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Below are the list of popular forex binary options related products that are widely circulated around the Forex trading community.
You will find a list of news updates , reviews and opinions on them.
All news and reviews are extracted from major forex reviewers, vendors and bloggers. We do occasionally do a short review definition found on top of their respective review pages.
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- OptionFair (22 Jun)
Forex Binary Options Broker
Articles on Binary Options
- What is Binary Option Trading?
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 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 with a Forex Binary Options Broker
For example :
The current price of EUR/USD is 1.43964.
The binary options broker then list two different “options” for you to guess whether the price is going to be higher or lower than this price after 30 mins (or 1 hour) . The stated fixed return for the correct outcome is 85%.
Let’s say you decide to buy HIGHER after 30 mins. You put in a trade amount of $100. And if the price after 30 mins is 1.4400 which is higher than the price you enter, you will get back a return of $185 . ($85 net profit)
And if the price is LOWER, then you lose your entire $100.