opteck ebook english

8/12/2019 Opteck eBook English

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Binary OptionsTRADER E-BOOK


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Table of contents:

A word from the CEO

E-book content

About Opteck

What are Binary Options?

Registration

Deposit Funds

Withdraw Funds

The Trading Procedure

Trading Instruments

High/Low

One Touch

Range High\Low

Open A Trade

Frequently Asked Questions (FAQ)

Glossary

What Does it takes to Become a Protable Trader

12 - 19

14 - 15

16 - 17

18 - 19

20 - 21

22 - 27

28 - 31

32 - 33

02

03

04 - 05

06 - 07

08

09

10

11


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2 3E-book contentA word from our CEO

As the CEO of Opteck.com, I would like to personally welcome you to the worlds most

highly advanced and fastest growing Binary Option Platform. At Opteck, we are proud

to offer our traders a secure and technologically advantageous platform in which to

trade Binary Options.As the global market has expanded into an intricate world of independent brokers,

we hope that you too, will discover the user-friendly and vastly protable nature of ourplatforms two-way Options. The EBook is designed to assist and further your trading

capabilities. With the EBook we offer you an introduction to the Binary Option Market

and an overview of our trading platform, in addition to descriptive analysis of how

our platform can be utilized to trade Currencies, Commodities, Stocks and Indices.Furthermore, through the expertise of our analysts, the EBook illustrates graphical

detailing of the multiple functions displayed on the Opteck Platform, plus a glossary to

clarify key terminology. We highly encourage you to use the glossary if you encounter

terms with which you are not yet familiar.

This Digital Options Arena offers investors a low risk, yet greatly sophisticatedenvironment to trade for the purpose of gaining lucrative returns in short periods of

time. We are condent that our clients will appreciate this highly protable platform.

We look forward to working with you closely. On behalf of the entire Opteck team, I

would like to thank you for choosing Opteck.com for your trading needs.

Our EBook will provide you with a basic view of the world of binary option trading andthe unique characteristics of Optecks user friendly platform.

Opteck advises traders to utilize the EBook when rst starting the platform, in order

to be aware of all of the information available and to acquaint themselves with how touse different tools for their advantage.

Both new and experienced traders are welcome to use Optecks knowledge centerfor advanced strategies, with the use of technical and fundamental analysis that arespecially modied for short term trading which suits binary option trading.

In the past decade we have witnessed acceleration in the accessibility for tradersfrom differing backgrounds all around the world.

The digital era allowed for easy access to the trading eld and as time goes by thevariety of tradable assets is increasing; supporting different individuals to express theirpersonal knowledge. In todays market you can nd traders that are equipped withdifferent backgrounds and typically express trading skills based on their knowledge. Forexample; a trader that lives in Canada will often prefer to invest in OIL and the USD/CAD (U.S. dollar vs. Canadian dollar) using the Forex market, whereas, a trader thatstudied biology will look to trade a biotech company by buying or selling (shorting) its

shares based on a personal perspective.The ability to participate in the market, take part in the global movement, upgrade

awareness of the worlds correlation, all while sitting in a chair at home, is the precisereason why many individuals every day, and everywhere want to express their personalview of the market by taking a stand with their own capital.

Best regards,

Ben Zenneti

CEO

A word from the CEO Dear Trader

International: +44(0)208.166.9886 Skype: ben.binary Email: [email protected]


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About OpteckAbout Opteck4 5

About Opteck:Over the years, Optecks team of professionals has extensively evaluated the needs of

todays traders and has thus dedicated themselves to put forth a technologically savvy,

yet user friendly software layout that will suit both, beginners and advanced traders,

one in the same. Whilst showcasing up to date market features that allow tradersthe opportunity to professionally trade in global nancial markets without any priortechnical knowledge.

With various locations across the globe, Opteck understands the importance of

accessibility. And with this understanding, Opteck offers its traders the opportunity to

utilize a platform, which is completely web-based. This eliminates the need to download

or install software onto your computer, giving you the advantage of trading from anycomputer in the world, regardless of location. Opteck is truly a global trading company.

Educational InfrastructureThe educational facilities available at Opteck, allow even the most inexperienced of

traders the ability to understand the market quickly and successfully. With the experienceand expertise of its professionals, Opteck has assembled an array of extensive tools and

educational material exclusively available to its traders. Additionally, Optecks personal

account managers provide one-on-one support and training to further develop and

enhance these learning materials.

