Forex vs. Binary Options
Learn the difference between Forex and Binary Options trading.
The Benefits of Binary Options Trading Over Forex Trading
Forex trading is considered a riskier investment mode than binary options trading, in part because you never know the potential risks or maximum profits. While there might be the chance of a higher pay-out, there is certainly a higher potential for loss. The benefit of binary options trading is that before making any trade, you already know the exact pay-out rates as well as percentages of potential loss on any completed binary options trade. This allows you to balance the risks involved with trading much more sensibly.
In summary, the maximum loss with forex trading can be much greater than the invested amount, and can be incurred much quicker than incurring losses while trading binary options. Additionally, forex brokers typically charge a commission or “spread” per trade, which can quickly add up if a trader prefers to trade in volume. That being said, Binary Brokerz charges no spread or commissions on trades. (CHANGE THIS LAST SENTENCE, BECAUSE WE DO CHARGE COMISSIONS AND FEES).