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EDUCATION

How to start

What are binary options and how to trade with them?

Binary options are one of the most profitable and transparent instruments of financial markets.

The very idea of trading with binary options is to forecast changes in the price of a particular asset (a currency pair or a commodity). You do not need to know the exact rate to earn profits, you just need to predict whether the price is going to rise or decline, i.e. whether the chart is going up or down.
While trading binary options, you could make a profit by simply defining whether USD will be cheaper or more expensive against RUB.

Trading terms

Every binary option trader knows in advance all the risks and the amount of profit he / she can receive. Profits and risks are fixed before trading! The profit can reach up to 80% of their initial investment!
Besides, binary options are simple and apprehensible. Trading on them does not require large investments. The minimum trade amount on the OLYMP TRADE platform is just 1$, and the minimum deposit amount is 10$ only.

How it works

Binary options are a simple and user friendly tool for beginners. All you need is to follow several easy steps:

  • Choose your asset

    Usually beginners start to trade on currency pairs. OLYMP TRADE offers EURUSD, USDJPY, GBPUSD, USDCHF, USDRUB, AUDUSD, EURRUB, USDCAD, as well as commodities: Brent Crude oil, gold and silver.

  • Choose your trading amount

    Your possible profit depends on your investment. So in case of successful forecast you get up to 80% of profit from your initial investment.

  • Choose your expiration time

  • Make a forecast:

    Decide on whether the price of an asset should go up or down.

  • Sell Out Trade

    Please follow the instruction to sell out your trade in the website version of Olymp Trade platform: you will see the percentage for trade cancellation in the "Trade" column (the cross sign to the right of the trade) of "My Trades" section. If you decide to sell out your option before the expiry, you should press the cross sign.

Trading binary options is much easier and more comfortable than trading with any other financial instruments.
None of the investment tools, as well as the bank deposit, will allow you to achieve such a large profit in a short period of time.
Working with binary options does not imply having profound knowledge of the market and the study of complex trading terminals. You do not need to download any additional software. Some basic knowledge of the market and the access to economic news will be enough for getting profit. Video tutorials

