Binary options are uncomplicated to use and comprehend. The “high-low” option is the most common binary option. The high-low option is also called 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 carried out by traders who decide whether the rate of the stock or commodity will increase 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 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 price at the expiry time will be higher or lower than the current existing price. Currently the most popular broker that you may want to check out is , nevertheless we also advise you to try out other high-rated brokers reviewed by our team.
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