Can anybody recommend a company to trade binary options for my own account through?
Casino?
why not trade a call or put spread? … in many cases the payoff will be effectively 2-1 for a 1 strike spread at the money with a lower cost compared to a similar “binary” option.
What are you looking to trade on for underlying securities? Like Danv said, stick to something that is liquid. You can synthetically get very near the same result assuming you’re trading something with liquid options. Beyond that, I’ll make a market for you in some illiquid securities…
I’ve seen some FX margin brokers offering this product. I don’t know about equity options though; there aren’t any listed binary options. While you could replicate a digital option with levered call spreads, the cost will probably be unattractive, since you pay commission and probably a spread for each degree of leverage. If you’re just looking to make directional bets using options, it would probably just be better to replicate the option delta using the underlying security.
Edit: Ok just realized this thread is 6 years old. Man.
Ha.