Start Options , a provider of binary options now offers 24 hours of trading, thus adjusting to the forex market. Binary options are an alternative to the traditional stop loss, and this development makes them more accessible to forex traders.
Forex binary options can be used instead of the traditional stop loss in order to defend a forex trade trade against loss. Binary options were initially developed for the stock markets, providing an option to hedge positions in popular stocks such as Google.
With the rising volume in forex, some currency pairs were also added to Start Options. This was one step forward towards forex, but the limited hours meant that not all traders could use it, especially in Asia.
With this development, forex traders all over the world can now use forex binary options. There are more developments on the way. I’ll update when this materializes.
Do you want to learn more on binary options? Head to BO Crunch for the latest binary options setups for forex, oil and gold.
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