FAQ

General questions

Financial questions

Trading platform

Authorization

Glossary

Broker
An intermediary between large commercial organizations and retail traders on the financial markets. The OLYMP TRADE Company provides its traders with an access to the binary options market.
Binary option
The most simple and the most transparent financial instrument. If the option fulfills the specified conditions within a specified time, it brings a fixed amount of income or does not bring anything.
Point (pips)
The minimum variation value of the currency pair exchange rate. All currency pairs are quoted up to the fourth or fifth decimal point. The exceptions are USDJPY and USDRUB, which are quoted up to third decimal point.
Basic asset
An asset, which you bid to change the price. These assets can be currency pairs or commodities (oil, gold). Beginners usually prefer to start with currency pairs.
Market price
The latest announced price of an asset for the moment.
Price decline or put option
A trader should open a price decline trade, if he or she considers the price to go down. This type of trade is called Put Option. In case you are sure in price decline, then click on the "DOWN" button.
Trade time
The trade expiration time period. If you bought a call-option, then after expiry the asset price should be higher, if you bought a put-option, then the price should be lower.
Option Expiration Rate
The price rate for the selected asset at the time of binary option expiry. This is the result that has to be predicted by a trader. While trading on binary options, the exact price rate is not important, the trader should predict whether it appeared to be higher or lower than the asset price at the time of trade opening.
Profit
This is your profit from a trade. You can see your potential profit and the way it changes in respect to the price rate even before the actual trade is opened. The binary options trading profit is 80%. Thanks to the options, you always know how much you can earn.
Market entry threshold
The minimum required sum on the account that allows a trader to start trading on the market. The minimum balance on OLYMPTRADE is just 10$ / 10€.
Trading hours
The time when one can buy and sell an asset.
Hedging
Insurance. OLYMP TRADE helps you to protect yourself from financial losses by trade cancellation option.
Stock option
Binary option, which is based on shares or securities of the most famous and influential companies.
Volatility
Financial indicator that measures the asset price variability. The higher the volatility, the more rapidly the price of a particular asset changes. That indicates a high interest in the asset. With a low volatility the price remains the same for a long period of time or it may change slightly.
Trader
A person that opens trades on the market aiming to get a profit. Anyone can become a trader, all you need is to open at least one trade.
Option
One of derivative financial instruments, i.e. the contract for particular condition fulfillment,
but not for the actual asset purchase.
Currency option
The binary option, which is based on the currency pair. While trading on this instrument, you should forecast the price changing of one currency against the another.
Initial price or Strike price
The price of the chosen asset at the trade opening time (purchase of an option), as it may either increase or decrease during the specified trade time.
Price rise or Call Option
A trader should open a price rise trade, if he or she considers the price to go up. This type of trade is called Call Option. In case you are sure in price increase, then click on the "UP" button.
Trade amount
The amount, which influences the profit amount. In fact, it is the trade price, which can be controlled by a trader. In the case of the correct forecast the trader receives 80% of the trade amount.
The minimum trade amount on OLYMP TRADE is 30 RUB / 1$ / 1 €.
Expiration or Option execution
The trade close, i.e. the time of termination of an option after a previously specified time period.
Trade cancellation
This feature gives you a hedging instrument to protect yourself from negative trade result. If you notice that after the trade opening the chart starts moving in the wrong direction, you can easily cancel the trade and avoid large losses.
Deposit
The balance of your trading account, i.e. the amount of funds on your account when you start trading.
Trend
The sustainable price movement on the market for a long period of time. It means steady and noticeable price rising or declining, without taking into consideration slight fluctuations.
Diversification
The risk reduction method while trading options, which involves the purchase of various assets, not interconnected with each other. "Thus you may lose one trade, you can win another one".
Commodity option
Binary option on commodity as a basic asset. Usually it may be oil, precious metal or a food industry product.
Index option
Binary option, which is based on stock indices, such as Dow Jones, RTS, S & P 500, DAX and others.
Trade sessions
The working time of the largest world stock exchanges, grouped by economic regions. There are 4 main trade sessions: Asian, European, Australian, and American.

Assets

Currency pair

EUR/USD

Value of the euro
against the US dollar

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The EUR/USD chart indicates the current value of 1 euro against the US dollar in financial markets.

EURUSD is one of the most active currency pairs in forex market; its main feature is high volatility, i.e. frequent change of rate, which allows active traders to earn profits. For this reason, EUR/USD is of great interest for both beginners and professionals.

USD/JPY

Value of the US dollar
against the Japanese yen

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The USD/JPY chart indicates the current value of 1 US dollar against the Japanese yen in financial markets.

Before 06:00 UTC, the USDJPY currency pair is highly sensitive to any political or economical event happening in Japan; starting from 12:00 UTC, it is influenced by the US important news. In order to forecast the exact moment of drastic movement, you should follow the updates in the Olymp Trade economic calendar.

GBP/USD

Value of the pound sterling
against the US dollar

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The GBP/USD chart indicates the current value of 1 pound sterling against the US dollar in financial markets.

While trading GBP/USD, you should pay attention to Great Britain news with 3 «bull heads» in the economic calendar. The most active time for trading starts at 07:00 UTC, when the London Stock Exchange opens. The most drastic fluctuations are from 09:00 to 10:00 UTC, when the main data on Great Britain statistics is released.

USD/CHF

Value of the US dollar
against the Swiss franc

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The USD/CHF chart indicates the current value of 1 franc against the US dollar in financial markets.

When you decide trading USD/CHF, you should pay attention to the main economic news of the USA and Switzerland, including Federal funds rate, Nonfarm Payrolls, Jobless claims, CPI and quarterly GDP reports.