Success with Binary OptionsIn order to trade Binary Options successfully, it is necessary to have a thorough

understanding of the relevant terminology. Despite the conceptual simplicity of trading

Binary Options, mistakes may occur and misinterpretation may lead to unprotable

outcomes. Comprehension of complex trading terminology matched with the

understanding of how they may be applied, is benecial to any trader, as a tool to executesuccessful trades quickly and effectively. As with all success in trading, increasing the

depth of knowledge is an important and central aspect to achieving your goals.

Opteck Client SupportAs a member of the global market, Opteck values and understands the great signicance

of professional service that should be provided, not as an obligation, rather as a rst

step in continuing and maintaining a long term relationship with its traders. Opteck

offers 24/7 client support accessible via phone, chat or email.

From the rst call, through to the education and account management, Opteck clientsupport is compelled to t the needs of its traders. Valued clients are the foundation ofOptecks success.

Platform Accessibility:Since traders can access the platform from around the world, all that is needed is

a computer and an Internet connection. Opteck is familiar with additional needsof accessibility, and have added an application that may be downloaded onto your

smartphone free of charge. The application name is Opteck Binary and allows access

to all trading services.

Transparency of the Asset Price:The asset value presented on the Opteck Platform is a direct live feed from Reuters,

which reects a true market value. Allowing traders the ability to analyze the BinaryOption Market with technical and fundamental tools from other markets for their benet.

*Fractal deviation may occur in an offered Option rate as an outcome of the average

calculation between the bid (buy price) and ask (sell price) of an Option.

Opteck presents a single Option rate for call and put, in order to avoid any additional

market fees.

*Binary options are is the new kid in the block of the nancial market, particularly online.More and more traders realize that binary options is a lot easier and protable that forex andother traditional trading methods.


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7What are Binary OptionsWhat are Binary Options6

What are Binary Options?A Binary Option is a prediction on how a certain asset value will alter in a given time

frame. In order to understand the simplistic beauty of trading Binary Options, let us

rst take a look at the mechanics of how to investment in other trading markets.

In the traditional form of investments, the investor essentially purchases theunderlying asset that they have interest in. If the investor sells at a time when the

asset has increased in value, they have made a prot, adversely, if they sell when theasset has decreased in value, they have clearly lost money.

This type of investment compels the investor to constantly worry about when to sell.

Binary Option trading is much simpler.

In Binary Options,you trade on the market, not in the market. Compared to the other

trading methods, you are not putting at risk the entirety of your capital, as you are not

buying the asset, only predicting its movement.

Trading Binary Options using our platform is easy, quick and reliable.

In its literal translation, the word binary is dened as having two parts. In BinaryOption trading there are only two directions for the investment. One possibility is that the

price of your asset will increase; if you do predict an increase, this type of investment is

termed a call. The other possibility is that the price of your chosen asset will decrease;

if you predict a decrease, this type of investment is termed a put. Thus, what you need

to decide as an investor is whether to call or put.

The rst decision to make, in Binary Option trading, is purely what to invest in.For instance, if you have an interest in Gold prices, you may choose to place a Binary

investment in Gold. Obviously, the more familiar you are with the Gold market, the

better your chances are of successfully predicting the uctuations in the price of Gold.

For the purpose of this example, we are going to presume that you are in fact interested

in the Gold market. You then predict that the price of Gold will increase between now

and the expiry time (trades vary between 1 minute up to 1 week.) Subsequently all you

need to predict in Binary Option trading is whether the price will increase or decrease, itis inconsequential by how much. The last decision that you will need to make is simplyhow much money to invest in this trade. You will receive a predetermined percentage

of prot, depending on the cost of the Option. You merely need to elect how much you

would like to invest or how much you are looking to prot. According to your prediction,

you can make up to a 100% prot. As a side-note, an additional perk of Binary Options

is thet the amount of investment is much lower in order for you to gain a noticable

prot, compared to what the required investment in other trading forums.

You have currently decided upon the asset in which to invest, the amount and its

direction. Lastly you wait for the expiry time, to determine whether the trade was

successful.

What are the Risks?Since there are only two possible outcomes for the prediction, basically you could either

be right or wrong; it is only natural that the amount of loss or gain should be set from

the beginning, which is in fact the case. This is yet another agreeable aspect of Binary

Options, what you stand to lose or gain is set forth from the beginning.

Now that you have an understanding of the basic principles of Binary Options, let Opteckhelp you get started. And as you can see, the process is simple, quick, and also very

exciting.

Best of luck.

*Yet another agreeable aspect of Binary Options, what you stand to lose or gain is set forthfrom the beginning


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8 9Deposit FundsRegistration

Registration: Deposit Funds:In order for you to start trading Binary Options, you will rst need to register onto our

website. It is necessary to complete all required elds with agreement to the terms and

conditions.

