Trading Ruble with Binary Options

GOptions introduces Ruble trading in light of the incredible tumult in the Ukraine. What does this mean for traders and how are they turning profits on it?

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
binary options broker

Goptions.com

In just this last quarter alone, the Russian Ruble has strengthened an overall 9% against the US Dollar. Large sweeping trends with an essence of predictability are driving this long term Binary trade movement.

London, UK (PRWEB) April 07, 2014

Previously classed as an "emerging market currency", the Russian Ruble this year has been growing from strength to strength, sitting just behind the Mexican Peso in daily market trading volume. More flexible and less predictable would be two very strong reasons for the recent emergence into the world market spotlight, with market option leaders like GOptions.com leading the way in terms of offering daily Binary Option contracts to trade, against a plethora of market currency pairs.

Within the platform itself, there are a wide variety of actions all traders may enjoy at their daily disposal. Standard Binary Contracts from 10 minutes long to hourly, intraday and end of day. To Turbo options just 30, 60 or 120 seconds long. Most of the more well rounded traders will certainly take a strong fundamental stance on taking the Ruble for slightly longer term contracts on site, with End of day, End of week, End of month and End of quarter Long term Binary Options trades taking the majority of their attention and available balance.

The reason behind a longer term view is simple, in just this last quarter alone, the Russian Ruble has strengthened an overall 9% against the US Dollar. Large sweeping trends with an essence of predictability are driving this long term Binary trade movement, along with seriously rewarding payout percentages on any given trade.

The GOptions trading platform can also be used to trade Ladder options, extremely useful when trading the Ruble as you have the ability to take out of market prices and play the potential breakouts in motion at the time. Russia and the US as usual are dominating the world news stations, and at this specific moment relations are extremely strained. This creates fantastic pockets of daily opportunities to take on simple Binary Option contracts and profit wildly.

With Russia sitting as the world's second-largest crude oil producer, and the central bank continuing to encourage and create more flexible hedging opportunities, along with Russia's central bank reducing restrictions on its exchange rate policies, this in turn has created quite dramatic, dynamic and wider swings in the currency. Officially, the door has been now opened for avid Binary Options traders to take full advantage, step in with an upfront Risk, and step away with a truck load of short term gains and profit.

With the automated API and algorithmic auto signal technology available via GOptions pro accounts, along with the supremely efficient training and support of the staff, any trader entering the platform can easily slip into a fine rhythm and pick up trades based on Ruble. Truly there has been a wild rush from around the world in order to get involved. Considering most accounts can test out from as little as $1000 there are many more reasons to step in now than there are to step out and away, not to even mention the guaranteed prices and banking from the platform.

GOptions is living up to its branding and image as a true Global Options provider, leading the way for all Binary Options and in fact Options traders in general. Welcoming in a new area of assets to be traded and always staying three steps ahead of the competition. All you need is an opinion and an active account to get started.


Contact

Follow us on: Contact's Facebook Contact's Twitter Contact's LinkedIn Contact's Google Plus