Binary options are simple to use and comprehend. The “high-low” option is the most typical binary option. The high-low option is also named 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 carried out by traders who decide whether the cost 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 sum, and risk are all disclosed 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 predict whether the future rate at the expiry time will be greater or less than the current existing price. Currently the leading broker that you are advised to check out is , however we also advise you to check other high-rated brokers reviewed by our team.
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