Verify Broker FAQs
For your convenience, our most common customer questions are answered right here.
Q: Which trading platforms do you recommend?
A: We have reviewed and critically analyzed the best trading platforms, which are on this website. We recommend these platforms.
Q: What are binary options?
A: Binary Options are forecasts on how the market price of a specific asset will perform during a certain time period
Q: Do I have to Calvin Pickard Jerseys place just one trade at a time?
A: You can have as many Binary Options trades open and in play at any time as you see fit.
Q:What time does the Australian stock market open?
A: Trading takes place from 10:00 am to 4:00 pm, Sydney time.
Q: What is Forex?
A: Forex is a shortened term used for ‘Foreign Exchange’. It is the process of buying and selling currencies. The foreign exchange market is the biggest and most liquid financial market in the world. The market operates 24 hours around the clock from Sunday night through Friday and comprises central banks, currency speculators, organizations, governments, retail investors and international investors.
Q: What is a CALL option?
A: You want to buy a CALL option in binary options if you think the price of an asset will close ABOVE the current rate upon expiration.
Q: What is a PUT option?
A: You want to buy a PUT option in binary options if you think the price of an asset will close BELOW the current rate upon expiration.
Q: What is the expiry time?
A: The expiry time is the time and date at which an option expires. The time to expiration varies between the different options.
Fixed Expiration Options are the standard High/Low options which offer expirations in the coming hours, while short term options offer a very short time expirations of 5 minutes, 2 minutes or 60 seconds, to be chosen according Nikita Zaitsev Youth Jerseys to each trader’s preferences.
Binary Options’ transactions are executed “in Market Rates”, meaning in the price in effect available on the market as indicated on our servers at the time the order is placed, provided that Authentic Jake Gardiner Jerseys it is similar to the price displayed in the platform, or otherwise declined.
After the expiration, our trading systems calculate your return according to the last rate which was available prior to the expiration time and if required, your account is automatically credited accordingly.
Q: What are Forex trading Authentic Dave Keon Jerseys hours?
A: Trading in the forex is not done at one central location but is conducted between participants through electronic communication networks (ECNs) and phone networks in various markets around the world. The market is open 24 hours a day from 5pm EST on Sunday until 4pm EST Friday.
For real time hours
New York 8am to 5pm EST
Tokyo 7pm to 4am EST
Sydney 5pm to 2am EST
London 3am to 12 noon EST
Q: What is a pip?
A: A “pip” is the smallest whole increment in any Forex pair. For pairs quoted in 5 decimal points, a pip increment is based on the fourth decimal. For pairs quoted in 3 decimal points, a pip increment is based on the second decimal.
Q: What is a lot?
A: In Forex, a lot is a standard unit of measurement that equals 100,000 units worth of currency. Most brokers offer the ability to trade in Standard (100,000) lots, Mini (10,000) lots, and Micro (1,000) lots.
Q: What is slippage?
A: Slippage is the difference between the execution price and the requested price of a pending order or trade caused by gapping in the markets.
Q: Which regulations are available for forex and binary Womens Jerseys options?
A: For a detailed list go to Trading Regulators
Q: What is Aussie?
A: Nickname for the Australian dollar
Q: What is Kiwi?
A: Nickname for the New Zealand dollar
Not finding what you want? Reach out directly through our Contact Us page in Verify Broker.