What is the Option Builder feature?
The Option Builder feature allows traders to customize their trades to fit their individual trading styles. It is a pretty new method that has become quite popular on binary options trading platforms. This feature is usually used by experienced traders who understand the market and would like more options in order to create their own trading strategy.
Once you’ve grasped the basics of binary options trading, the option builder feature allows you to customize your trades by letting you choose the exact expiry time and risk level, as well as choosing which asset you want to trade and how much you want to invest.
Essentially, you begin with the basic decisions you make with any trade: which asset, and how much you’d like to invest. For example, if you think that the price of Gold will rise in exactly one hour, then simply choose “Gold” from the drop down menu, and choose the expiry time, and select “call”. Easy as that!
With the Option Builder feature, trades are not limited to regular expiry times or risk levels. You can trade in whichever way is best for you. By controlling your own risk and your own trading schedule traders have the potential to earn the highest profits.
How to Execute an Option Builder Trade:
- Choose Assets (e.g. Gold)
- Select an expiry time (e.g. 1 Hour 15 minutes)
- Determine risk and return for win and loss (e.g. 80%, 0%)
- Input your investment amount (e.g. 1500$)
- Click Apply