First Binary Option
- 2. How it works In finance, a binary option is a type of option where the payoff is either some fixed amount of some asset or nothing-at-all. The two main types of binary options are the cash-or-nothing binary option and the asset-or- nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. Thus, the options are binary in nature because there are only two possible outcomes. They are also called all-or-nothing options, digital options (more common in forex / interest rate markets), and Fixed Return Options (FROs) (on the American Stock Exchange). Binary options are usually European-style options. www.firstbinaryoption.com
- 3. The advantages of binary options market In 2007, the Options Clearing Corporation proposed a rule change to allow binary options, and the Securities and Exchange Commission approved listing cash-or-nothing binary options in 2008. In May 2008, the American Stock Exchange (Amex) launched exchange-traded European cash-or-nothing binary options, and the Chicago Board Options Exchange (CBOE) followed in June 2008. The standardization of binary options allows them to be exchange-traded with continuous quotations. The special feature of binary options is the possibility to know possible profit / loss amounts beforehand, which means that they can be used for hedging exchange risks on the spot market. The trading platform of the First Binary Option Service is realized in a web-interface and doesnt require installing any special software onto a users computer. Its quite simple, as compared with trading platforms used on the spot market, therefore it perfectly suits for studying peculiarities of financial markets. First Binary Option Service provides a large number of trading tools of different types currency pairs, commodities, CFD. www.firstbinaryoption.com
- 4. About us First Binary Option Service has been set up by a group of professionals with a large practical trading and investment experience. A trading platform from First Binary Option Service has been devised by high-level programmers and its the most state-of-the-art product in the branch today. The companys activities fully correspond to the SIBA requirements and, in particular, to the Seychelles International Business Authority Act of 1994. Benefits of 束First Binary Option Service損: MINIMUM TRANSACTION AMOUNT: 1 CONVENTIONAL UNIT MINIMUM DEPOSIT AMOUNT: 5 CONVENTIONAL UNITS TRADING INTERVALS: FROM 1 MINUTE TO 30 DAYS MAXIMUM SECURITY DEPOSIT REIMBURSEMENT CONTRACT PAYOFF UP TO 765% INTERESTS ON SURPLUS FUNDS The company 束First Binary Option Service損 offers five types of binary options 束High Low損 束One Touch損 束No Touch損 束In Range損 束Out Range損 www.firstbinaryoption.com
- 5. The unique trading platform by First Binary Option Service 1 - Option types switch panel 2 - Rate parameters control panel 3 - Concrete market instrument research 4 - Chart display control panel 5 - Transaction execution buttons 6 - Complete information on all transactions 7 - Display of auxiliary lines on a chart 8 - Display of a transaction in a new window www.firstbinaryoption.com
- 6. High-Low Option contracts of 束High - Low損 class are the easiest financial mechanism to use proposed by 束First Binary Option Service損. It is possible to use contracts of these types as in speculative purposes, and for partial hedging of risks a trader undergoes in the futures and options (Spot) market. If you choose 束Call損 contract, for the successful execution it is necessary that the closing price will be at least one point higher than the opening price. If you choose 束Put損 contract, for its successful execution it is necessary that closing price will be at least one point lower than the opening price. Quoting is executed in a four-digit system. In case at the moment of contracts closure the closing price is equal to opening one, the contract will be considered as unexecuted. www.firstbinaryoption.com
- 7. One Touch Option contract of the type One Touch is a contract where price of the tool stays in touch with the selected level within a certain time period. If you select option contract of the type Up, price of the contract execution (price Strike) will be above the current price of the tool on the price chart. If you select option contract of the type Down, price of the contract will be below the current price of the tool on the price chart. Under terms of this contract price of the tool shall touch (stay in) specified level, for a certain time period. www.firstbinaryoption.com
- 8. No Touch Option contract of the type No Touch represents a contract where terms and condition specify that the price of the tool should not reach (Touch) the level, which you selected, within certain period of time. Options of the type No Touch are subdivided into two kinds of contracts:Up and Down. In case you choose option contract of the type Up, price barrier for such contract (price Strike) will be above current price of the tool on the price chart. If you choose option contract of the type Down it will mean that price barrier of such contract will be below the current price of the tool on the price chart. Execution of the contract implies that price of the tool should not reach (touch) execution level Strike within a certain time period. www.firstbinaryoption.com
- 9. In Range Option contract of the type In Range is a contract with the following terms and conditions: within certain period of time specified by you, price for the tool selected by you will not exceed established price range. Contracts of the type In Range are not subdivided into contracts Call (Up) or Put (Down). You can buy a contract by clicking the button (In), if terms and conditions described in the trading terminal are acceptable to you. If conditions are not suitable, just do not enter into contract. www.firstbinaryoption.com
- 10. Out Range Option contract of the type Out Range represents a contract with the following terms and conditions: within a certain time period, price for the tool which you select, shall go beyond the price range specified by you. Contract of the type Out Range is not subdivided into contracts Call (Up) or Put (Down). You can buy this contract clicking the button Out, if the terms and conditions described in the trading terminal are acceptable for you. If these conditions are not suitable for you do not buy a contract. www.firstbinaryoption.com