Binary Options Trading Forex
As you all know this web page is intended to be an on-line resource for people thinking about trying Binary Options as an alternative to make some extra income. People, just like me, that without any or very limited previous involvement with options trading decided one day to make extra income using Binary Options.
So, Today I would like to take some time to clarify some concepts that can appear confusing for some people, particularly, from the information
available on the Internet.
These are Binary Options and Forex.
What is Binary Options ?
(from wikipedia : “Binary Options is a financial option in which the payoff is either some fixed monetary amount or nothing at all�)
The origins of Binary Options can be traced back to 2008 when the U.S. Securities and Exchange Commission approved the offering of binary options as an investment instrument available for trading.
Since then, Binary Options has widely spread over the Internet and has already become an important source of income for many traders worldwide. This has been possible with the significant improvement in trading platforms software, offered by brokers, that makes this trading alternative extremely easy to understand and use by anybody.
So, how is forex trading linked to Binary Options
First of all, foreign exchange market or forex, is a global market where currencies are traded.
Forex is also one of the contributing elements to the success and popularity of Binary Options when they became available on this platform. Today you can see the currencies pairs, like EUR/USD, EUR/GBP, etc., available on any trading platform for Binary Options.
I hope this clarify for your these important concepts, binary options and forex, and understand how are they interconnected.
Hey LO, thanks for the clarification. My readers often ask me the differences between Forex and Binary.
What broker are you rating #1 right now?
Thanks for your comment John
To answer your question, I personally consider IQ Option the best choice for beginners. Services available with IQ Option present a good opportunity for anybody fresh in BO to be familiar with BO trading itself and online platforms without making a significant investment.
Please see my Brokers reviews section for more detail. https://incomewithbinaryoptions.com/brokers-reviews
I like a lot your web page
IQ Option is a good broker in my eyes; I never had problems with them so far… I also like their trading signals and bot..
Thanks for your comment Kevin, I actually share you opinion about IQ Option
quitting binary option and pausing your trading with the markets basically because of recent failures? Well i was at the verge of giving up but on the other hand i understood that giving up wasn’t an option. Only then did i meet this professor of mathematics whom offered me all i needed whom i now consider to be my mentor. Thus giving me directions and focus today i have device a means which has earned me so much profit beyond my imaginations. Well if you are faced with same challenge, here is your breakthrough. And if promised profit after trading binary options,and lost the lot? Did you know you can get your money back? Ask how via google mail @ laurettaelmer216
On the contrary, Thanks to you Pete. It is good to have people’s comments and feedback being shared here, and I am glad when that helps people somehow