There are several different types of binary options; each Broker has its own offer, that varies from broker to broker. This means that some Brokers will offer you some types of binary options, while others do not. For this reason, knowing all the types of Binary Options is very important, so that you will be able to decide at which broker you want to register. We will analyse the various types of binary options available; in this article we are going to analyse the Centument Binary Options. Centument is pretty new concept and a lot of people praise it for its trading system that is aimed to help beginners in their first steps in Binary Options trading.
This type of Binary Option is one of the newest, but is identical to the High/Low Binary Option. With the Centument Binary Option, as the High/Low Binary Option you have to make a prediction on the movement of the prices; firstly you have to choose an asset (Stocks, Commodities, Indices, Forex), then you have to predict if the Price of the chosen asset will be higher or lower than the current Price after the Expiry Time (Expiry Time that in this case is very short: just 60 Seconds). If you think that the Price will be higher, you have to choose the Call Binary Option (Also called Up) whereas if you think that the Price will be lower, you have to choose the Put Binary Option (Also called Down).
After the Expiry Time, you will know if the Price is higher or lower and so you will know if your prediction was correct or wrong; in case that your prediction was correct, you will earn the payout (That is already fixed and that you know from the beginning) whereas if your prediction was wrong, you will lose the money invested (Or a part of them).
Example – Google Trading
Here an example: Let’s say that the actual price of a share of Google is $95; for us, the price will rise and for this reason we buy the Call Binary Option for this asset and the Expiry Time is of 60 seconds. If after the Expiry Time, the price will be higher than $95, for example the Price will be $95,19 or just $95,01, our prediction is correct and we will earn the Payout. Whereas, if the Price will be lower of $95, for example $94,88 or just $94,99, our prediction is wrong and we will lose the money invested (Or a part of them).
Normally the value of the Price of an asset, is considered up to the fifth or fourth decimal: for example if the Price is $95,1290, also the smallest variation of the Prices (For example: $95,1291 or $95,1289) can lead our Binary Option In the Money (Paying) or Out of the Money (Not paying, so we will lose the money invested or a part of them).
For those who are looking for trading platforms in binary option trading, they might have heard about Qbits Megaprofit. Banc de Binary is one of the oldest binary options brokers in the internet today. The brokerage is the one and only firm, that is licensed under an Australian Financial service number. There are many features that traders get to enjoy with the brokerage; however, what we like best is its capability to provide two different views of the market providing traders with the ability to analyze the market in an in-depth manner.
For those who are still new to the binary trading business, the brokerage provides a glossary of terms that would help one catch up on their learning. For those who are interested in learning more about Banc de Binary, we have made a short review of the brokerage below that might come useful. This applies to those who are looking for a brokerage to handle their trading transactions as well.
The platform is one of a kind with its different assets and stocks to choose from. Traders can pick their trade preference. The option contracts are easy to understand and in fact, one can easily find the one that suits their preferences. The platform is composed of 2 interfaces which help traders to find the asset that they want and at the same suit their comfort level.
The platform is composed of list and box views so traders can choose which view type they are more comfortable with. This is not so with other platforms giving a new meaning to the term user-friendly. For traders who are still new to the platform, they can opt to use the assistance option, which can help them navigate the platform easily.
With regards to bonuses and other promotional features, Banc de Binary provides bonuses to its trade members. In fact, the bonus can reach as high as 30% and is higher than most bonuses offered today in the binary option market today.
Loyalty offers are also available and are given to traders who do their trading transactions exclusively with Banc de Binary. First time account holders would also get bonuses from the time they first sign up and get to enjoy others as well.
To start out, the trader should make a deposit in their account a minimum of $250. For this amount, one can earn as much as 85%, which is quite impressive, and the rule of being able to get 10% of the actual loss is one of the features that traders like the most with the platform.
There are different options that are available from the platform that traders can use. These options vary as well as its earning potentials and just about, anybody can enjoy and trade using the different options.Banc de Binary provides free training for new traders or account members depending on the level of deposit that traders make. The free charge disposal is also another attractive feature of the platform.
The software used by Banc de Binary is one of the best in the industry today providing seamless interface and friendly features. For those who are looking for a platform, do try Banc de Binary.
One of the leading platforms in online trading, 24option, has impressed not only beginners in trading but seasoned ones as well. The platform offers several features designed to help traders with their trading transactions. One of the best features of 24optionis the OneTouch, which gives the trader the target price and thus makes it easier for traders to choose the investment amount that a trader would buy with the assets that they prefer.
Earn up to 75%
Another feature analyzes the assets expiry by scrutinizing the benefits and risks involved in the purchasing of the assets. Traders would just input the amount that they want to invest and choose to either call or put the option. Click here for a better lesson on the same topic. The call option involves the price being fixed with regards to the expiry time. A put option on the other hand is called upon when the trader feels that the stock price will decrease within the expiration date. For Binary Option, the platform provides users with a wide range of assets to choose from, study the historical records and choose to call or put the said options. The traders can earn as much as 75% from the venture.
Professional aid to traders
One of the ways the platform assists traders in their venture is by providing the traders with valuable assets to trade. He or she can choose the currency they want to trade in as well as the stock, indices and commodities. This is open to binary option only. 24option is different from One Touch as the trader has to stay logged in at the site in order to be able to see the current market trend. There are several option feature tools available in the site. 60-second option is one of them. The site also provides a forum for traders to discuss strategies, best trading secrets as well as talk about the market trend. They will certainly learn a lot of info especially about expiry time and stock valuations.
Free predictions, suggestions and service
With its transparency supports, 24option is able to shift traders from different sites to begin trading with the platform. The platform provides traders with graphical illustration of the market, how the stocks or assets are faring in the industry and the potential risks and earnings that one can get from the particular asset. This helps traders in determining whether to call or put the options. The expiry time of the options is also reasonable and as such makes it a wonderful platform to work with.
To start trading using the site, one should register and include pertinent details for the site to verify the status of the person applying. Include details such as name and last name, country, e-mail, contact number as well as the mobile phone number. Several phone numbers are listed in the site for those who require assistance. Once registered, the trader can begin trading or visit the help center to check out videos, articles and other related materials to learn more about the trading practice. Customer service personnel are available for those traders who require further assistance.