No Touch Binary Options Explained and Recommended Brokers

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

Options Types » No Touch Binary Option

Choose No Touch Binary Option To Get Easy and Quick Trading Profits

As you already know for quite well, trading with binary options is an alternative to be a part of the financial trading market that comes with a very simple strategy – in most cases – and with beneficial final outcomes, if you are aware how to predict the upcoming changes. The binary option in general has only two possible final results – you either win everything, or you do not get to any profits. Your main goal in most cases is to find out how the market will move and to be more specific – whether the value of the chosen asset will go up or down. As a type of a binary option, the no touch binary option is fantastic selection you can make, while trading on Forex market. You can learn to trade with this binary option with an ease and eventually, you will definitely be able to get your quick profits. But let`s focus on the no touch binary option in details for a while!

Introduction to No touch Binary Option

The no touch options are the very opposite part of the popular one touch options, which are also a very common choice to traders from the financial market. In general, in case you choose this type of trading instrument, you actually choose to trade your money on the prediction that the asset’s value will not reach a particular level before the fixed expiry time. No touch options are quite similar to the traditional call or put options, by the way. The similarity comes from the fact that trader has only two possible final outcomes, where, as a matter of fact, the eventual profits and losses are strictly fixed by the no touch binary options trading broker you have registered in.

When To Trade With No Touch Binary Option And Why Are They So Important?

Trading with no touch binary options is a good choice for you in all the cases, when you are able to consider when the value of the selected underlying asset will change – either up or down. Naturally, the closer your prediction is to the reality, the closer you get to the highest profits of your trading activity. So, thus, both – touch or no touch options those trading tools you sill use in order to determine your assumption of the future moves of the market, as well as your personal profit. Meanwhile, the no touch binary options are in most cases purchased by traders in all cases, when the market is expected to consolidate in a narrow trading range. Often, this happens once the price has reached a completely new level, which can be either lower, or higher from the moment you have chosen and traded your option. According to the traditions, more advanced traders would prefer to choose the no touch binary options. However, more and more beginners in trading has started preferring the no touch binary options more than the rest of binaries like call / put or 60 seconds trading binary options.

What Are The Advantages of Trading With No Touch Binary Options?

As any other binary type, the no touch binary option has its own advantages for which many financial market traders choose them for. When it comes to trading with no touch binaries, it is well-known that the benefits you get are numerous, but here are the main pros you can actually get:

  • No touch binary options are easy to be predicted, if you are familiar with the latest Forex, economy, financial and political news. It`s not about knowing everything in details, but mostly a basic situation on the market in general.
  • No touch binary options are probably those binaries that require your good analytic skills in a full value. Probably, this is the reason why so many experts in the field believe that they are more common for advanced traders. Though, if you are good in analytic skills, there is no problem that you are a beginner.
  • Last, but not least the no touch binary options are good for the fact that your final outcome gets bigger with the closer prediction you make. This means that the better trader you become, the bigger your profits will become, too!

Choose no touch binary options and find a good broker to discover how amazing and beneficial they can be for your overall trading experience!

No-Touch Binary Options Explained

With the no-touch binary option trade, the binary options trader selects a strike price above or below the current market price as well as an expiration time. The broker will offer him a payout percentage corresponding to his selection.

For the investment to payoff, the price of the underlying asset must not reach or exceed the strike price anytime before the option expires.

Payout will vary greatly depending how far away is the strike price and the time till expiration. The further away the strike price, the lower the payout as there is less chance to touch the target. The longer the expiration time, the higher the payout as one has more time and hence more chance to touch the target.

Unlike the common high-low variant where the payout rarely exceed 90%, the payouts for no-touch binary options can easily exceed 100% and payouts between 200% to 500% are not uncommon.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

It is entirely up to the trader how much he wishes to invest with each purchase of the no-touch option but the minimum and maximum he can put in with each option varies across brokerages.

No-Touch Binary Option Example

EUR/USD is currently trading at $1.29. A binary options brokerage is offering 50% payout for the no-touch binary option with a strike price of $1.30 that expires in 5 minutes.

