An Introduction To Binary Options at optionFair
If you are looking to trade the financial markets in a quick and uncomplicated manner then you can look no further than Binary Options. Also referred to as Digital Options and “All or Nothing” options, Binary Options and its increased popularity over the last year can be attributed to a number of factors; Increased volatility in markets, high returns possible, low risk and just simple investment choices required to name but a few. Anyone, with little or no financial knowledge or trading experience can master the safe, easy-to-use trading platform like that of optionFair to generate large and fast returns.
What are Binary Options?
Trading in Binary Options involve the buying of an option, which is the right (option) to buy an asset. You do not actually purchase the asset itself; instead you purchase the option to buy an asset at a fixed price, for a fixed return, over a predetermined period of time. The contract will state all the fixed prices, returns and time periods at its onset and at optionFair the fixed return can be anything up to 85% and the time period just 5 minutes. Options can be traded online in any number of underlying assets and these include Oil, Gold, Stocks such as Google and a large list of currency pairs
How to Trade Binary Options at optionFair
One of the biggest factors in the mass appeal of Binary Options and why it is fast becoming the new evolution in financial trading is the simplicity of trading; speculating on the direction an asset is likely to move. At optionFair trading can be executed in four very easy steps:
Step1: Enter the trading arena and choose the type of instrument you would like to trade by clicking on the instrument tab. It will be High/Low, One Touch or Boundary
- High/Low You predict if the market price will be higher or lower at expiry time
- One Touch You predict if the market price will touch or not touch a target price before expiry time
- Boundary You predict if the market price will be located inside or outside a range formed by two target prices at expiry time
Step2: Choose what asset you would like to trade from the list of available assets
Step3: Select the prediction on the optionFair trading slip
Step4: Enter the amount you wish to invest and click “buy”.