The process of adding funds to your account is quick and simple. You may process

the deposit via the platform or with the assistance of your account manager per your

request. To fund the account you will rst need to login to our platform, click the Deposit

button located on the right hand side or you may also use the Banking tab, where youchoose the Deposit button from the drop down menu.

Opening an Account

From any page on ourwebsite you will see anOpen an Account button atthe right top corner of thepage.

This will direct you to theregistration page

Registration page

complete all therequired elds*and press the Registerbutton.

Once the registrationprocess is complete,you will receive theconrmation e-mail.

*Opteck accepts a variety of payment methods: Visa, MasterCard, American Express, CashU,Bank Wire Transfer, Ewallet and Western Union.*

Clients must take full responsibility in ensuring that trading on Opteck is in compliance with thelaws and regulations in their country of residence.

Depositing Funds

To fund your account, login toour platform and:click the 1 "Banking tab" ->2 "Deposit button"you can also use the3 Depositbutton

Deposit Page

You will be directed to thedeposit page, where you willbe asked to enter in yourbilling information and chosenmethod of payment.

A client account balance mustbe sufcient to cover all opentrade positions at all times.


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10 11Trading ProcedureWithdrawal Process

Withdraw Funds: The Trading Procedure:Opteck.com offers fast and secure methods to execute your withdrawals.

We support wide range of currencies and a selection of withdrawal methods such as

Bank wires, Credit cards, Webmoney, cashU, Moneybookers, and Western Union.

A withdrawal will be processed within 24-48hours of the request.

After opening an account and making a deposit, you will then have the ability to open

a trade on our platform.

The Asset:First you decide on the asset, in which you would like to trade. With Opteck you cantrade different asset types, such as a stock, an index, a commodity or a currency pair

from the forex market (foreign exchange.)

With its accessibility and diversity of assets, the Binary Option Market is now considered

to be the largest market in the world.

Each individual trade will display the asset, the current market price, the payout

percentage and the expiry time.

The Investment:Next you decide the amount that you would like to invest for the particular trade. As

an Opteck trader, we will provide you with an article describing money management, inorder for you to be able to establish a considerable investment based on your accounts

liquidity.

The Direction:Lastly, you will decide upon the direction of the asset that you want to trade. We advise

for you to rst read one of our articles Choosing a trade before you begin. The toolspresented in this article will provide you with aspects needed for consideration when

choosing or predicting the direction of an asset.

If you predict the asset price will rise before the trade time has expired, you will

chose the call (green) Option or if you predict the asset is going to fall you will chosethe put (red) Option.

Once you have nalized these steps, the trading process is now essentially complete.

You can relax and await the expiration of the Option trade to conclude if your prediction

was correct.

*We support wide range of currencies and a selection of withdrawal methods such as Bank wires, Credit cards, Webmoney, cashU, Moneybookers and Western Union.

To Withdraw Funds:

To withdraw funds fromyour account click the1 "Banking"and choose2 "Withdraw"buttonfrom the drop downmenu.

Withdrawal page:

Here you will be askedto enter in the amountyou wish to withdrawfrom your account.As Simple as that


8/1812 13Trading InstrumentsTrading Instruments

Trading Instruments:Opteck offers a variety of instruments for trading Binary Options.

Each instrument has its own unique benets that you can use depending

on your preferences, in addition to diverse market formations.

High-LowIn High/Low you decide whether the market price will close higher or will closelower than the current price.

One TouchIn One Touch you decide whether the market price will reach a certain amount

(at least once) before the expiry time.

RangeIn the Range instrument, there is both an upper and a lower target price that

form a boundary range.

Expiry of an Option:In the Range instrument, there is both an upper and a lower target price that form a

boundary range.

In-The-Money (ITM)

The outcome of the trade was protable. For example, if the

Option was a Call, then the current price of the underlying

asset would be higher than the original price at the time the

Option had been purchased.

At-The-Money (ATM)

When the current price of the underlying asset is the same as

when the Option was purchased

Out-Of-The-Money (OTM) The outcome of the trade is not protable. For example, if the

Option was a Call, then the current price of the underlying

asset would be lower than the original price at the time the

Option had been purchased.

*Tradiotionally, high/low type is the well-known binary options type of trading, One Touch & Rangeare the type of trading that are considered to be riskier however the return on these positionsis usually higher and makes the trading process more intuitive and interesting.


9/1814 15Trading Instruments - High/LowTrading Instruments - High/Low

High/Low:In High/Low you decide whether the market price will close higher or

will close lower than the current price.

