What's the catch with Binary Options?

[Latvian_Dude]

When trading binary options you have to understand that you are traiding against the "broker", when you lose - broker wins, when you win - broker loses. In the long term you are going to lose money because the odds that are always stacked against you like in casino. If you are lucky enough and make money with binary options broker it is a good idea to make regular and small withdrawals. Never trust a "special agent" who is calling form the Binary Options company and offers you to help make money, their true job is to make you lose money, so they can make money. While it is possible to make money trading binary options in short term, I would suggest to look for other less risky investment opportunities.

 

[alaska27]

some traders don't quite like binar options considering them not to be serious in comparison with forex. I also like to trade binar options sometimes - it's fun)