What Is Binary Options Trading All About?
Binary options trading has always been popular, however, this investment fad globally exploded around 2008 or ironically when global economies began to fall. Originally known as digital options, binary or the name "two values" was added to give a simpler explanation for trading options. Binary is defined as two values or up and down movements. Binaries rely on underlying assets or derivatives. You can trade in commodities, the forex (foreign exchange market), commodities as well as stock indices. The popularity of internet binary platforms has literally blemished this trading industry. Internet marketers have flooded the net with deceptive information and products and there are hundreds of fly-by-night brokers who lure investors in with promises of high yields and low output. With this said, trading in binaries can be called the "poor man's" trading opportunities. The payoff is all or nothing and the amount invested can be as low as $100. Binary Options vers...