According to a recent survey among 57 brokers by the Australian Securities and Investments Commission (ASIC) 80% of Binary Options traders lose money, while the percent with CFD and forex traders is 72 and 63 respectively.
The findings are published in June in a paper titled �Improving Practices in the Retail OTC Derivatives Sector� and come as a warning to all forex, CFD and Binary options brokers in the country.
If there are losers, definitely there are winners. But the thing is, they won't tell you how they become winners.