In a call Option (predicting uptrend) the price needs to stay

higher than the striking price at the end of the Options time frame.In a put Option (predicting downtrend) the price needs to stay lower

than the striking price at the end of the Options time frame.

High/Low- Expiry of an OptionIn-The-Money expiration:

HIGH (CALL) Options expire ITM when the market price is higher than the

target price at expiration.

LOW (PUT) Options expire ITM when the market price is lower than the


Out-Of-The-Money expiration:

HIGH (CALL) Options expire OTM when the market price is lower than the


LOW (PUT) Options expire OTM when the market price is higher than the


Options will expire At-The-Money if the Option expires at the same price as

the strike price.

Instrument type

Asset type

Asset Name

Asset Name

The white area shows until when thetrader can join the Option, investmore or close a current position

The currentmarket price

The expiry timeand closing time

The grey area indicateswhen the position isaction blocked

Vertical view of theprice range

An additionalsector to placea call or put

Call or putbuttons

Investmentamount bar



Horizontal view of thetime scale

Instrument\Asset Navagation

Click within the box toview the asset chart

The percentage of prot(percentage the trader will earnif the prediction is In-The-Money)

The percentage of return(percentage the trader will earn ifthe prediction is Out-Of-The-Money)

Asset Name

Choose a callOption (uptrend)

Choose a putOption (downtrend)

The strike price(current price byReuters)

The closing time

Asset Information

Asset chart Information


10/1816 17Trading Instruments - One TouchTrading Instruments - One Touch

In One Touch you decide whether the market price will reach a certain amount (at least

once) before the expiry time.

In a callOption the price needs to climb and reach the green line presented on

the chart (approximately 30 pips.) In a putOption the price needs to lower and to touch the red line presented on

the chart under the striking price (approximately 30 pips.)

Instrument type




Asset Name

Choose a callOption (uptrend)

Choose a putOption (downtrend)

The strike price(current price byReuters)

The closing time

Asset type

Asset Name

Asset Name





Call or putbuttons


The current

market price


Horizontal view ofthe time scale



One Touch:One Touch- Expiry of an OptionIn-The-Money expiration:

HIGH (CALL) Options expire ITM when the price climbs and touches

the upper green line before expiration.

LOW (PUT) Options expire ITM when the price crosses and touches

the lower red line before the expiration.


HIGH (CALL) Options expire OTM if during the time frame the pricedoes not touch the green line.

LOW (PUT) Options expire OTM if during the time frame the price

does not touch the red line.

Options will expire At-The-Money if the Option expires at the same price

as the strike price.

Asset Information


11/1818 19Trading Instruments - RangeTrading Instruments - Range

In the Range instrument, there is both an upper and a lower target price that form a

boundary range.

In a call Option (predicting uptrend in a limited range) the price needs to stay higher

than the striking price and lower than the upper line.In a put Option (predicting downtrend in a limited range) the price needs to stay

lower than the striking price and higher than the lower line.

Instrument type




Asset Name

Choose a put Option (area rangeis between the current pricedown to the lower grey line)

Choose a call Option (area

range is between the currentprice up to the upper grey line)

The strike price (current priceas presented on Reuters)

The closing time

Asset type

Asset NameAsset Name






Time remaining tojoin the position

Call or putbuttons


The current

market price


Horizontal view of thetime scale


Asset Information


Range High\Low:

An additionalsector to placea call or put

Range - Expiry of an OptionIn-The-Money expiration:

HIGH (CALL) Options expire ITM when the market price stays within the range

between the upper green line and the strike price throughout the trade.

LOW (PUT) Options expire ITM when the market price stays within the rangebetween the lower red line and the strike price throughout the trade.


HIGH (CALL) Options expire OTM when the market price exits the call range

sector during the trade.

LOW (PUT) Options expire OTM when the market price exits the put range sector

during the trade.

Options will expire At-The-Money if the Option expires at the same price as the

strike price.


12/1820 21How to Open A TradeHow to Open A Trade

The Opteck Platform offers two methods of opening a trade:

1 Through the trading box.

2 Directly from the chart.

Open Trade:Once the trade is open, the sector below the chart will reveal trade summaries, Recent

Trade Actions, for all current open positions.

Completed Trade:By denition, the Binary Option offers a predetermined time frame that will automaticallyclose the Option at the time of expiration.

Opteck traders have the choice to close a trade before the closing time(white sector

of the graph) whether the Option is In-The-Money or Out-Of-The-Money.

To access the possibility of closing a trade early, click the 1 blue arrow at the right

hand side of the Recent Trade Actions, which will then prompt the2

selling data for thistrade.

