Everything You Need to Know About One-Touch Binary Options

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What You Need To Know About Binary Options Outside the U.S

Binary options let traders profit from price fluctuations in multiple global markets but it’s important to understand the risks and rewards of these controversial and often-misunderstood financial instruments. Binary options bear little resemblance to traditional options, featuring different payouts, fees, and risks, as well as a unique liquidity structure and investment process.

Binary options traded outside the U.S. are also structured differently than those available on U.S. exchanges. They offer a viable alternative when speculating or hedging but only if the trader fully understands the two potential and opposing outcomes. The Financial Industry Regulatory Authority (FINRA) summed up regulator skepticism about these exotic instruments, advising investors “to be particularly wary of non-U.S. companies that offer binary options trading platforms. These include trading applications with names that often imply an easy path to riches.” 

What Are Binary Options?

Binary options are deceptively simple to understand, making them a popular choice for low-skilled traders. The most commonly traded instrument is a high-low or fixed-return option that provides access to stocks, indices, commodities and foreign exchange. These options have a clearly stated expiration date, time and strike price. If a trader wagers correctly on the market’s direction and price at the time of expiration, he or she is paid a fixed return regardless of how much the instrument has moved since the transaction, while an incorrect wager loses the original investment.

The binary options trader buys a call when bullish on a stock, index, commodity or currency pair, or a put on those instruments when bearish. For a call to make money, the market must trade above the strike price at the expiration time. For a put to make money, the market must trade below the strike price at the expiration time. The strike price, expiration date, payout, and risk are disclosed by the broker when the trade is first established. For most high-low binary options traded outside the U.S., the strike price is the current price or rate of the underlying financial product. Therefore, the trader is wagering whether the price on the expiration date will be higher or lower than the current price.

Binary Options Outside the US

Foreign Versus U.S. Binary Options

Non-U.S. binary options typically have a fixed payout and risk, and are offered by individual brokers rather than directly on an exchange. These brokers profit on the difference between what they pay out on winning trades and what they collect on losing trades. While there are exceptions, these instruments are supposed to be held until expiration in an “all or nothing” payout structure. Foreign brokers are not legally allowed to solicit U.S. residents unless registered with a U.S. regulatory body such as the Securities and Exchange Commission (SEC) or Commodities Futures Trading Commission (CFTC).

The Chicago Board Options Exchange (CBOE) began listing binary options for U.S. residents in 2008.   The SEC regulates the CBOE, which offers investors increased protection compared to over-the-counter markets. Chicago-based Nadex also runs a binary options exchange for U.S. residents, subject to oversight by the CFTC. These options can be traded at any time, with the rate fluctuating between one and 100, based on the current probability of the position finishing in or out of the money. There is full transparency at all times and the trader can take the profit or loss they see on their screen prior to expiration. They can also enter as the rate fluctuates, taking advantage of varying risk-to-reward scenarios, or hold until expiration and close the position with the maximum gain or loss documented at the time of entry. Each trade requires a willing buyer and seller because U.S. binary options trade through an exchange, which makes money through a fee that matches counter-parties.

High-Low Binary Option Example

Your analysis indicates the Standard & Poor’s 500 index will rally for the rest of the trading day and you to buy an index call option. It’s currently trading at 1,800 so you’re wagering the index’s price at expiration will be above that number. Since binary options are available for many time frames—from minutes to months away—you choose an expiration time or date that supports your analysis. You choose an option that expires in 30 minutes, paying out 70% plus your original stake if the S&P 500 is above 1,800 at that time or you lose the entire stake if the S&P 500 is below 1,800. Minimum and maximum investments vary from broker to broker.

Say you invest $100 in the call that expires in 30 minutes. The S&P 500 price at expiration determines whether you make or lose money. The price at expiration may be the last quoted price, or the (bid + ask)/2. Each binary options broker outlines their own expiration price rules. In this case, assume the last quote on the S&P 500 before expiration was 1,802. Therefore, you make a $70 profit (or 70% of $100) and maintain your original $100 investment. If the price finished below 1,800, you would lose your original $100 investment. If the price expires exactly on the strike price, it is common for the trader to receive her/his money back with no profit or loss, although brokers may have different rules. The profit and/or original investment is automatically added to the trader’s account when the position is closed.

Other Types of Binary Options

The example above is for a typical high-low binary option—the most common type of binary option—outside the U.S. International brokers will typically offer several other types of binaries as well. These include “one-touch” options, where the traded instrument needs to touch the strike price just once before expiration to make money. There is a target above and below the current price, so traders can pick which target they believe will be hit before the expiration date/time. Meanwhile, a “range” binary option allows traders to select a price range the asset will trade within until expiration. A payout is received if price stays within the range, while the investment is lost if it exits the range.

