New Forex Instruments at StartOptions
StartOptions, a provider of binary options, is widening its array of forex pairs for traders. This includes popular crosses as well as emerging markets’ currencies.
The new pairs are:
- EUR/GBP
- EUR/JPY
- NZD/USD
- USD/SGD
- USD/TRY
- USD/ZAR
- USD/RUB
In addition to these new forex instruments, they’re offering also new stocks such as BP and HSBC, that have also shown great volatility recently.
Further reading: In my initial article about binary options, I showed how they can be used as an alternative to the traditional stop loss.
Do you want to learn more on binary options? Head to BO Crunch for the latest binary options setups for forex, oil and gold.
Looks dodgy.
With a payout ratio of 60-70% on your bet you will need to guess correctly >70% of your trades just to break even.
Unless I am misunderstanding it.
I’m trading with StartOptions for two months already. I’ve found binary options extremely helpful in some day trading scenarios, the predefined risk/reward ratio can make wonders for hedging purposes.