A Close Conception of Binary Option Trade
In a lot of cases, traders conduct binary business via brokers and trading companies. Such companies provide the traders with a payout, if the price ends up above the initial price that ranges 70 to 90%. For instance, if a digital option platform offers a payout of 90%, a trader will receive $380 from their investment of $200. But if a trader loses, they get a little rebate (in most cases it is 10%).
Binary option trading was named so due to the fact that in this kind of trade, there can be only two results; loss or profit. It’s a quick, 'all-or-nothing' trading type, very easy to understand – thus, very simple to manage. When the traders use good all-or-nothing options strategy, the opportunity to get a profit growth is high.
Post on this topic your opinions and trading tips!