As competition in the binary options space heats up, brokers are offering additional products that boast 50% to 500% payouts. While product structures and requirements may change, risk and reward is always known at the trade’s outset, allowing the trader to potentially make more on a position than they lose. Of course, an option offering a 500% payout will be structured in such a way that the probability of winning the payout is very low.

Unlike their U.S. counterparts, some foreign brokers allow traders to exit positions before expiration, but most do not. Exiting a trade before expiration typically results in a lower payout (specified by broker) or small loss, but the trader won’t lose his or her entire investment.

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

The Upside and Downside

Risk and reward are known in advance, offering a major advantage. There are only two outcomes: Win a fixed amount or lose a fixed amount, and there are generally no commissions or fees. They’re simple to use and there’s only one decision to make: Is the underlying asset going up or down? In addition, there are also no liquidity concerns because the trader doesn’t own the underlying asset and brokers can offer innumerable strike prices and expiration times/dates, which is an attractive feature. The trader can also access multiple asset classes anytime a market is open somewhere in the world.

On the downside, the reward is always less than the risk when playing high-low binary options. As a result, the trader must be right a high percentage of the time to cover inevitable losses. While payout and risk will fluctuate from broker to broker and instrument to instrument, one thing remains constant: Losing trades will cost the trader more than she/he can make on winning trades. Other types of binary options may provide payouts where the reward is potentially greater than the risk but the percentage of winning trades will be lower.

One Touch Binary Options

In the world of binary options, there are a variety of structures which are designed to take advantage of any one particular scenario. This gives the trader a choice of option in order to best reflect his/her view of the market or particular asset. For the beginner, the different options can sometimes be confusing, so it is best to familiarise yourself with the various structures on off in the retail market. For this reason, we have dedicated these pages on our site to cover the various types of options available.
In this section, we will be looking at One-touch options, how they work, and whether they are an instrument worth considering. As stated, the most popular binary options are call and put trades, which allow the trader to profit from a correct prediction on whether the price of an underlying asset will go up or down. This is popular with beginners, as the concept is also simple to understand. Once you have grasped the basics of options trading, you may be tempted to move on to One-touch binary options, so now let us explain the basics on this type of option.

What is a one-touch option?

A One-touch option is a binary option which offers a payout once the price of an underlying asset hits a certain predetermined level. The buyer can set the position of the barrier and the expiry date, and the broker will offer the best payout (in theory) should the barrier be broken (triggered is the correct market terminology). As with all binary options, there are only two possible outcomes, so if the strike level is not triggered, then the option expires worthless and the trader loses the cost of the option price paid. This type of option is used when a trader believes the price of an underlying asset will pass a certain level in a set period of time (the expiry period), but does not believe that gains or losses may not necessarily be sustained. At this point however, it is also worth considering that in this expected scenario, the trader will also benefit from trading the underlying asset and naturally, monitor the position constantly. Indeed, based on the level of payout, with the benefit of technical analysis, placing a stop at a certain point can offer much better risk to reward as the binary option will only pay a set payout. The underlying position however, has unlimited gains, yet the risk is defined by the level of the stop loss – so discipline is required.

One-touch options are naturally less expensive than Double One-touch options, as in the latter case, there are more strikes, and therefore more chance of a strike price being triggered for payout. It is also worth noting, that One-touch options can also be traded at the weekends (in some cases) when global markets are closed. The key reason for the popularity of One-touch options is that they can offer large returns, but this will require the strike price to be placed some way away from the current market. In this case, the buyer is looking for a significant rise in volatility. Once again, this can also be expressed through traditional spot trading.

Having touched on Double One-touch options, let us now explain what they are.

What is a double one-touch option?

A Double One-touch option is a binary option that offers the trader an agreed payout if the underlying asset triggers one or other of two predetermined levels. In this case, a strike price will be placed on either side of current price. The trader will determine the level of both barriers, the expiry date of the contract, and the payout will be set based on these parameters. As stated above, either one of the strike or barriers must be broken before the option expires in order to receive the payout offered (at outset) by the broker. If neither of the price levels are broken the option is rendered worthless, and the trader loses his/her her premium paid for the option.

