Classic Binary Options

Aimed at traders of all flairs, Classic Binary Options is the simplest and most intuitive trading tool available on our platform. It is user friendly and straightforward and takes traders back to the basics with only two possible positions in any given binary trade.

Tool Specifications


Minimum investment
amount: $25


Maximum investment
amount: $2500


Expiry time:
15 mins to 15 hours


Tradable assets: Commodities, Currencies, Stocks and Indices.


Potential payout percentage:
Up to 85%

How It Works

As the name suggests, Classic Binary Options offers traders the most classic form of binary trading. To trade with the tool, traders only need to predict the future price movements ofunderlying assetsThe type of asset refers to which financial category each asset falls into. The main asset types that are available to trade in are Stocks, Commodities, Indices and Currencies. Binary options can be placed on virtually any financial product across currencies, commodities, stocks and indices.


For example, Gold is seen trading at 1233.926 at 09:30 GMT. When using the classic tool, the trader has to predict whether the price of the commodity will rise or fall by the chosen expiry time. The potential return is known before the investment is made.


Let’s say the trader opts for an expiry time of 15 minutes and decides that the price of Gold will fall by then. He or she places a PUT option on the asset. The investment amount for this trade is $25 and the potential payout percentage is 78%.


If at 09:45 GMT, the price of Gold is 1233.925, the trader wins the trade and $44.50 is credited to his or her account. On the other hand, if the price of the commodity is spotted at 1233.930, the trade will be Out-of-the-Money and the trader loses his initial investment.

How To Use The Tool?

To use Classic Binary Options, log in to your account and head to the Trading Platform. Once there, locate the tool on the toolbar. Then follow the steps below:

1

Choose an underlying asset from stocks, currencies, commodities and indices.

2

Choose an Expiry Time. On the platform, this is a pulldown menu.

3

Choose an investment amount of minimum $25 and maximum $2500.

4

Place a Call option if you think the price of the asset will rise by Expiry Time or place a Put option if you think the price will fall.

5

Click Apply on the Trade Approval window.

Key features

Tradable Assets
:
Classic Binary Options is amongst the few tools that allow you to trade assets from the four asset classes at any time of the day.


Special Features
:
The tool allows traders to use features such as Double-Up, Rollover and Sell-Options.


Trendify
:
This feature allows traders to analyze chart patterns using 3 popular technical indicators – Bollinger Bands, Moving Average and RSI.


Or have a look at our other trading tools: