kenneth choi hong kong binary options

What are binary options

A binary option is a blazon of selection with a stock-still payout in which you predict the issue from 2 possible results. If your prediction is correct, you receive the agreed payout. If non, you lose your initial stake, and nothing more. Information technology'southward called 'binary' because there tin be merely two outcomes – win or lose.

Advantages of binary options trading

Aside from the simplicity of its 'yes or no' proposition, binary options trading is also very flexible. It gives you the ability to merchandise:

• All markets

  Trade on underlying markets that include forex, stock indices, commodities, and more.

• All market conditions

  Predict marketplace motion using up/downward, touch on/no bear on, and in/out merchandise types.

• All durations

  Take a brusque-term or long-term view with merchandise durations from 10 seconds to 365 days.

• All payouts

  Earn payouts up to fifty,000 USD. Losses are limited to your initial stake and nothing more.

Why you should merchandise binary options with Binary.com

Bask an award-winning online trading platform with trading weather condition that are platonic for new and experienced traders.

Honour-winning online trading platform

• Elementary and intuitive
  Enjoy a trading platform that's easy to navigate and utilize.
• Instant admission
  Open an business relationship and start trading in minutes.
• Available 24/7
  Trade when you lot desire. Our Constructed Indices are available even on weekends.
• Patented technology
  Trade with the industry pioneer and holder of a patented pricing technology.
• Security and privacy
  Trade confidently, knowing that your personal data, transactions, and funds are e'er secure.

All weather and durations

• All markets and weather
  Trade currencies, stock indices, commodities and more than in ascension, falling, sideways, tranquillity, and volatile markets.
• Brusque to long-term durations
  Choose timeframes from 10 seconds to 365 days.

Competitive and transparent pricing

• Sharp, benchmarked prices
  Receive prices that are benchmarked against interbank rates.
• Transparent take a chance and potential reward
  Know how much you will win or lose before you lot purchase the contract.
• Protect your profits
  Sell your long-term contracts earlier expiry to protect whatsoever profits you may have fabricated or to minimise your losses.
• Ii-style pricing
  Receive quotes for a trade and countertrade, so you always get unbiased, transparent rates.

Ideal for new and experienced traders

• Depression minimum stakes
  Deposit as little as 5 USD to starting time trading.
• Trade according to your preferred strategy
  Trade based on "gut experience" or rely on technical and fundamental analysis.
• Flexible
  Choose from over one million possible trade variations at whatsoever time, and customise your trades according to your preferred strategy.
• Scalable
  Earn the same proportional return on stakes of all values.

How to trade binary options

Binary options trading is relatively easy. You tin can purchase a contract in only three steps:

ane

Ascertain your position

Choose the market, merchandise blazon, duration, barrier, and payout.

2

Become your price

Receive instant prices based on your position.

3

Make your merchandise

Buy the contract or re-define your position.

Pace ane: Define your position

The first step is to set up the parameters of your merchandise. In that location are five trade parameters you demand to accommodate in order to receive a price for the contract:

Choose from 4 available markets:

• Forex
  Major and minor pairs, plus Smart FX indices
• Stock Indices
  All major worldwide stock indices sourced from the over-the-counter marketplace
• Bolt
  Major commodities such as gold, argent, and oil
• Synthetic Indices
  Our proprietary synthetic indices that simulate market forces

Cull from iii main trade types:

• Upwards/Down
  Predict if the market volition rise or fall from its electric current level, or if it volition stop higher or lower than a toll target.
• Touch/No impact
  Predict if the market will touch or non touch a cost target.
• In/Out
  Predict if the market will stay between or go exterior two price targets.

Aside from the three main trade types above, yous also go Asians and Digits merchandise types exclusively with our Synthetic Indices.

Prepare the length of your trade from 10 seconds to 365 days, whether you accept a short-term or long-term view of the markets.

Gear up barrier(s) to define your position and trigger the payout y'all'll receive.

Choose the payout you wish to receive from correctly predicting this contract.

Step two: Get your price

The price of the contract is automatically calculated by our patented pricing applied science based on the parameters you've divers in Stride 1. Our prices are benchmarked against the interbank options market, so you always get the most competitive prices. This ways that you lot'll always receive fair and transparent pricing, whatsoever your position.

Stride iii: Make your trade

When y'all are satisfied with the price that you lot receive, execute your trade immediately. With our unique platform, in that location's no risk of 'slippage' or gaping markets. And most chiefly, there are no hidden fees. You can also sell back any long-term trades at whatsoever time to profit from favourable marketplace atmospheric condition.

