Binary options are easy to use and comprehend. The “high-low” option is the most general binary option. The high-low option is also termed a fixed-return option and provides access to stocks, commodities, indices, and foreign exchange. This option has an expiry date/time and a strike price. Binary options trading is carried out by traders who predict whether the value of the stock or commodity will rise above the strike price or fall below it by the expiry time. The strike price, expiry time, payout sum, and risk are all revealed by the broker before the trade starts. The strike price of the majority of high-low options outside the US is the existing price or rate of the financial product such as a particular stock, EUR/USD currency pair, or stock index. The trader has to predict whether the future rate at the expiry time will be higher or lower than the current existing value. Right now the top broker that you may want to check out is , however we also invite you to check more high-rated brokers reviewed by our team.
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