Trading binary options involves predicting an increase or decrease in the underlying asset. If you are looking to hedge or speculate, binary options are a great alternative to predicting assets.
The IQ Option platform divides binary options into two types. One is the standard options, which expire from 15 minutes to an hour, with intervals of 15 minutes, while "turbo" options run from 1 to 3 minutes. .
The main features of binary options:
- Expiration date: this is the period until the option contract is purchased.
- Exercise Price: this is the price at which a call or option can be exercised.
- Payoff offer: the payoff offer is the return that the broker offers traders, usually in percentages.
As with any investment, there are risks and rewards, so it is important to understand binary options before taking any action.
You can check out the initial versions of the most complete trading strategies for beginner traders.