Option Range Increases Binary Assets

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Option Range Increases Binary Assets

Option Range, one of the top trading platforms for binary options, has increased its binary assets for the weekends. Monthly binary assets too will get a boost. This move was made by the trading platform as it recognized the fact that its investors wanted options for trading even when markets are not open. Investors looking for a platform that allows them to trade at their convenience will sign up with the company.

Some of the assets that can be traded in, on a long and short term at Option Range, are stocks, indices and commodities. This wide range of options indicates that the company is committed to catering to the requirements of different traders.

Commodities, Stock Options and Forex Pairs Offered

Two weekend and monthly options that traders will have access to are commodities of crude and gold, and Standard & Poor Futures. Apple and Google stock options are being offered exclusively for monthly trading. In addition to these, forex pairs are offered for both terms. Traders will have access to all the pairs except for that for New Zealand.

The company was launched in 2020 and has since had a large customer base. One of the reasons for this is its wide range of binary options. They are offered in three categories at the company – range binary, touch binary and digital binary. All three have a number of takers at Option Range.

Demo Account for New Investors

Option Range has a demo account, which will be beneficial for investors who are new binary options. Through this, they can learn to trade binary options. The demo account comes with virtual money amounting to £500. This can be used when trading with the account. Once investors are familiar with the account, they can use the real money account.

Just as this encourages investors to trade with Binary Options, so does its low minimum deposit requirement of £50. The company also has trading tools called ‘Extend’, ‘Stop Loss’ and ‘Take Profit’. With Extend, traders get to lengthen the time for which the binary option stays open. Stop Loss and Take Profit are tools that allow them to sell options before expiration, to reduce potential loss and ensure profitability is retained.

Get More Trading Options from Option Range

Option Range is a leading binary options trading platform catering to traders across the world. The trading platform, which is powered by TradoLogic, will be allowing range binary options trading in shorter intervals of 30 and 60 minutes. However, these new range options will be available only for a limited period and can be used for EUR/USD, GBP/USD and the EUR/GBP currency pairs. The return ratio of these new options is a whopping 171%.

Wide array of trading options

Currently, Option Range has a good assortment of trading options for all the assets it covers, including commodities, currencies, stocks and indices. Investors using the Option Range trading platform have three trading options – digital trading, touch trading and range trading.

Under the digital trading option, a trader will predict the performance of the asset and is considered to be in-the-money if he gets it right and out-of-the-money otherwise. In the touch trading option, a trader gets to predict if a particular asset will ‘touch’ a predetermined strike price within a given time frame, or not.

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The new range options allow the trader to predict if the value of the asset will remain between two preset points (prices) within a particular time period, which is 30 minutes or 60 minutes.

More assets to get new trading options

Option Range has also announced that it plans to add more number of trading options for its other assets, for which it would increase the maximum trade amount. With regards to its new options, the company has received a positive response from its members, after it had offered a 20% bonus to all the deposits above $100, till February 19, 2020.

Suitable trading options for beginners and experts

Whether you are a novice or a seasoned binary options trader, Option Range has excellent trading options for you. The trading platform is easy to use and is considered as one of the most secure in the world. The platform can be accessed directly through your web browser, and requires no download or installation. The platform also offers tools such as Close, which allows traders to close their trade before expiration, and Extend, which allows them to extend the option’s expiration time after buying.

Binary Options Basics

Are you new to Binary Options trading? Then you need all the help and information on Binary Options basics! We will show you where to go to help you get started with options trading, one step at a time.

Just as in real life, it takes a lot of dedication and motivation to succeed in binary options trading. The training services we recommend are designed to educate our visitors regardless of whether they are novice beginners or experienced veterans. The topics include some of the latest developments in the field of option trading and bring you up to date with information you can use to hone your trading.

The training has been designed to show you exactly how to trade.

But to start, here are some of the Binary Options basics.

What are Binary Options?

Binary Options are perhaps the simplest financial trading instruments that you can find in the market. The options are “binary” because the trade can either be in the money or out of it, all you are required to do is predict whether the price of the asset increase or stay below a predetermined value when the contract expires. If your prediction ends up coming true then you are awarded the full amount stipulated in the contract, and if it does not then you win nothing.

