According to a representative from the company these options are available on weekends, when markets are closed and offer impressive payouts.
London, UK (PRWEB) November 06, 2013
Redwood Options has brought in ‘One Touch Binary Options’ which are a type of option growing increasingly popular amongst traders in both the binary and Forex trading markets. According to a representative from the company these options are available on weekends, when markets are closed and offer impressive payouts.
ForexMinute, a reliable online portal for Forex brokers’ reviews, recently reviewed Redwood Options to traders as it believes that this brokerage firm is a good trading module for weekend hours when other binary options trades may not be available for them.
Moreover, as Redwood Options promises for up to 500% returns on the investments, traders are definitely going to choose this. A reviewer at ForexMinute says that One Touch Options from Redwood Options are a way to profit with up to 500% on their investment.
He says that with One Touch, traders are required to reach the specific set price that was designated for the particular asset. Contrary to traditional binary options, in One Touch options traders are required to decide whether the prediction that the site displays will occur or not within a time frame.
The spokesperson for Redwood Options says that traders can understand from this example how One Touch works; he says, “if the EUR/USD closes at 1.35130 on Friday, the Redwood Options platform will offer two options, one for a ‘Call’ meaning that the EUR/USD will rise and reach the 1.38130 rate at least once in the following week, or ‘Put’ meaning that it will fall to 1.32130 at least once in the next week.”
He says that One Touch is all it takes to be in-the-money.
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