USD/RUB

Value of the US dollar
against the Russian ruble

Trading hours:
Monday — Friday
07:00 — 18:00 UTC

The USD/RUB chart indicates the current value of 1 ruble against the US dollar in financial markets.

USD/RUB trading starts at 07:00 UTC, when the Moscow Stock Exchange opens, and finished at 18:00 UTC. While opening trades, you should pay attention to the Russian, American and European news in the oil industry.

AUD/USD

Value of the Australian dollar
against the US dollar

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The AUD/USD chart indicates the current value of 1 US dollar against the Australian dollar in financial markets.

AUD/USD is highly influenced by industrial metal prices in the USA and weather conditions in Australia. In case of droughts, strong winds, floods and metal price slump, the pair rate usually declines.

EUR/RUB

Value of the euro
against the Russian ruble

Trading hours:
Monday — Friday
07:00 — 18:00 UTC

The EUR/RUB chart indicates the current value of 1 ruble against the euro in financial markets.

The active trading starts from 07:00 UTC, when the Russian and European stock exchanges open. When you forecast the price movement, you should pay attention to commodity prices and budget deficit in the Russian Federation, as well as the euro trend on international financial market.

USD/CAD

Value of the US dollar
against the Canadian dollar

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The USD/CAD chart indicates the current value of 1 Canadian dollar against the US dollar in financial markets.

The drastic movements starts after 12:00 UTC, when the American Stock Exchange opens. Apart from the US macro economy, the rate is highly influenced by the oil prices and world reserves data. If the oil price declines, the Canadian dollar follows it, so the USD/CAD chart is going UP.

EUR/CHF

Value of the euro
against the Swiss franc

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The EUR/CHF chart indicates the current value of 1 euro against the Swiss franc in financial markets.

The pair is the cross-course of EUR/USD and USD/CHF. Though the US dollar doesn't present in the cross-course, it is highly influenced by important economic news of the USA. You should pay careful attention to the Federal funds rate, GDP change, Nonfarm Payrolls and Jobless claims, etc. It should be noted that, the euro and the franc may differently respond to these figures. Thus, EUR/CHF is the indicator of changes in two currencies' rate.

EUR/JPY

Value of the euro
against the Japanese yen

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The EUR/JPY chart indicates the current value of 1 Japanese yen against the euro in financial markets.

The currency pair EUR/JPY is a cross-rate which consists of EURUSD/ USDCHF ratio. Though the US dollar doesn't present in the cross-course, it is highly influenced by important economic news of the USA. Particular attention should be paid to Federal Funds rate, GDP, Unemployment rate, Initial jobs claims, etc. The EUR/JPY chart will actively respond to the news from Europe and Japan.

Bitcoin

Value of 1 bitcoin
in the US dollars

Trading hours:
Monday — Saturday
21:00 — 20:59 UTC
Sunday
21:00 — 19:59 UTC

Bitcoin is the oldest and the most liquid cryptocurrency, available 24/7. The market capitalization of Bitcoin is more than $9 billion (the price of all issued bitcoins). The price is not regulated and depends on the demand and supply only. So, the drastic slump and increase are both possible.

Olymp Trade receives the Bitcoin quotes directly from GDAX exchange market. It is the average data of 20 best bid and ask prices of market depth. That is why, Bitcoin reacts on slightest changes in market conditions, though the chart stays within the best bid/ask prices, and is secured from the non-market activities of GDAX participants. The quote has three digits after comma for more precise forecasts.

Commodities

Gold (XAU/USD)

Value of troy ounce
in the US dollars

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The chart indicates the current gold price per 1 troy ounce in the US dollars.

You should keep in mind that major disasters, wars, terrorist attacks, or floods causes the gold price rise. Moreover, the US main news, including Federal Funds rate, Unemployment level or GDP, slightly influence the quotes. Before opening a trade, you should pay attention to the reports of gold mining companies, the US gold reserve and the AUD/USD rate. Australia is the leader of gold mining, so the connection between these two assets is significant.

