OptionFair binary options provides popular trading instruments such as High/Low, One Touch, and Boundary. This was the first online options broking firm to introduce the One Touch options. One of the main distinguishing factors of this trading platform is the payout. OptionFair Trading has the distinction of being the only options broking firm that pays 75% – 400% consistently.
In this type of trade you speculate about the price movement of an asset. You determine if the price of an asset will increase or decrease relative to the market price or a target price. For instance, assume you are trading a stock called IP. On the OptionFair binary options user interface you click the plus button and view the market price at 300. You enter into this contract that is of duration of 15 minutes. You have to determine if the price of the asset will increase or decrease within 15 minutes.
In this type of trade you speculate if the underlying price of an asset will touch or not touch a target price. The target price is set by OptionFair. For instance, assume you are trading in the Gold commodity asset. The present market price is 120. And the target price is 120.9. And there is a One Touch contract with an expiry of 15 minutes.
When you enter into this contract, you have to determine if the price of the Gold commodity will touch the target price or not. You need to make this decision within the expiry time of this contract. If your decision comes out true within this time frame you win in the money. Or you lose out of the money.
You need to check with the OptionFair binary options customer support as to the variance they allow. For example, the asset would have touched the target price and exceeded it by 0.0005. You need to understand if this is still considered as a win.
A range of price delimiters are set initially. For instance, if you are trading in the Gold commodity, and the market price is 120, a range is set. The range has lower and upper bounds. The lower bound is 119 and the upper bound is 121.
All you need to do on the OptionFair binary options user interface is to determine if the price of the Gold commodity will stay in this range within the expiry time of the contract.
OptionFair’s favorable target prices
OptionFair binary options trading uses special algorithms to determine the target price. The target price determination is totally trader-centric. This is unlike what other options brokers do. OptionFair helps traders win trades by setting target prices that have a high rate of success.
OptionFair is pro-trader
Every year, thousands of traders are experiencing phenomenal success on this trading platform. Such is the potency of this platform that it is not uncommon to see traders earning profits in excess of 400% of their initial investment on OptionFair binary options.