Binary forex options consist of a fixed purchase price (premium) and a fixed value (payout) over a user defined time period. Binary forex options have the luxury of user specified criteria with limited risk and a set it and forget it approach.
Various binary forex option platforms exist offering the participant the ability to take positions with expirations ranging from five minutes to thirty or more days. The attraction to binary forex option trading has evolved into shorter term contracts and flexible option types. When combined with spot forex trading the possibilities for forex hedging strategies become endless.
2004-2012 RetroForex. All rights reserved.