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What are Binary Options?

Binary Options are simple and rewarding financial trading products. Binary options deliver a fixed return on every executed trade, depending on whether the trade was “in the money" (win), “out of the money” (loss) or "at the money” (tie). Binary Options - also referred to as digital options - are one of the world's fastest growing financial trading products. Their simplicity, together with the certainty which they offer on every trade, makes them an attractive trading tool for many financial investors.

The potential return offered on a binary option is fixed and known before the purchase is made. Binary options can be bought on virtually any tradable asset and can be bought by predicting the direction of the asset's price in either direction at the end of a set duration, called the expiry time. This means that traders can invest in any financial product either long term or short term simply by buying a binary option. Binary options are offered against a fixed expiry time which can vary anywhere from 30 seconds to 1 hour, 1 day, even up to a full year. Binary options cannot be resold before the expiry time is reached.

What is an Underlying Asset?

Assets are any tradable products on which a financial market can be based. The most common assets which are traded through financial markets are commodities (e.g. gold, oil, platinum), stocks (e.g. Microsoft, Nike, Citi, Coca Cola), currency pairs (e.g. Euro-Dollar, Dollar-Yen), Stock indices (e.g. Nasdaq, Dow Jones, FTSE) and bonds.

In binary options trading, investors buy options on individual assets for a fixed expiry time in order to try to benefit from the price changes to the underlying asset.

How do binary options differ from traditional financial options?

Tradextra offers binary options that guarantee a fixed return on your "in-the-money" trades. Binary options are a simple and exciting way to trade and are financially rewarding as both the risk and reward is known ahead of time. By contrast, the vastly more complex traditional financial options typically have longer expiry times, wildly changing returns on investment, and can be sold in the market before the expiry.

What is the maximum investment amount?

The maximum investment amount for a single trade is 1,000 USD/EUR/GBP depending on the currency of your trading account.

What do the colors of the rates on the trading platform mean?

Green indicates a higher rate than the previous trading day's closing level. Red indicates a lower rate than the previous trading day's closing level.

What is the time shown on this site?

All times displayed on the Tradextra are in GMT (Greenwich Mean Time).

Where can I view the precise trading hours of each asset?

To view a list of all of our trading assets, along with trading hours, trading symbols, and a description of the asset please visit our asset index.

Where can I view my transaction history?

To view your transactions history including a complete list of all your trading activity, please log in to your account and click on the My Options Portfolio.

Do I have to download any software for trading?

There is absolutely no need for you to download anything in order to trade with Tradextra. Simply register and deposit funds into your account and you’ll be ready to start trading binary options.

What web browser should I use when trading on Tradextra?

We recommend using either Mozilla Firefox or Google Chrome when trading on the Tradextra platform.

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