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Forex options What are binary options and why is it so popular?
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Question by: Leia - 17 Aug 2017, 08:04:29
What are binary options and why is it so popular?
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Answers (2)
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Answer by: Samantha - 23 Aug 2017, 00:54:03

A binary option, from its name, is a type of option with two choices: either you profit or you lose. It is popular because of its simplicity and fast-paced nature.

avatar user 12866
Answer by: Anthony - 11 Sep 2017, 03:26:04

Binary options are also known as “All-or-nothing” options because it pays you either the full amount of your bet or nothing at all. Many people like binary options because it gives you a 50-50 chance of profit. In other words, you can profit instantly if you play your cards right.

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