Russian-based forex broker Alpari said on Wednesday it has expanded its binary options offering with shares, oil, and stock indices.
The broker’s clients can now trade in binary options on the shares of leading international companies, including Apple, Google and Face book, as well as on the indices S&P, Nikkei 225 and FTSE 100.
In addition, the broker offers binary options trading on forex and spot metals. Trading is available via the BinaryTrader platform.
Alpari introduced a special type of trading account for binary options, alpari.binary, in December 2015. It is available for clients from Europe and the Commonwealth of Independent States (CIS), which represents the countries from the former Soviet Union.
Binary options accounts can be opened in US dollars (USD) or Euro (EUR). There is no minimum deposit amount required for this type of account, while the payout rate could reach 100% of the investment. More details about the trading conditions of the alpari.binary account follow:
Binary options trading is a type of trading where investors guess whether the price of a certain instrument would go upwards or downwards within a pre-determined time frame. Once the time is up, the option is deemed expired and the bet is settled. Depending on the bet, a trader either collects a profit, or loses funds. This type of trading is among the fastest growing investment segments. It is easy, fast, and does not require deep knowledge, which makes it perfect for novice traders.
In addition to binary options, the broker specializes in forex trading and also offers trading in metals and contracts for difference (CFDs).
Alpari, set up in 1998, has offices in Russia, Saint Vincent and the Grenadines, Mauritius, and the UAE. The group companies are Alpari-Broker (Russia), Alpari Ltd (Saint Vincent and the Grenadines), Alpari International Ltd (Mauritius), Alpari Ltd (Belize), are registered with and regulated by the relevant regulatory bodies in Belize and Saint Vincent and the Grenadines.The broker has also applied for a license in Russia.
The group used to operate a UK-regulated branch, which went insolvent in January 2015 after it faced exceptional volatility and extreme lack of liquidity as a result of the EUR/CHF collapse.