What type of trading does 24Option offer?

hey everyone

i saw an advertisement in Forex factory for this broker

www.24option.com

i enter the site

they say their way is better than Forex

and only you just need to have your position to be wining only one pip to recieve the whole profit

and the trade has an expiry time

and a lot of weird things

can any one help me and illustrate

that's an options broker, not for spot trading. if you can't tell the difference between the two, than you probably shouldn't be trading at all at this point.

and no, i highly doubt that they said "better than forex" especially since the currencies fluctuations is one of their "instruments" or "options" that they offer.

get a better understanding of how forex works and the various markets before messing around with brokers. actually know which market you want to be in first before you choose the so called "better" one.

If it only has to win by one pip, then it is binary options.
Basically you bet that at the expiry the price will be higher or lower than it is now.
I believe that with most brokers, if you are right you get back your stake + 75 or 80%
If you are wrong then you lose your stake.

hello there..i am trading on binary option for about 2 years its not simple as they told u!!!
i must be understanding forex behivour and must build your own
strategies.without these conditions and without pro level i suggese u
do not touch this or any forex instrumants...anyway this your call
take care.
p.s
i have forum here in forex factory u wellcome to come and watch
eitan.