The manual closing of a trade before expiration follows with a partial return rate %,offered by

Optecks algorithm calculation. If you agree with the offered closing rate and choose to

proceed, simply click on the 3 blue sell button and the closure will be complete.

Open A Trade:

1 Trading box:

The trading box is located at the bottom of the trading page, under the asset chart. In order tobuy an Option, you simply select the direction (call or put) and the amount you want to investand then click the Invest Now button.

2 Trading directly from the chart:

While in the chart, click the green or red

arrows to open the trade, a trading box wil lthen appear on the chart, where you wil lcomplete the trading process.

*Opening a trade is as simple as 1-2-3: Choose your asset, make your choice (high/low) and setthe amount for that trade and click "Invest now". *

Trading binary options is the ultimate way to make hundreds of percentage in prots in just amatter of minutes from your home, ofce or no even on the go with our mobile trading platform.

2

1

3


13/1822 23FAQ - TradingFAQ - Trading

Trading

What are Binary Options?

A Binary Option differs from a regular Option in the fact that it can be described asall-or-nothing and is only required to expire above or below the strike price rather

than being sold at the given price. The payouts for Binary Options are expressed as

a percentage of the original investment and are pre-determined prior to entering the

trade. This xed value is paid if the Binary Option expires in-the-money or the initial

investment, less the protection rate, will be lost should the Option expire out-of-the-

money. The degree to which the traded Option ends up in or out-of-the-money isirrelevant to the value of the payout, which is pre-determined at a set value. Most in-

the-money Options payout a value of 65-100% of the initial investment.

What are underlying assets?This is the value of the stock, commodity or currency from which the value of theOption is derived. Due to the fact that there is no ownership of any asset when a

Binary Option is purchased, the cash value reects the live market price of the asset

on which it is based.

What are call Options?

A call Option is simply a Binary Option, which generates a prot if it expires above thestrike price at the time of purchase. This is similar to going long or buy on a trade,

although the Option can expire at any point above the strike price and this will result

in the payment of the pre-determined value of the Option. If the Option expires at

precisely the level of the strike price, then the initial investment is returned in full.

What are put Options?Conversely, put Options become protable if the Binary Option expires below the

strike price. The pre-determined payout is triggered if the Option expires at any point

below this strike price. If the Option expires at precisely the level of the strike price

then the initial investment is returned in full. These Options are similar to goingshort or sell in trading where the optimal outcome for the investor is for the price

to fall.

Frequently AskedQuestions (FAQ):

What is an investment amount?

The amount of money placed against the Binary Option trade. This amount is not

xed and can vary between traders; the investment amount determines the levelof pre-determined payout expressed as a percentage of the given amount. It also

determines the rate of return on an investment expiring out-of-the-money.

What is the time zone presented on the platform?

Optecks platform presents the time zone according to your location (computer IPaddress) and no additional changes need to take place.

When can I invest?

The market must be open, in order for Opteck to allow the assets to be available fortrading.

Depending on your time zone, assets are unavailable for trading during Saturdays and

Sundays, until the market will renew its weekly exchange. Assets that are attached

to a specic market, such as indices and stocks, will have to have a working related

stock exchange, in order for them to be tradable.

How to Invest?

Follow these 4 simple steps:

1. Choose an asset- this depends upon your personal perspective or the use of

different methods described in the EBook (correlation, fundamental analysis,

technical analysis)

2. Choose a direction call Option for an uptrend and put Option for a downtrend

3. 3. Decide the amount you would like to invest Opteck suggests for you to read

the money management explanation and to best follow the methods

4. Invest in an Option according to your presumption.

5. By clicking on the put or call button, the investment sheet will allow you toenter this information and approve the execution of the trade. The data on the

information sheet will update constantly to reect the changing price of underlying

assets. The selection can be cancelled at anytime by pressing the X button before

the transaction has been approved.


14/1824 25FAQ - TradingFAQ - Trading

How do you set the market price of an asset?

Opteck receives the asset value from Reuters. When compared to the NetDania

prices (that are considered to be the standard pricing tool by traders all around the

globe) it is then noticeable that the Opteck price has more precision, as it provides

an extra digit, which presents the price more accurately.

What return will I get if my Option ends In-The-Money?A successful investment will refund the traders account with its original investment

and a prot depending on the Options scale. The prot percentage is presented on

the Option and varies between 65%-100% depending on the instrument being used

and the cost of the Option.

I attempted to invest a certain amount for a single Option, but got an errormessage saying I exceeded the maximum investment amount. What do I do?

