Types of Binary Options

Binary options are also known as Fixed Return Options or FROs for the reason that the payout amount is fixed and predetermined. The trader simply has to anticipate the direction of the price of the underlying asset or instrument and decide whether the price would go up or go down without considering other factors.
Binary option is considered to as one of the simplest form of trading. As the payout is fixed the traders are aware of the potential profits or losses.

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