Types of trades

Binary.com offers the following trade types that will assistance you execute your market view or strategy:

Up/Downward

There are two types of Upwards/Down trades:

• Rise/Fall
  Predict that the marketplace will rise or fall from its current level.
• Higher/Lower
  Predict that the market will finish higher or lower than a cost target.

Bear on/No affect

Predict that the market place will touch on or non touch on a target whatever fourth dimension during the contract menstruation.

In/Out

There are ii types of In/Out trades:

• Ends Betwixt/Ends Outside
  Predict that the market stops within or outside two price targets at the cease of the fourth dimension flow.
• Stays Between/Goes Exterior
  Predict that the market stays inside or goes exterior two price targets any fourth dimension during the contract period.

Asians

Predict that the marketplace will terminate college or lower than the boilerplate toll.

Digits

Predict the terminal decimal digit of the spot cost with Digits. At that place are iii types of Digits trades:

• Matches/Differs
  Predict that the final digit will match or not match.
• Even/Odd
  Predict that the last digit is an even number or odd number later on the last tick.
• Over/Under
  Predict that the last digit is higher or lower.

Reset Call/Reset Put

There are two types of reset trades:

• Reset Call
  Predict that the marketplace will end up college than either the current level or the level at a predetermined time (reset time).
• Reset Put
  Predict that the market will stop up lower than either the current level or the level at a predetermined time (reset time).

At reset time, if the spot is in the opposite direction of your prediction, the barrier is reset to that spot.

Loftier Ticks/Depression Ticks

Purchase High Tick/Depression Tick contracts to predict the highest or lowest tick amongst the side by side five ticks.

Only Ups/Simply Downs

Available trade types:

• Simply Ups
  Win payout if consecutive ticks rising successively. Contract is lost when at least i tick falls or is equal to whatever of the previous ticks.
• Only Downs
  Win payout if consecutive ticks fall successively. Contract is lost when at least i tick rises or is equal to any of the previous ticks.

Delight annotation that Asians, Digits, Reset Telephone call/Reset Put, High Ticks/Depression Ticks, and Only Ups/But Downs are available exclusively with our Synthetic Indices.

Range of markets

Binary options allow you to merchandise on a wide range of underlying markets. 1 of the advantages of trading binary options is that you are not ownership or selling an actual nugget, only a contract that determines how that asset performs over a period of time. This limits your risk and makes it easy for anyone to start trading.

Available markets

Forex

Major pairs, minor pairs, and Smart FX indices.

Stock Indices

Major worldwide stock indices sourced from the OTC marketplace.

Bolt

All iv precious metals, plus energy.

Synthetic Indices

Synthetic indices that mimic marketplace volatility.

Forex

Trade pop major and minor currency pairs, plus Smart FX indices – weighted indices that measure the value of a currency against a handbasket of major currencies.

There are four types of Smart FX indices that you can merchandise:

• AUD Index – Measures the value of the Australian dollar against a basket of five global currencies (USD, EUR, GBP, JPY, CAD), each weighted by xx%
• EUR Alphabetize – Measures the value of the Euro against a basket of five global currencies (USD, AUD, GBP, JPY, CAD), each weighted by 20%
• GBP Index – Measures the value of the British Pound against a handbasket of five global currencies (USD, EUR, AUD, JPY, CAD), each weighted by 20%
• USD Index – Measures the value of the US dollar against a basket of 5 global currencies (EUR, GBP, JPY, CAD, AUD), each weighted by 20%

Stock Indices

Relish exciting opportunities to trade stock indices with the benefit of real-time charts and pricing.

Our stock indices are sourced from the over-the-counter (OTC) market – sources outside of the centralised exchanges. Delight note that due to their OTC nature, the prices of our stock indices may differ from their counterparts on centralised exchanges.

Commodities

We offer all four precious metals – gold, silvery, palladium, and platinum – as well as free energy in our list of bolt.

Synthetic Indices

Binary.com's Synthetic Indices are constructed indices that mimic real-world market volatility and are bachelor for trading 24/7. They are based on a cryptographically secure random number generator audited for fairness by an contained third party.

Constructed Indices give you exclusive admission to various merchandise types, such every bit Upward/Down, Touch/No Touch, In/Out, Asians, Digits, Lookbacks, Reset Call/Reset Put, Call Spread/Put Spread, Only Ups/Only Downs, and more.

