Find The Best Binary Options Broker

Posted by Selin Devid
1
Jun 22, 2016
104 Views
Safeguard Trader

As competition in the binary options space ramps up, brokers are offering more and more binary option products. While the structure of the product may change, risk and reward is always known at the trade's outset. Binary options are classed as exotic options, yet binaries are extremely simple to use and understand functionally. The most common binary option is a "high-low" option. 

Providing access to stocks, indices, commodities and foreign exchange, a high-low binary option is also called a fixed-return option. This is because the option has an expiry date/time and also what is called a strike price. If a trader wagers correctly on the market's direction and the price at the time of expiry is on the correct side of the strike price, the trader is paid a fixed return regardless of how much the instrument moved.

A trader who wagers incorrectly on the market's direction loses her/his investment.No, it’s not deemed illegal here. I tried to figure out how they’re able to operate in Israel. It’s only illegal to market to Israeli citizens. It’s immoral and it should be illegal. I remember my wife and I were being interviewed to live in a religious community. 

I had already left the company but the rabbi asked me about it. After I told him, his response was, “There are Jews doing this?” Mostly Indians and Nigerians. You were lucky if you got a European customer, especially a German. They were the most eager to trade, and they deposited money in euros or pounds rather than dollars, which was better for us. 

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