Binary Option Trading Example
Trading with Binary Options seems to be very simple. Even without experience its possible to understand the basics within a few minutes. When you still need to know these basics we recommend to take a look at our trading section here. In this article, we will show you step by step how to trade with binary options at 24option .
Simple High/Low option
Once you clicked on high or low and the Euro amount you want to bet you will see two possible returns. Its either 85% or 0%. This means that when you bet 100 Euro you will either get 185 Euro or 0 Euro in return. There are assets and options where you will get more than 0% even though the option is out of the money. In this case you will see the returns as well. It all depends on the options you selected. EUR/USD is usually a currency pair where you cant expect the best payoffs. In this case you dont receive a refund of 10% for example for options that are out of the money. Everything you need to know is also visible at a chart like that:
The gray horizontal line indicates the current price. You will see the trend for the last 30 minutes. The red vertical line indicates the expiration date, in this case 20:45. The countdown on the left shows when the opportunity to trade this option will end. This is not a countdown for the expiration date (in most cases). It just shows when the option you currently selected won’t be available any more. There are 60 second options at 24Option as well and you better be quick in this case. 60 seconds is not a long time and you have to trade quickly.
Trade with the worlds leading broker and the only real bank that allows you to trade with binary options!