Silver (XAG/USD)

Value of troy ounce
in the US dollars

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The chart indicates the current silver price per 1 troy ounce in the US dollars.

The silver price is influenced by the big consumer countries: the USA, Great Britain, Australia and Japan. GDP and inflation growth has an impact on the quotes rising.

BRENT

Value of 1 barrel
in the US dollars

Trading hours:
Monday — Friday
21:00 — 20:59 UTC

The chart indicates the current Brent Crude oil price per 1 barrel in the US dollars.

Brent is the benchmark oil grade produced in the North Sea. The most active period begins at 12:00 UTC, when the American session starts, and continues until 22:00 UTC. The chart moves drastically, when the US statistics is released (at 12:30 UTC). By the way, if the Brent price increases, the USDRUB and USDCAD chart usually decline.

Stocks

AAPL (Apple Inc)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

The leader in consumer electronics production and the first in the world in terms of capitalization. The company's activities include the development, production and sales of computer products: desktops, laptops, tablet devices, smartphones, music players, phones and software for Apple devices. When opening trades, it is necessary to monitor corporate news and the global conditions in the industry. The rankings published by the major agencies, such as Standard & Poor's, have a great influence on the fluctuation of Apple stock price.

BA (Boeing Co)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

The Aircraft Corporation, one of the leading manufacturers of aircraft, space, and defense technology. Production facilities are located in California, Washington, and Missouri, as well as in 67 countries around the world. The rankings published by the major agencies have a great influence on Boeing shares, as the securities are included in the calculation of S&P 500 and Dow Jones Industrial Average indices.

FB (Facebook Inc)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

The American Internet company that manages the world's largest social network — Facebook. It also engages in promotional activities, software development, web applications, and media products. It has ownership of Face.com (facial recognition technology), and Instagram. The net profit of the company is constantly growing, and is about $ 700 million per quarter (about + $ 0.54 per share).

GOOGL (Google Inc)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

The American Internet company manages the world's largest search engine and engages in promotional activities, e-mail support and social services. It also develops browsers, multimedia applications and network access technologies. The company owns the Google search engine, email resource Gmail, YouTube, Blogger, and Orkut, the social project Google+, and Google Buzz. The Google Company is the developer, and the owner of Google Chrome, Picasa, Hangouts, Android operating system, Google Chrome OS and many other products.

IBM (IBM Corp)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

The International high-tech corporation, one of the largest developers and producers of software, IT services and consulting. It is engaged in the operating systems development, database management and the production of computer equipment. The agencies' ranking (such as Standard & Poor's) has a great influence on the shares price fluctuation; the IBM securities also influences S&P 500 and Dow Jones Industrial Average.

TSLA (Tesla Motors Inc)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

The American manufacturer of high quality electric vehicles. The company is actively supported by the US president, as he considers it to be innovative and eco-friendly. The price rise is also influenced by the development of Tesla Motors charging stations, which contributes to the popularity of the branded cars. The more they sell, the higher the value of company's securities. The corporate quarterly reports have a significant impact on the price movement, so you should track them closely.

KO (The Coca-Cola Co)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

One of the largest US corporations in food industry. The company's activities include the production of concentrates, syrups for food industry and ready-made soft drinks (soft drinks, mineral water, juices, bottled water). The Coca-Cola shares also influences such base indices, as DJIA and S&P 500. The rankings published by the major agencies make a great influence on the shares price fluctuation.

MSFT (Microsoft Corp)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

One of the largest companies producing software for computers, game consoles, PDAs and mobile phones. Microsoft is the developer of the world's most popular Windows operating system, the Xbox video game consoles, accessories and its own tablet computer — Surface. The stock price is often in the range of $ 20–30, which is perfect for long-term trading (1-hour trades or longer). Any changes are determined by the overall situation in the market.