Unlike the stock markets where the amount you can make depends upon the value of the underlying asset, the returns in binary options trading are fixed and non-negotiable.

Binary options have become a very popular form of trading in Europe because of their simplicity and also because you are not required to invest thousands of dollars in order to get started. All you have to do is signup with a broker and start trading, most will only require you to deposit between 100 to 500 dollars and many of them give attractive signup bonuses.

They are also becoming ever more popular in the USA. They used to originally only be the realm of Large investment banks that used them as an OTC (Over The Counter) instrument.

How Do Binary Options Work?

Depending on the broker you sign-up with you have a number of different asset classes you can trade using binary options; these include commodities, stocks, indices and currencies. When you buy a trade, you place a Call Option and when you are selling a trade you place a Put Option. The contract can last from 1 minute to 30 days and once again, the length of the contract will depend upon the broker(s) you sign-up with.

Before you can get started, you will have to sign-up with a broker who is basically an intermediary who provides you with a platform through which you can place your trades. You will be required to deposit a minimum amount with the broker and it will be from this amount that your trades will be placed.

What is a Binary Options Broker?

A broker is a service provider who has access to the financial market. These intermediaries have all the tools needed to help you trade and provide you with the assets and the options. Most brokers are situated in Europe and many have their head offices in Cyprus, mostly because of better regulation and tax structures.

A broker also has the required software which helps you to place your trades, these platforms have many different features and come with advanced charting and reporting features that can help traders place more informed trades.

Types of Binary Options

While the basic Up/Down Binary Options are provided by almost every broker, there are several variations which enterprising brokers have added to their platform, here are a few of them:

  • High/Low Options: In these types of contracts, you have to predict whether the price of the asset will be higher or lower than a predetermined value. The target price that the rise or fall is measured against at the expiration of the contract is known as Strike Price. You can set the expiry deadline on the price of the asset along with the call or put options.
  • One Touch Option: In these types of options you have to predict whether the price of the asset will touch or stay within a certain value. When selecting one touch options, you have to determine the position of the barrier and the time of expiration of the contract. In these types of options, only two outcomes are possible, i.e. the option breaches the barrier or it does not.
  • Range Options: These are options where you have to determine whether the price of the asset will fall between two ranges or stay outside of them. You can determine the range of the assets as well as the expiry time. Finally, you will have to predict whether the price will remain within the range or stay outside of it.
  • 60 Second/Turbo Options: These are simple High/Low Options however with a time bar of only 1 minute. You have to determine whether the price of the asset stay below or rise above the strike price. These types of options are ideal for persons who are looking for a way to make some quick money by capitalizing on short term market trends. You should also know that these options are perhaps the riskiest there are as the movement of most assets tends to be very erratic on shorter trends.
  • Ladder Options: These are perhaps the best kind of Binary Options there are! In them, you are given a range of different price levels which are placed in an equidistant manner from each other. You have to determine whether the price of the asset will end up above or below at each price level. The advantage of ladder option is that it can allow you to “lock” your profits in place if the price of the asset goes according to your prediction on a particular price level. Such a system to an extent mitigates the “all or nothing” character of binary options trading and returns at least some profits if your predictions pan out on some of the rungs of the ladder.

These are some of the basics that should help a trader get started, when trading in binary options you have to bring yourself up to speed on many aspects including the historical trends that an asset has traced, and how the market has been behaving among other things.

The Trading Club is designed to help you trade better by understanding the underlying dynamics of both binary options in general as well as your chosen asset(s). The training provided by the Trading Club is offered via Skype as well as the phone and has some of the most experienced traders in the field sharing their views and expertise with new and upcoming traders. Some of the things covered include:

  • Binary options fundamentals.
  • Chart analysis.
  • Technical analysis.
  • Market research.

In short, the Trading Club will point you in the right places for all the training you will need to succeed in Binary Options Trading. Remember, the information that you will be introduced to will come straight from highly experienced professionals who themselves are raking in thousands upon thousands of dollars per day.

Sign up with the Trading Club today to learn the basics of Binary Options.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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