In IQ Options there are two types of binary options. It is distinguished by "closing time". What is closing time? closing time is the time period when our transaction will be closed. For example, if you choose the closing time of 23:00, then it means that the trading transaction of your trading assets will close exactly at 23:00.
When it's 23:00, then you will see whether the transaction was profitable or otherwise. To determine the closing time, can be seen in the picture below:
If you click on the time (red arrow in the bottom picture) the meal will show the closing time option. Sometimes called EXPIRATION time