After tracking the price movement of EUR/USD for the past hour, the binary option trader believes that the price will not hit $1.30 within the next 5 minutes and decides to invest $100 to purchase this no-touch binary option.

If EUR/USD goes up to $1.30 anytime within the next five minutes, the trader will have lost his initial investment of $100.

However, if the price of EUR/USD never rise to the $1.30 price point during the whole 5 minutes, the investment pays off and the trader earns a profit of 50% of his initial investment, which is $50.

Note that it does not matter whether the price of EUR/USD skyrocketed up to $1.40 or flash crashed below $1.00, both the profit and loss will be fixed at $50 and $100 respectively.

One-Touch Binary Option

Conversely, there is the one-touch variant as well. See One-Touch Binary Options.

See Also

Continue Reading.

What are the Main Types of Binary Options?

Learn how the One-Touch, No-Touch and Range/Boundary binary options differ from the common high-low viety and how to trade them. [Read on. ]

What Assets can be Traded using Binary Options?

Many of the most popular financial instruments such as currency pairs, equities and commodities are available to trade using binary options. . [Read on. ]

Binary Options: Trading or Gambling?

Is binary option a legitimate financial instrument or just another form of gambling. [Read on. ]

Binary Options & Trading Robots: A Perfect Match?

Unlike humans, robots have no emotion and do not need to rest, so they can make a lot more trades than humanly possible, combined with perfect consistency. [Read on. ]

Is Binary Options Trading a Scam?

Learn how you can get scammed when trading binary options if you are not careful. [Read on. ]

How to Select a Binary Options Broker?

With so many scam brokers out there, before you learn how to trade, one must know how to separate the wheat from the chaff and find a trustworthy binary options brokerage. [Read on. ]

Binary Options: Calculating Breakeven Win-Rate for a Given Payout

How often does my trades need to be successful in order to be consistently profitable in the long run when trading binary options. [Read on. ]

Guide on the Best Binary Options Brokers & Platforms in 2020

Updated on: 6 January 2020

There are hundreds of binary options brokers out there. Since not all of them offer the same type of services and the same kind of deals, it’s very important for any trader to choose carefully before registering.

I have created this guide to help traders finding, what are I believe, the best binary brokers available these days. I will be continually updating this list adding new brokers that I have tested and determined that are legit and remove those that accumulate negative feedback over time.

Below these initial paragraphs you will find a toplist of binary options brokers that I trust completely and that at this moment offer in my opinion the best services and have the best reputation in trading circles.

This list is backed by rigorous research as well as comparing reviews and looking for complaints on major Forex and binary options forums such as ForexPeaceArmy and FXempire.

Currently recommended brokers:

For traders from the USA: BinaryMate.

For international traders: Plus500.

What to Look for Before Registering at a Binary Options Broker?

In the below paragraphs I will describe what I look at when I review a broker. In general, only 1 of every 10 broker that I review will get a positive review. From these I usually select the top 10 binary options brokers that I like and recommend them on my site. Sometimes I have to cut back to just 5.

Is the broker legit?

This is the first thing I evaluate. If it turns out that a broker is a fraud and operates illegally then I won’t even look further. It doesn’t matter if the broker has many attractive deals and high payout rates. If something seems shady then there’s no point in looking any further.

The best way to check this is to see if the broker has a license issued by a reputable government agency in a reputable country. Such agencies include the Cyprus Securities and Exchange Commission (CySEC), and the United Kingdom Financial Conduct Authority (FCA).

Brokers (or their parent companies) that have such a license are always 100% legit.

Where is it located?

It also matters where a binary options broker is located. If a company is located in a place such as the British Virgin Islands or Seychelles then most of the time it means that they have something to hide.

Most legit binary brokers are located in places such as Cyprus, the UK, Malta or the Isle of Man. All these are European Union jurisdictions and have reputable regulatory authorities.

How many assets does it offer?

Once I checked all the legal stuff and made sure the broker is not a scam, I will go on evaluating the actual broker itself. The first thing I look is the number of assets. The larger the better.

It’s common knowledge in binary options circles that some assets are much easier to predict than others. This is especially true for major currency pairs. Also, most of the signal tools developed only work with currencies, so you need to make sure they are available in abundance if you want to profit.

