There are many different ways to trade binary options on the OptiMarkets platform. You can choose from Digital, Turbo, Touch, No Touch and Range options. The website is well designed and easy to use. You do not have to download any software to be able to trade with OptiMarkets.
When trading Digital you can choose between the regular High/low also called Put/Call options found under ‘simple trade’. You can also choose auto trade. When you do that you need to choose the number of trades you want to execute and it gets done automatically for you.
Turbo binary options allows you to trade 60 seconds options, 2 min and 5 min options. This is great for people who wish fast returns and with experience in trading various trends.
Touch and No Touch options are also available. It will give you the chance to get paid if the strike price gets to a certain price within a given time frame. Whether or not it stays above or below that does not matter. You get paid as soon as it touches the predicted market price. No touch is the opposite.
Range options are for traders who will predict that a price stay within a certain price range. It is also named boundary options. In a stable market it is a good way to trade binary options. Sideways trends are best traded via range options.
You can not get a demo account with OptiMarkets however there is a trading simulator on the front page. It is not a demo account in traditional sense.
You can download a mobile app for iPhone. It is free of charge and makes it possible to trade on the go.