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ID Types of binary options
If you are looking to venture into the world of binary options, it is important that you know the different types that exist. Below, we will explain in detail the most common types of binary options:
Binary call/put options
Binary call/put options are the most basic and popular in the market. In this type of option, the trader must predict whether the price of an asset will go up (call) or down (put) in a given period of time. If his prediction is correct, he will get a fixed return on his investment.
Binary options one touch
One touch binary options are those in which the trader must determine whether the price of an asset will reach a specific level within a certain period of time. If the price reaches that level, the trader will get a fixed payout, regardless of how long the price remains above or below that level.
Range binary options
Range binary options are based on the prediction of whether the price of an asset will remain within a predetermined price range or move out of it at the expiration of the option. If the price remains within the range, the trader will earn a fixed return, otherwise the option will expire worthless.
Turbo binary options
Turbo binary options are short-term options, with expirations ranging from a few seconds to a few minutes. These options are ideal for traders looking for quick results and trading in volatile markets.
What are the main types of binary options available in the market?
There are several types of binary options that investors can use to trade in the financial market. Some of the most common types include High/Low (or Call/Put) binary options, Range options, One Touch options and 60-second options. Each type of binary option has its own specific characteristics and conditions that investors should be aware of before making a trade.
What are High/Low (Call/Put) binary options?
High/Low binary options, also known as Call/Put options, are the most basic type of binary options. In this case, the investor must predict whether the price of an asset will rise (Call) or fall (Put) in relation to its current price within a given period of time. If the investor's prediction is correct at the expiration of the option, he will obtain a pre-established profit. Conversely, if the prediction is incorrect, the investor will lose the amount invested in the transaction.
What are binary range options and how do they work?
Range binary options, also known as Range options, allow investors to speculate whether the price of an asset will remain within a specific price range at the expiration of the option. The investor must determine whether the price of the asset will remain within the stated range (within bounds) or move out of the range. If the investor's prediction is correct, he will make a profit; otherwise, he will lose the investment made. It is important to note that range options usually have a higher risk and higher profit potential compared to other types of binary options.
There are different types of binary options to suit the preferences and trading styles of each investor. It is important to familiarize yourself with each type of option to make informed decisions and maximize your chances of success in the market.
