What are Binary options? Binary option is a type of option in which the profit if you make the correct proposition of up or down price movement. The advantage is that you know for sure the exact size of you profit or loss when you enter the trade. Also you do not have to buy underlying asset itself.
What are available assets? Whichever asset you choose: currencies, shares, indexes, metals, commodities and etc.
What is the strike price of an option? It is the price where the security can be bought.
What is the expiration time? It is the time, after which the options contract is no longer valid.
What are CALL and Put Option? CALL option is purchased based on the proposition that underlying asset increases in price at the time of expiration. Alternatively Put options counts on the price decrease.
What is the initial deposit size? We suggest starting trading with the demo account on USD 1000 or with the real account with the min deposit of USD 9. We believe that it is the most adequate proposal for the beginners (as an opposite of some offers to start trading with USD 200-250). Of course the professionals may enlarge their account on any amount.
What is the lowest option price? The lowest option price is USD 9.
On what profit can I count? When trading the classic binary options or turbo options your profit is from 60 up to 85-90% of the option rate in case of the correct forecast. In the hottest trading hours you may count on profit up to 750%.
In case of the incorrect forecast you will lose only your option rate. You can secure your investments in order to lower losses. But in this case the percentage of you profit will be lower. The classical investment rule is applicable here: the lower risk gives lower profit.
Do I need any special knowledge to trade Binary Options? Knowledge is required at all times and in all places. The more you know about marketplace trading, especially in trading Binary Opting the better results you will achieve. But in this case the theoretical knowledge equals practical experience. To learn how to trade with benefit you have to trade.
In the meantime MetaTrader4 trading gives a chance to earn profit even to the beginners. If you never use the above platform before please give an up-close look at its functionality. The start with the test trades.
You will find some more recommendations in the next answer.
What can you advise regarding the trading strategy? All strategies are absolutely individual and very much depend on the personality and trading circumstances ( for example one is trading from time to time and the other is trading permanently). The common denominator of all successful strategy is the accurate analysis and careful forecast.
In case you have some Binary Options Trading experience but still have not developed you own strategy we recommend you to start with tracing the certain asset. For example you can select Apple or Starbucks stocks. Trace their "behavior", observe trends, make forecasts and trade. This approach will give you stable and significant benefit for a long time.
What is time period for withdrawal of funds? Withdrawal requests are processed within 3 working days.
Are there documents required for the withdrawal of funds? Supporting documents are required for the certain withdrawal methods and amounts. All information will be forwarded via e-mail.
What is the commission for the replenishment of the account? Larson&Holz does not charge any commission for the financial transactions, but the payment systems and aggregator may apply commission.