Financial trading has become an activity that many people prefer to combine with their basic job occupations. Even though in the beginning only experts and pros in financial industry used to participate on the market as active members, today, more and more ordinary people decide to join it. There are many ways for them to earn some really good financial outcomes.
However, at first, they should learn the basic rules, terms and conditions about the trading activity. Moreover, trading market today offers a giant abundance of tradable instruments, as well was trading options to take benefits of.
And some of these options are the one touch binary options. Note that the options are just one of the multiple types of binary options available. Learning more about them will help you to discover the one touch binary options later! The official common definition of the binary options is the following: It is a type of an option that eventually ends with only two kinds of outcome — either a particular always fixed amount of some asset, or zero winning.
This means that in the second case you lose the invested amount. Binary options are also popular with the following names: No matter what name is used, with binary options you buy them and know what exactly you can win or not to win. Of course, the binary options are bought online.
Note that binary options — including the one touch binary options — are always with fixed expiry time, usually one week. And now we come to the one touch binary options particularly. It is a matter of time for you to answer your question: The binary options touch type is a type of an exotic option, which provides the trader to payout at the very particular moment, when the price of the underlying asset gets or exceeds the predetermined barrier you point.
On the other side, with the one touch binary the trader to estimate this barrier, as well as the time of the expiration. Last, but not least, the trader can also settle the payout to be received. A financial expert will tell you this important thing about the one touch binary options: First, in case the barrier is breached, you get the full payout amount that you have arranged on the contract and second — the barrier is not breached, so you lose the entire paid premium and the broker receives it.
Last, but not least, pros in financial market trading activity mention that with the touch binary option are mostly suitable for those players, who believe that the asset price will exceed a particular level at some time in the close future, but they are doubting about the highest price level is constant. All of these makes the binary option one touch quite popular for traders, who prefer to trade with commodities or on the foreign currency exchange market.
Becoming more and more popular across the traders and quite preferable for quick start of trading activity, the one touch binary option, as a matter of fact, work quite easily but comes with more inherent risk.
And it will not take a long time for you to understand the basic philosophy behind the touch binary options. How does the one touch binary option work?
Well, find out right away step by step:. We will simplify your quick one touch binary options education. Select an instrument This means you need to choose the trading place and to select the type of an instrument you would like to use and trade your touch binary options with. Simply, click on the chosen instrument tab and proceed. Select the asset Choosing the asset is very essential and significant for the one touch binary option trading.
Usually, the broker provides the traders a list with the available assets, so they can analyze, estimate and select from them. Choose your general direction Choose the direction of your binary option one touch trading — either Touch, or No Touch.
Choose the Touch option in case you think that the market will touch the target price before the fixed expiration date. Choose the No Touch, if you believe that the market will not.
Enter the amount You need to enter an amount. It will be used as a base for the calculation of your final outcome, if you will have such.
Personally we recommend you to begin with smaller amounts. Once you advance in trading with touch one binary options, you can increase your investments. Check your outcome The fixed expiration date indicates the trading audience, which prefers the binary option one touch, when to check the outcome.
There are many factors that make a broker — regardless whether it offers standard Forex trading, or trading with one touch binary options — a good one. And to make it clearer for you, always remember that traders get too much today, so this made them too pretentious and each of them has his opinion about a good or a bad broker. So, if someone told you that he has found a fantastic one touch binary broker, consider these guides for finding the best platform:.
Read reviews Binary options one touch reviews are helpful, because they show you the basic and most important information about the website. You do not have to risk by investing anything, but you can only inform yourself whether this binary option broker suits your needs.
Get recommended Still, receiving a good recommendation for a trustworthy touch binary options broker from an experienced trader — whether a friend or a person you just know — is more than just ok.
Such a person can consider the fact that you are a beginner in trading and might find you a suitable and easy to be operated with one touch binary platform. Thus, you can advance in your skills and knowledge quite fast. Test and try Even though a risky procedure, this is a practice that many traders perform, when they want to find a decent and reliable binary option one touch broker.
If you prefer to see the websites yourself and consider how good they are on your own, do not trade with high assets and large investments. Accept is as a research, so be more saving and prudent. Usually, the web shows you lots of forums, where experienced touch binary options traders discuss different websites.
Read their opinions, visit the particular web pages for one touch binary options trading and consider if any of them suits to your needs and personal preferences. Still, there are factors you need to consider, when you decide to look for a super awesome, reliable and reputable binary option one touch brokers. Being in the list for the Top 3 Brokers and Offers for a binary option one touch might be still difficult, because no matter how good it could be, the new websites will always move the competition.
So saying that one broker for binary options touch trading is trustworthy, is not enough. It should also correspond to several specifications and necessary features. So see all of the important factors that could turn one ordinary one touch binary options broker into one of the best, most preferred and worthy it to be chosen by both —high punters and beginners in trading.
Strong reliability When it comes to giving money, investing your own funds and participating in the financial industry, the reliability is always put on pedestal. You cannot trade with a broker that has a suspicious reputation. Do not mix the strong reliability with the good advertising campaign. There are numerous one touch binary options brokers, for example, which are quire bad, but have massive advertising campaigns around the web.
Regulation is a must Financial services, as well as the entire industry, are quite serious fields. Good customer support services Speaking of the staff, you cannot skip the customer support feature as an extremely important sign for a proper, decent and reliable website. By the way, besides the good reputation, the reliability feature, itself, includes the perfect customer support services.
Look for a binary options broker that has customer support services in multiple languages — or at least at the languages you speak fluently. Moreover — the most modern and good binary options trading websites provide customer support services with the most contemporary communications methods — including live chat and phone calls. E-mail messages are definitely not enough, because the communication is too slow with them.
Intuitive and good software The platform a broker uses correspond to the way the traders will be able to process their trades as fast as possible. Reliable and good brokers are completely aware that the easy to be learnt software is also quite important.
Make sure the broker you choose has a decent platform, too! Interesting promotional system The more attractive the bonuses, competitions and all the other similar promotions are in a broker, the more intriguing the broker becomes. Well, the bonuses are part of these campaigns, so now you probably think off how important a promotion is — if it is able to replace the rest of the necessary features and become enough to make a broker so desirable and interesting.
Good options provided by the trading platform The one touch binary options brokers must provide good options. Here, naming you things like hedging strategy permission, variety of instruments to trade with and etc is probably pointless. The citation is explicitly, so all kinds of special options, extras and functions on a broker should be considered as big advantages. As a conclusion, we must remind you that the one touch binary options are indeed one of the most preferred and easiest methods to join the market.
All of these should give you even more motivation to join a binary touch options broker as soon as possible, too! We wish you good luck and successful trading! Demo Account Trading Webinars Register now!More...