There are 5 major types of binary options: cash-or-nothing, asset-or-nothing, one-touch, no-touch, and double-one-touch/double-no-touch.
Binary options offer several contract types, each based on how an asset’s price behaves before a set expiry time. Cash-or-nothing trades pay a fixed amount if a prediction is correct, while asset-or-nothing contracts base the outcome on the value of the asset. One-touch options win if the price reaches a specified level; no-touch options depend on it staying away. Double-touch variations use two price levels and add another condition to consider. Before exploring these trades through casino-bad-kissingen.com, take time to understand the terms, fees, and potential losses. Binary options can be high risk, and promotional bonuses do not guarantee profits.
1) Cash-or-nothing options; this is the most common type of option, as the name shows, this is a predetermined fixed contract in which you either win or lose the entire amount traded; the entering price and expiry time are also predetermined so there are no variables to focus on. You choose the prediction and wait for the expiry time to find out the result.
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2) Asset-or-nothing options is a type of option where the stake is the asset itself, rather than the amount of money invested; in this type of option the traders wins or loses the value of the asset he traded, depending on the price of the asset at the expiry time.
3) One touch binary options represents a different type of trade from the two already presented above. In this type of option, the trader has to predict if an asset will “touch” a specific price level during the specified time of the trade.
4) No touch binary options trading is the opposite of one-touch option; the trader predicts whether an asset price will not touch a specific level during the specified time.
5) Double one touch and Double no touch are similar to the types 3 and 4 described above, with the single difference that there are two levels this time. In the double no touch option, there are two price levels that the asset needs to hit before expiry time, while in the double no touch option, the asset price trend mustn’t touch any of those two levels until the time expires.