Personalized binary options

The trading with binary options has become more complex than it was in a beginning when it appeared on the market. Now, the traders it relies on with more options, not only as for the variety of underlying assets (currencies, actions, indexes and raw material) but with regard to the types of binary options that it can produce the trader. A method that has evolved between the brokers of binary options is one who allows to the trader to construct its own operations of binary options.
 
This relatively new method has become extremely popular between the traders that operate regularly with this financial product. In this article we are going to speak about this trading approach with binary options and are going to tell how it works, of that it consists and which brokers offer the service.
Generalities of the operative one with personalized binary options
In all the trading platforms, the trader can choose one between numerous options of financial assets (underlying instruments), periods of expiration of the binary options, prices and finally between options Call or Putt. Depending on the broker, the platform can have many options or few ones. Be as it is, the trader is limited to what offers him the interface of the application.
 
Some traders affirm that this is too many limitante since they prefer more flexibility at the time of operating with binary options. For this reason, the possibility of operating with personalized binary options has become extremely popular since essentially, the trader can operate with its own options strategy.
 
In this case, across the trading platform, the operator is provided with several variables or options that allow him between other things to select the underlying instrument (like for example Forex, actions, raw material and indexes). Once it selects the underlying instrument, he can choose the period of expiration of the option, the level of risk of the operation and the yield or profit in case the option expires In The Money. In most cases, this function can only be applied by options of type Above/Below, but some brokers also allow to operate with personalized options of Status and One Touch.
 
Once the trader determines all the parameters of the option, it establishes the total that he wants to invest and if he wants that the option is a Call or Putt. The broker puts price to the offer before the trader initiates the operation, with which it offers to him the entire cost of this one. The rest of the operation passes in a usual way.
 
Once the trader determines all the parameters of the option, it establishes the total that he wants to invest and if he wants that the option is a Call or Putt. The broker puts price to the offer before the trader initiates the operation, with which it offers to him the entire cost of this one. The rest of the operation passes in a usual way.
 

Why to operate with personalized options?

 When the traders of binary options choose to operate with options that are provided with a personalized design, for what they look is to obtain a major control about the product with which they are operating. For nature, the binary options are limited in this aspect. After everything, the term literally means that two options are had only. But, many categories exist inside the binary options and many ways of opening a position.
 
Choosing a platform of binary options that allows to operate with options across a personalized process means that the trader can create its own strategies to operate with options under their own terms.
 

Brokers that offer personalized binary options

At present not all the brokers of binary options allow to operate with personalized options. In some cases nevertheless, its trading platforms incorporate a function called "Option Builder" across which the trader can modify aspects as the underlying assets, the yield in case the option expires "In The Money", the period of expiration and the level of risk of the contract. This application counts with one interface quite intuitive still for users with little experience in options.
 
To produce with personalized binary options signifca that the trader must have knowledge on the essentials of this financial product, including an understanding about the different types of trading. Nevertheless, it offers the advantage of a major flexibility and freedom that the traditional binary options do not offer to the investor.
 
The following one is a list of brokers of binary options that offer this service:
  • Cherry Trade Comparison