GrandCapital has a proprietary binary options trading platform that offers somewhat different types of binary options than what traders are probably used to. With GrandCapital, traders have options to choose between contracts for trading that already include clauses that help them better manage the risks. One of such instruments is the American option.
In financial literature an American option is the one where option can be closed even before the expiry time. With this type of option, traders get somewhat different return profile that depends on the time the contract was open. This means that returns aren’t fixed.
Other type of option offered with GrandCapital is the European option – this is closer to the highlow option we all know. This one has a fixed expiration period that cannot be changed. The American option can be considered as a binary option with embedded risk management tool known as the early close. European binary options offer higher returns. Obviously both types of options have the Put and Call version, depending on the assumed price direction.
There are also binary options called double touch options . These options work in a way that the customer defines the price channel and are very similar to the boundary/range options that some platforms offer. Other type also offered by GrandCapital is the Breakout option that is similar to the touch options.
GrandCapital also offers a range of market reviews and analysis, according to their duration. They also have an economic calendar and other pricing and analysis tools that can help traders while trading. Trading platform can be tested by asking for a demo account.