Banc De Binary offers a large selection of binary option types that are a good fit for any trader. This article will go through each of the Banc De Binary option types in detail.
The Banc De Binary option types
There are 4 different Banc De Binary option types:
1) High / low options
High / low options are the classic binary option type. You have to predict whether the market will rise or fall over a given period of time. If your prediction is correct, you win the amount you invested plus up to 90 percent. In binary options terms, these extra 90 percent are called the payout. If your prediction is wrong, you will lose the amount you invested.
High / low options are a relatively conventional binary option type. To make money with high / low options, you need to win roughly 60 to 70 percent of your trades, depending on your strategy. Since you will win 50 percent of your trades by simply guessing which direction to invest in, a little knowledge from BinaryOptionsStrategy.net should easily help you win 60 percent of your trades.
Pairs allow you to do something very different than high / low options. Instead of having to predict which direction an asset will move in, you have to predict which of two assets will outperform the other over a given period of time.
This is a radically new idea. Now you can profit from such simply facts as knowing that the Euro is currently weaker than the US Dollar and will fall over the next days.
3) Long term
Long term options are high / low options with a very long expiration time. Long term options allow you to trade your fundamental knowledge. When you know that a company is doing well and its stock is on the rise in the long term, you can invest in this knowledge by choosing a high option with an expiry at the end of the year.
4) Sixty seconds
Sixty seconds options are a special form of high / low options that use a very short expiration time.
Generally, sixty seconds options work much like high / low options. You have to predict whether the market will rise or fall over a given period of time. In the case of 60 seconds options, however, this time is 60 seconds. This is much shorter than the expiration time of conventional high / low options, which can last from a few hours to days, weeks, and months.
Sixty second options are perfect for traders that are willing to take a higher risk to make higher profits. 60 seconds options allow you to make many investments in a short amount of time, which is key to generating a high return.
We hope this run-through of the Banc De Binary option types has made things more clear for you. Whether you want to start trading now or continue reading, we wish you the very best!