V8options trading platform is provided by TradeSmarter and offers many professional tools for managing risks and increasing trading efficiency. There is an average number of assets offered, however, the sheer number of features that allow for trade modification and upgrades is enough to boost profits even without extraordinary portfolio choices. V8options supports trading several binary options types – high/low, 60 seconds, and weekend options/ StrategiX offers even more choices.
V8options also has something called weekend options – these options are offered during the weekend and expire on Tuesday. They allow traders to hedge their positions that were opened before the weekend. Since, as we have seen, especially in the euro zone crisis, many important decisions are made during the weekend, this is a good way to protect one’s profits.
The double up is a great tool to increase profits in the event that it is very obvious the price direction is going in the way trader is expecting. In order to increase exposure and get more returns traders can click the Double up button where available which may help increase profits.
Sell back is a tool for the opposite situation – if it looks like the choice of the price direction was not a good one, the customer can sell back the option to the broker, suffering a lower loss on the value than if it had ended out of the money. Also, if the price development is favorable, but something happened that can affect the outcome, sell back enables the customer to take the profit that is lower than the one expected, but in any case better than ending out of the money.
Traders can also choose the level of risk exposure for options and adjust the payout in order to be sure the position they are entering presents a fairer assessment of the risk. In cases the risk is set to low preference, customers can salvage up to 15% of the original investment when the binary option ends out of the money.
Hedge feature will do just the expected; it will create another trade with opposite direction that will offset losses in case the original one ends out of the money. In case traders need customized charts to analyze the data, V8option platform offers many choices to do this. Overall it is an advanced solution for experienced traders, as well as for beginners.