Olymp Trade launches deferred binary options for the first time

Starting on June 19, the clients of Olymp Trade, the Best Binary Options Broker,* have a unique opportunity to close trades with a deferred opening time.

Traders won’t have to spend all day at the computer waiting for the right time: all parameters are set in advance, and the trade is launched automatically. This is a tremendous time saver for those who trade using a specific strategy.

Option trading terms

An order is valid for one trading session, but no longer than 23 hours. During this time, a trader can cancel a trade before it opens without losing his investment.

The functionality has two options:

I. “Preset price”

1. Determine the asset, expiration time, and trade amount.
2. Indicate the price at which the option is supposed to open.
3. Make a prediction UP or DOWN.
4. When the asset price rises/falls to that level or goes past it, the trade is activated.

Important note: If the chart passes the specified level, the option opens at the price that is effective at that time.

Example. An asset price is 1.0000. A trader wants to open a trade starting at 1.0001 and generates an order. But the next market price on the platform is 1.0002. The trade will therefore open at the actual level of 1.0002.

II. “Preset time”

1. Select the asset, expiration time, and trade amount.
2. Indicate the exact time GMT at which the trade is supposed to open.
3. Set a direction: UP or DOWN.
4. The trade opens at the exact time indicated by the trader.

A deferred binary option will not be fulfilled if:
· the preset parameters are not reached before 9:00 pm GMT of the following day;
· the preset expiration time is more than the time remaining until the close of the trading session;
· there is not enough money on the trading account;
· the trader already has 10 trades open when the level is reached.
Taking profit

If, when the trade closes (expires), the forecast is correct, the trading account will be
credited with the investment amount plus up to 90% profit. No other financial instrument
or bank deposit enables you to make income like this in such a short time!

If a trader selected the wrong direction, the trader only loses the amount he set for that trade himself.

Try out the new deferred binary options at olymptrade.com!

About the company: OLYMP TRADE is a platform for trading in the binary options financial market. The brand’s owner is Smartex International Ltd, registered in the Seychelles Islands. The company’s operations are regulated by the Financial Commission, an independent international organization. Traders’ deposits are kept at European banks. There are no fees for depositing and withdrawing money.

* 2016 KROUFR Awards.

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