Synthetic Indices are farther categorised into 2 classes:

• Continuous Indices – Cull from the Volatility x (1s) Alphabetize, Volatility 25 (1s) Index, Volatility l (1s) Alphabetize, Volatility 75 (1s) Alphabetize, Volatility 100 (1s) Index, Volatility 10 Alphabetize, Volatility 25 Index, Volatility 50 Index, Volatility 75 Index, and Volatility 100 Index. These indices correspond to simulated markets with constant volatilities of 10%, 25%, 50%, 75%, and 100% respectively.
• Daily Reset Indices – Daily Reset Indices replicate markets with a bullish and bearish trend with a constant volatility. The Balderdash Marketplace and Bear Marketplace indices commencement at 00:00 GMT each day, replicating bullish and bearish markets respectively.

Glossary

Barrier(due south)

The bulwark of a binary option trade is the price target you fix for the underlying. You lot can choose trades that stay below or go above a price target, or stay between two targets.

Binary selection

A binary selection is a contract purchased by a trader, which pays a pre-adamant amount if their prediction is right.

Commodities

Bolt are resources that are grown or extracted from the footing, such equally silver, gold and oil. On Binary.com, they are priced in United states of america dollars.

Contract period

The contract menses is the timeframe of a merchandise. It is also chosen the duration.

Derivative

A derivative is a financial instrument whose value is determined past reference to an underlying market. Derivatives are commonly traded in the inter-banking concern market place, and binaries are one of the simplest forms of derivatives.

Elapsing

The duration is the length of a purchased trade (come across 'contract period').

Ends Between/Ends Outside trades

An Ends Between merchandise pays out if the market go out price is strictly higher than the depression price target AND strictly lower than the high toll target. An Ends Exterior binary pays out if the market place get out price is EITHER strictly higher than the high price target OR strictly lower than the low price target.

Entry spot price

The entry spot price is the starting price of the merchandise purchased by a trader.

Expiry price

The decease price is the price of the underlying when the contract expires.

Forex

In foreign exchange markets, traders tin enter contracts based on the modify in cost of one currency as it relates to another currency. For example if a trader selects Rise in the EUR/USD market, they are predicting that the value of the Euro will rise in relation to the value of the US dollar.

GMT

GMT stands for Greenwich Hateful Time, the official time used in the Uk during wintertime. In summertime, the Uk changes to British Summer Time, which is GMT + 1 hour. All times on the Binary.com site apply GMT all year round.

College/Lower trades

These are trades where the trader predicts if a market place volition stop higher or lower than a specified price target.

Stock Indices

Stock market indices measure the value of a option of companies in the stock market.

In/Out trades

These are trades where the trader selects a low and high bulwark, and predicts if the market will stay within these barriers or become exterior them (meet besides 'Stays Between/Goes Exterior trades').

Market go out price

The market go out price is the toll in effect at the cease of the contract menstruation.

No Touch trades

These are trades where the trader selects a cost target, and predicts that the market will never bear on the target before the death of the merchandise.

(I) Affect trades

These are trades where the trader selects a toll target, and predicts that the market will touch on the target before the death of the trade.

Payout

The payout is the amount paid to an options trader if their prediction is correct.

Pip

Pip stands for 'percentage in point' which is generally the fourth decimal place (i.due east. 0.0001).

Profit

The turn a profit is the deviation between the purchase price (the stake) and the payout on a winning trade.

Synthetic Indices

The synthetic indices simulate various real market situations and provide an ideal platform for getting used to trading and testing strategies under various market conditions. These indices depend on volatility and drift, and assistance users to try out scenarios similar - high volatility, low volatility, bullish and bearish trends.

Resale cost

The resale cost indicates a contract'due south current market price. Resale prices are on a best-efforts basis and may not be available at all times later purchase. See 'Sell option' for more than details on selling contracts before expiry.

Render

The return is the money realized when the contract expires (see 'Payout').

Ascension/Fall trades

These are trades where the trader predicts if a market will rise or autumn at the end of a selected time period.

Sell choice

It is sometimes possible to sell an selection before the expiry of a trade, merely but if a fair price tin be determined. If this option is available, you lot will meet a 'Sell' button inside the popup window, afterward clicking on the 'View' button next to your merchandise in the portfolio.

Spot price

This is the electric current price at which an underlying can be bought or sold at a item fourth dimension.

Stake

The stake is the amount that a trader must pay to enter into a trade.

Stays Betwixt/Goes Exterior trades

A Stays Between trade pays out if the market stays between (does not touch) BOTH the high barrier or the low barrier at any time during the period chosen past a trader. A Goes Outside trade pays out if the marketplace touches EITHER the loftier barrier or the low bulwark at any time during the period called by a trader.

Tick

A tick is the minimum upwardly or down movement in the price of a marketplace.

Underlying

Each binary option is a prediction on the hereafter motility of an underlying market place.

Source: https://www.binary.com/en/get-started/binary-options.html

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