Long Term Binary Option is ideal for experienced traders who prefer to put their market knowledge to good use to trade at a wider time frame. By taking into consideration the macroeconomic data and basic fundamental indicators, traders can have their positions open up to 1 year.
Long Term Options involve predicting whether the market will rise or fall within a specified time. The trading process is exactly the same for both Binary and Long Term options:
Select an asset and expiry time;
Specify your investment amount;
Predict whether the market will move up or down.
The difference of Long Term and Binary Options is that expiry time of assets for Long term Options is not on the same day.