Get Started with One Touch Binary Options!
Financial trading has become an activity that many people prefer to combine with their basic job occupations. Even though in the beginning only experts and pros in financial industry used to participate on the market as active members, today, more and more ordinary people decide to join it. And why wouldn’t they?
There are many ways for them to earn some really good financial outcomes. However, at first, they should learn the basic rules, terms and conditions about the trading activity. Moreover, trading market today offers a giant abundance of tradable instruments, as well was trading options to take benefits of. And some of these options are the one touch binary options. It`s easy and quickly. Note that the options are just one of the multiple types of binary options available. Learning more about them will help you to discover the one touch binary options later!
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What are Binary Options in General?
The official common definition of the binary options is the following: binary option is a financial term and a method for trading on the Forex market. It is a type of an option that eventually ends with only two kinds of outcome – either a particular (always fixed) amount of some asset, or zero winning. This means that in the second case you lose the invested amount.
Binary options are also popular with the following names: digital options, all-or-nothing options, fast trading options, fixed return options and etc. No matter what name is used, with binary options you buy them and know what exactly you can win or not to win. Of course, the binary options are bought online. When you buy such options, you actually buy either a call/up, or put/ down. Note that binary options – including the one touch binary options – are always with fixed expiry time, usually one week. The expiry date of binary touch option – or other type of a binary option – indicates the time, when the event you pay offer happens or doesn’t happen, which, on the other hand, shows whether you win anything. Keep in mind that the binary options are not exactly “all or nothing” trading instruments, because here, nothing actually is something and you can get a particular amount of money even if the option expired “out of the money”.
Full Explanation of The One Touch Binary Options
And now we come to the one touch binary options particularly. It is a matter of time for you to answer your question: what is one touch binary option? Here`s the legal definition of the touch binary options.
The binary options touch type is a type of an exotic option, which provides the trader to payout at the very particular moment, when the price of the underlying asset gets or exceeds the predetermined barrier you point. On the other side, with the one touch binary the trader to estimate this barrier, as well as the time of the expiration. Last, but not least, the trader can also settle the payout to be received. This kind of trading options are appealing because they can offer a return rates of 200-600%!
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A financial expert will tell you this important thing about the one touch binary options: there are two possible final outcomes with them. First, in case the barrier is breached, you get the full payout amount that you have arranged on the contract and second – the barrier is not breached, so you lose the entire paid premium and the broker receives it. Last, but not least, pros in financial market trading activity mention that with the touch binary option are mostly suitable for those players, who believe that the asset price will exceed a particular level at some time in the close future, but they are doubting about the highest price level is constant. All of these makes the binary option one touch quite popular for traders, who prefer to trade with commodities or on the foreign currency exchange market.
How Does One Touch Binary Options Work?
Becoming more and more popular across the traders and quite preferable for quick start of trading activity, the one touch binary option, as a matter of fact, work quite easily but comes with more inherent risk. And it will not take a long time for you to understand the basic philosophy behind the touch binary options. How does the one touch binary option work? Well, find out right away step by step:
- The one touch binary works during the working week, which means you can buy them from Monday to Friday.
- The touch binary option depends on its expiration date, which actually forms your final outcome.
- In case the touch binary option price at the expiration exact time is either equal, or higher – this is the Call option. But if the price is under, it is a Put option.
- You will be out of the money – and so does the binary option you have traded with – in case the actual rate is not the same as your preferable rate.
- Simple explanation: In case the price of Microsoft reaches the rate of 938 or above until the touch binary option expiration date, you as a player and a buyer of this option, will get the final outcome of 470% from the number of units you have invested. In brief, if you invest 10 units that are priced at $500 in total, your final total will be $2850. However, in case the Microsoft`s price is at the target price amount till the exact expiration time, you touch binary option remains “out of money”, which means you do not get that profit above.
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More About Trading with Binary Options
We will simplify your quick one touch binary options education. What we’ll do is to give an easy and fast to be learnt guide for trading with touch binary options. Take a look at it and when you feel educated and prepared enough to go on the market and test your luck/skills with the touch binary options, follow these steps one by one:
1. Select an instrumentThis means you need to choose the trading place and to select the type of an instrument you would like to use and trade your touch binary options with. Simply, click on the chosen instrument tab and proceed.
2. Select the assetChoosing the asset is very essential and significant for the one touch binary option trading. Usually, the broker provides the traders a list with the available assets, so they can analyze, estimate and select from them.
3. Choose your general directionChoose the direction of your binary option one touch trading – either Touch, or No Touch. Choose the Touch option in case you think that the market will touch the target price before the fixed expiration date. Choose the No Touch, if you believe that the market will not.
4. Enter the amountYou need to enter an amount. It will be used as a base for the calculation of your final outcome, if you will have such. Personally we recommend you to begin with smaller amounts. Once you advance in trading with touch one binary options, you can increase your investments.
