Binary options are simple to use and understand. The “high-low” option is the most general binary option. The high-low option is also named 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 decide whether the rate of the stock or commodity will ascend above the strike price or descend below it by the expiry time. The strike price, expiry time, payout sum, and risk are all disclosed by the broker before the trade commences. The strike price of a good number of high-low options outside the US is the most recent 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 more or less than the current existing price. Right now the leading broker that you may want to check out is , nevertheless we also invite you to try out more high-rated brokers reviewed by our team.
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