A binary option is a trading instrument with a fixed price and a fixed payout. In other words, when you buy an option, you bet. For example, you expect that the dollar-yen pair will rise or Tesla shares will slide in the next ten minutes. If your expectations are correct, then you get profits, but if they are not, then you just lose the sum that you have spent for buying an option. Thus, a binary option gives you an opportunity to earn on making forecasts about movements of a price of any asset.
Despite concerns of some traders, binary options do not involve high risks and this type of trading is as safe as currency trading. Besides, the advantage of binary options is that you know beforehand how much you risk and how much you may earn. InstaForex provides trading binary options on currency pairs, metals, and CFDs on shares.
Advantages of trading intraday binary options with InstaForex
- A wide choice of underlying assets: 72 trading instruments including currency pairs, metals and CFDs
- High payout – 1.9
- Short increment: 5 minutes on М5 time frame and 1 minute during the first 30 minutes
- Beneficial conditions for buying options