Binary option trading is a simple form of financial trading where you predict whether the price of an asset (like a currency, stock, or commodity) will go up (Call) or down (Put) within a fixed timeframe. You invest a set amount, and if your prediction is correct, you earn a fixed return of 70–90%. If not, you lose the amount invested. It’s called “binary” because there are only two outcomes: win or lose.
BENEFITS
High and fixed returns.
Easy to understand.
Known risk.
Short or long trading timeframes.
Accessible online.
DISADVANTAGES
High risk of losing your full investment.
No control once the trade starts.
You don’t own the asset.
Can be addictive due to fast results.
Training and practice are important before trading.
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