WHAT IS BINARY TRADING?
What is binary option trading?
Binary option trading is a type of fiancial instrument whereby you make predictions
about the future price of market-traded underlying assets, such as commodities,
stocks, indices, and currencies. With binary options, you are simply predicting if the
price of an asset will rise above or fall below a certain point, within a set timeframe.
Binary option trading differs from traditional trading in a number of ways, but most
notably in the following areas:
- When trading binary options you are not purchasing physical stock or ownership of a company.
- Returns are fied and pre-determined, so you know exactly how much profi you will make before
you commence trading. - Trades are short, normally lasting from between 10 minutes to an hour, although there are also
different binary option products, such as One-Touch, that allow you to take long positions on an
underlying asset. - With binary options you can profi regardless of whether an underlying asset is rising or falling in
price. - With binary options there are only two possible outcomes: your prediction is either correct,
whereby you make a profi, or your prediction is incorrect whereby you lose all or most of your
initial investment.
Hey there, fellow traders! Let's delve into the fascinating world of binary trading and explore what it's all about. Binary trading, also known as binary options trading, involves predicting whether the value of an asset will rise or fall within a specified time frame. It's a simple yet potentially lucrative form of trading that appeals to both beginners and experienced traders. Now, if you're looking for a reliable platform to engage in binary trading, I would recommend checking out the fbs broker review. While it's not exclusively focused on binary options, the review provides valuable insights into the overall performance and features of the broker. It covers aspects like trading conditions, customer support, and regulatory compliance, which are crucial when choosing a platform for binary trading. FBS Broker has gained a reputation for its user-friendly interface, diverse range of trading instruments, competitive spreads, and reliable order execution.