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Trading options

Every InstaSpot customer may trade intraday and expiry binary options in his Client Area. Among 72 trading instruments available for options trading, there are 21 currency pairs, Gold, Silver, and also CFDs on 49 shares.
Methods of deposit / withdrawal of funds

Trading options

What is a binary option?

A binary option is a trading instrument with a fixed price and a fixed payout. In other words, when you buy an option, you bet. For example, you expect that the dollar-yen pair will rise or Tesla shares will slide in the next ten minutes. If your expectations are correct, then you get profits, but if they are not, then you just lose the sum that you have spent for buying an option. Thus, a binary option gives you an opportunity to earn on making forecasts about movements of a price of any asset.

Despite concerns of some traders, binary options do not involve high risks and this type of trading is as safe as currency trading. Besides, the advantage of binary options is that you know beforehand how much you risk and how much you may earn.

InstaSpot provides trading binary options on currency pairs, metals, and CFDs on shares.

Our clients can track the purchase and cancellation of options, the beginning of their action, as well as gains/losses of other options traders in the Live Feed.

Types of trading binary options

Binary options trading has been attracting market participants with its simplicity. The key advantages of it are low risks, profits known beforehand, and different execution terms. Another boon is zero swaps, spreads, or commissions. To profit from buying binary options, one has to correctly forecast where an asset price will go. If the price goes in line with the forecast, the deal will be successful even if the change is marginal.

There are three types of binary options trading: intraday, short-term, and long-term. InstaSpot offers intraday and expiry binary options and gives access to multiple trading instruments such as gold and silver, 21 currency pairs, and 49 CFDs on shares.

The difference between intraday and expiry options is that the first ones can be active from at least 1 minute to 1 day at most. The expiry options term ranges within 1 month. An unlimited number of options can be bought during a day.

Intraday binary options

To purchase an intraday binary option, you should determine a time interval for buying the option on the next day, forecast where the asset price will go, and buy a call or put option with a certain value.

Advantages of trading intraday binary options with InstaSpot

  • Short increment: step in 5 minutes (M5 time frame), step in a minute during first 30 minutes

Expiry binary options

These are fixed contracts with a predetermined income that are limited in their term up to 4 weeks. The option will bring profits once the forecast for a price direction comes true. When buying expiry options, one should keep in mind that they should be bought in advance – within 2 weeks from the current date; for a sale – up to 4 weeks from the moment of purchase.

Advantages of trading expiry binary options

  • Short increment: step in 5 minutes (M5 time frame)
  • Option purchase can be postponed for 2 weeks
  • It is possible to buy an option 3 minutes before the planned activation time of the option

How to trade binary options?

How to trade binary options?
Trading options is easy and simple
Choose trading instrument
Currency pairs, CFDs on shares, Gold and Silver
Time period
From 1 minute to 2 weeks
Sum
From 1 USD
to USD 1,000
Price direction
Whether the chosen asset will go up or down
Trade and make profits
Get profits of 80% of the winning option value
Trading options is easy and simple
1
Choose trading instrument
Currency pairs, CFDs on shares, Gold and Silver
2
Time period
From 1 minute to 2 weeks
3
Sum
From 1 USD
to USD 1,000
4
Price direction
Whether the chosen asset will go up or down
Trade and make profits
Get profits of 80% of the winning option value

Strategies for binary options trading

Simple strategies for binary options trading
Strategies for binary options trading based on indicators
Graphic strategies for binary options trading

Simple strategies

Simple strategies forbinary options trading are useful not only for beginners but also for experienced traders. Professionals employsimple strategies in difficult situations in the market.

Such strategies require minimal skills. The most popular of them are Martingale, Rapid Fire, Strangle, 60 Seconds, Doji pattern. These simple and understandable strategies were developed by professional traders. They do not require deep knowledge of the market. They can be used by novice traders forincreasingthe deposit.

Strategies based on indicators

These strategies are based on indicators that assess price movements ofbinary options. Atrader receives a signal whenan indicator behaves in a certain way. The most popular strategies for the basic indicators: No Touch, Breakout, Puria Method, as well as strategies based on the trend lines:EMA, MACD, and RSI. Trading on such strategies ishighly profitable.

In addition, some strategies, for example, on trend lines, give the opportunity to trade several instruments at once.

Graphic strategies

This type of strategiesis intended for professionals of the forex market since graphic strategies includeelements of technical analysis. This system requires working with price charts. Atrader should determine the trend model and make a forecast based on the pattern. A trader canapply graphic strategies if he/she already has experience in trading, understandstrading process, and knows how the market works.

Popular graphic strategies for binary options trading are Triangle, Trend Reversal, Bottom - Top and others.

Feedback on binary options trading

Aleksey Orlov, trader:

“Lately, I’ve been hearing a lot about binary options trading. When I started to look for information about it, I was pleasantly surprised to find out that my broker does provide this trading instrument. The choice of trading assets and expiration periods is great. According to my yet short experience, the execution speed is fine, quotes are live, and there are no slippages. Moreover, I’ve already managed to withdraw some profits.”

23:00 2017-10-14 UTC+04

Aleksandr Druzhinin, beginning trader:

“I’ve only started to learn about binary options and I’m trading on a demo account, though I’ve got some small experience on Forex. It was high payouts that attracted my attention to options as brokers usually offer 85-100% of the option value in case of winning. Besides, you can first test your strategies on a demo account before live trading.”

15:56 2017-10-10 UTC+04

Roman Streletskiy, trader:

“Binary options trading is bets on a price direction. You simply forecast where the price will go (up or down) and that’s all. No complicated calculations, no candles, no charts. If you have even the smallest experience in currency trading, then you already have a decent chance to make a correct forecast. Still, trading any financial asset is a risk, and one should take binary options seriously.”

17:40 2017-10-20 UTC+04

Trading binary options with InstaSpot

4 steps towards profits

Choose asset (currency pairs, gold, silver, CFDs on shares)
Set the sum
Make price forecast
Get profits if the forecast comes true

Terms of trading binary options with InstaSpot!

  • The currency of your account: USD, EUR, RUB
  • Minimum deposit from $1
  • Wide choice of trading assets: currency pairs, gold, silver, CFDs on shares
  • Trading on a demo account
  • High payouts: 80% profits of the option value in case of winning
  • Different expiration periods: intraday or expiry binary options
  • Archive of quotes

Advantages of trading binary options with InstaSpot

High profit coefficient: 1.8 for trading in Client Area
Intuitive interface that will be clear even to beginners
Fixed profit rate of 80% regardless of an asset and its expiration time
Opportunity to use simplified Client Area for trading binary options
Convenient ways of account replenishment and funds withdrawal
Opportunity to make money regardless of market conditions

See also

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