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You are getting familiar with binary options more and more now and you are aware that binary options are getting in popularity over the past 2 years. Let us take a look at what is the difference between forex and binary options. This way you can evaluate which is better for trading and starting mor easily.




FOREX VS. BINARY OPTIONS

Lets take a closer look at differences beetwen these two…

1. Forex trading is much more professional enviroment and does not allow you any mistakes that is why more then 90% of the traders fail and lose money in forex market. When on the other hand binary options are more simple and easily understandable for people that are new to the whole thing.

2. With binary options you have predefined profit and it can be even upto 90% in rare cases the profit can go up to 400%. With forex you are your own judge and there is no predefined values because you can open and close trade at any time you desire and aswell the profits can be aswell higher but it much more riskier.

3. Binary options are more safe when it comes to trading because you already know at the start how much you can lose or profit and also if you lose you can get some back because of the safety refunds that brokers are offering you. There is no such thing in forex, when you lose, you just lose.

4. Binary options gives you more assests to trade with then in forex which means you are not limited only to currencies but you can make predictions in stocks, indices and commodities aswell.

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