A type of exotic option that gives an investor a profit once the price of the underlying asset reaches or surpasses a predetermined barrier. Only two outcomes are possible with this type of option:

1) The barrier is reached (or surpassed) and the trader collects the full payout agreed upon at the outset of the contract

2) The barrier is not reached and the trader loses the full amount of the investment.

This type of option is useful for traders who believe that the price of an underlying asset will exceed a certain level in the future, but who are unsure about the sustainability of the higher price. These types of options are becoming increasingly popular with traders in the commodity and Forex markets.

TraderXP will shortly be offering every trader the opportunity to make very significant returns on your money in comparatively short periods of time through trading One Touch Binary Options.

A One Touch Option will be purchasable on, Saturday from 12:00 AM to Sunday 20:00 PM. The Option will be traded from Monday 12:00 AM to Friday 20:00 PM.

The options may only be purchased in the units of prices which are specified on the site. The options will be sampled over a period of five days, Monday through Friday, once a day in accordance with the Reuters 17:00 Sample rate.

The promised payout will be transferred to the client's account on the option' s expiration date (Friday 20:00 Pm), even if the terms of the options have been realized before the end of the period.

The option payout conditions may vary and are shown on the trading box under the "one touch" folder".

For more information see Expiry rate rules.