Expiry — Definition for Binary Options
Section: Basics
Definition
The time at which a binary option contract settles. Standard binary expiries on Pocket Option range from 30 seconds to several hours. Shorter expiries amplify the randomness of outcomes.
Concrete example
Example: A 1-minute expiry placed at 14:30:15 closes at 14:31:15. The price at 14:31:15 (to the second) is compared to your strike. Shorter expiries (30 seconds) are dominated by random noise; longer expiries (5+ minutes) reflect actual price movement.
Why it matters
Understanding "Expiry" is essential for Basics on Pocket Option and most binary options or CFD platforms. It appears in the context of option contracts, payouts, and expiry mechanics.
Expiry: practical meaning for Pocket Option users
In this glossary, Expiry is treated as a practical instrument mechanics term, not only as a textbook definition. The useful question is how Expiry affects contract selection, timing, payout interpretation, and the result after expiry. That is why the term should be read together with the current platform screen, account status, and the risk note shown on the relevant guide page.
Expiry can change meaning across product types. In short-term trading, always connect the definition to the visible contract screen and expiry conditions. This is especially important on affiliate and broker-review sites because a short definition can make a feature look simpler than it is. A better approach is to connect the word with evidence: screenshots, transaction history, platform terms, and the exact country or account context.
How to apply Expiry safely
- Find the source: confirm the visible instrument rules on the platform before using examples from another market or broker.
- Separate definition from promise: a glossary term explains a concept; it does not guarantee availability, payout, approval, or profit.
- Use the related guide: follow the internal links on this page when the term connects to deposits, withdrawals, verification, bonuses, indicators, or strategy testing.
Applied example
A careful user reads the definition, then checks where Expiry appears in the actual Pocket Option workflow. If it is part of an account or payment action, the user saves the visible status, reference number, date, and any support reply. If it is part of a chart or strategy decision, the user writes down entry logic, expiry, position size, and the condition that would invalidate the idea.
Common mistake
The common mistake is mixing binary-option terminology with CFD, spot, or exchange-traded option rules without checking the product type. This matters because users often arrive from a very narrow query and need a direct answer, but Google also expects the page to prevent misunderstandings. A concise definition is helpful; a definition plus limitations, examples, and next steps is more useful.