Best Options Trading Platform in the UAE - Start Trading: Sign Up, Sign In

The options trading platform is your place on the home computer on which you trade. You will need a trading platform to manage your options. The best options trading platform will allow you to find the perfect buys and sells for each asset, as well as other important information such as expiration values ​​and strike rates. If you want to become an options trader, you should definitely learn how to use options trading charts. 

Option is a security that confirms the owner's right to buy and sell a certain underlying asset (commodity, other security) at a certain price at a predetermined time.

There are many types of options trading charts that are readily available, depending on your level of experience as an options trader. The most basic of these reveal moving averages, which are the most common choice in trading charts. Many men and women use moving averages because they are easy to read and understand. You can also find charts that show price patterns and changes, in addition to other information to help you decide when to buy or sell options.

Binary options - the choice is yours
Binary options - the choice is yours

There is also a bar chart - a type of chart that displays changes in the price of an asset in the form of interval histograms (segments, bars, bars).

Bars are sometimes called OHLC charts, as they are plotted using four points of interest within the considered time interval (expiration time):

  • Open - price value at the beginning of the time frame. It is displayed as a horizontal line to the left of the bar;
  •  Maximum (High) - the maximum price value that was reached within the time frame;
  •  Minimum (Low) - the minimum price value that was reached within the time frame;
  •  Close - price value at the end of the time frame. It is displayed as a horizontal line to the right of the bar.

Thus, OHLC is an abbreviation for the first letters of construction points.

The candlestick chart is also a popular chart, and it is also available on our platform. The Japanese candlestick chart is considered the most comfortable for studying market phenomena in order to analyze the retrospective and make forecasts. It has the highest level of information content compared to other species.

Popular indicators for chart analysis
Popular indicators for chart analysis

Outwardly, Japanese candlesticks look like bars (bars of a histogram), and each element indicates a price change relative to a certain time interval. The lower part of the candlestick represents the open level, and the upper part represents the close level.

Traders often use options trading indicators to determine the effectiveness of an alternative. These indicators look at how the underlying asset or security is moving and make recommendations as to whether to buy or sell. There are many indicators for options trading systems.

For example, the simple moving average (SMA) remains the most popular technical analysis tool to this day. This indicator uses a moving average line to estimate the price of an asset. The essence of the method is to calculate the averaged data for a certain period of time. For example, you need to find the average closing price of an exchange asset over the past five days. At the end of trading on the sixth day, its closing price is added to the amount while simultaneously excluding the values ​​of the first day, the result is again divided by five, etc. In a schematic representation, the indicator seems to slide along the asset's chart. The direction of movement indicates the prevailing trend. A progressive increase in values ​​indicates the growth of the market, a downward one - of its fall.

If you have been trading options for a while, you are probably familiar with most of the indicators for options trading. However, as your experience increases, you will also learn how to use more complex indicators. These include moving averages, RSI, MACD, Bollinger Bands, and additional resources. It is important to keep abreast of all these developments as they can change rapidly in response to changes in the market. They are great at giving you a simple overview, but don't get too attached to them to neglect the other indicators you use.

So, if you are new to options trading, you need to learn how to use the platforms. It is important to know how to interpret the charts and charts you find so that you can determine when to buy or sell options. Our trading platform will help you make the choices you need to make in order to become successful in trading.

Our options trading platform will also give you the opportunity to get help. For example, we offer answers to frequently asked questions and video tutorials, as well as a demo account for learning to trade. Just go through the registration procedure and start your training today!

Types of binary options 

A binary option is a trade in the financial market in which you make a forecast and bet money on it. If the forecast is correct, you get 60-85 percent of the profit, if not, you lose your entire stake.

The reason a dealer may decide to invest in binary options is because they have many advantages over conventional trading assets. Binary options traders have a lower level of risk compared to those who stick to traditional trading markets. For example, a dealer can risk a large amount of money simply by making one trade. However, traders trading binary contracts do not need to risk so much money. This is because they are making transactions multiple times a day.

Choose your binary options strategy
Choose your binary options strategy

Expiration Date - Expiration is one of the most important factors affecting binary options.

Expiration is the time until the expiration of which you are allowed to make money on a trade. It is also called the strike date, the highest date, or the expiration date. This expiration date is often referred to as the "closing date". The expiration date determines when you will be allowed to trade again after the option is resolved and decides whether you exit or not.

Many people in the world of foreign exchange markets use calculators to predict the outcome of a contract. The fantastic use of a calculator can be seen as a useful way to estimate the likelihood that a payout will occur. This is especially true for binary alternatives. Calculating the strike price of a binary contract is necessary because it is vital for traders to determine what happens to the contract when it expires.

Binary options are very different. Let's take a look at six of the most popular types.

  • Higher / lower. The “Higher / Lower” contracts have the first place in any rating. You expect the price to be above or below the current level.
  • Touch. This is a forecast about whether the price will touch a certain level or not.
  • Range. A price range appears on the chart. If I assume that the price will be in a range after some time, I buy an option.
  • Express. This is when you place a bet on several instruments at once - which of them will grow, which will fall.

These are several popular options, as you can see there are a lot of them, and they have a similar feature, guess and then get an excellent profit!

How to start options trading  in the UAE ? 

Before you start learning how to trade options, you need to think about the different ways to open an account and how they work. Options trading is not like a stock exchange where you can buy or sell your shares at any given time, but the choice is made at a specific time and you will find options representing different currencies. You should understand how the options conditions work until you open a live account to trade options in the UAE. Once you know you want to make money with options, you can open a demo account on the best options trading platform in the UAE.

Registrating on the investing platform
Registrating on the investing platform

We are user-friendly and there is a service center on the website where you can get help if you need it 24/7. However, an excellent options trading platform is not enough to make a profit without learning any knowledge. All things considered, a trading platform is your tool to help you get the information you need. Trading choices requires a lot of knowledge and skills, and if you don't have the right knowledge, you can lose a lot of cash.

A demo account for trading stocks provides all the tools you need to evaluate and monitor stocks.

This usually means that you can assess the financial health of the business and look for signs of approaching new products and business plans, and work out your strategy. You can also do this to assess what type of asset you want to trade on the platform. After you open an account on our platform, you will have $ 10,000. This is the virtual amount for which you will study.

When you open a live account, you will have the opportunity to trade currencies, stocks, bonds and commodities. And you can start with just $ 10. Of course, this amount will not give you a huge profit, but this is just the beginning, and by the way, you can start with a larger amount, it all depends on you! Try it and you will definitely succeed!

Opening a live account to trade in the UAE is quite simple. You will need to register, wait for confirmation to your email and then you can start creating an account.

How to open account
How to open account

A beginner should trade binary options using the lowest possible rates. Do not rush to play for high stakes. First of all, you need to acquire the necessary experience and trading skills. In addition, you need to be aware that in this industry, profit for professional successful traders and brokers themselves is provided by the lost investments of other investors. In other words, there is always risk, constantly learning and evaluating your asset balance in order to adjust your strategy and know your strengths and weaknesses.

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