An overview of the Stockpair trading platform
We took a look at this most popular of pair options trading platforms by opening an account and trying out the trading platform for this new StockPair review. We were pleasantly surprised by the experience. The Stockpair trading platform offers a unique take on binary options trading and is a very welcome addition to the lineup.
Binary stock pair options are simple trading instruments that allow you to make trades based only on the relative performance of two assets. For example: Which will do better over the next day, Gold or Silver? It makes no difference whether the market is going up, down or sideways. All that matters for a trade on the Stockpair trading platform is which one of the pair is gaining more? Or losing more? It's all about the relative performance of the paired underlying assets. A great example from current events is the NASDAQ versus Apple. Apple is listed on the NASDAQ but for many months now has fairly consistently outperformed its parent index. And this has held true in both up and down market conditions. With Apple gaining 2% when the NASDAQ gains 1%. Or Apple losing only 0.2% when the NASDAQ shed a full 1%. Indeed, Apple has been an outstanding money maker for many using the Stockpair trading platform for awhile now.
Many people find that the Stockpair trading platform is easier to get the hang of and therefore more profitable for them than regular binary options. Most of those have reported that they found the transition from plain vanilla stock trading to the Stockpair trading platform quite natural and intuitive. One of the biggest advantages of the Stockpair trading platform is the amazing ability to precisely structure your own risk/reward ratios while also controlling overall risk with pinpoint accuracy. We were amazed at the complex strategies and risk control procedures our trader was able to construct employing multiple stock pair options trade at once. The Stockpair trading platform is great because it can cater to people from total beginners to expert professional traders. Regular binary options simply do not offer the kind of flexibility that the Stockpair trading platform offers.
Lets look at a few examples straight from the Stockpair trading platform itself shall we?
This image from the Stockpair trading platform is of the "Floating" contract type. The returns on this type of contract can range all the way up past 300% on some trades. It is dependent mostly on how far the two assets have diverged from each other and in small part on prevailing sentiment. You can't see the chart for this trade but CBA has been outperforming WBC by a wide margin on the day of this trade. The divergence between the two has grown pretty large and the contract will expire at the end of the day. Therefore a bet on WBC at this point will stand a very high chance of finishing ITM (in-the-money) but return only $120 for every $100 invested. On the other side going with CBA on the Stockpair trading platform is a relative "long-shot." But if it is successful, it pays off big with a return of $279 for every $100 invested.
In an example of a fairly closely matched stock pair we have the commercial banks CBA and WBC. Though you can't see it in this picture these two assets have tracked very closely over the last few days. As a result, the Stockpair trading platform offers nearly equal returns for the two assets on pair options expiring at the end of the day. Were you to click over to Week, or Month you would see the payout rates offered change based (partly) on how these two assets have tracked over the last weeks, or months respectively. The Stockpair trading platform offers such an extensive combination of assets and contract types that one can nearly always find the exact payout structure that they might be looking for. It's really quite impressive. The contact shown above is of the "Floating" type. Now lets take a look at one of the "Fixed" pair option contract types.
Since we had previously mentioned the highly successful Apple trade-which has been working for many on the Stockpair trading platform lately-we though we would show what's going on there. This is actually a very long dated option, at 150 days. Stockpair is the only binary options broker we've tried that offers such long-dated options. Again, more flexibility from Stockpair. And that's why we love this broker and the Stockpair trading platform. So many choices with over 80 underlying assets to choose from, floating or fixed contracts, and wide range of choice for expiration times. This combination just allows for so much more flexibility and more intricate strategy than "regular" binary options. Though we love those too. In fact, it is now true that some of the firms in the BOTSchool.net top 10 binary options brokers list are offering some pair options trading capability to their platforms. This trend is in its infancy and the offerings of other brokers comes nowhere near that which is offered by StockPair. We do, however, fully expect this trend to accelerate and eventually other brokers will likely catch up to StockPair. For now though they are leaps and bounds ahead of the rest of the pack.