What is Binary Trading?
Binary trading allows users to enjoy all the action and potential profit of the market without any of the risk of actually owning the underlying asset.
Traders speculate on the direction the price will move- up or down
Your payoff is known in advance, so you always know exactly how much you stand to earn or lose at the expiry.
Even if the asset only moved one cent in your direction at expiry, you win!
The idea behind binary trading is simple. The trader determines if a certain asset's price will go up (Call) or down (Put) within the chosen time frame.
- Each direction displays the return percentage.
- If the trade ends with the asset in your chosen direction you are "In the Money" and receive your predefined payout. If it goes in the opposite direction, you are
"Out of the Money" and will not receive a payout.
- Your trade begins once you follow the 4 steps and hit the "TRADE" button.