The maximum level of investment varies and is determined on a number of factors,

although there is no restriction on buying multiple Options. If the maximum level of

investment is reached on a single Option, this can be spread across several Optionspurchased cumulatively one after the other. This way the maximum investment can

be made on multiple Options until the level of desired investment is reached.

What are the levels displayed in the trading boxes?

The prices of underlying assets change often and this is reected in the quoted price,

the level. The levels are determined by the Opteck proprietary algorithms, therefore

the price of the Options displayed in the trading boxes reect the average priceOpteck calculates between the bid price and the ask price of the market. For this

reason, they are very similar and practically reect the real-time market price.

What are expiry levels?

This level is the price at which the Option ofcially expires according to Reuters. Itis the price that will establish whether the Binary Option has expired In-The-Money

or Out-Of-The-Money. Across the different underlying assets there will be different

expiry levels.

What are expiry times?This is the precise time and date when the Binary Option expires. This expiry time is

predetermined at the time of execution.

Can we change the expiry times or time frame?

No, the time frames are set before you enter the trade. Our trading increments varybetween 1 minute up to 1 week. And you can have as many as 20 trades open at one

time. This gives you a lot of exibility within the market.

What is the difference between the closing time and the expiry time?

The expiry time is when the Binary Option expires, and has ended its pre-determined

life cycle, whereas, the closing time is when you are no longer able to take action on

the trade, whether that be to enter the trade, or to sell out the trade.

How are purchasing Options in Opteck vs. buying put or call Options in thestock market different?

The difference between these two situations is that Opteck provides Binary Options,

whereas traditional stock Options are those purchased by stock exchanges. Binary

Options are popular with investors because they can offer shorter Option contracts

vs. traditional vanilla Options. Binary Options offer increased exibility and can

range from one hour to one month for each Option. The traditional exchange-tradedOptions are characterized as having longer expiry dates and determined by the degree

of price uctuation at the time of sale, they then do not have a predetermined payout

rate. They do benet from the ability to be sold at anytime, whereas Binary Options

can only be sold at the time of expiry.

What do the colors mean for the levels on the trading oor?

The colors reect the relative position of the price against last trading price. TheOpteck expiry level is either higher (green) than the last price or lower (red) than

the last price.

If an expiry level of an underlying asset is the same as the level at which atransaction was made, what happens?

If the price expires at precisely the level at which the Binary Option was executed

(At-The-Money,) then the investment will be returned in full to the investor.

Are these prots taxable?

Taxation will generally depend on the tax law governing the country of residence.

Opteck customers are therefore responsible for their own tax liabilities and Opteckhas no liability over payment of tax.

Why am I unable to invest?

If an account contains insufcient funds to invest in a Binary Option, it will be unable

to execute an investment. Opteck trading room operates within the market hours,thus outside of these hours (although you may be able to view the value of the asset)the platform will not be able to execute investments. If these are not the reasons for

your issue, please contact support at [email protected]

What is the minimum investment on an Option?

The minimum investment is 25$


15/1826 27FAQ - My Account - TechnicalFAQ - Trading

What is the maximum investment on an Option?

The maximum investment is 5000$ Banking (deposit or withdrawal)

What are my deposit Options?

Deposits can be made in multiple ways; all major credit cards, bank transfer, westernunion or ewallet may be used to fund the account. Details of deposit Options are

available on the Funding Process page.

What currencies are available for use in My Account?

All major currencies are supported. The selection of currency cannot be changed

after the account has been registered.

Is there a minimum withdrawal?

There is not a minimum withdrawal amount but in order to withdraw cash you will

need to have sent us your identication papers.

How may I withdraw prots?

Login to your account and go to the My Account tab, then click on the Withdraw

button and follow the instructions for withdrawal.

Must I deposit money to register?

Deposits nor nancial data are not necessary for registration.

What is the meaning of Reverse Withdrawal?

Reverse Withdrawal allows a withdrawal request to be reversed even if it has already

been entered into the system. This prevents situations where a withdrawal may

prevent investing activity due to insufcient funds. The reversal Option will allowfunds to be reaccredited to your Opteck account and these funds can then be utilized.

What is a Swift code?

A Swift code is an interbank transfer code which allows money to be exchanged. EachSwift code is a unique eight-digit code ending in XXX. Your bank will be able to inform

you of this number.

My Account

I forgot/lost my password. What do I do?

If you forget your password, the procedure to receive this is available on the homepage.Click on the forgot password button, enter your personal details and click send. You

will be emailed your password details to the email account used during registration.

If you forgot your username, we encourage you to contact Client Services.

Where may I see my transaction history?

All account activity may be accessed under the My Account tab.

Why can't I see a particular asset?

