Do not invest more money than you can afford to lose.
Offshore binary options brokerage Olymp Trade said on Tuesday it has increased the expiration time of options contracts to up to 23 hours. The new expiration period is offered for all currency pairs, Gold, Silver and CryptoIndex.
The maximum time period at which a trade can be opened differs and depends on the selected instrument.
The broker noted that when choosing a long-term option, traders should be aware that it should be closed no later than one hour before the end of the trading session of the selected instrument.
Investors can start trading with Olymp Trade via live or demo accounts.
The broker has developed its own proprietary web-based trading platform for binary options in the financial markets.It offers access to more than 60 trading assets, including CryptoIndex, an index for cryptocurrencies, which it launched recently.
Olymp Trade, set up in 2014, is a trading brand of Seychelles-registered online binary options trading service provider Smartex International Ltd. Its main market of operation is Russia. The broker is not regulated under any jurisdiction, but is an A-Category member of Hong Kong-based external dispute resolution (EDR) organisation Financial Commission (FinaCom), which ensures its clients access to up to $20,000 compensation in case of dispute.
