Finding Your Way Around The Binary Option Platform
One always has to familiarize themselves before venturing into anything new especially when it involves your hard earned money. This will help you limit the rate of error and mistakes, keeping the anger and frustration at bay. There is nothing worse than making irrational decision trying to make up for silly mistakes. This will only lead you into deeper waters, causing your emotions to run wild, which is not the type of mind set you want to be trading with.
A swift platform walkthrough
Expiry Times: Each asset has a different available expiry time at different times of the day. This may also depend on market conditions. Expiry times range from 10 – 60 minutes with new times being added as the previous expire. The 60 second option has an expiry time of 60 seconds from when the trade was executed.
Available Assets: You have the ability to choose between Stock, Commodities, Forex and Indices. Forex pairs are available 24/7 while Stocks and Commodities are dependent on their market open time. For example: Google, being a US stock will only be available for trading during the NY (New York) Stock Exchange session.
Trade Limit: The minimum trade amount on the standard options range from $10 to a maximum of $5000. The 60 second option has a minimum trade amount of only $5, maxing out at a reasonable $500. The trade limits is specifically spread out this way to cater for both the average and advanced trader.
Trade Execution: A trade can be executed in 5 simple steps.
- Choose your selected asset
- Choose your preferred expiry time
- Choose your predicted direction – Call or Put
- Enter the amount you wish to risk on the selected trade
- Click Apply
The TopOption platform offers a unique trading experience to the users while still maintaining a user friendly environment. The broker platform gives you instant access to a wide variety of assets and expiry times. Most importantly it combines swift navigation between assets and options. This allows you to take full advantage of any market condition but most importantly allowing you to profit from it. Clearly built with the user’s best interest at hart. It’s said that one must enjoy and love what they’re doing. Binary options trading offers you exactly that!
If you have questions about joining the Day Trading Forex Live recommended Binary Options Broker or need more information about the FREE Skype room when joining TopOption please feel free to contact Allen Henn. He is a current member and the DTFL Binary Options host. He will answer any questions and give you an idea of what the service involves and support we provide.
If you have any questions about the FREE Binary Options education when you sign up with TopOption you can contact Allen Henn at firstname.lastname@example.org to set up a time for a conversation over the phone if you like or call his SA phone line at 0836564432 or Skype at Allen.Henn