TOP mobile platform with clear and user-friendly design, all you need is right in the trade room of your app, with customization functions included. Now you can have an even bigger choice between mobile and tablet apps, desktop application and web version.
Experience the ultimate cross-platform trading, which follows you everywhere you go. As it is an online trading application, please be reminded that a network connection is required. Vincent and the Grenadines. Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region and age The developer provided this information and may update it over time.
This app may share these data types with third parties Location, Personal info and 3 others. This app may collect these data types Location, Personal info and 5 others. Data is encrypted in transit. You can request that data be deleted. Overall this is a great app. It is easy to use, has an intuitive UI and is great for novice investors who want to dabble in stocks and learn at the same time. Sure, it doesn't have all the bells and whistles that a day trader needs, but all those bells and whistles will be great for most users.
Start here, if you really like it, upgrade to a higher priced platform with exotic capabilities. A few small changes would greatly improve my UX: 1 Improve search behavior not results. More and more apps are doing this great job with the search feature these days. If you tap the magnifying glass several times in a row, it will delete the old results and bring up the keyboard to start typing. While researching, I searched a lot of stocks back and forth and now I have to click on the little X at the top of the screen to delete my old results before looking for the next stock.
The IMDb app has had this feature for a few years now and it's great Spotify does too. You search for something, go to the results, then quickly tap the magnifying glass 3 or 4 times to search again and your previous search text will be deleted, the keyboard appears and you can search again in a split second. Hope you are having a nice day! We wanted to thank you for your lovely feedback. Have a nice day.
I think the app can definitely improve. It needs more user friendly tools to choose from. Structuring trades in currency options is actually very similar to doing so in equity options. Putting aside complicated models and math, let's take a look at some basic FX option setups that are used by both novice and experienced traders. Basic options strategies always start with plain vanilla options.
This strategy is the easiest and simplest trade, with the trader buying an outright call or put option in order to express a directional view of the exchange rate. Placing an outright or naked option position is one of the easiest strategies when it comes to FX options. Taking a look at the above chart, we can see resistance formed just below the key 1. We confirm this by the technical double top formation. This is a great time for a put option. An FX trader looking to short the Australian dollar against the U.
Profit potential for this trade is infinite. But in this case, the trade should be set to exit at 0. Aside from trading a plain vanilla option, an FX trader can also create a spread trade. Preferred by traders, spread trades are a bit more complicated but they do become easier with practice. The first of these spread trades is the debit spread , also known as the bull call or bear put.
Here, the trader is confident of the exchange rate's direction, but wants to play it a bit safer with a little less risk. In the chart below, we see an This is a perfect opportunity to place a bull call spread because the price level will likely find some support and climb. Implementing a bull call debit spread would look something like this:. Gross Profit Potential: The approach is similar for a credit spread.
But instead of paying out the premium, the currency option trader is looking to profit from the premium through the spread while maintaining a trade direction. This strategy is sometimes referred to as a bull put or bear call spread.
With support at So, the trade would be broken down like this:. Potential Loss: As anyone can see, it's a great strategy to implement when a trader is bullish in a bear market. Not only is the trader gaining from the option premium , but they are also avoiding the use of any real cash to implement it.
Both sets of strategies are great for directional plays. So, what happens if the trader is neutral against the currency, but expects a short-term change in volatility? Similar to comparable equity options plays, currency traders will construct an option straddle strategy.
These are great trades for the FX portfolio in order to capture a potential breakout move or lulled pause in the exchange rate. The straddle is a bit simpler to set up compared to credit or debit spread trades. In a straddle, the trader knows that a breakout is imminent, but the direction is unclear. In this case, it's best to buy both a call and a put in order to capture the breakout. The figure below exhibits a great straddle opportunity. Will the spot rate continue lower? Or is this consolidation coming before a move higher?
Since we don't know, the best bet would be to apply a straddle similar to the one below:. It is very important that the strike price and expiration are the same. If they are different, this could increase the cost of the trade and decrease the likelihood of a profitable setup. Net Debit: 95 pips also the maximum loss.
If the cash flow is uncertain, a forward FX contract exposes the firm to FX risk in the opposite direction, in the case that the expected USD cash is not received, typically making an option a better choice. As in the Black—Scholes model for stock options and the Black model for certain interest rate options , the value of a European option on an FX rate is typically calculated by assuming that the rate follows a log-normal process.
The earliest currency options pricing model was published by Biger and Hull, Financial Management, spring The model preceded the Garmam and Kolhagen's Model. In Garman and Kohlhagen extended the Black—Scholes model to cope with the presence of two interest rates one for each currency. The results are also in the same units and to be meaningful need to be converted into one of the currencies. An earlier pricing model was published by Biger and Hull, Financial Management, spring The model preceded Garmam and Kolhagen Model.
A wide range of techniques are in use for calculating the options risk exposure, or Greeks as for example the Vanna-Volga method. Although the option prices produced by every model agree with Garman—Kohlhagen , risk numbers can vary significantly depending on the assumptions used for the properties of spot price movements, volatility surface and interest rate curves. After Garman—Kohlhagen, the most common models are SABR and local volatility [ citation needed ] , although when agreeing risk numbers with a counterparty e.
From Wikipedia, the free encyclopedia. Derivative financial instrument. Retrieved 21 September Derivatives market. Derivative finance. Forwards Futures. Commodity derivative Energy derivative Freight derivative Inflation derivative Property derivative Weather derivative. Categories : Foreign exchange market Options finance Derivatives finance. Hidden categories: Articles with short description Short description matches Wikidata All articles with unsourced statements Articles with unsourced statements from July Articles with unsourced statements from September Articles with unsourced statements from November Namespaces Article Talk.
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Risk management tools AvaOptions includes a wide selection of professional risk management tools, portfolio simulations, and much more. Flexible orders mean absolute control Trade CALLS and PUTS with stop and limit orders , which can be triggered by a pre-determined premium level, mean added control over trade entry and exit.
IQ Option offers Forex trading along with 24/7 support team & award-winning trading platform. Read all about trading Forex here and create an account! Best Forex Brokers for Options (Turbos) ; Saxo Bank - OTC and exchange-traded options ; CMC Markets - OTC forwards and countdowns ; TD Ameritrade. When you trade FX options, you are buying the right to trade a currency pair at a specific price on a specific date. This means you intend to buy one currency .