Binary options are uncomplicated to use and comprehend. The “high-low” option is the most general binary option. The high-low option is also named a fixed-return option and offers access to stocks, commodities, indices, and foreign exchange. This option has an expiry date/time and a strike price. Binary options trading is performed by traders who forecast whether the rate 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 amount, and risk are all revealed by the broker before the trade commences. The strike price of the majority of high-low options outside the US is the current price or rate of the financial product such as a particular stock, EUR/USD currency pair, or stock index. The trader has to decide whether the future price at the expiry time will be higher or less than the current existing value. At the moment the top broker that you are advised to check out is , nevertheless we also invite you to try out more high-rated brokers reviewed by our team.
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