5. Check your outcomeThe fixed expiration date indicates the trading audience, which prefers the binary option one touch, when to check the outcome.
Articles About Interesting Binary Options Topics:
- Best Binary Options Bonuses
- Best Binary Options Demo Account
- How to Invest in Binary Options
- Binary Options Glossary
How to Find the Best Binary Options Brokers?
There are many factors that make a broker – regardless whether it offers standard Forex trading, or trading with one touch binary options – a good one. And to make it clearer for you, always remember that traders get too much today, so this made them too pretentious and each of them has his opinion about a good or a bad broker. So, if someone told you that he has found a fantastic one touch binary broker, consider these guides for finding the best platform:
1. Read reviewsBinary options one touch reviews are helpful, because they show you the basic and most important information about the website. You do not have to risk by investing anything, but you can only inform yourself whether this binary option broker suits your needs.
2. Get recommendedStill, receiving a good recommendation for a trustworthy touch binary options broker from an experienced trader – whether a friend or a person you just know – is more than just ok. Such a person can consider the fact that you are a beginner in trading and might find you a suitable and easy to be operated with one touch binary platform. Thus, you can advance in your skills and knowledge quite fast.
3. Test and tryEven though a risky procedure, this is a practice that many traders perform, when they want to find a decent and reliable binary option one touch broker. If you prefer to see the websites yourself and consider how good they are on your own, do not trade with high assets and large investments. Accept is as a research, so be more saving and prudent.
4. Use the webSimply, use your favorite browser and insert keywords such as “top 3 brokers and offers”, “best binary options one touch brokers” and so on in the search engine and see the results. Usually, the web shows you lots of forums, where experienced touch binary options traders discuss different websites. Read their opinions, visit the particular web pages for one touch binary options trading and consider if any of them suits to your needs and personal preferences.
Top Factors that Put your Binary Options Broker in Top 3 Brokers and Offers
Still, there are factors you need to consider, when you decide to look for a super awesome, reliable and reputable binary option one touch brokers. Being in the list for the Top 3 Brokers and Offers for a binary option one touch might be still difficult, because no matter how good it could be, the new websites will always move the competition. So saying that one broker for binary options touch trading is trustworthy, is not enough. It should also correspond to several specifications and necessary features. So see all of the important factors that could turn one ordinary one touch binary options broker into one of the best, most preferred and worthy it to be chosen by both –high punters and beginners in trading.
Strong reliabilityWhen it comes to giving money, investing your own funds and participating in the financial industry, the reliability is always put on pedestal. You cannot trade with a broker that has a suspicious reputation. Do not mix the strong reliability with the good advertising campaign. There are numerous one touch binary options brokers, for example, which are quire bad, but have massive advertising campaigns around the web.
Regulation is a mustFinancial services, as well as the entire industry, are quite serious fields. Money are involved, so dealing with one touch binary option broker that is not regulated at any level – either from the official national financial regulation body, or from an independent agency, is like going to a bank office that has no license, no permission to deal with people`s money and even no experienced and professionally educated staff.
Good customer support servicesSpeaking of the staff, you cannot skip the customer support feature as an extremely important sign for a proper, decent and reliable website. By the way, besides the good reputation, the reliability feature, itself, includes the perfect customer support services. Look for a binary options broker that has customer support services in multiple languages – or at least at the languages you speak fluently. Moreover – the most modern and good binary options trading websites provide customer support services with the most contemporary communications methods – including live chat and phone calls. E-mail messages are definitely not enough, because the communication is too slow with them. Also, find a decent one touch binary options broker, where the customer support services are 24/7 or at least 24/6.
Intuitive and good softwareThe platform a broker uses correspond to the way the traders will be able to process their trades as fast as possible. Reliable and good brokers are completely aware that the easy to be learnt software is also quite important. Make sure the broker you choose has a decent platform, too!
Interesting promotional systemThe more attractive the bonuses, competitions and all the other similar promotions are in a broker, the more intriguing the broker becomes. Above, we have mentioned some brokers` tactics to have vivid and large advertising campaign to attract more traders even though they don’t have so much to show. Well, the bonuses are part of these campaigns, so now you probably think off how important a promotion is – if it is able to replace the rest of the necessary features and become enough to make a broker so desirable and interesting.
Good options provided by the trading platformThe one touch binary options brokers must provide good options. Here, naming you things like hedging strategy permission, variety of instruments to trade with and etc is probably pointless. The citation is explicitly, so all kinds of special options, extras and functions on a broker should be considered as big advantages.
As a conclusion, we must remind you that the one touch binary options are indeed one of the most preferred and easiest methods to join the market. Trading with them is very simple and the profits aren’t little at all. All of these should give you even more motivation to join a binary touch options broker as soon as possible, too! We wish you good luck and successful trading!