Alpari Russia, the Russian based arm of popular broker Alpari, which a major player in the online retail forex market in the Russian Federation had announced last week the launching of a new Binary Options platform in order to further expand and enhance its offering to its clients. Following this move, it has today also announced that it has made available a new instrument in the hands of binary options traders, in the shape of a new type of binary option to trade – namely the Spread High / Low. As is revealed by its name as well, this type of option trading comes with conditions and features which resemble those predominant on the classic Forex market.
This new and innovative way to trade binary options is a result of Alpari’s co-operation with Binary Products Limited and Alpari promises that traders can expect that more instruments, strategies and bonuses will become available through this partnership in the near future.
Traders wishing to use the new type of Spread High-Low Binary Options are called to predict if the price will be above (“Call”) or below (“Put”) the offered price level at time of expiry. The offered price level differs from the quoted market price only by the value of the spread, which is comparable to the spread on the traditional Forex market. As a result, and if the prediction is correct, then on expiry the return is 100% on the money invested, meaning that the payout is considerably higher than that of the traditional High / Low and Quick Options.
George Milios is the founder of onlineforextrading.net, the binary options and forex news portal which is dedicated to providing you with all the information you need to successfully trade.