Optionyard Binary Option Platform Review
Longer expirations give the stock more time to move and time for your investment thesis to play out.
Options Trading 101
What hours is it staffed? What about representatives who can answer questions about your account? Even before you apply for an account, reach out and ask some questions to see if the answers and response time are satisfactory. Options trading platforms come in all shapes and sizes. They can be web- or software-based, desktop or online only, have separate platforms for basic and advanced trading, offer full or partial mobile functionality, or some combination of the above.
Check to see if the fancy stuff costs extra. For example, most brokers provide free delayed quotes, lagging 20 minutes behind market data, but charge a fee for a real-time feed. Similarly, some pro-level tools may be available only to customers who meet monthly or quarterly trading activity or account balance minimums. But because commissions provide a convenient side-by-side comparison, they often are the first things people look at when picking an options broker.
Of course, the less you pay in fees the more profit you keep. Platform fees, data fees, inactivity fees and fill-in-the-blank fees can easily cancel out the savings you might get from going with a broker that charges a few bucks less for commissions. Discount brokers can charge rock-bottom prices because they provide only bare-bones platforms or tack on extra fees for data and tools. Introduction to Options Trading. How to Trade Options. NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence.
Some of the products we feature are from partners. We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. How to trade options What are put options? What are call options? Options terms and definitions. Best brokers for options trading Choosing an options broker Beginner options strategies Advanced options strategies.
Next How to Trade Options. Previous Introduction to Options Trading. Next 5 Tips for Choosing an Options Broker. Improve Your Trading Skills - Don't miss our new posts! Trading Forex, Binary Options - high level of risk. Please remember these are volatile instruments and there is a high risk of losing your initial investment on each individual transaction.
Review Comments 0 Company info: Name Optionyard Website optionyard. Add your review Cancel reply Your email address will not be published. Newest Forex EA, Systems. Optionyard is open for trading 24 hours a day, 7 days a week. Optionyard traders also enjoy personalized and professional service in their native language from dedicated account managers, who are available by phone, email or live chat.
A support team is available by phone or live chat Monday to Friday from The Optionyard website is supported in close to 20 different languages. The list of bonuses is impressive and the choice of different trading accounts makes it easy for traders on all levels to feel comfortable setting up an account.
Don't just trade with any broker, trade with the best! Check out our recommended brokers: Our recommended brokers for Top Online Binary Brokers. Read More Binary Brokers Reviews.