A binary option is a document that requires one party to pay the other party a certain sum of money if its [the other party’s] financial forecast is justified beyond a predetermined period (by the outflow date). If the forecast is not justified – the second party loses the amount equal to the kind sense (premium). This financial instrument has a fixed sense, known in advance the outflow time of the legal and the amount of potential profit. The amount of income from an option legal is 60-80 percent of its sense, but there are also transactions that give a profit of one hundred percent (the more difficult the forecast and the higher the risk – the greater the profit). A successful forecast, at the same time, provides the trader with a return of the invested amount and, accordingly, the profit. An unsuccessful forecast, respectively, entails the loss of investments. When commercing binary options, the software platform displays the profits that the trader can provide. Separately, it should be emphasized that in fact, they are quite a legal way to earn money in the financial mart. In principle, you can read reviews about binary options on various forums, or just google on the topic. It is significant to understand the essence, as well as choose the right tactics and right place to trade (there are scammers). To date, you can count a few dozen brokers, the main product of which are binary options. It is considered that binary options commerce is one of the most uncomplicated ways to trade in the mart, since it involves commerce in the short term, and operates with high profits. It is not surprising that such operations are widely popular among traders around the world.
Speaking about the advantages of binary options over other commerce instruments should be mentioned: