Common comparison error
Similar barrier names do not establish identical Path dependent binary option payoff, window, frequency, refund, or Binary option.
A contract whose outcome depends on what price does during the observation period, not only where it finishes.
Similar barrier names do not establish identical Path dependent binary option payoff, window, frequency, refund, or Binary option.
Read Path-dependent binary option together with No-touch option, Binary option, Call/Put binary option. The comparison must preserve the exact rule, value, state, and evidence described below.
Two levels in Path dependent binary option sit at unequal distances from spot. Tickets retain distance, time, payout, and No touch option so the geometry remains comparable. The result is classified under Path dependent binary option because what happens between entry and expiry matters, not only the final recorded value.
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.