lanretuase Posted August 21, 2012 Share Posted August 21, 2012 Forex option brokers can generally be divided into two separate categories: forex brokers who offer online forex option trading platforms and forex brokers who only broker forex option trading via telephone trades placed through a dealing/brokerage desk. A few forex option brokers offer both online forex option trading as well a dealing/brokerage desk for investors who prefer to place orders through a live forex option broker. The trading account minimums required by different forex option brokers vary from a few thousand dollars to over fifty thousand dollars. Also, forex option brokers may require investors to trade forex options contracts having minimum notional values (contract sizes) up to $500,000. Last, but not least, certain types of forex option contracts can be entered into and exited at any time while other types of forex option contracts lock you in until expiration or settlement. Depending on the type of forex option contract you enter into, you might get stuck the wrong way with an option contract that you can not trade out of. Before trading, investors should inquire with their forex option brokers about initial trading account minimums, required contract size minimums and contract liquidity. There are a number of different forex option trading products offered to investors by forex option brokers. We believe it is extremely important for investors to understand the distinctly different risk characteristics of each of the forex option trading products mentioned below that are offered by firms that broker forex options. Plain Vanilla Forex Options Broker - Plain vanilla options generally refer to standard put and call option contracts traded through an exchange (however, in the case of forex option trading, plain vanilla options would refer to the standard, generic option contracts that are traded through an over-the-counter (OTC) forex dealer or clearinghouse). In simplest terms, vanilla forex options would be defined as the buying or selling of a standard forex call option contract or forex put option contract. There are only a few forex option broker/dealers who offer plain vanilla forex options online with real-time streaming quotes 24 hours a day. Most forex option brokers and banks only broker forex options via telephone. Vanilla forex options for major currencies have good liquidity and you can easily enter the market long or short, or exit the market any time day or night. Vanilla forex option contracts can be used in combination with each other and/or with spot forex contracts to form a basic strategy such as writing a covered call, or much more complex forex trading strategies such as butterflies, strangles, ratio spreads, synthetics, etc. Also, plain vanilla options are often the basis of forex option trading strategies known as exotic options. Exotic Forex Options Broker - First, it is important to note that there a couple of different forex definitions for "exotic" and we don't want anyone getting confused. The first definition of a forex "exotic" refers to any individual currency that is less broadly traded than the major currencies. The second forex definition for "exotic" is the one we refer to on this website - a forex option contract (trading strategy) that is a derivative of a standard vanilla forex option contract. Quote Link to comment Share on other sites More sharing options...
hardworks Posted August 25, 2012 Share Posted August 25, 2012 I recently tried Instaforex option trading. Its perfect, i can able to access and trade in my account cabinet itself. Best broker of Asia is Instaforex, so there is no worry about the security. We can able to start trading in option as like as Forex trading. Quote Link to comment Share on other sites More sharing options...
starwar1508 Posted January 24, 2013 Share Posted January 24, 2013 Good morning all Yesterday Eu up very strong impetus for eu test the next resistance is 1.31, one entry is kept, one entry, you can not buy the dip, but for now the probability is 50/50 All signal pairs are up sharply, can wait for the price to go back to There is now no signal on 80% of the whole, I should stand outside looking Quote Link to comment Share on other sites More sharing options...
luke1 Posted January 29, 2013 Share Posted January 29, 2013 Well, the explanation like above is not the first time we ever read here. There are so many explanation like that, hundreds and even thousands here. Now, in the market, there are so many online brokers, even this can reach like thousands. We can join any broker we want with its own risk here Quote Link to comment Share on other sites More sharing options...
mesbakh Posted March 19, 2013 Share Posted March 19, 2013 i think brokers should give option which may be clasiifed as win win solution and ease trader to have good deal Quote Link to comment Share on other sites More sharing options...
shoaybkhan Posted July 29, 2013 Share Posted July 29, 2013 I've used 24option and it's leads the way with the highest bonuses of any binary options broker, 85% profit within an hour and impeccable customer service. Quote Link to comment Share on other sites More sharing options...
Bagus Posted October 26, 2013 Share Posted October 26, 2013 24option broker unfortunately does not provide a demo account to try them for the srver my hard work out how to use a demo account first have to make deposits I've used 24option and it's leads the way with the highest bonuses of any binary options broker, 85% profit within an hour and impeccable customer service. Quote Link to comment Share on other sites More sharing options...
standart Posted January 20, 2014 Share Posted January 20, 2014 thanks to the article. I am get good knowledge regarding with brokers. previously I am never heard about exotic brokers and plain vanilla options brokers. which explain the contract we should use in trading. majority brokers we all know currently offering leverage and allowing traders to trade with small contract. but there are brokers indeed which doesn't use leverage and apply standard contract to every of their traders client. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 8, 2014 Share Posted February 8, 2014 regardings forex broker is depend on you chose, but good forex broker is have good trading facility and service to the client, we can enjoy more with this brokers, so in first time find the ggod broker is most important point. Quote Link to comment Share on other sites More sharing options...
myregister Posted June 11, 2015 Share Posted June 11, 2015 Just another type of forex, but there are some advantages and maybe you love it some of them are: You can used it as hedge position so to limit the risk, you also does not need to risk more capital since you can use options to trade on market's prediction. Quote Link to comment Share on other sites More sharing options...
pepy Posted November 10, 2015 Share Posted November 10, 2015 Options seems a bit like gambling, but actually if we can grasp the fundamental of it then it will be like forex, we predict in for example 30 seconds the price will be higher than the current price, if that is true we will get profit from our prediction. very suitable for newbie Quote Link to comment Share on other sites More sharing options...
Vaabum Posted June 26, 2022 Share Posted June 26, 2022 Quite positive. For work, I have been using the broker from ExpertOption for a long time, and so far I am quite satisfied with the results. Quote Link to comment Share on other sites More sharing options...
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