Understanding the Difference between Binary Options and Forex

[sarah2701]

If i would again have to choose between the forex or binary options then i will prefer forex for being evergreen product. Binary options can be good if you find any good broker but still we see a lot many complaints from the binary option traders, maybe it still in it in fancy and require some more time to mature.

But what exactly is Binary option? Although I am trading forex and making good profits.

 

[pashaev]

Cognitive reading. Thanks to the topicstarter.

 

[bigdolly]

I think everyone should choose what they like, and for that you should try both formats, and then you can find what you need. Yeah, it's a waste of time and maybe money, but it's something that you have to do to feel safe for the rest of your career in the market.

Yeah the more you try the more experience you get to make right decision.