How to Trade Binary Option at Raceoption
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/images/raceoption/1676517996033/original/how-to-trade-binary-option-at-raceoption.jpg)
What is Binary Option?
Binary options are a simple and potentially very profitable way to make money from short term movements on the market. By correctly predicting whether the price of an asset will go up or down, you can get a significant income in a continuous way.How to Trade Binary Option?
To trade binary options, simply fund your account and login into the platform. You will see binary options trading by default.
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/photos/raceoption/how-to-trade-binary-option-at-raceoption-1676517996.png)
1. Choose asset for trading. Currencies, Commodities, Crypto
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/photos/raceoption/how-to-trade-binary-option-at-raceoption-1676517996-1.png)
2. Choose an Option Type and the Exact Expiration Time
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/photos/raceoption/how-to-trade-binary-option-at-raceoption-1676517996-2.png)
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/photos/raceoption/how-to-trade-binary-option-at-raceoption-1676517996-3.png)
Purchase Deadline is marked with an orange line on the chart
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/photos/raceoption/how-to-trade-binary-option-at-raceoption-1676517996-4.png)
or use "Fixed Time" button to set the full length option
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/photos/raceoption/how-to-trade-binary-option-at-raceoption-1676517996-5.png)
3. Choose a trade amount. Minimum trade amount is $1.
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/photos/raceoption/how-to-trade-binary-option-at-raceoption-1676517996-6.png)
4. Choose CALL or PUT options depending on your forecast. If you expect the price to go up, press "CALL" and if you think the price to go down, press "PUT"
![How to Trade Binary Option at Raceoption How to Trade Binary Option at Raceoption](https://raceoptionwiki.com/photos/raceoption/how-to-trade-binary-option-at-raceoption-1676517996-7.png)
5. The result of your trade will appear immediately after expiration of your position on your Balance
You can monitor the Progress of your Order under The Chart
Good Luck and enjoy your trading
What is Double Up?
You can double up your investment on chosen option. When you double up trade, you will get duplicate position - asset, direction, amount and expiry time will be the same, but open price will differ. New positions will be opened by current market price.What is Rollover?
You can move option expiry time on next period (to current expiry time will be added one period).Following conditions should be complied:
1. Opened position should be out of the money (not in profit).
2. Using rollover your investment amount will be increased on 30%. You need to have enough funds on balance.
3. Till option expiry time remaining 1/4 from chosen period.
Do I have to download any software for trading?
There is no need to download something before you can start trading with Raceoption. All you need to do is sign up and add funds into your account and you’ll be ready to start trading.Payouts for assets
You can find payouts for different trading assets in the trading platform, on the right left side.For example, you will see: EURUSD - 85%. That means if you will open trade with $100 investment, then in case of win you will receive $185 payout - $100 investment return and $85 of profit.
Copy trading - follow successful traders
Copy trading service designed for novices and people who want to trade automatically without manual trades.
To get started, you need to fund your account and on the trading platform press Copy trading, then choose trader to copy from.