Binary options are uncomplicated to use and comprehend. The “high-low” option is the most typical binary option. The high-low option is also termed 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 done by traders who forecast whether the cost of the stock or commodity will rise above the strike price or plunge below it by the expiry time. The strike price, expiry time, payout sum, and risk are all divulged by the broker before the trade commences. The strike price of most 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 rate at the expiry time will be more or lower than the current existing value. At the moment the top broker that you may want to check out is , but we also encourage you to check other high-rated brokers reviewed by our team.
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