• Category: Currencies

EUR/USD - Binary Options Brokers Payout Comparison

Are you looking for the best binary options brokers where to trade EUR/USD currency pair? Find here a comparison table designed to make it easy for you to find the best binary option broker for trading EUR/USD. It contains the payout, the return to loss, contract types and expiration times for every trusted broker listed in the table.

 

Banc De Binary

Binary Options EUR/USD Trading

Trading currency pairs is one of the most simple and dynamic ways that binary options traders can be involved in the trading market. The reason is that the value of currencies continuosly changes, allowing both experienced and beginner traders alike to capitalize on potential profit in this specific area.

One of the most popular trading pairs for binary options traders is the EUR/USD (Euro and US Dollar).  
Everyday, every hour, someone is either buying or selling the EUR/USD. And because of the high trading volume of this currency pair, there are a lot of opportunities to profit from any price movement. Liquidity is very important because it causes prices to change gradually and trends to develop incrementally, so there is low volatility.

BROKERAVG
PAYOUT
RETURN
TO LOSS
UP/
DOWN
TOUCHIN/OUT60
SECONDS
120
SECONDS
SIGN
UP
Banc De Binary 75% No Yes Yes Yes Yes No
24option 85% No Yes No No Yes Yes
anyoption up to 80% up to 25% Yes Yes Yes No No
topoption 80% No Yes Yes Yes Yes No
BinaryTilt 87% No Yes No Yes Yes Yes
StockPair 80% No Yes No No Yes Yes
BancDeSwiss 75% No Yes No No Yes Yes
OptionRally 75% No Yes No No Yes Yes
Eztrader 81% No Yes No No Yes Yes
optionweb 83% No Yes Yes Yes Yes No

 

When trading binary options on the EUR/USD currency pair, the currency pair compares the value of the EUR to the USD. Hence, the Euro acts as the base currency and the dollar as the counter currency.

For example, if the exchange rate is estimated at 1.1500, this means that 1 euro is traded for 1.15 US dollars.

Every price movement of currency pairs is measured in terms of pips. A pip is an acronym of “percentage in point”. EUR/USD is priced to four decimal places. Hence, the smallest change is that of the last decimal point.

While this particular pair has slow movement in comparison to the other major pairs, it is a very good place for novice traders to practice. The relative strength of the US economy and the European economy, which can be tracked through the daily news, generally influence this pair.

TopOption Bonus

Type of EUR/USD Binary Options

These are the usual contract types that can be used to trade EUR/USD in the binary options market.

  • Up/Down: Predicting if the EUR/USD price will go up before the expiration time comes.
  • Touch options: Predict if EUR/USD will touch any strike at its expiration.
  • In/Out: Predict if EUR/USD will stay within two predetermined strike prices.

Factors Influencing Price of EUR/USD

  • Interest rates
  • Employment Numbers
  • GDP growth rate (Gross Domestic Product)
  • Gross Domestic Product
  • Retail Sales, Consumer Price and Producer Price Indexes
  • Sentiment Indicators
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General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. Your capital may be at risk. This material is not investment advice.

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