What are Binary Options?
Binary options are a clever financial instrument that allow people to make a simple ‘higher’ or ‘lower’ bet on the financial markets. And a bet it is – as much as brokers like to position themselves as an investment option you are effectively participating in a fixed odds casino. Get it right, and you will recive a fixed return on your stake – generally 70, 75 or 80% depending on the instrument and market conditions.
Get it wrong, and you lose your entire stake.
Binary options are classed as ‘exotic options’, with the most common being a…
from Forex Trading Co – Currency Markets Explained: Tips, Strategies + More For Online Traders