Binary options, also sometimes referred to as Fixed Return Options or FROs is one of the easiest and simplest types of trading. While investing in binary options, the trader just has to observe the instrument by MCX tips advisors or the price of the underlying asset direction without considering the other factors.
The payout in binary options is fixed. Due Furthermore, the risk of investing in binary options is limited whereas the earning potential is enormous. This has made investing in binary options popular among the investors.
Here is some kind of binary options:
One-touch binary options: The rate that is set for the currency is known as trigger. In case of one-touch binary options, if the currency touches the trigger, the investor gets a predetermined amount of payout. Thus, in one-touch binary options trade, the trader is totally informed about his/her potential profits and losses.
No touch binary options: The no-touch binary options are the ones wherein the trader sets the condition as to what profit he/she is going to generate provided the currency doesn't hit the specified trigger before estimated time. The most important thing to note about this type of option is the payout is low especially if the trigger is far from the spot rate suggested by free intraday commodity tips experts. This mostly happens because the probability of currency touching the strike price is very high in case of no touch binary options.
Double one touch binary options: The trader sets two triggers and makes a predetermined profit if either of the triggers is touched. Investors trade into this kind of binary option in particular if there is a lot of volatility in the market when the traders are unaware of where the market is moving.
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