23Traders BINARY OPTION TRADING
What Are Binary Options?
Binary options are estimates of underlying assets performance during a given time frame. To understand the beauty of binary options trading, let’s first take a look at how investment in other trading markets usually works. Choose 23Traders to become an expert trader.
Definition of Binary Options Trading
The word binary stands for “having two parts”. Generally speaking, all you need to do is predict either
“Call” or “Put“. BO trading has only two investment possibilities for you to predict and then choose between.
One investment possibility is expressed when you predict that
the price of the asset will rise, this type of investment is named “Call” option.
The other possibility is presented when you predict that the price
of the asset will fall, this type of investment is named “Put” option.
What assets can be traded as Binary Options?
Indices - Such as Nasdaq, Dow Jones, FTSE, Nikkei and
many more Forex - Combinations for all the major currencies such as USD, EUR, GBP ,JPY and AUD just to name a few Commodities - Gold, Silver, Oil, Corn, Coffee and several more Stocks - Over 50 of the biggest and most interesting companies in the world from a variety of industries are available in the Opteck asset list, amongst them - Google, Deutsche Bank, Coca Cola and many many more.
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