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Wednesday 27 April 2011

Make Money Trading Currency Options

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Trade currency options on your ICTS Forex Account

GCI now offers online currency option trading from the ICTS Forex trading platform. Buying options provides customers unlimited upside from movements in currencies with limited risk.

Just right click on the instrument rate (on either the SELL or BUY price), and select "Buy Option":




Buying options (calls or puts) on currencies allows the investor to benefit from unlimited upside potential with limited downside risk. The maximum possible loss on option positions with GCI is the price (the "premium") paid for the option, regardless of how much and in which direction the underlying currency moves. In the case of a call, the upside is unlimited and will increase as much as the underlying exchange rate increases, as illustrated below



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The Forex system is a relatively easy one to understand at its basic level but it can also be as intricate as you can possibly imagine. What the system actually is, is a way of trading currency from various parts of the world.

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