The most common type. Traders predict whether the asset price will be higher or lower than the current price at expiration. A correct prediction yields a payout.
These bad actors have exploited the simplicity of binary options to mislead and defraud unsuspecting traders.
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Underlying Asset: The financial product you’re trading, such as a currency pair like EUR/USD, a commodity like gold, or an index.
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Binary options are a type of financial derivative that let traders speculate on the price direction of various assets, including stocks, currencies, commodities, and indices. The term “binary” comes from the two possible outcomes of a trade:
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Whether you’re just starting out or looking to sharpen your skills as an experienced trader, this guide delivers expert advice, actionable tips, and reliable more info tools to help you navigate the binary options market with confidence and safety.
Clear Risk and Reward: Your potential loss is limited to your initial investment, and potential profit is known in advance.
South Africa’s regulatory body for non-banking financial services. more info It oversees binary options brokers serving the African market, promoting fair practices.
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Traders always know their potential profit and loss before entering a trade, making risk management easier and more transparent.