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Olymp Trade has increased the expiration time of the options

The binary options broker Olymp Trade has increased the expiration time of the contracts up to 23 hours. The possibility to open trades for a long period significantly extends the traders’ horizons.

At the Olymp Trade platform there is an opportunity to buy options with the duration of more than 3 hours. The maximum expiration time - 23 hours - of an option depends on the trading instrument schedule. This functionality is available on all currency pairs, Gold, Silver and CryptoIndex.

It is easy to work with such trades on the Olymp Trade platform. It is possible to buy an option throughout all the trading time of an asset. In this case the closer to the end of the trade the option is bought, the shorter the expiration time will be. When opening a long-term trade, it is worth paying attention to the following: it should be closed no later than one hour before the end of the trading session of the selected tool.

Predictability and reduced risk when using technical analysis are one of the main advantages of long-term options for traders. Such contracts are suitable to you if you follow the economic news and assess their impact on the market trend

The opportunity to buy options with long periods of expiration allow one to qualitatively determine the closing time of a trade with the purpose to level the short-term price fluctuations of an asset connected with its volatility.

Moreover, the longer an option is, the less impact have the psychological factors on your actions.

One can train to open long-term trades on demo account at the Olymp Trade platform. For this purpose register for free on the broker’s site or download the Olymp Trade mobile app in AppStore or Google Play.

About the company: OLYMP TRADE is a platform for trading binary options in the financial market. The brand owner - the Smartex International LTD company, registered in the Seychelles. The company's activity is regulated by an independent international organisation - the Financial Commission. Deposits of traders are kept in the European bank. There is no commission for deposit and withdrawal of funds.

Olymp Trade Review

Wednesday, 01 Feb, 2017 / 10:30

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