Binary options are easy to use and understand. 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 done by traders who decide whether the cost of the stock or commodity will ascend above the strike price or fall below it by the expiry time. The strike price, expiry time, payout sum, and risk are all divulged by the broker before the trade begins. The strike price of a good number 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 decide whether the future value at the expiry time will be higher or lower than the current existing rate. Right now the leading broker that you may want to explore is , however we also invite you to look into more high-rated brokers reviewed by our team.
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