What is Binary Trading?

What is Binary Trading?

Binary trading is the action of placing binary trades. In a nutshell, traders can invest in prices going up or down, or staying within a certain range or reaching a preset value. All of these are variations on a binary trade, and all of them represent examples of binary options trading.

When referring to “trading”, the view is mainly longer term. At this point, the payout level becomes more important. As mentioned, these vary from around 65% to 95% “Amount to be credited to account for a successful trade.” Some more elaborate options can go even higher. These payouts will vary from broker to broker.

Payouts will also change dependant on the asset and the expiry time. Differences can be significant so traders who are looking to use binary options long term, need to shop around to find the best payout for the asset class (or classes) they intend to trade. It will make a huge difference in the long run.