Binary Option Glossary
Nothing is more frustrating than an unsuccessful trade coming from misunderstanding a term or sentence.
In this Binary Options Glossary / Vocabulary we have put together a comprehensive list of these terms along with lesser known references that you might find useful.
Simply click on each of these and it will expand with a definition.
Examples of assets include: USD/GBP, EUR/USD, Gold, Silver, FTSE-100, Dow Jones, Google Inc, Apple Inc and many more.
The chart consists of four significant points: the high (1) and the low (2) prices which form the vertical bar; the opening (3) price, which is marked with a small horizontal line to the left of the bar; and the closing (4) price, which is marked with a small horizontal line to the right of the bar.
(left: bar chart / right: candle chart)
The general terms governing the bonus terms are for a trader to meet a minimum trading turnover requirement. This typically ranges from 20 to 50 times the bonus amount. The best way to illustrate this is with an example:
- The trader deposits $100 and claims a 50% bonus.
- This brings his total account equity to $150.
- The trader is required to meet a trading turnover of 30 times the bonus amount before they can request a withdrawal.
- The trader therefore needs to meet a trading turnover of 30 x $50 = $1500 in trading turnover.
- Assuming that the trader risks $15 for every trade they make, they need to trade 100 times in order to meet the $1500 turnover criteria
Stocks: Google Inc, Apple Inc
Commodities: Gold, Silver, Crude Oil
Indices: FTSE-100, Nasdaq
Currencies: USD, GBP, EUR