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Trading Basics

What are Binary options?

Binary trading generally gives traders the chance to choose between two different possible outcomes for a specific product (in its most common format, whether a given product will increase or decrease in value); although in practice someone trading binary options will have the ability to make further choices regarding the outcome of their trade. Unlike many other forms of trading, with Binary Options you cannot lose more than you put down on a trade, with the potential risk/reward clearly being stated prior to the beginning of the contract. That being said, it is possible to close a trade before its given expiry time, with the profit or loss level consequently higher or lower than originally expected.
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