The assets that are displayed on the trading page by default are the assets that have

proven to be most in demand and active. Further assets can be found in the Optionsmenu, or in the Asset Index.

How may I change my personal details?

Personal details and information can be changed and updated under the My Account

tab, titled Personal Details. Alternatively, details can be changed by email or by

phone.

Technical

Do I need to download any software to use Opteck's trading platform?

No. All that is required to invest with Opteck is registration and an initial deposit.

How do I change the display language?

Languages can be changed by using the drop down menu at the top of Optecks

platform. The default language after login will be the one selected at registration. In

order to change this, please get in touch with Client Services.

*If you have any further questions you are always welcome to contact our fnancial expertsteam Or your peronal account manager.


16/1828 29GlossaryGlossary

Glossary60-Second Option

An Option for a period of 60 seconds.

American Option or Option

An Option that can be exercised at any time during its lifespan. These Options, unlike

European Options (i.e. binary or digital) do not need to wait until maturity to be

exercised.

Ask

The price at which an investor can buy an asset in the nancial markets. The asking

price is a part of the formula that is used to calculate the expiry level of an asset.

Asset/Underlying Asset

Underlying assets are used in derivative trading to describe an asset whose price

can be derived from a different asset. Derivatives are exchanged for cash andtherefore do not require an exchange of the physical asset. Underlying assets refer

to a contract based on the price of these assets but without requiring its exchange

or even ownership.

At-The-Money (ATM)

When the current price of the underlying asset is the same as when the Option was

purchased. (See In-The-Money, Out-Of-The-Money)

Binary/Digital Options

Options that will payout a xed amount, if the asset on which the Option is based

reaches the traders selected direction at the expiry time.

CallWhen a trader predicts that the price of an asset on expiry will be above the strike

price of the Option.

Put

When a trader predicts that a price of an asset on expiry will be below the strike priceof the Option.

Trading Hours

Each asset has its own trading hours and/or trading days; in addition to holidays.

Current Price

The current market price for an underlying asset. Once the Binary Option has been

purchased the price at which it was executed becomes the strike price. Current prices

are determined objectively by real-time data providers such as Reuters.

Entry Rate/Strike Price

The current market price for an underlying asset when an Option is executed

European Option

An Option that can only be exercised when it reaches the end of its life. Most BinaryOptions are European.

Expiry Rate

The price of the underlying asset when the Option expires. This price determines

whether the Option nishes At-The-Money, In-The-Money or Out-Of-The-Money.

Expiry Time

The time when the position will be closed and it becomes known whether the Binary

Option trade is successful or not. The expiry time is an important and decisive factor

in the outcome of the Binary Option. The choice of expiry time for a trader may vary.

It is important for a trader to understand the timeframe with which they are planningto trade. In Binary Options, the expiry time is a critical factor in the success of a trade.

Fundamental Analysis

A method of evaluating a security by utilizing economic, nancial and additionalfactors. The goal is to analyze all the factors that can affect a security, such as overall

economic conditions, industrial environment and company-specic factors.

Index/Indices

An index represents a basket of stocks. For more information about the indices traded

on the Opteck platform see Asset Index.


17/1830 31GlossaryGlossary

High/Low:

In High/Low you decide whether the market price will close higher or will close lower

than the current price.

-In a call Option (predicting uptrend) the price needs to stay

higher than the striking price at the end of the Options time frame.-In a put Option(predicting downtrend) the price needs to stay lower than the

striking price at the end of the Options time frame.

In-The-Money (ITM)

The outcome of the trade was protable. For example, if the Option was a Call, thenthe current price of the underlying asset would be higher than the original price at the

time the Option had been purchased. (See At-The-Money, Out-Of-The-Money)

One Touch:

In One Touch you decide whether the market price will reach a certain amount beforethe expiry time.

-In a call Optionthe price needs to climb and reach the green line presented on

the graph (approximately 30 pips.)

-In a put Optionthe price needs to lower and to touch the red line presented onthe graph under the striking price (approximately 30 pips.)

Opteck Rates

Opteck enables the client to buy or sell an asset with no market spread. The open

rate of a put Option is same as the open rate of a call Option.

Option

A nancial derivative that represents a contract sold by one party to another. The

Contract offers the buyer the right to buy (Call) or sell (Put) a security, or other

nancial assets, at an agreed upon price (strike price) during a certain period of time

or on a specic date.

Return rateThe return rate is a value of the contract for the successful expiry of a Binary Option.

The return rate is predetermined. Therefore it does not alter depending on the relative

success of the speculation, if the contract expires one point or fty points above

the price in a call Option it would still result in the same payout. The return rate isexpressed as a percentage of the initial trade investment.

