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Everything you need to know about trading, accounts, deposits, and verification.
Option is a derivative financial instrument based on any underlying asset, such as a stock, a currency pair, oil, etc.
Digital option - a non-standard option that is used to make a profit on price movements of such assets for a certain period of time.
A digital option, depending on the terms agreed upon by the parties to the transaction, at a time determined by the parties, brings a fixed income (the difference between the trade income and the price of the asset) or loss (in the amount of the value of the asset).
Since the digital option is purchased in advance at a fixed price, the size of the profit, as well as the size of the potential loss, are known even before the trade.
Another feature of these deals is the time limit. Any option has its own term (expiration time or conclusion time).
Regardless of the degree of change in the price of the underlying asset, in case of winning an option, a fixed payment is always made. Your risks are limited only by the amount for which the option is acquired.
Making an option trade, you must choose the underlying asset that will underlie the option. Your forecast will be carried out on this asset.
Simply, buying a digital contract, you are actually betting on the price movement of such an underlying asset.
An underlying asset is an "item" whose price is taken into account when concluding a trade. As the underlying asset of digital options, the most sought-after products on the markets usually act. There are four types of them:
There is no such thing as a universal underlying asset. When choosing it, you can only use your own knowledge, intuition, analytical info, and market analysis for that financial instrument.
A digital option is the simplest type of derivative financial instrument. To profit, you don't need to predict the exact price—just whether it will go up or down.
The principle is to decide if the price will increase or decrease by the time the contract executes.
It doesn't matter if the price goes up or down by one point or one hundred; the key is predicting the direction.
If your prognosis is correct, you get a fixed income.
To profit, you need to correctly predict the price direction (up or down). For stable income:
To create strategies and find diversification, monitor the market, study analytics and stats from various sources like expert opinions, internet resources, and the Company website.
The Company earns with clients. It benefits from a high share of successful trades due to a percentage of payments based on the strategy chosen by the Client.
Additionally, all trades contribute to the Company's trading volume passed to brokers or exchanges, which feed into the liquidity pool and help improve market liquidity.
You can delete your account in your Individual Account by clicking on the "Delete Account" button at the bottom of the profile page.
The expiration period is the time after which the trade is completed and the result is summed up.
When concluding a trade, you choose the execution time (e.g., 1 minute, 2 hours, a month, etc.).
A trading platform is a software complex that lets Clients perform trades using various financial instruments. It also provides access to real-time quotes, market data, and Company actions.
There are three possible outcomes in digital options:
No, it's not required. You just need to register on the Company's website and open an individual account.
By default, a trading account is opened in US dollars.
However, you can change the currency anytime in your profile. Available currency options are listed there.