No we do not have an early closure option.

Click on the Double Up option (X2) to place the trade.  Everything relating to the trade will remain the same as with the previous trade with the exception of the entry rate.  The rate shown will be different as it will be the relevant rate for the time you opened the double up option.

Traders choice reflects the trading choices of BDB traders over the past 24 hours.

 

Call is the direction of the rate going up and Put is the direction of the rate going down

There are different techniques that traders can use to recognize market trends and determine whether an asset is moving up or down. Some monitor the charts and graphs, while others follow the latest news and events.

For more information on analyzing trends, take a look here.

To stay up-to-date with the market news, read BDB's Daily Market Review.

BDB offers a range of account services to meet the needs of different traders, from the basic bronze account ($250+)to our premium VIP accounts.

The most popular is the silver account ($2,500+).

All accounts give you full access to the tradable assets, webinars, and markets updates from the financial analysts.

The higher tier accounts offer increasing levels of 1-on-1 educational support, money management planning, and loyalty store gifts.

Compare the account types here.

Just as when you go abroad and exchange one currency for another, so when trading, currencies are always traded in pairs.

For example, the EUR/USD reveals the relative strength of the Euro against the US dollar, i.e. how many dollars you can buy with 1 euro.

The value of the pair will rise if the Eurozone economy is performing well and/or if the US economy is performing badly.

Check out our Education Center for more tips.

Rollover allows you to extend the expiration time for a fee of 30% of the initial investment:

x2 allows you to place the exact same trade for the strike price of the moment when the new trade is placed.

The sell tool allows the client to sell the opened trades early if the buyer (another trader or our liquidity providers) is found and the Sell early tool is available.

You will be offered a price and will have 3 seconds to either accept or decline the offer.

(Please note that this is a risk management feature, as the client will not be able to sell their options early for a profit, rather only to retain some of their initial investment).

For information about auto-trader please contact our customer support via Live Chat or at [email protected] in regards to the inquiry.

Your turnover is the combined amount of all the trades you have placed, based on the value you chose to invest on each trade, whether you win, lose or draw.

Please contact your personal account manager directly regarding trade positions.

Alternatively, you can contact customer support via Live Chat or [email protected] and we'll ask your account manager to call you.

 

A binary option, also known as a digital option or an all-or-nothing option, is a financial instrument where the trader has two positions to decide between: will the value of an asset go up or will it go down over a set period of time? Depending on whether the trader is correct or not, the payout is a predetermined price or nothing.

For example, if a trader assumes a position that the value of gold will increase in a given period of time, and is correct, he/she wins a fixed payout. If the value of gold drops however, the trader loses the entire amount of the investment. It does not matter if the asset exceeds the original price, the strike price, by $1 or $100: the payout is the same.

The expiry level is the level of the underlying asset at the time of expiry of the asset according to Reuters. This is the determining level with regards to whether the option has expired in-the-money or out-of-the-money. A different expiry level is determined for each underlying asset.

This refers to a commodity, index, stock, currency pair or any other financial asset that constitutes the basis for creating an option.

This is an option that provides the holder with a profit when the underlying asset increases in price compared to the level it was purchased at.

This is an option that provides the holder with a profit when the underlying asset decreases in price compared to the level it was purchased at.

The level is the quoted price for an option of a underlying asset. The level changes and is updated frequently according to different parameters that BDB proprietary algorithms take into account. The levels we present in the trading boxes are those at which BDB is willing to sell options, and are Reuters real time market levels.

In this event, the amount of the investment is returned to the customer.

The options available in BDB are binary options. They are different to standard (vanilla) option chains that are offered by stock exchanges. The latter typically have longer expiry dates and significantly fluctuating yields. Binary options have a fixed return and are offered for different expiry points from the end of a minute to the end of a month.

To invest, you must choose between “call” or “put” options for a given underlying asset.

After clicking on the call/put button, enter the amount of the investment and approve the execution. The selection may be canceled by clicking on “X” at any time before approval of the transaction. Please note that the level keeps updating in the investment sheet.

The minimum amount to purchase a single option is $1.

The site’s trading hours and expiry times are all given in GMT.

A successful investment will result in a guaranteed return indicated on the site for the underlying asset that you selected. BDB typically offers you a 70% – 91% payout when the option expires in-the-money.

In the event that the option expires out-of-the-money, the majority of your investment amount will be deducted automatically from your account.

The maximum amount to purchase a single option is $8,000.

A detailed list of all our available assets, their description, expiry times, symbol and trading hours is presented here.