British forex and CFD broker CMC Markets just announced the introduction of a new financial instrument named countdowns on its trading platform. This countdown options look extremely familiar to binary options and will enable CMC clients to buy short term options with binary payoffs.
Countdowns are fixed-odds and risk limited options based on whether the price of an asset will be above or below the countdown price which is a comparable to a strike at the maturity of the option. CMC Markets already announced that these countdowns will be available across 21 different underlying assets including the most popular forex pairs, indices and commodities.
In order to place an order on a countdown, the steps will also be really similar to an order on a binary option:. CMC Markets announced that it introduced countdowns in response to client demand.
More and more CFD and forex traders are searching for simple volatility products. As opposed to CFD and forex traditional instruments, countdowns are extremely short term and with limited risk. Using CFD, you can lose more than your invested amount and more than your initial deposit if the underlying asset goes against your market scenario.
Most traditional forex instruments offered to retail traders are also highly leveraged products that can lead to huge losses. With countdowns, the payoff is binary, which means it is leveraged, but the loss cannot be higher than your invested amoun, this also the biggest advantage of binary options.
CMC Markets also explained they were expecting to introduce binary options later in the year. We believe that CMC Markets is trying to surf the wave of binary options but without calling it binary options. The best traditional CFD and forex brokers are all beginning to turn to binary options in order to attract younger and more dynamic clients that want to speculate on financial markets with a shorter time horizon.
IG binary and ETX Capital are already proposing a full set of binary options with dedicated trading platforms for a while now and we believe that CMC Markets wants to gain some market shares there. These three brokers are benefiting from their safety reputation and their experience in the trading sector. Your email address will not be published. Wednesday , 21 June Binary Options Broker Top regulated brokers for binaries. Home Broker Reviews 24Option review OptionRally review Banc De Binary review AnyOption review TopOption review IG Binary review ETX binary Review Prestige Option review P-Options review Reported SCAMS Broker Rankings Best regulated brokers Best Binary Bonus Cash withdrawal Minimum deposit Minimum investment Available assets Education Avoid scam Binary option definiton Trading hours Advantages of binary options Binary vs.
Countdowns — CMC Markets introduces binary options lookalike Auteur: Charles Beaujoire British forex and CFD broker CMC Markets just announced the introduction of a new financial instrument named countdowns on its trading platform.
Limited-Risk Trades | Binaries Trading | CMC Markets
In order to place an order on a countdown, the steps will also be really similar to an order on a binary option: Select the underlying asset and maturity of the trade: What are the CMC Markets motivations?
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Countdowns – CMC Markets introduces binary options lookalike
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