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At the money payout

nissimnissim Posts: 3 ✭
in Brokers
Hi guys, I'm struggling to find in T&Cs of the big brokers who's paying at-the-money trades and who isn't (if the close price equals the execution strike).
I know binary.com consider at the money a loss (have an account there already), trying to figure out about the others.
Any help will be highly appreciated...
10X
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Comments

  • OkaneOkane Posts: 1,282 admin
    Hey. Most big brokers have live chat and you can ask them!
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  • nissimnissim Posts: 3 ✭
    penny128 said:

    not all the firms pay out

    can you elaborate please? I asked 24 and iqoption and they told me they pay back at the money
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  • OkaneOkane Posts: 1,282 admin
    nissim said:

    penny128 said:

    not all the firms pay out

    can you elaborate please? I asked 24 and iqoption and they told me they pay back at the money
    Yes personally I know 24Option pays back your investment on an ATM result!
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  • illodillod Posts: 49 ✭
    All in all, I think it's only just not to pay money in such cases. In my opinion, you've already lost money in this scenario.
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  • The_Geek_MHThe_Geek_MH Posts: 860 mod
    Well, it depends on how the option are sold to you... if the trade is be higher than the strike price than at the money is a loss, it's not higher. some brokers will consider this a push and make it no win, no loss but in most cases its just a loss.
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