What are payouts in Binary options? (If you have specific questions you may ask by sending direct messages to this page https:/…

What are payouts in Binary options?

(If you have specific questions you may ask by sending direct messages to this page
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Let us assume that you have initiated a trade with 2000$, and the winning percentage of the position is 80%. The trade closes in your favor, or in-the-money. In this case the payout will be 2000$ + 80% of those 2000$, or 1600$. The total payout of your trade will be 3600$. The max payout you may get is visible on your platform, so you will be aware of the possible outcome at any moment.

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==> Different payout rates for different options
We should note that different options contracts have various payout rates. Basically, if you get a payout rate above the average from one trade, this does not mean the same will happen on the next trade. The payouts will vary between 65% and 90% depending on the trade. If you, however, come across rates, which are lower than those mentioned above, you might want to start looking for another broker. In some cases brokers will allow the trader to get a partial refund in case of out-of-the-money scenario.

The percentages of such refunds are usually quite low. However, some traders might choose not to get this money back, which will influence the potential payout rates as well. The following changes might be seen when choosing the full payout option:

Refund: 70% payout, 15% refund possibility, 85% profit trade.
Full Payout: 85% payout with a 0% refund possibility in an 85% payout profit trade.

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