Binary Options are the most popular trading instrument at Financeyards platform. It is by far the easiest tool for trading, especially for beginners.
You can trade very easily, in just three steps. You choose the asset you want to trade, you enter the amount that you want to invest and you choose whether the price of the asset will be above or below at the time of expiry.
In case you choose an expiry time that is very close to current time, the transaction might not be completed. In such a case, you will have to choose a later expiration time.
This specific category of options differs from the others with respect of expiration time, as available expirations refer to the same day.
For example, if the price of gold is currently at 1500 dollars per Oz, will it rise or fall by 5:00PM? The trader never purchases an asset, only predicts the market direction. A correct prediction results in an “in-the-money” trade.