With 10trade, One Touch options are the way to make the most money possible with up to 500% return on your investment; however they are a little more challenging than the standard binary options trading.
The highest and most rewarding trades come from the One Touch trading option. This is a new type of investing option that takes a lot of the guess work out of regular options trading and simplifies your choices while paying huge rewards. It has grown increasingly popular amongst traders in the commodity and Forex markets.
This type of option is useful for traders who believe that the price of an underlying asset will exceed a certain level in the future but who are unsure about the sustainability of the higher price. This type of option allows the investor to set the position of the barrier, the time to expiration and the payout to be received once the barrier is broken. They are available for you to purchase on weekends, when markets are closed and offer outstanding payouts.
With One Touch, you have to reach the specific set price that was designated for the asset. Unlike the standard binary option, predicting price direction is not enough. In fact, the direction is already chosen for you within the option, as well as a target price.
You just have to decide if you believe that the prediction that the site offers will take place or not. For example, if the EUR/USD closes at 1.35130 on Friday then the 10trade platform will offer two options, one for a “call” meaning that the EUR/USD will rise and reach 1.38130 at least once in the following week, or “put” meaning that it will fall to 1.32130 at least once in the following week.
One Touch trades do not have to wait for the expiry time to settle - once the price of the underlying asset reaches or falls to the target price, that is - with the very first touch of the target price, you’ve earned your profit.
One Touch Options are purchasable on Saturday from 12:00 AM to Sunday 19:00 PM. The Options are traded from Monday 12:00 AM to Friday 17:10PM. The options will be sampled over a period of five days, Monday through Friday, once a day.
The promised payout will be transferred to the client's account on the option's expiration date (Friday 20:00 Pm), even if the terms of the options have been realized before the end of the period.
The option payout conditions may vary and are shown on the trading box under the "one touch" folder.
For more information, see Expiry rate rules.
For more insight on trading One Touch options please contact your account manager.