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The ease of use opens a new era
in options trading.
Unlike
traditional options, which are typically only available
for time horizons of one or
more days, BoxOptions can be used to trade intra-day
options with time horizons as short as 5 minutes. The OANDA
BoxOption
service empowers the trader by allowing the traders to
define their own options in real-time.
OANDA
BoxOption gives intra-day traders, access to the advantages
of options trading. Unlike margin based trading, where
the trader has to take potentially unlimited risk to
participate on the upside, option strategies enable the trader
to
cap the risk. The ability to carefully control risk makes
intra-day options trading attractive to short-term traders.
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What is FXBoxOption?
- using your mouse you draw a box on the screen
- you select hit or miss to indicate whether you expect the rates to hit or miss your drawn box
- the system informs you what the pay out is if the rate later hits/misses the box
- you decide whether you want to invest and if so how much
- if the rate later hits/misses your box, you get the specified payout
- otherwise you forfeit your investment
Features:
- you know in advance what you pay, the maximum you can lose, and what your payout is if successful.
- intraday time frames
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FXBoxOption