Together with the evolution of forex trading, also binary options are evolving – StartOptions is now offering Barrier Options. These hourly options have a 300% return rate when the option expires “in the money” – if the barrier level has been reached at expiry.
This new product came after many traders on the platform requested more products – more options for binary options if you wish. These options are available for professional traders:
The latest 300% Barrier Options are now offered on Gold futures and soon will be available on a variety of stocks, commodities and currencies on the StartOptions.
For example, a trader spotting volatility on Gold futures can place a trade of a Call Barrier Option anytime during the hour at the current price of Gold, $1270, with a Barrier Price of $1272. If Gold futures expires at the end of the hour above $1272, the return is 300%. Put Barrier Options allow traders to trade barriers below the current price.
Barrier Options are available for professional traders trading $250, $500 or $1000 stakes on the StartOptions platform.
The 300% return rate is significantly higher than standard binary options that have a return rate of 67-75%. Different products suit different types of traders.
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