Glossary

Binary options

Binary options is a type of options with only 2 possible outcomes. You have two buttons (Call and Put) to place trades. Using them a trader can either win (if the prediction is correct) or lose.

Call Option

A trader will earn money if the price at expiry time is higher than the purchase price.

Put Option

A trader will earn if the price at expiry time is lower than the purchase price.

Payout

It is the amount of money you get from a profitable trade.

Investment amount

If you want to place a trade, you should choose an asset and investment amount. A min is $20 USD and a max is $500 USD.

In-the-money

It is the definition of profitable trades.

Out-of-the-money

It is used to define unprofitable trades.

Expiry time

It is the date and time when the trade expires.

Withdrawal

It is the process of transaction from the broker’s account to your bank account.