What are the payout rates?

Another very important thing to evaluate is that of the payout rates. Obviously, the larger the payout rates are the better it is for you. At this moment the industry standard of payout rates is around a minimum of 80%.

It’s also important to check if the respective binary options broker has very high payout rates in case of one-touch and boundary options. In most cases like these, payout rates should be around 400%.

Some brokers count on the fact that traders have no idea that payout rates in case of touch options should be very high, and as such they offer standard 80% rates in these cases. This is a very shady practice. I blacklist a broker immediately that does not offer decent payout rates.

The online trading software used

Binary options brokers function on a so-called binary options trading platform. Third party companies usually develop this platform. Traders should make sure that they register at a broker that uses a highly advanced and user-friendly platform. This way they’ll be able to enjoy trading under the best conditions.

What kind of options does it have?

As you know, there are different kinds of options such as high/low options, one-touch, boundary and ladder. A decent broker in 2020 should be offering all of these. It might have been fine for a broker to offer only high/low options in 2020, but thee days this is unacceptable.

The reason for this is that some of the best paying options are the exotic ones such as boundary and one-touch. As explained in the previous point, these can pay out up to 400% or sometimes even 600%.

Withdrawal and payment issues

At this stage I am almost finished reviewing the binary broker from an outside perspective. The next step will be to actually sign up myself and try out how things work in real trading mode.

However, before doing this I will check some of the popular binary options websites and forums to see if people have any complaints about withdrawals; after all, I don’t want my money stolen.

There are many important and independent forums that are completely user generated that allow complaints against brokers. If my broker has many justified complains about not processing payments then obviously I will not register and instead add the broker to my blacklist.

In regards to deposits, the most important issue is that of the number of depositing tools provided. The most important payment tools that should be available at every financial trading broker are credit card deposit, wire transfer deposit and PayPal as well as MoneyBookers deposit. In regards to withdrawals, the most important issue is the processing time related to payments.

Actual trading for at least 2 weeks

And now finally once the binary options brokers I review passed the previous tests I will actually sign up myself and begin trading with real money for at least 2 weeks. Usually, in these cases I will not accept a bonus because I might not intend to stick on trading and therefore wouldn’t want to lock in my deposit due to bonus clearing requirements.

When I review the broker in real trading mode I will again evaluate all the previous points but now also in practice:

– Does the broker actually have all the advertised assets?

– Does it offer the same payout rates in practice as it advertises pre-signup?

– Does it have all the advertised options and does it have the same payouts?

– After 2 weeks: can I actually withdraw my money and how much does this process take?

I will also look for anything extra, such as additional special features, like double down, sell trade, increase expiration time and more. If such features are available, then a broker will be ranked higher on my site.

And at the very end, if the brokers pass all these evaluations then I will add them to the recommended binary options brokers list. If they are “just good enough” then I will ignore them. If they are really bad or even a scam, they get blacklisted.

So this is how I review binary options brokers. You can do this yourself using the same methodology if you want.

List of the Best Binary Options Brokers

And now finally I want to talk about some brokers that I believe are top performers. I decided to specially highlight these, as these are the ones I actually use myself as well on a regular basis.

All the sites listed below passed all the above-mentioned tests and criteria. I can personally vouch for these sites having used them myself continually for a long time.

IQ Option (Recommended for Europe and international traders – no USA accepted) – IQ Option is at this moment the largest binary options broker on the market. It’s also one of the first that acquired proper regulation and licensing in multiple European Union countries. I truly believe that at this moment IQ Option is the safest and most legit broker out there. Of course, the services provided are also some of the best available right now.

If you’re interested in learning how to win at binary options then I recommend you to read my additional articles and guides. This website was created with the intention of teaching traders how to win, so they can become more than just simple recreational users. If you only trade at the best ranked binary options trading brokers and follow some common sense steps, then you may have a chance of generating revenues besides having a lot of fun as well. However, keep in mind that in binary options trading (or any kind of trading for that matter) nothing is guaranteed.

If you want to check out the list of brokers I have blacklisted you can go here.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

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