Vanilla options

With ELANA Global trader you can trade currency (vanilla) options on more than 40 currency crosses, including gold and silver.

The vanilla option is an instrument which gives the investor the right, but not the obligation, to buy (call option) or to sell (put option) the chosen currency pair at the price specified by him (the option’s strike) on the specified day (the option’s expiry).

This instrument adds more variance in a range of medium- and long-term strategies for FOREX trading. It can also be used to hedge currency spot positions.

Benefits of Vanilla options:

Automatic exercise on the expiry date
The expiry can vary from 1 day to 1 year
Exercise method – spot position or money
Vanilla options allow for delta hedging
Maximum loss known in advance

Trading conditions

Find more information under Vanilla options trading conditions

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FOREX

ELANA Trading has a 30 years of history on financial markets, offering a wide range of services and markets. ELANA Trading quality service has been recognized by 24 industry awards. The broker is part of the international brokers’ network of US Auerbach Grayson & Co. since 1998 and maintains long-term partnerships with a lot of international financial institutions.

ELANA Trading is part of ELANA group - one of the largest groups in the non-banking financial sector in Bulgaria.

Contacts

Sopharma Business Towers,
Tower B, Floors 12-13,
5, Lachezar Stanchev St,
1797 Sofia, Bulgaria

Phone: +359 (2) 81 000 95
Phone: +359 (2) 81 000 29
Email: globaltrader@elana.net

Regulation: ELANA Trading AD is registered in Bulgaria and is authorised and regulated by the Financial Supervision Commission (Register number RG-03-0030). For your safety and in compliance with our regulations, all clients’ funds are kept separately in segregated bank accounts and are covered by the Investor Compensation Fund Bulgaria. In the unlikely event of default, the ICF Bulgaria compensation is up to 90% (but limited to EUR 20 000) of the client’s funds. Each client will be compensated if the company fails to comply with its obligations to the clients due to its financial state.

Disclaimer: This website represents ELANA Trading with the sole purpose to provide information. The data published on the website is not provided to be used as a background for specific investment decisions. No publication of ELANA Trading should be construed as an offer (or solicitation of an offer) to U.S. persons to buy or sell financial instruments or any financial product, make any investment or participate in any particular trading strategy (collectively “Offers”). No Publication of ELANA Trading should be construed as an Offer (or solicitation of an offer) in any jurisdiction in which such Offer would be illegal. Any such perceived Offer will not be honoured by ELANA Trading.

Disclaimer: The value of your investments can go down as well as up. Losses can exceed deposits on margin products. Complex products, including CFDs and FX, come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. 71.34% of retail investor accounts lose money when trading CFDs/FX with ELANA Trading.

Vanilla options

Benefits of Vanilla options:

Trading conditions

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