m. with the price of Gold trade higher than the initial $1000, you will profit up to 90% return on the $200, which is $180.
If the price of silver trade is lower than $1000 at 4 p.m., you will lose the $200 deposit.