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  What are Binary Options?

Binary options, also known as 'fixed return' or 'digital' options, are assets that are traded at a pre-set price.  This means that the return on your investment is predetermined from the start.  The amount that the asset rises or falls in value is not relevant to the payout because only the direction matters.  When trading binary options, you simply chose whether the price of the asset will go up or down from its original purchased price at time of expiry.  Successful binary options trades are referred to as being "in the money" while unsuccessful trades are "out of the money."  An "in the money" trade earns the predetermined payout as listed at the time of the trade's execution.

  What is an Underlying Asset?

Underlying assets are any tradable products upon which a financial market can be based.  Assets which are traded through financial markets include currency pairs (e.g. Euro/Dollar, Dollar/Pound), commodities (e.g. gold, oil, coffee), stocks (e.g. Google, Coca Cola, Nike), stock indices (e.g. Dow Jones, S&P 500, DAX), and bonds.

In binary options trading, investors buy options on individual assets at a fixed expiry time in order to benefit from the price change at the time of expiry.

247binary offers a selection of over 130 tradable assets from among currency pairs, commodities, stocks, and indices.

  How do binary options differ from traditional financial options?

247binary offers binary options that guarantee a fixed return on your "in-the-money" trades. Binary options are a simple and exciting way to trade and are financially rewarding as both the risk and reward is known ahead of time. By contrast, the vastly more complex traditional financial options typically have longer expiry times, wildly changing returns on investment, and can be sold in the market before the expiry.

  What is the maximum investment amount?

The maximum investment amount for a single trade is 1,000 USD or EUR, depending on the currency of your trading account.

  What do the colors of the rates on the trading platform mean?

Green indicates a higher rate than the previous trading day's closing level. Red indicates a lower rate than the previous trading day's closing level.

  What is the time listed on the 247binary website?

All times displayed on the 24/7 Binary website and platform are in GMT (+0) which stands for Greenwich Mean Time.  Please keep this in mind when you are about to execute a trade or checking to see the available expiry times.

  Where can I view the trading hours of each asset?

To view a list of all our tradable assets, including trading hours, trading symbols and a description of the asset, please visit our Asset Index.

  Where can I view my transaction history?

When logged into the 247binary Account platform, simply click on the My Portfolio link in your Fast Access Account Tab always located in the top right corner of the screen to view a complete list of your transaction history. 

  Do I need to download any software to trade with 247binary?

No.  There is no need to download any software as the trading platform is entirely web based and can be accessed directly from your web browser.  Set-up is quick and convenient. 

Simply register (registration is absolutely free!), fund your account and enjoy binary options trading on the fastest and most secured investment platform from anywhere that has an internet connection.

  What web browser should I use when trading on 247binary?

We recommend using either Mozilla Firefox or Google Chrome when trading on the 247binary platform.

 

Important Risk Note: Trading binary options can generate significant benefits but also involves a risk of partial or full funds loss and should be considered by initial investors. we strongly advise that you read our terms & conditions and disclaimer page before making any investment. customers must be aware of their individual capital gain tax liability in their country of residence.

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