Best options trading platform in New Zealand

If you are new to the options trading industry, or have been in it for a while, and then suddenly realize that you need to make more decisions, then most likely it is time for you to change your options trading platform. If you have a lot of analysis to do, you need a platform that allows you to extract option quotes, price data and other information in 1 place that you can use without worrying about remembering how to enter your data or how to navigate from one page to the other. You want to do it all quickly and cost effectively.

One of the easiest ways to get an options trading platform for your computer is to install the best options trading platform with all the default settings you want. You don't have to do anything other than enter some basic information to submit or save the area of the website, and you are ready to go.

Our trading platform, like any good site, will provide you with several options to choose from, and you can change the settings according to your personal preferences.

You can change or customize some features to suit your trading needs. 

You can also choose the type of contract you are looking for and how complex it is. For your choice, stocks, options, currency pairs, commodities, etc. Our trading platform provides you with the analysis you need to make the best choice.

For some investors, options trading is a tricky business. They know very little about the market of choice, and they have no experience to be prosperous. In such cases, they will use the platform to track trading indicators and options trading charts. This will allow you to invest according to the characteristics and choose the right decisions for your portfolio. Here are the most common charts that almost everyone uses. 

With the correct graphical analysis, the trader receives important data for making subsequent trading decisions, thereby buying an option will be effective and will allow you to earn the desired profit.

Japanese candlestick chart. One candlestick displays price fluctuations over a certain period of time. If you have a daily chart, then the candlestick will show price fluctuations throughout the day. If the hour - within an hour, the five-minute - within five minutes.

On each timeframe, any candlestick always displays the same information: 

  1. minimum price for the period (Low);
  2. the maximum price for the period (High);
  3. period opening price (Open);
  4. period closing price (Close).

The open and close marks are the framing of the candle, and the band up or down from the body of the candle is called its shadow, or wick.

Popular indicators for chart analysis
Popular indicators for chart analysis

Another popular chart is Moving Average is an exchange trend indicator that displays the average price of an underlying asset over a certain period of time on a quote chart. Its mechanism of operation is based on a mathematical formula, according to which MA averages the price of an asset for the time period specified in its settings and displays the resulting value on the chart.

Also, common is the MACD indicator. Moving Average Convergence / Divergence - a tool for technical analysis of the market based on the assessment of price movements by analyzing the smoothed difference between the similarity / divergence of two moving averages. MACD, in simple terms, is the result of the simultaneous assessment of the market by two different moving averages.

Another indicator ADX - Average Directional Index refers to a number of indicators showing a trend. And therefore, traders using this tool in their technical analysis can easily determine the current trend in the market. It is expressed in the video by one smoothing curve, which in turn displays two instruments at once. And thanks to this, ADX has the ability to show two signals at once, that is, when you need to buy Call options and when Put options.

You should understand all sorts of indicators and charts in order to make the most of the platform's capabilities to your advantage. Start with the simplest ones that we have described, it will take some time, but your strength is in knowledge.

The options trading platform also keeps you informed of all the changes taking place in the options market. For example, new stock options offered by firms are added every day. When you subscribe to the options trading newsletter, you will be kept informed of all the latest developments in the options market. You can take advantage of this advice and make an informed decision about where you want to invest your money. Your job is to find out about all the news before you invest in anything.

Using an options trading platform also gives you the ability to buy and sell options at the same time. This means you don't have to wait for the market to start to buy or sell your own alternatives. Once you have invested your money, you can sell your options right here and now. This makes trading more convenient for many.

Types of binary options? 

A separate type of options is a binary option. Unlike a conventional option, it does not have any asset under the failure, and the object of trade is often the price and its movement.

A binary option is a contract, the subject of which is the forecast of the direction of the price of an asset in a selected period of time. Those. The task is to correctly determine one of the two possible scenarios for the development of the market situation: whether the asset will rise or fall. The contract is limited by the time of its expiration (closing, expiration).

Choose your binary options strategy
Choose your binary options strategy

The modern market offers a wide range of digital options for currencies, stocks, and commodities. By and large, anything can be an asset in this type of transaction, even a weather forecast.

First, the use of binary options is the likelihood of earning income by trading in different markets of the world through a broker. The point is not to purchase an asset (stock, currency, product), but to purchase a special contract with specific expiration dates. All actions are performed via the Internet, the best platform for options trading will have this type of trading.

The main types of binary options are:

  • Option Put-Call. The traditional type of derivative, which provides for the formation of a forecast where the price will be in a specific time period: more or less than the current level.
  • One touch. It is necessary to predict the achievement of a certain price level. Where the costs will be found when the contract is closed, it does not matter; The determining factor is the fact of pumping a given level.
  • Range. The principle of operation is simple, whether the price remains within a certain range or not. If it remains, the trader receives income.

Less known and more exotic are such types of digital contacts as "Spread", "Pair options" and "Ladder".

Binary options - the choice is yours
Binary options - the choice is yours

Profit in operations with digital contracts does not depend on the cost of the asset from the moment of opening until closing the transaction; Its size is the percentage of the bid - the cost of purchasing the option. The percentage of the percentage is indicated in the specification and ranges from 10% to 80%, but the risk in such operations is 100% and not less. That is, if your prediction is not correct, then you lose the entire bet. Therefore, we advise beginners to start with small amounts, or better with a demo account, you can use this service on our platform.

How to start trading options in New Zealand? 

The Exchange is a huge global financial marketplace that allows you to trade stocks, options, currencies, futures and more. While this is an extremely popular market, it can be difficult to get started, especially if you do not have extensive knowledge or understanding of the market and investment strategies. Fortunately, getting started is easy. Finding the best options trading platform in New Zealand will be a good start. You will want to open a demo account to trade until you learn how to buy and sell stocks and other assets.

Registrating on the investing platform
Registrating on the investing platform

Trading options using virtual money on our online brokerage platform is possible for everyone. You will need to register your account on the site, it's free, and then choose to open a demo account with $10,000 of virtual funds. This is not real money, we give you the opportunity to get to know and get better acquainted with the platform.

Here, almost everything is like in real trading: asset charts in the terminal, making buy and sell deals, placing limit orders, conducting technical analysis. The difference from a real account is that profit and loss are virtual. Trading on a demo account is completely devoid of financial risks, as well as the opportunity to earn money. You will have the opportunity to evaluate different approaches without investing real money.

How to open account
How to open account

You can also open a real account and then everything will be for real, both profit and loss. In order to open an account you only need $10 or more if you want to start with a big game right away.

After registration, you will also have access to great advantages of our platform, for example, your own application that will allow you not to be tied to your PC, 24/7 hotline support, video training and much more. Customize the terminal for yourself, use various charts and indicators, try it, and you will succeed!

Once you learn how to trade options in New Zealand, you can start a new career as a trader. You will have a good understanding of what is happening on the market, and you will be able to competently organize your investments.

You will be ready to plunge into the exciting world of options trading as soon as you learn how to do it. Now all you have to do is register a free online brokerage account.

The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose