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When trading Double Touch Options you need to set two levels the asset’s price will reach. In other words, you set the channel where the price will fluctuate.
The option has positive outcome if:
The price at the expiration time of the Option is higher than TP
(or lower, depending on the order type)
while the order was in the market, the price of the Option became lower
(or higher, depending of the order) than the order level
For example, Mark thinks that in the next 5 minutes the price of EURUSD pair will fall to 1.1134 and then rise to 1.1213. Mark sets Breakout price at 1.1134 and Target Price at 1.1213 (if the Target Price is not set, it will be automatically set at the current price level). If the prediction is correct, Mark will receive an extra bonus. The bonus amount in this case is calculated as follows:
Number of pips between breakout price and target price
Duration of the contract
Please mind that Double Touch Options are only available for European Options.
Call Option indicates that the price at the expiration time will be higher than the current price.
If you think that the price of the chosen asset will rise, you should buy Call Option.
There are three possible outcomes for choosing a Call Option:
In-the-money. If the price of the chosen asset is higher than than the price at the moment Call Option was bought.
If the price of the contract remains the same after
the Option's expiration you will either get a payout or lose the invested amount depending on the Contract Specification for the chosen asset
Out-of-the-money. If the price of the chosen asset is lower than the price at the moment Call Option was bought.
Breakout Options give you an opportunity to get increased payout for trading the same assets.
Set the price you think the asset will reach in the future and the timeframe for its fall/increase and get increased payout if your prediction is correct.
For example, John thinks that in the next 5 minutes the price of EUR/USD will increase till 1.321 and will not fall back. John sets the breakout price at 1.321 and time field at 5 min. If his prediction is correct, he will receive an extra bonus calculated as follows:
(the asset’s price at the moment the Option was bought
Duration of the contract