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One Touch Option
The thing that in One touch Options is that the trader will receive the payout as soon as the predetermined price level is reached even if the price level is reached before the expiry time. Most traders anticipate standing a chance to win trades even before the expiry and many traders have found themselves "IN THE MONEY”.
A one-touch option is one of the best options that gives a business investor to pay once the price of the underlying asset reaches or surpasses a predetermined barrier. This type of option allows the business investor to set the best position of the barrier, the time of expiration and the payout to be received once the barrier is broken.
One-Touch options are a very different process than your other common varieties of binary options contracts. For one thing, they can only be traded during the weekends when global markets are closed.
Weekend Trading: One Touch Options is available for trading 24 hours a day, 7 days a week and 365 days a year, even when the financial markets are closed.
One Touch Options are not more similar to the rest of the provided other Binary Options of options, ...
... as they provide higher payouts in case an asset
It reaches a pre-defined price and tradable when all financial markets are closed during weekends, holidays, and after-hours.
If at any time from the initiation of the business trade until the expiration of the option, the underlying asset reaches or surpasses the target price, then the option will be “In-the-Money” and the payout amount is credited to the investor’s account.
One Touch Options trades do not have to wait for the expiry time to settle. Once the price of the underlying asset reaches or falls to the target price, that is, with the very first touch of the target price, you’ve earned your profit.
One Touch Options is a trading product in the Binary Options trading that can be traded even when the market is closed. This type of trade option is determined on whether the asset chosen will reach the predetermined goal rate at any point of time until the time of expiry.
It is entirely up to the trader how much he wishes to invest with each purchase of the binary option but the minimum and maximum he can put in with each option varies across brokerages.
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