What is a “60 Second Option”?
With these options, you are able to select the expiration time for yourself. The smallest period is 60 seconds. You can also decide on a 90,120,180 or 300 second option.
How to trade a “60 Second Option”?
First, select an underlying asset, the current price of which you will find on our platform.
1. Expiration time
With our “60 second” trades, you have the ability to open an option anytime that the market for the selected underlying asset is open. Unlike with other types of binary options, there are no fixed expiration times. Once you submit your order, your selected time will begin to run.
2. Amount of Investment
From a predefined list, you can select the amount that is right for you. For these short-term trades, investments from €1.00 to €750.00 are possible.
3. Call or Put
You must answer the question for yourself whether you think that the price for the selected underlying asset will be higher or lower at the expiration time than it is currently. With a Call Option, you expect the price to increase and with a Put Option, you expect the price to fall.
You have determined all of the factors and can now complete your “60 Second” Options trade order.
How is the outcome determined?
At your selected expiration time, it will be automatically checked if your prediction was correct. The actual price at the time of expiry will be taken and compared with the price of the asset when the option was opened.
A correct prediction leads to the reimbursement of your initial investment plus the agreed upon payout. An incorrect prediction leads to the loss of the initial investment. In the event that the opening and expiry prices are the same, your initial investment will be refunded.