Binary options are easy to use and understand. The “high-low” option is the most common binary option. The high-low option is also named a fixed-return option and gives 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 ascend above the strike price or plunge below it by the expiry time. The strike price, expiry time, payout amount, and risk are all divulged by the broker before the trade commences. The strike price of a good number 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 predict whether the future price at the expiry time will be higher or lower than the current existing rate. Currently the leading broker that you may want to check out is , however we also advise you to try out other high-rated brokers reviewed by our team.
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