Protection rate

The protection rate refers to the guaranteed return of a marginal amount of the

traders original stake. Therefore, if the Binary Option fails and expires unfavorably

for the trader, a small percentage of the original stake will be returned. The protection

rate is predetermined prior to executing the trade, in the same way that the payout is

also xed from the start. The protection rate acts as a small consolation in the eventthat the price moves against a trader.

Out-Of-The-Money

The outcome of the trade is not protable. For example, if the Option was a Call, thenthe current price of the underlying asset would be lower than the original price at the

time the Option had been purchased. (See At-The-Money, In-The-Money)

Range:

In the Range instrument, there is both an upper and a lower Option target price that

form a boundary range.

-In a call Option(predicting uptrend in a limited range) the price needs

to stay higher than the striking price and lower than the upper line.

-In a put Option(predicting downtrend in a limited range) the price needs to stay

lower than the striking price and higher than the lower line.

Reuters

The Reuters System is one of the worlds leading nancial data providers. It is thesystem in which Opteck refers to for the platforms expiry rates.

Stock index

Stock values for a particular group of stocks (often popular stocks) are summed upto create an Index, such as The Dow Jones Industrial Average.

Technical analysis

A method of elevating a security by evaluating statistics related to its historical

performance, such as past prices and volume. Charts and graphs, in addition to otherresearch tools, are utilized to identify any possible patterns that may be indicators

of future activity.

TrendRrefers to the movement of a price over a period of time, the longer the period of timewhere price moves sustainably in the same direction the larger the trend. Recognition

of a trend can allow speculators to make informed decisions based on the probability

of the future direction of price.

Turnover/Volume

A measure of activity showing the number of shares or contracts that are tradedduring a given period of time.


18/1832 33Become a Protable TraderBecome a Protable Trader

What Does it takes toBecome a Profitable TraderTurtle Trading; A Market Legend:Back in the 80s, legendary commodity traders Richard Dennis and William Eckhardtused to have frequent discussions about their success. Dennis believed anyone could

be taught to trade successfully, while Eckhardt countered that Dennis had a special gift

that allowed him to prot from trading.

An experiment was set up by Dennis to nally settle this debate. Dennis would nd agroup of people to train, using his rules, and then have them trade with real money. He

called his students "turtles" after recalling turtle farms he had visited in Singapore and

professed that he could grow traders as quickly and efciently as farm-grown turtles.

The turtles were taught very specically how to implement a trend-following strategy.The idea was that the "trend is your friend," meaning you should trade call on the

breaking out of the upside of a trading range and trade put on the downside.

Dennis had two turtle classes that he personally trained, lasting two weeks. They

then went on to trade professionally, under supervision, and earned more than $175

million in an astonishing ve years.

What can we learn from this historical tale?zatSecondly, it is worthwhile to take note that once the turtles quit their jobs as

traders and went home to try to duplicate this same line of work, using their own

funds they lost it all. The moment they tried to trade as home-traders, they failedto follow the strict rules of trading. The absence of a supervising manager, overseeing

their trading list, opened the door for their individual perspective driven by psychology

and emotions. Once you have the help of Optecks account manager, they will provide

you with a professional analysis of your behavior as a trader, in addition to critique and

elevate your knowledge and trading skills.

Binary Options is the only trading method that allows you to eliminate the noise of

the live market by applying a specic pattern to trade on that will actually lower the

emotional element and elevate the professionalism of an individual trader. And thenposition themselves in front of the sea of professional traders around the world.

As Optecks traders you will be granted education that species the methods usedto master our ability to become a professional trader through logical, sophisticated,yet simple explanations for the different tools and observations of the market. It is

essential to follow these methods to gain condence and to raise the percentage of your

protable trades, however, more so to understand accurately why its essential to do so.

The Rules:1. Look at prices rather than relying on the information from the media and newspaper

commentators to make your trading decisions.

2. Have some exibility in setting the parameters for your buy and sell signals. Test

different parameters for different markets to nd out what works best, from your

personal perspective.

3. Plan your exit as you plan your entry. Decide when you will take prots and when

you will cut losses.

4. Use the average true range to calculate volatility and use this to vary your position

size. Take larger positions in less volatile markets and lessen your exposure to the

more volatile markets.

5. Don't ever risk more than 2% of your account on a single trade.

6. If you want to make big returns, you need to get comfortable with large drawdowns.

Please note: This method was established and performed with the stock market.

trading in binary options, Essentially, we can discard the rules 2,3, and 5, which willactually make your trading experience far simpler.

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