Binary options doubling rate

The Double Up strategy is a relatively new idea offered by Binary Options brokers as an advanced trading feature on many platforms.

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It offers a useful addition to the successful binary options traders toolbox. You just need to understand how and when to implement it correctly.

Here we are illustrating this feature by using the Banc de Binary Trading Platform. It is worth noting that you might find some differences with the execution of this facility on your own brokers trading platform. A strong news flow has pushed the pair above the 1. We expect this move to build momentum and continue.

This offers a pop up box detailing the information of the newly proposed contact. As you can see from the image below we are given the current rate, the new investment needed and the potential payout. To accept the conditions we have to approve the contract before the offer times out.

As you can see the we have doubled the investment on the account and therefore double the potential for our reward. This is an important point to address. This means that you can effectively have one contract will and the another lose or both win and both lose when using this feature on your account. As with most of the advanced trading features on offer from binary options brokers , this trading feature can both extend your profit or extend your loss. It offers a great way of boosting profits.

However on the flip-side, you can also rack up big losses on your account. A sudden market spike could easily compound your loss and see the price of the asset end up on the wrong side of the barrier you have set. It is important to remember that while you can double your profit you can also double your loss. Any contract that ends out of the money will see you lose your initial wager and the duplicated stake as well.

Brokers Signals Strategies Resources Live Charts Economic Calendar Live Rates Market News Education Blog Search. Binary Options Double Up Strategy March 12, August 22, by Phil Moore. Most platforms will offer this facility around 5 to 10 minutes prior to the set expiry time.

When you click to double up, the investment amount that you originally placed on the contract is instantly doubled.

As a result both the potential profit and liability are doubled at this point. If you win then you have doubled your profit. If the contract ends out of the money then you lose twice the amount that you originally wagered on the contract. It is worth noting that not all brokers currently support this advanced trading feature. Example Here we are illustrating this feature by using the Banc de Binary Trading Platform.

Advantages and Disadvantages Of the Binary Options Double Up Strategy As with most of the advanced trading features on offer from binary options brokers , this trading feature can both extend your profit or extend your loss.

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Site Navigation Binary Options Brokers Binary Options Education Binary Options Signals Trading Resources Latest Articles Market News. About About Us Contact Us Affiliates. Site Disclaimer Privacy Policy Sitemap. Trading on the financial markets with Binary Options has significant risk.

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You could end up losing all of your deposited capital. Before trading you should thoroughly familiarize yourself with and accept the risks involved.

If you are unsure as to whether this form of trading meets with your objectives then please seek independent financial advice and refrain from acting on any information on this website.