What are Binary Options
Take an opinion on top financial markets with limited risk, short-term, innovative binary options.
What are Binary Options?
Binary options are limited risk contracts based on a simple yes/no market proposition like will the markets go up by the end of the trading week.
Binary options offer traders ways to trade the most active stock indices, commodities, forex, event and bitcoin markets with relatively low collateral.
How do Binary Options work?
Binary options ask a simple yes/no market question.
Will the price of gold be above $1700 at 1:30pm?
If you think yes . you buy the Binary Option. If you think no . you sell .
The price at which you buy/sell is not the actual price of gold, but rather a value between zero and 100.
The bid/offer price fluctuates throughout the day, but always settles at either 100 (if the answer is yes) or zero (if the answer is no). Your profit/loss is calculated using the difference between the settlement price (zero or 100) and your opening price (the price you bought or sold at).