Binary option

How many years can you trade binary options

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Spread 0. Conversely, if they think the price will go down, then they have to execute a put option.

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In most cases brokers will give you the opportunity to choose between hourly, daily and weekly expiry, but some brokers also offer second options which allow you to quickly execute trades with an expiration time of just one minute. Expiry time is one of the most important aspects of trade execution.

Binary option

However, you will have a limited time to do so. Brokers typically open up a window lasting around minutes to exercise this feature, which is usually shortly before the option expires.

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Also, you are typically allowed to extend your option only once for its entire duration. Early trade close Opposite to the expiry time extension, some brokers provide you with the opportunity to close your trade earlier than originally planned. Traders usually use this option when their trade is profitable and they are unsure whether it will remain like that.

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However, just like the trade extension, it comes with a limited time window — it becomes available 15 minutes before the expiry and lasts for 10 minutes. Double up Some brokers allow you to double your bet, in case you are feeling confident enough.

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The double-up option doubles your investment while keeping your current expiry time and direction. However, the entry rate will be updated to the current rate at the time the Double Up option was exercised.

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Even if you choose not to use these options rollover, early close and double upall of them expand the range of trading decisions you can make and, thus, allow for more customization of your trading strategy. That is always a good thing.

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The strike time isthe strike price is This means that the trade will close at exactly and the trader will find out if their trade will expire in-the-money or out-of-the money. Conversely, if the price is higher than