Finally, most of the brokerage firms that provide services of binary option trading have heard the requests of their own traders and created this kind of option. Every trader has an exclusively original and unique approach to binary option trading. Thus, it happens that the types of binary options, their expiry dates and conditions of profit-taking offered by most brokerage firms are not entirely suitable for trading. Moreover, every trader tries to create his/her own system of binary option trading.
Constructor options are specifically designed to meet all the traders’ preferences and allow setting up their trading terminal for their own trading algorithm.
There is a fundamental difference between the Constructor option and other types of binary options. Such difference is the absence of the fixed income. The trader himself specifies the level of profit in this option. In such a way, you can also change other parameters of the deals that may seem less appropriate for your trading style. Of course, certain restrictions on the timing of expiration do exist, but they typically are in the 30 minutes to 24 hours range.
In general, the profitability of the Constructor option is no different from other types of options, ranging from 70% to 85%.
In fact, this type of option is a great solution for the selection of your own parameters for your own style of trading, as well as for existing trading strategies for binary options available on our website. You can learn more about a great selection of these strategies here.
Besides, by using the Constructor option, you can set up your trading platform for using third-party trading signals.
You can find out more about the brokerage companies that offer Constructor options in our rankings.