Swiss Forex broker Dukascopy has just announced a set of changes to binary options trading conditions, with enhancements ranging from increased payouts to extended time duration for up/down options.
For starters, the company has expanded the Up/Down options maximum duration from 60 minutes to 24 hours, in a move to please fans of longer-term options.
Also, maximum contract amounts have been increased twofold and are now equal to maximum instrument exposure. As a result, the order amount limit is $10,000 per option.
Payouts have been hiked for Daily Stock options and Pair Binaries. Base payouts are now set at a high of 80% compared to 70% before the change.
Dukascopy regularly enhances its binary options offering. For instance, in October last year the broker added Pair binary options to the lineup of trading instruments.
You can view the announcement from Dukascopy by clicking here.