TriOption - Simplifying Binary Options
Currently the fastest growing financial product, binary options is set apart from traditional trading options by its sheer simplicity and flexibility. In fact, it is so easily traded that many people who have never traded before have begun to make significant extra income from it.
The Definition of Binary Options
Simple. Quick. Profitable.
The word ‘binary’ refers to the two investment possibilities in binary options trading. Unlike traditional trading where traders purchase and sell volumes of financial asset, all binary options traders need to do is predict whether the price of the asset will rise, ‘Call’, or fall, ‘Put’.
Binary options are designed for short-term investment and traders can use them to hedge their trading portfolio. Flexible in nature, binary options enable traders to choose the expiry time of their choice. The expire time of the trade can range from minutes and hours to days and even weeks.
Throughout the entire trade, investors know exactly the maximum profit and loss ratio of each trade. This gives binary options traders a form of risk management that was never possible with traditional options trading. Furthermore, the profit gained from a successful trade can be as high as 80% and more.
With such simplicity, clear risks, and preset profits, it is no wonder that binary options is highly favored by investors worldwide.
Advantages of Binary Options
Simplicity - Traders only need to predict the price movement of a chosen asset, i.e: Will the current stock price of Apple increase or decrease by the expiry time?
Controlled Risk - The ratio of maximum profit and loss is known before making the investment, allowing a degree of risk management.
Attractiveness - Traders’ prediction only need to be right by a single pip and the trader will receive the entire payoff from the profitable trade.
High Payout Rates - A profitable trade can earn a trader an incredibly high payout of up to 80% with minimal risk and investment amount.
Flexibility - Binary options gives traders almost full control over their investment, from choosing the asset, the investment amount and the expiry time.