A binary option is based around a question that only requires two answers… YES or NO.
If Apple Inc was releasing a new application that allowed you to fly to the moon and back within 30 mins, what do you think would happen to their share price, do you think it would go up or down?
Placing a trade is simple:
Step 1) Select the market you wish to trade and Position
Step 2) Choose the time frame
Step 3) Decide how much you want to trade
One of the main reasons for explosive growth within the Options market is the ease in which anyone can trade them. The system designed around the Binary options market is the simplicity factor, making the process as simple as possible. If you have any further queries in regards to ‘how it works’ please feel free to contact a member from our sales desk or leave us a message via our ‘contact us’ page and will be sure to get back to you.