Perhaps the most exciting part in trading binary options is your exposure to a huge selection of assets. Maybe you do not have an idea of what do these assets mean to you, but in the latter part you will definitely understand a bit about these globally recognized assets. We give our clients the platform to trade binary options on a variety of assets with long expiry hours. Get along with over 60 assets including stocks, Forex, commodities and indices to further enrich your trading experience. Top traded assets usually come from Forex or currency pairs. Meanwhile, Ikko Trader forex refers to binary options trading in currency pairs. Much simpler than traditional Forex market and offers a higher rate of returns on investments, trading Ikko Trader forex could be beneficial for both beginners and professional traders alike.
Ikko Trader forex opens you up to a rich selection of currency pairs including major currency pairs, emerging market currency pairs and currency crosses. Of course, all major pairs include the US Dollar, which is the most significant currency in the global markets. Other currency pairs included in Ikko Trader forex are Euro, British Pound, Australian Dollar, Canadian Dollar, Japanese Yen and Swiss Franc. Currencies from the emerging markets such as Egyptian Pound, Turkish Lira, South African Rand, Singapore Dollar, Russian Ruble and Brazilian Real are also featured in Ikko Trader forex list. A total of 13 currency pairs are available for trade.
What traders love most about trading Forex or currency pairs is that these major currency pairs have a high volatility in the market and often traded in a high volume. They became so popular in a sense that it involved the most traded currencies worldwide. Due to the high volume of trades, these pairs move rapidly which results in high volatility. Therefore, traders who opt for quick returns may end up trading with major currencies. For those who prefer lower risks but lower returns, you may opt for emerging currency pairs.
How to trade Ikko Trader forex
Like stocks, commodities and indices, trading Ikko Trader forex features the same trading process. However, you should look at your asset’s current market level. Keep in mind that each currency is unique and behaves differently when they are paired with one and another.
- You need to study as to whether it will expire above or below the current level within the expiry time. Deciding which direction the asset’s price will go will be based on your scrutiny.
- If you think it will expire above the current price, select the Call option. If you think it’s below the current price, select Put option.
- If your prediction is correct, your trade will be in-the-money and you will receive profits based on the predetermined payout. If your prediction turns out to be wrong, your trade will be out-of-the-money. However, in some cases, options that are out-of-the-money offer a 10% refund of your capital to minimize your loss. This is another great benefit when you trade with Ikko Trader. Also, we provide several market tools and daily market Ikko Trader reviews to help you study the financial market particularly the Forex market.