Advantages of Nikkei 225 Binary Options
Compare IG Securities' Nikkei 225 binary options with domestic competitors' binary options using FX as the underlying asset,
The market open/close and the option start/end times coincide
FX markets move 24 hours. However, the option settings are cut every two hours at each company's convenience. There is no logical basis for setting these time windows.
On the other hand, IG Securities' Nikkei 225 binary options start at 9:00 AM (to be precise, 9:03 AM) and end at 3:00 PM. Since the trading hours align with the option trading hours, it is easy to identify the time frame in which to strike.
Also, it is good that you do not carry positions over to the next day. When 3:00 PM comes, you are freed from the market, making it mentally easier and preventing you from staying hooked on the market. I think it is an investment that can be continued for a long time. In FX binaries, options are renewed every two hours without a break, offering many trading opportunities, but you often cannot take a cooling-off period after a loss. By contrast, Nikkei 225 binaries offer only one opportunity per day, so you can always take a rest.
A large number of options are available
Domestic competitors' FX binaries typically offer about 5 to 7 ladder levels centered on the start time, but if the market moves decisively soon after the start time, there may be no options left to buy.
By contrast, IG Securities' Nikkei 225 binary offers about 40 options at 10-yen intervals for ladder options, and about 20 options for one-touch and range options, so you will not run out of options to buy during the trading period (there are cases when the market moves significantly and options are added during the trading period).
No purchase restrictions
Other firms impose various limits on number of trades or lots, but IG Securities has no purchase limit (though very large lots may be rejected).
No need to choose currency pairs
In FX binaries, there is a challenge of choosing a currency pair, but here there is only Nikkei 225, so there is no need to hesitate. You only need to decide which option to use, so you can focus on the market.
These are the advantages.
In addition, as a unique benefit of binary options, the profit and loss amount is not influenced by the market's price range. In regular spread-taking trading, if the market stagnates, there is nothing you can do, but with binary options, you can profit equally whether the Nikkei Stock Average moves by 1,000 yen or 50 yen in a day. There exists an option that can always win, so you just need to find it.
Once you master the tips, trading becomes easy
There are many profit opportunities and high capital efficiency
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Foundations (1) What are binary options
Foundations (2) How option prices are determined
Foundations (3) Binary options terminology explained — IG Securities-specific terms — and how to read trading results
Foundations (4) There are three trading styles
How to open a demo account