fx binary bets?

Robertral

Well-known member
446 4
If you feel the spreads are too wide and you really want to trade a binary (digital) then try and replicate the binary using vanillas and see if it is worth the risk
 
  • Like
Reactions: rsh01

mustafa

Junior member
27 0
Hi robertral!
thanx for your reply..
but what is vanilla..(apart from ice cream!!)..is it some kind of options?
have heard of it somewhere..but absolutely no clue..
 

Robertral

Well-known member
446 4
mustafa said:
Hi robertral!
thanx for your reply..
but what is vanilla..(apart from ice cream!!)..is it some kind of options?
have heard of it somewhere..but absolutely no clue..

"Vanilla" refers to options traded on an exchange..calls and puts

"Exotics" are traded Over The Counter (OTC) and are not exchange traded

hope this helps?
 

Omoh101

Active member
194 1
Hi robertral!
thanx for your reply..
but what is vanilla..(apart from ice cream!!)..is it some kind of options?
have heard of it somewhere..but absolutely no clue..

Hi Mustafa,

I trade 5 MINUTE UP/DOWN binaries with GFTUK but I won't recommend them anymore as they are now using manual execution. Which means you don't get filled as quickly as the automated execution and you mostly get filled at a worse price or not all.
I find Binaries useful so I am looking for a new broker that offers Binaries on a 5minutes UP/DOWN on FX
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock