Binary Options trading is the most popular and easiest trading instrument at Imperial Options. It is also the fastest to learn, especially for beginners at trading.
Binary trading can be completed in three easy steps; choose the asset you want to trade, specify the amount you want to invest and then pick whether the price of the asset will be above or below at the time of expiry.
Let’s say the price of gold is currently at $1,500 per ounce, will it rise or fall by 5 p.m.? The trader can never purchase an asset but only predict the direction of the market. Getting it right results in an “in-the-money” trade.
If you chose an expiry time that is very close to current time, the transaction might not be completed. If this happens you will have to choose a later expiration time.
This specific category of options differs from those in other types of trading with regard to expiration time, as available expirations refer to the same day.