Joined: 21/11/2015 08:49:09
Binary options are financial instruments that carry some risk. You can buy Binary Options on stocks, major indices, commodities, and currencies. You will be able to make a prediction on what you believe an underlying assets price will be later in the day or even week. Basically, you take a stance on whether or not you think the price will be higher or lower by the time the option expires. If your trade is correct, then you will receive a payout based on your original investment. If your trade is incorrect, then you will lose your initial investment (however some brokers give refunds up to 15%).
Below are some common questions that people have who are not familiar with these financial instruments. This should help clear up any misunderstanding you have right now.