Binary options - how to improve

Aren't binary options path independent?

No, in the sense that they can trade anywhere and all that matters is where spot is priced at exp. PD-exotics have barriers/KOs/KIs. Say you buy a bull touch on AAPL at 175. A digital can trade past 175 but expire below and it will expire at 0/100 while a touch will pay out when it touched 175.
 
https://www.fca.org.uk/consumers/binary-options-scams

The British love Binary options

Screenshot_20231006-031920~2.png


It makes sense, it would quite easy to manipulate a price for five seconds in order to fake an outcome.
 
I do know IG Markets got Digitals available on S&P 500, Nasdaq 100, etc. if one got "Pro" trader status qualification on their platform.
 
https://www.fca.org.uk/consumers/binary-options-scams

The British love Binary options

View attachment 324563

It makes sense, it would quite easy to manipulate a price for five seconds in order to fake an outcome.
For what I understand one can still trade them, without any investor protection.
They have banned the promotions and the sales from the UK, but I understand a uk customer can open an account with one of these offshore brokers (Malta, BVI) and trade them.
 
No, in the sense that they can trade anywhere and all that matters is where spot is priced at exp. PD-exotics have barriers/KOs/KIs. Say you buy a bull touch on AAPL at 175. A digital can trade past 175 but expire below and it will expire at 0/100 while a touch will pay out when it touched 175.
Do you see an opportunity if traded as a part of a complex structure, like one touch hedged by a vanilla option spread (butterfly, risk rev)?
Or on their own betting on the one touch?
 
For what I understand one can still trade them, without any investor protection.
They have banned the promotions and the sales from the UK, but I understand a uk customer can open an account with one of these offshore brokers (Malta, BVI) and trade them.

Of course, you can open an account at your own risk in a tax haven region, but the FCA won't protect your funds, which is the whole point of dealing with a regulated broker.

Some have pointed out cryptos as similar vehicles, so I guess you could treat those brokes in Malta like having an account with Bifinex in Hong Kong. I don't think you would send the majority of your funds there.
 
Of course, you can open an account at your own risk in a tax haven region, but the FCA won't protect your funds, which is the whole point of dealing with a regulated broker.

Some have pointed out cryptos as similar vehicles, so I guess you could treat those brokes in Malta like having an account with Bifinex in Hong Kong. I don't think you would send the majority of your funds there.
I agree, although some are regulated, just not by the FCA.
I wouldn't send the majority of my funds.

Although, it appears it's not a ban like for the USA customers, at least for deriv.com/binary.com as dest pointed out.
 
Do you see an opportunity if traded as a part of a complex structure, like one touch hedged by a vanilla option spread (butterfly, risk rev)?
Or on their own betting on the one touch?


Sure, long(short) spot against the no touch(touch). You want the vanilla side to be unimodal delta.
 
Legit dealers will not open an account in a prohibited jurisdiction. You have no recourse outside of whining on a review site. The review sites are filled with bad reviews centered on slow/no pay with pocketoptions.com.

even if it’s gameable you run the risk of wasting time building up a stake only to be told to fuck off. You can’t risk putting real money there and you risk wasting the time to build a legit-stake. Not worth the effort as they will screw you on the withdrawal.
 
Back
Top