What is Digital?
“Do you expect market growth but don’t know how much the price will grow? Never mind! With us, you can trade in the trend itself!”
Digital is the most popular type of binary options, due to its simplicity. Trading this option, you speculate whether the given stock or commodity will grow or drop. If your decision is correct, and the stock value is higher after the options expiration, you will be credited with profit.
Say that you are watching Microsoft stock. You know that the value has increased over the last few hours. You have also read information that the company has plans to announce its income and everyone expects very good figures. Based on this, you purchase binary options. Since you are speculating that the chart will move up and down, you decide to choose Digital. You predict that the value of Microsoft stock will be higher in an hour than it is now. You place a $100 purchase order and wait until the option expires. After the expiration, you find out that your prediction as correct, and you will be credited equal to 83% of your trade. This means that your account will be credited with $183.
The advantage of this type of trading is that you know the potential profit and loss from the start, allowing you to have a clear image of how much you can earn or lose the moment you start trading.
Variable returns with Zoomtrader
This is arguably the most popular new feature. It is a form of insurance for trader who may not be 100% sure about which position you should take.
If you are not sure whether an asset is going to increase in value, before you place your call position you can choose your risk level. All you have to do is click the drop down list next to “return” and pick your potential profit and how much money you get back if your trade was not successful.
The highest return rate doesn’t have any insurance against unsuccessful trades; however, Zoomtrader is incredibly proud to offer various levels of risk for traders to choose from, allowing traders to be in control of their own results.
What is Touch?
“Are you convinced that the stock you have chosen will reach a certain price, but you don’t know when it is going to be? With the Touch type binary option, it will suffice for the chart to reach the determined limit and you make money!”
This binary option is based on the speculation that the price of a stock or commodity will ‘touch’ the predetermined limit. You choose whether the stock will hit the limit below or above the current price.
Say you are watching the American Dow Jones index. On the first day of every month, you see that there are exceptionally large fluctuations in the index before the market decides which direction to take.
You decide to purchase the binary option, and as you are guessing you the limit, you pick the Touch type. You trade $100 in the possibility that the Dow Jones index will touch the determined limit above/below the current price. When this happens within the hour, before it expires, you will make 83% profit, and your account will be credited with $183. Sometimes, the chart touches the boundary earlier, before it expires meaning you might make a profit even after 15 minutes.
The price of the asset does not have to only touch the limit – you can make a profit even if the limit is surpassed.
The main advantage with Touch is that it is sufficient for the chart to reach the determined limit only once, and the trader gets a profit. Whereas, with the Digital option, the stock value must be a precisely the right place when the option expires.
What is Range?
“Are your favourite titles stagnating and you are not sure which direction they will take? Never mind! Let them stay in their current price range, you can still make a profit!”
The Range type binary option, you speculate whether the price of an asset with remain it its range, or whether it will fluctuate heavily and finish outside of the range. This is an ideal option if you do not know the trend in which the asset is going to move, but you can anticipate whether it will be traded a lot or not.
You are watching the EUR/JPY currency paid, and have discovered that this currency pair is not traded very often and the price is pretty much at a standstill. You also find out that during this period, no economic report could affect the price that will be published. You therefore assume that this currency will not fluctuate noticeably during this period.
You do not have to speculate this way, and could predict that it will finish outside of the limits.
An advantage with this option is that you do not have to know which direction the chart will move in. We either expect noticeable fluctuations outside of the price range, or a stagnation of an asset with minimal fluctuations.
What is One Touch?
“Do you expect an upward trend, but you’re not quite sure how high the price could grow? Use the One Touch option, when it is enough if the price ended within a predetermined band!”
This is when a trader knows that the stock price will grow steadily, but is concerned that the development will be punctuated by tiny price drops and choses the One Touch binary option. It is enough to keep the value in a predetermined range and you collect the profit.
You analysed the price of gold, and expect stable price growth, accompanied by minor decreases. You chose the One Touch option and trade 100 euros with the expectation that the graph will eventually reach the upper zone. If it touches your band, you will collect profits of 75%.
If you have speculated that the price will not even touch the predetermine range, you just enter the No Touch command and speculate on the drop with the expectation that the price will move outside of the range. The advantage of this is that it covers any volatility and therefore it is enough to estimate the trend of the selected asset correctly.
The table below summarizes the assets available for the One Touch trading and their Payouts:
The trading limitations for users of all groups (New, Beginner, Trader, Expert) are as follows:
Max. amount allowed to be open per asset – 500
Max. amount allowed to be open per option – 500
Max. open trades per asset – 5
Max. open trades per option – 5
What is Turbo?
“Are you one of the traders who want to know the outcome of their trade as soon as possible? Do you have a favourite asset, but cannot keep trading it as many times as you would like to? With our Turbo option, you can get the profit/loss result within one minute!”
Classic binary options expire in at least half an hour, and for traders who specialise in one asset, this might be too long to make enough trades. Our platform provides a special kind of option that expires every 1, 2 or 5 minutes, behaving in the same way as the Digital option with a classic speculation of the growth or decline.
You make a technical analysis of the current Euro-Dollar (EUR/USD) exchange rate. You discover that the price is about to increase, and select a 1 minute option and trade 100 euros. You wait for that minute before the option expires and learn whether your prediction was correct. If you traded properly, you will collect a profit of 73%.
This option is perfect for aggressive traders, who can detect instantaneous potential for growth (or decline) and want to trade immediately. Traders who trade daily, can usually diversify their portfolio this way.
The table below summarizes the assets available for 60 second trading and their payouts.
|Asset||Trading hours (GMT)||Payout|
|EUR/USD||08:00 – 19:00||73%|
|GBP/USD||08:00 – 19:00||73%|
|AUD/USD||08:00 – 19:00||73%|
|Gold||08:00 – 19:00||73%|
|Crude||08:00 – 19:00||73%|
|Dow Jones||15:00 – 20:00||73%|
|S&P Futures||15:00 – 20:00||73%|
|DAX Futures||08:00 – 16:30||73%|
The users trading limitations for all groups of users (New, Beginner, Trader, Expert) are as follows:
Min.Time to wait between trades – 10 seconds
Max.Trades allowed – 15 in 30 minutes, and 25 in 60 minutes
Max.amount allowed – 350 in 30 minutes, and 650 in 60 minutes