A Double One-touch option can be a great option to use if you believe the price of an asset will change dramatically over a set period, but you are not sure which direction it will take. A trader stands to benefit whether the price goes up or down, but will require higher volatility to achieve payout. In order to get an attractive payout, the strikes or barriers will have to be placed some way either side of the current market price. If the barriers are set close to the market, the broker will offer a very low payout percentage due to the higher chance of either level being triggered. As such, the better opportunities are likely to remain inside traditional spot trading, where traders can achieve greater returns in relation to risk (taken).

Five steps to start your one-touch options trading

  • Find the best on- touch options broker – As with any broker, research is required, but this site will offer plenty of informative and helpful reviews as well as other binary options articles.
  • Open a binary options demo trading account – Start by trying out a demo account, as this will give you risk free taste of how binary options work and what they can and cannot offer you.
  • Make your first deposit – Once you have some trading practice under your belt you should be ready to trade with real money, though start small and limit your risk(as you should always do).
  • Choose an asset – Trading with a small amount of money to begin with, invest in an asset you feel comfortable and familiar with.
  • Try different strategies – See what works and what doesn’t work for you, in order to find your winning formula.

Tips on finding the best binary options broker

We will finish by recapping some of the points we have touched on in one of our other pages, by looking at finding the best binary options broker, and what you should look out for.

Comprehensive Guide For Binary Options Trading

Discovering the binary options market and the benefits of trading with them may seem at first to be as simple as child’s play. But the real adventure comes when you immerse yourself into the reality of the binaries and start the real trading activity. Being a part of the real environment and watching how money can be made – or lost (prepare yourself for losses, because it’s an inevitable part of trading) – is difficult and not recommended at all without proper preliminary preparation. So instead of taking huge risks and investing money in vain, why not read our simple, but extremely helpful guide for trading with binary options. The guide shows you the basics and adjusts you to your upcoming challenges in the financial markets.

Review

Review

What Are the First Things You Need to Do Before Starting Trading with Binary Options?

Now, let’s see the very first things you must do before starting the real trading experience with binary options. We have categorized these little steps into different sections, but keep in mind that you may have already completed some of them. Though, revise them in order not to miss anything significant and important for a good final outcome and the exciting beginning of yours in the field:

  • Make sure you are 100% well-prepared and well-educated in the field. Even though you have already moved through this step, you need to be absolutely confident about the specifications in binary trading. This includes everything – from main terms to basic information like what is trading and what are binaries.
  • Choose a broker to rely on. It must be trustworthy, regulated, officially licensed to operate in the market, beneficial with bonuses and different privileges provided to the customers. Attention – check if the selected platform accepts users from the country you are based in.
  • Make a registration on the binary options website and find out how to open an account. You must be incredibly attentive, while reading the basic information and the terms and conditions that the broker has established. Missing a detail can be risky,especially while you are just a beginner.
  • Settle your primary budget. This is a very important step for your binary options preparation. It is very significant for you to know the level of your trading experience and knowledge. According to your skills you can then form a proper budget that will not be either too big, or too small. Taking risk is something you will eventually do during your future trading activity, so investing too little money is not an option. However, bringing all of your money to an initiative you have never faced before is a highly risky. Keep your trading budget balanced.
  • Consider things like using auto trading tools, subscribing for the educational centre of the broker, applying for bonuses, building up your own strategy and even using some help from a friend until you get deeper into the field.
  • Think about what assets you should choose when trading with binary options. Then, according to your choice, create a tactic that will fit your skills. No matter what asset you choose, make an analysis of the market and use the real facts for your predictions. Be aware that most binary options platforms offer dozens of assets, so you can easily choose the sphere that you are the better prepared for.
  • Choose your binary option type to trade. The different binary option types – 60 seconds, one touch and etc. – bring different sorts of pros and cons. It is all up to you to know what to undertake in your own personal experience.
  • Organize your trading activity in the best way. Convenience is a thing that simplifies any kind of job or initiative. Whatever makes your trading more convenient you should add it to your requirements. For example, ask yourself if mobile or ordinary desktop binary options experience is better for you. Choose a device, make a schedule when to trade by thinking over when you are free and when the market is more beneficial for traders to come into action.

How to Make Trading with Binary Options More Profitable?

