Posts Tagged ‘BetonMarkets’

Hi all,

I found a platform that offers a very impressive range of binary bets on financial products. The good thing about binary bets is that you always know how much you can loss, and how much you can win. There is no in between…

So BetOnMarkets developed a really nice platform where you can set how much you want to win, on what you want to bet and they calculate the price of the bet.

For example: I think that for the next two months the FTSE will not go down below 3600 and will not go more than 4800. So I choose Indices and then boundary bets – barrier range. Now I enter that I wish to win £1000 in the next 60 days (ends on the 31/03) and set the high and the low barriers and click price this bet. I get that the price for this bet is £575, and the net profit could be £425 which are 74% profit. You also get a graph that illustrates quite well your bet.

So I know that I can lose £575 if during the next 60 days the FTSE touches my barriers. This is really nice and they have lots of products like this. In fact this is the first time that I see such range of exotic product for the small trader.

Now if you want to open an account with them enter the word Shares as promotional code and you will get £20 credit. By the way I am going to open the position that I mentioned above.

Have a nice weekend!