Why Choose Binary Options over Forex?
What makes Binary Options more appealing than Forex?
Binary options and Forex trading
were first introduced publicly on major exchanges as trade-able financial
instruments back in 2008.
Both platforms gained
momentum and started making their way into the mainstream of the electronic
trading arena due to the markets’ deregulation caused by the sub prime mortgage
crisis in the US that triggered the collapse of the global financial system.
That is when the demand for
lower risk profile investments became available to the average trader.
Binary Options offer high profit returns and they are quite easy to
trade. When trading Binary Options you only have to predict whether the price
of an asset (Gold, Apple Stock, Dollar vs. Euro ratio) will increase or
decrease from its current price over a
certain fixed period of time; Hence the word Binary (Bi = two). Numerous strategies based upon trends were formulated to achieve that goal.
Forex trading (short for Foreign Exchange or trading with Currencies) involves speculating (I
like calling it guesstimating) that
the value of one currency will increase or decrease compared to another,
in an attempt to make a profit sometime in the future. You are not bounded by time,
which means you get to choose when to close a certain position. But, does
anyone really know the best time to do so? Only retrospectively!
The second most important
element of comparison between the two trading platforms is Margin (Leverage). Margin
allows you to increase your investment capital; hence you can make a larger
trade and therefore a larger profit if your trade is a winning one. This option
is only available in Forex and as you can imagine holds numerous risks alongside
higher potential revenues.
I can already see the sparkle
in the form of dollar signs in the eyes of those cavaliers who consider this
option to be an advantage… to those I say: weigh your options thoroughly by considering the following:
With Forex you never know what is the maximum
profit or loss you can make on a trade; whereas, in Binary, before you make
your trade you will know exactly what is the payout and loss return percentage
that you will get for a particular option, when it expires. In addition there
are no trading costs in Binary as opposed to Forex.
So Enter www.optionaffiliates.com today and start earning your bread with dignity.
Or talk to me at: saarl@optionaffiliates.com
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