Trading with binary options might be easy, but it takes experience to become advanced in it. Still, there are many approaches you can use to improve your initiative, as well as your skills. Check out our suggestions as to the strategies and specifications to take under consideration,to improve your trading experience:

  • Build up a strategy. The web is full of strategy hints and methods for trading with binary options. What you will choose is entirely up to you. But our recommendation is never overestimating yourself. There are strategies that are just not suitable for beginners and there are tricks that might work with some binary option types, but become absolutely incompatible to others. Things like hedging, mirror trading, signals, drawing support and resistance lines could be good for you to investigate as a start.
  • Try new things. This means to replace the binary options once in a while and even to change the broker you are trading in. Test modern software types that improve both – the activity and the learning process. The more your perfect yourself, the better you will become. Never stop learning new things and accept binary options field as your new motion. Motivation is everything.
  • Subscribe for analytical news and analyses of the market. There are many websites that offer such services these days. The best thing about them is that they overview all the financial and economic (even political) news to give you only those that could be helpful for your trading activity. Analyses, on the other side, are essential to make you think faster and consider when the market is great to make money from it.

Top Factors that Make Your Binary Options Trading Successful

Lastly, we want to name for you the top factors that will make your binary options trading activity successful. Make sure you understand and apply each of them to your own experience, too:

Organization and Discipline

Always have a plan and always know what you are doing. You are working with money so to be organized is essential in order not to lose it. Arrange your trading activity in a way that it goes up and forward, but not returning you to the beginning stage.

Safety is a must

Whether it is about choosing a good broker like 24Option, or selecting a trustworthy payment method, safety is a factor that should influence your funds and your trading activity. Yes, many people are in the binary options market, but many of them have lost money to scams, too. Don’t become one of them and investigate the security factor.

Ability to lose

People who cannot bear to lose money, should not even come on the binary options arena. Prepare to lose some money and embrace risk cleverly. It should not exceed your analytical skills, but it shouldn’t exclude a little gambling approach, either.

Know when it`s time to stop

Speaking of gambling… Traders tend to increase their trades in both cases – if they lose too much or if they win a lot. In both hypotheses you can make a mistake, because neither the loss, nor the winning forms your strategy. What forms your strategy is the analysis, the market research and the current financial condition of the selected asset.

Progress is everything

Progressing in your trading skills means progressing in your profits. So once you have learnt the basics of binary options, you have only just begun. Become a constant student of the market and the financial trading service. Innovations appear every day these days, ensure that you don’t miss them, and hopefully make huge progress with their applications.

Adjustment to the audience

Sometimes, looking at the rest of the traders` actions can be a good lesson for you. Whether you have friends, or you just look at the common statistic of historic trades, the wider audience movements always has something interesting or useful to tell you.

Proper classification

Realize what trading with binary options is for you. Is it a hobby or a real job? Thus, the motivation and the next goals to achieve can be aligned. It is interesting to know that many traders have begun trading as a hobby, but eventually they have managed to be the pros of 21st century on the financial market
Use our guide and revise it once in a while, when you need either some stimulation, or courage to proceed wining more and more from binary options!

5 Things You Absolutely Need to Know About Binary Options

Ever since 2008 when Binary Options burst on to the mainstream, they have been constantly gaining more and more popularity. But despite all this, people are still very uninformed when it comes to the basics of this industry. That being said, I’ve decided it’s time to write about 5 things you absolutely need to know about binary options. This article is mostly for the newbies but even if you don’t consider yourself that way, take a look; you might find something you didn’t know. So let’s get down to business:

1. The Disclaimer. It’s There for a Reason.

HIGH RISK INVESTMENT WARNING: Trading Binary Options is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose.” Binary Options brokerages (the ones that are regulated at least) are required to display this disclaimer or similar ones on their websites. Forex brokers have to do it as well. Read it, understand it and then read it again! I don’t know why, but a lot of people still think that Binary Options are an easy and sure way to make money. Things are not like that: trading is highly speculative, carries a high level of risk and may result in loss of all your invested capital. I am not talking about binary options exclusively: Forex is risky, stock trading is, all forms of financial trading are risky (at least the ones I know about).

2. The Bonus – Take it or Leave it

Most binary options brokers will offer you a Bonus on your deposit. It works like this: you invest 1,000 bucks and they give you an additional 50% (this percentage differs from broker to broker) to trade so your available sum is 1,500. Sounds too good to be true? Don’t worry, it’s true. But… the ever present “but”… once you accept a bonus you will have to trade a certain volume (which again differs from broker to broker) before you can withdraw. And don’t think that you can trade the extra 500 bucks or 50% or whatever the bonus is and if you lose it, just withdraw the rest of your money. Nope, that doesn’t work either because the bonus will be deducted from your balance. Some brokers don’t even allow you to withdraw a single penny if you haven’t reached the required trading volume. Bottom line is this: if you accept a bonus, make sure you know what the consequences are. Read the broker’s Terms and Conditions.

