Position Management

Early close

Early Close feature empowers traders to proactively close positions before their expiry, potentially leading to reduced profits or losses. This feature provides traders with increased control and the ability to implement various hedging strategies with our binary options. Additionally, it allows traders to manage potential losses by closing positions early, giving them a greater degree of control.

To initiate an early close for a position, there are 3 ways.

• Clicking ‘Close’ on an open position in the ‘Trades’ tab directly below the chart.

• Clicking on the ‘Close at’ button on the ‘Trade’ vertical tab.

• Click button X of the trade on the chart.

In-chart management

This feature elevates trader flexibility and user experience by enabling the execution of various actions directly from the trading view chart:

For market order:

• Early close directly from the chart

For Limit Orders:

• Edit order terms, including trigger price, timeframe, order expiry, and even trade direction (Up/Down) before execution.

• Cancel Limit Order.

• Drag Limit Order to edit the Strike Price