Options Platform
Finotec boasts one of the most advanced options trading platform modules available today. Indeed, while there are several brokers providing options on currencies, Finotec is one of a few to put forth so many Options Types for so many currency pairs. All currency pairs available for options trading are indicated by the sign “option” below the streaming quote. Click on this box to place your order and choose your option type or strategy.
What are your options on the Finotec options platform module?
- Trade options on many majors and cross currencies including EUR/USD. USD/JPY, GBP/USD.
- Trade many types of options including vanilla, call and put, exotic including barrier options (knock-in, knock-out, reverse knock-in, reverse knock-out) and binary options (one touch, no touch, double one touch, double no touch) as well as options strategies such as strangle and straddle.
Although Options Trading was never known to be easy, at Finotec, trades are facilitated by a comprehensive set of tools designed for your trading needs. When you decide to trade options on our trading platform, a box opens for you to place your order. By entering the different options input, you may get the price of the option before you start trading by clicking “get price” button. What are the advantages of Finotec’s option technology?
- Ensures fair market price. The price of the premium, whether you are buying or selling, is calculated according to the Black-Scholes model, and ensures a fair market value for an option price.
- Get a lot of other useful data: volatility, risk reversal, fly, vega delta, the option price expressed in percentage of both currencies. All this info should also help you make your decisions.
- Use sophisticated graphs. View Japanese candlestick charts going back many years for your own foreign exchange analysis and strategies. Add as many indicators as you like (RSI, MACD, Bollinger Bands, etc.) and read our experts’ daily analyses.
To trade options on the Finotec options platform module, click “options” under the streaming quote of the currency pair you've interested in and place your order. First you must choose the type of option or option strategy you wish to buy or sell and then fill in the required fields. Click “get price” and place your order. Should you have any questions regarding option trading, please contact our customer support.