3. The Account Manager – Not a Trading Guru

Once you open an account with a binary options brokerage you will get an Account Manager. Usually these guys will offer trading advice and will even trade for you. They will present themselves as seasoned veteran traders, with expert knowledge of the market. They will do their best to make you trust their skill and follow their advice. Please don’t! Most of the time, these Account Managers are nothing more than sales representatives. Their knowledge is related to salesmanship not trading. Sure, among them there might be some real traders so you might be lucky and get a good account manager, but the chances are slim. If they were really such skilled traders, believe me they would be sitting at home trading and making money. If you want to be a trader, be one, but don’t expect to be showered with money by your account manager.

4. The Chart – A Trader’s MAIN Tool… and Brokers don’t Give it to You

You cannot be a trader without charts. I don’t think I have to explain further. Ok with that out of the way, I have to tell you this: once you open an account with a binary options broker you will not get charts. They all say their platform is the best in the industry (I don’t know how they can all be “the best” but… whatever) when in fact they don’t even give you proper charts. All you get is some price line which doesn’t even look like a chart. You won’t get any indicators or candlesticks; you won’t be able to at least draw a trend line or to add a moving average which are the very basics of technical analysis. The solution is simple though: get your hands on a third party charting package (a demo account from a Forex broker, Netdania.com, MetaTrader, etc.).

5. Trading Binary Options is Not Easy

I am telling you this because on every website you will hear how easy trading is. Almost all brokers claim that you don’t need any prior experience, you don’t need to learn anything and trading is as easy as “Pick an asset – Pick a direction – Click Trade”. Well, guys they are right in a way: even a monkey can click on Put or Call so yea, it’s very easy. However, deciding on which one to click is a tad more complicated. I’d say that if you wanna do it profitably, you definitely need to put in some work. Nothing is as easy as some would want us to believe.

Wrapping it up

There you go, now you know 5 important things about Binary Options. But this is not all. You will learn a lot more if you are really serious about trading Binary Options. I didn’t mean to scare you away from trading but this industry is full of scams and traps are all over the place – anybody can tell you that – so you need to be prepared and leave the naivety outside when you step through the Binary Options door.

Everything You Need To Know About One-Touch Cases

When I first got back into sports card collecting, I started to notice people on forums and Instagram talking about one-touches or talking about throwing a card into a one-touch. I found myself asking “What is a one-touch in sports cards?“. The answer is very simple. One-touch cases are magnetic cases made by Ultra Pro for sports cards and even comic books.

Ultra Pro One-Touch magnetic cases are awesome products because they provide a great level of protection for your sports cards and also eliminate the need for any hardware like screws. The cases are held together by a small magnet so it is very easy to swap out the card inside the case. One-touches are a great choice to both protect and display your sports cards.

Ultra Pro One-Touch Magnetic Case (35 PT)

One-Touch Features

  • Magnetic Seal – One-touches are held together by a small magnet at the top of the case. There is a small notch where you can use your finger to pull the magnets apart and easily open the case if need be.
  • Diamond Corners – The corners of the case are diamond shaped which provides room for the corners of your card. No need to worry about corner damage because your corners should not be coming in contact with anything.
  • Tight fit – With different sizes available for different card thicknesses, Ultra Pro is able to ensure a tight fit for whatever card you have. You don’t need to use a penny sleeve inside of these cases and that alone makes your card look so much better on display.
  • Ultraviolet (UV) Protection – The newer one-touch cases (any one-touch you see with a gold magnet is new) include ultraviolet protection. Protection from UV light is important for cards especially those that you want to display. Cards have been known to fade away when being exposed to sunlight over extended periods of time.
  • Frosted Border – Ultra Pro did their best to build a solid case for your cards while not taking attention away from the card itself. The frosted borders of the One Touch are meant to not detract from the card itself.
  • Multiple Sizes – As cards have evolved over the years, Ultra Pro has kept up with providing cases for all of the different card sizes. It’s important to make sure you get the proper size One-Touch for your cards otherwise you risk damaging the card should you decide to cram a card that’s too big into a smaller case.

One-Touch Sizes

Card Sizing Chart

The most common One-Touch sizes most people end up using are the 35pt and 100pt cases. 35pt cases hold your most common sized cards, and 100pt cases hold your standard Panini jersey cards, thick autograph cards, acetate cards, etc).

BCW Supplies released a downloadable PDF that you can use to figure out what size toploader or magnetic case will fit your cards. Just hold your card up to the bars as seen in the picture above. Whether you open the PDF on your phone or computer, make sure that you are at 100% zoom so your sizing will be accurate.

Do you use Ultra Pro One Touch Magnetic cases on your cards? Do you love them? Hate them? Leave a comment below!

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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