3 Different Ways to Earn through Binary options trading
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Let’s begin with a quick recap of the various types of binaries you can trade to make money. The simplest type are up or down options (also known as call/put options and high/low options). You predict whether the price of the underlying asset will be higher or lower when the option expires.
One touch options are nearly as simple. Here, you predict whether the asset’s price will “touch” a certain price before the option expires. All of the legit binary options brokers on our list offer this type of instrument.
You can also trade range options. With these binaries, you predict whether an asset’s price will stay within, or move outside, a certain range while the option is active (i.e. until it expires).
These three types of binary options cover the majority of instruments you can execute. They vary by expiration, some expire in 60 seconds, others in hours and underlying asset (stocks, indices, commodities, and currencies).
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