1. What is a Binary Option?
Binary Option also known as a Digital Option or a Fixed Return Option is an option in which payout is fixed at the start of the contract. It pays off a fixed amount of cash if the option expire in-the-money, independent of the amount by which the price of the underlying asset prompts. The option cannot be sold prior to its expiration.
2. What is an Underlying Asset?
A commodity, stock, index, currency pair or any other financial asset that comprises the basis for making an option.
3. What is a Call Option?
This is an option that offers the holder with a profit when the underlying asset gains in price compare with the level it was purchased at. In the event that the option expires precisely at the same price, the complete original investment amount will be given back to the investor.
4. What is a Put Option?
This is an option that offers the holder with a profit when the underlying asset depreciates comparative to the purchased level. In the event that the option expires at precisely the same price, the complete original investment amount will be given back to the investor.
5. What is the Investment Amount?
This an amount of money invested in an option.
6. How to Invest?
To invest, you have to opt amongst ‘call’ or ‘put’ options for a given underlying asset. By clicking on the call/put button there will open an investment sheet in the identical box, where you will be called for to put the amount of the investment and to grant the execution. The choice can be cancelled by clicking on ‘X’ at any time prior to approval of the transaction. Please notice that the level continues updating in the investment sheet.
7. What return will I receive for a successful investment?
A successful investment will outcome in an assured return pointed on the site for the underlying asset that you picked out. In the event that the option expire out-of-the-money, you will receive a 15% refund of your invested amount.
8. What is the Expiry Time?
Expiry Time is the date and time at which an option expires.