On demand trading allows a trader to execute an option with a specific duration such as a 30 minute or 1 hour expiration. Most platforms do not offer such a feature, save for short term options such as 60 second or 2 minute options. Our latest approved broker, 365Trading, is one of the few brokers that offers On Demand trading for all of their options. At any moment you not only have the choice of short term options, but also longer terms options of 30 minutes, 1 hour and 24 hours. Many trading strategies necessitate opening a trade at a specific price with a set duration. For example, if I need to execute a 1 hour EUR/USD binary options trade at a certain target price I can only do this on a platform offering on demand trading with a 1 hour expiration. Aside from this important feature, 365Trading also has a low $50 minimum deposit requirement, free demo account, is PayPal friendly and processes withdrawals within 24 hours. See our review for more details>>
Limitations of Most Platforms
One of the big drawbacks to Binary Options trading is the limit to options which are available at any given time. The top 4 platform providers, which are used by the majority of brokers, offer expiration times based on the time of day. For example, if you want to execute a 1 hour binary options call for EUR/USD at 3:50 PM you will have to choose from a selection of expiration times, such as 4:15, 4:30, 4:45 and 5:00. Depending on the time of day and risk level, more or less option times may be available. This is the rule for most standard binary options trades on platforms such as SpotOption, TechFinancials, TradoLogic and TradeSmarter.
Some platforms such as MarketPulse offer on demand trading. Several brokers such as the aforementioned 365Trading and StockPair, have there own proprietary platforms which also offer this feature. The ability to choose the asset with a specific duration at any time is a crucial component for any trader that needs to be able to implement a consistent winning trading strategy.