No-Touch and Double-No-Touch

Examples of No-touch and Double-No-Touch trades

No-Touch

No-touch is the inverse of Touch. In this type of option, you configure a barrier price level at the start of the trade expecting the price to not touch this level at all during the trade term in order to win. The closer to spot you configure the barrier, the higher the payout offered. Below is an example of a No-touch option.

Double-No-Touch

Next we have a Double-No-Touch option also known as a 'corridor.' Here we can configure two barriers, above and below the spot price. Both barriers must never be touched during the trade term for a win. The closer you configure the barriers to the spot price the higher the payout offered. Setting a double-no-touch option offers a higher payout reward than a no-touch because the price must not touch either barrier instead of just one.

Placing the barrier(s) too close or too far away from the spot price will cause the barriers to reset. The trade will not accepted if the barriers are configured in a way that the advertised payoff is less than 10% or more than 400%. Bare in mind that in volatile markets, fluctuations can cause these limits to be breached while you wait for order execution so try and avoid placing trades too close to these limits.