Written by: Sophie May
The most recent and advanced platform to be introduced to the binary options world, the Binary META, has quickly become popular with all traders.
Advantages
The BinaryMETA was designed with the very aim of enhancing a trader’s experience and providing a more high-tech, professional platform. It features graphs of a higher quality than the standard platform and enables traders to look back in time and view the past asset movements. These sophisticated analytical tools make this the platform of choice for many brokers and experts, and are credited with the improved accuracy of traders’ real-time decisions. Additionally, traders can view their open options on the graph, and have the ability to double the mid or sell early in the middle of the trade.
How it works
The basic trading decisions on this platform are identical to the standard platform, in that you still choose the asset, expiry time, investment amount, and asset direction. What sets this platform apart are the additional features. The graphs offer an improved and more insightful experience for traders who wish to analyze the options closely. You are able to review the trading history of the asset by clicking the forwards or backwards buttons for ‘1 hour’ or ‘10 minutes’.
As with the standard platform, a successful trade typically sees returns of 70%-90% profit, while you lose most of the investment amount if the trade ends out-of-the-money. Additionally, the platform also empowers you to sell the option early at certain points so that you can minimize loses if you are concerned about losing the trade. Furthermore, by simply clicking the ‘x2’ button, you are able to double your investment amount in the middle of the trade if it is going well, and so double your profit should the trades finish in-the-money.