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 provides 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 value 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 revealed by the broker before the trade commences. The strike price of the majority 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 decide whether the future rate at the expiry time will be higher or less than the current existing value. At the moment the most popular broker that you can explore is , but we also encourage you to look into other high-rated brokers reviewed by our team.
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