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 carried out by traders who forecast whether the price 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 starts. 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 forecast whether the future rate at the expiry time will be greater or less than the current existing price. Right now the top broker that you can consider is , but we also advise you to try out more high-rated brokers reviewed by our team.
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