Binary options are simple fixed reward contracts.. A trader has the opportunity to gain either a fixed profit or fixed loss. Binary options offer the traders a simple “Either of the two” choice. They are designed to keep trading very simple.
Binary options can have only two possible outcomes, e.g “Up or Down”. The fact that there are only two outcomes possible is why they are called “binary”. Binary trading is very popular because of its simplicity and easy to operate by anyone. Binaries are the future of online trading.
The simplest binary trade is a Call or Put binary option.
If you think the price of something (Crude Oil for example) will rise or fall in the next 1 hour? If you think higher you “call” and if you think lower you “put”. You will either win your trade and get your return (up to 90% in some trades) or lose the amount risked up front. One hour later your binary trade reaches the expiration time. At this time you are either in the money or out of the money.
It is very simple – Binary Options Trading is designed to be simple and easy to trade for everyone!