New: the LAMM service for Binary Options accounts!
Learn how to trade Binary Options with the help of professional traders with our innovative service for Binary Options trading!
The LAMM service for Binary Options works the same way as it does on Forex. Connect your account to an experienced trader’s account and learn how to trade Binary Options successfully from advanced traders! Don't forget that you still have control over every deal the manager makes, so you can disconnect or cancel the trade at any time!
Please mind that European Options accounts can only be connected to European Options accounts. Same way goes for American Options accounts. For your convenience, we have implemented a new filter in the managers’ rating, so you can sort LAMMs by account types: Classic Standard, Classic Micro, European Options and American Options accounts.
Join the LAMM service and learn from the best traders how to make profit at the same time!
When trading Double Touch Options you need to set two levels the asset’s price will reach. In other words, you set the channel where the price will fluctuate.
The option has positive outcome if:
The price at the expiration time of the Option is higher than TP
(or lower, depending on the order type)
while the order was in the market, the price of the Option became lower
(or higher, depending of the order) than the order level
For example, Mark thinks that in the next 5 minutes the price of EURUSD pair will fall to 1.1134 and then rise to 1.1213. Mark sets Breakout price at 1.1134 and Target Price at 1.1213 (if the Target Price is not set, it will be automatically set at the current price level). If the prediction is correct, Mark will receive an extra bonus. The bonus amount in this case is calculated as follows:
Number of pips between breakout price and target price
Duration of the contract
Please mind that Double Touch Options are only available for European Options.
European Options do not support Early Closure feature, but offer higher return rates. In this case your payout is calculated as follows:
payout rate for the chosen asset (%)
Breakout Options give you an opportunity to get increased payout for trading the same assets.
Set the price you think the asset will reach in the future and the timeframe for its fall/increase and get increased payout if your prediction is correct.
For example, John thinks that in the next 5 minutes the price of EUR/USD will increase till 1.321 and will not fall back. John sets the breakout price at 1.321 and time field at 5 min. If his prediction is correct, he will receive an extra bonus calculated as follows:
(the asset’s price at the moment the Option was bought
Duration of the contract