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Alpari RU introduces a new type of binary option

Sep 09 2014
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Alpari, one of largest forex brokes worldwide, launches a new kind of binary option called Spread High / Low.

Just a few days after announcing that it is expanding its binary options section Alpari RU is adding a new type of BO. By all means the global broker, regulated in several different jurisdictions, is pursuing an aggressive market strategy regarding binary options trading.

The new type of trade is called Spread high/low and is essentially very similar to the classic up/down binary option. The only difference between these two is that in the spread option we must predict whether the price will be higher or lower than the offered spread upon expiry. In classic up/down options we need to predict whether the price will rise or fall.

Alpari states that “The main feature of this option is the payout, which is higher in comparison to High / Low and Quick Options, standing at 100%!” Payouts for other type of option vary from 70% to 85%. If you wonder why the payouts are so generous the reason is that BO trading is extremely risky. Each time your prediction is not right you lose the whole sum invested.

For the record, using the Alpari’s BO trading platform – OptionTrader – is in fact trading via Alpari’s subsidiary Binary Products Ltd which is an offshore company registered in the Saint Vincent and the Grenadines. In general, trading via an offshore forex broker is a very bad idea but here we talk for the giant Alpari which more or less decreases the risk.

An example of the new option as presented by Alpari is given below.
 
 
Click image to enlarge it.

 

TAGS: Alpari  binary option  spread low/high 

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