Alpari Expands Binary Options Scope with 7 New Currency Pairs

Alpari has just announced that starting today the company will be adding seven new currency pairs to its fx.option accounts, the official name used for its binary options.

Trading with them is already available, including such traded currencies on the global Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term markets as USD/CAD, NZD/USD and EUR/GBP.

A notable addition to the currenncy pairs is the inclusion of the USD/RUB, confirming the focus of the company on the Russian and CIS markets. It's also a volatile period for the Russian currency as global sanctions are starting to take their toll on the ruble, with increased Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term for the pair which has recently dropped to record lows.

Here is the complete list of currency pairs added to the Alpari platform:

• NZD/USD - New Zealand dollar to US dollar
• EUR/GBP - Euro to British pound
• USD/CAD - US dollar to Canadian dollar
• CHF/JPY - Swiss franc to Japanese yen
• GBP/AUD - British pound to Australian dollar
• NZD/JPY - New Zealand dollar to Japanese yen
• USD/RUB - US dollar to Russian ruble

The company has also upgraded its mobile trading app for iPhone and Android with more binary options types - spread high/low and option on demand, as well as charts that show the entry point of each deal.

Alpari has been quite active in the ramp-up of the overall binary options it offers to traders, with these developments coming on the back of the recent announcement by the broker that it will be including the Russian ruble as an optional currency for its accounts.