MCD (McDonald's Corp)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

The world's largest fast-food chain. In the past few years it has been actively developing its project: McCafé. The network restaurants offer beer in most countries. Almost 100% of McDonald's shares are in free float. The rating of the company puts a great influence on the prices fluctuation; it is also influenced by S&P 500 and Dow Jones Industrial Average.

V (Visa Inc)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

One of the leading multinational companies to conduct payments. The turnover of Visa cards is almost $ 5 trillion per year, and the cards are accepted for payment in retail outlets in more than 200 countries. Since 2013, its shares influences S&P 500 and Dow Jones value, so the quotations level has a decisive impact on the stock.

SBUX (Starbucks Corp)

Value of 1 share
in the US dollars

Trading hours:
Monday — Friday
13:30 — 19:55 UTC

The world's largest chain of coffee shops and retail coffee outlets. In addition to the restaurant business, with the help of the Department of Starbucks Entertainment and Hear Music, the brand company distributes books, music, and video collections. Most of these products are seasonal, or developed for a particular region. Branded ice cream and Starbucks packaged coffee are also sold in grocery supermarkets around the world. Before opening a trade, you should pay attention to the company's news (report publication), as well as to the situation in the markets of coffee, milk and sugar: the more expensive the products listed, the lower the net profit of Starbucks, and the lower the price chart.

Indices

FDAX (DAX)

Value of 1 contract
in the euros

Trading hours:
Monday — Friday
06:05 — 19:55 UTC

The main stock index in Germany, which is regulated by the national stock exchange Deutsche Börse. This is one of the most active indices, that is why it is popular among traders, who prefer dynamic trend trading. That is why, the trade time on the asset mainly starts from 10 minutes.

ES (S & P500)

Value of 1 contact
in the US dollars

Trading hours:
Monday
22:05 — 20:15 UTC
20:30 — 21:00 UTC
Tuesday — Thursday
22:00 — 20:15 UTC
20:30 — 21:00 UTC
Friday
22:00 — 20:15 UTC
20:30 — 20:59 UTC

The index includes the cost of 500 different stocks, and therefore is considered as a leading indicator of the US stock market and the entire US economy. S&P 500 quotes strongly correlates with the dollar's exchange rate and affects the cost of most shares, which are traded on the Olymp Trade platform.

NQ (NASDAQ 100)

Value of 1 contract
in the US dollars

Trading hours:
Monday
22:05 — 20:15 UTC
20:30 — 21:00 UTC
Tuesday — Thursday
22:00 — 20:15 UTC
20:30 — 21:00 UTC
Friday
22:00 — 20:15 UTC
20:30 — 20:59 UTC

The NASDAQ quotes are influenced by the value of each company — participant of the NASDAQ stock exchange, included into the index. Its growth is highly stimulated by the news of American high-tech sector.

YM (Dow Jones)

Value of 1 contact
in the US dollars

Trading hours:
Monday
22:05 — 20:15 UTC
20:30 — 21:00 UTC
Tuesday — Thursday
22:00 — 20:15 UTC
20:30 — 21:00 UTC
Friday
22:00 — 20:15 UTC
20:30 — 20:59 UTC

The most popular American index. It calculates the shares of 30 largest companies, including Coca-Cola, IBM, McDonald's, Microsoft, Boeing, etc. Thus, the shares prices have an impact on the index quotes, and vice versa. The YM price increase indicates an increase in the securities of it’s member companies.

Webinars

Free webinars

eBook

Trading platform Handbook

We would like to draw attention of our traders to the free E-book
that explains how to use our platform.
This book will guide you through the process of funds depositing,
trade opening and profit withdrawal.

+ You will get the free handbook that allows you to trade more efficiently.
+ You are able to download the handbook as many times as you wish on all your devices
so you may have it at your disposal all the time
+ The handbook is available even for demo account userst!
This way you can develop practical trading and get familiar with the platform.

Reach success with OLYMP TRADE!

Reach the top of financial market with  olymp trade

Binary options trading involves substantial risk and may lead to partial or complete loss of all your funds on the account.

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