Binary Options Platforms
When trading Binary options, you need to find a Binary Options trading platform that you are comfortable with.
Trading on binary option platforms can be done with very little knowledge of the stock market. An investor will only need to choose whether the price of some asset will be higher or lower at the option’s expiration.
Once a trader places a trade it sets the spot price of the underlying asset as the strike price for the option. From that time, if the price of that underlying asset increases and closes above this strike price by even 1/100 of a point, the option will expire in the money. If the price of the asset hasn’t changed at expiry, the investor will receive their money back.
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