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    Binary options

    Binary Options

    The history of binary options can be traced to 2008 when it was first introduced publicly as a tradable asset on the Chicago Board of Exchange (CBOE), that could be traded on its own in the major exchanges.

    The main benefits of binary options trading are:

    • Higher Return on Investment Regardless of the underlying financial asset you decide to trade on, your expected rate of return can reach up to 85% on any single trade.

    • Predetermined profit and loss Before you even place your binary options trade, the risk and reward are already known. What this means is that you are taking a calculated risk and have the ability to know up front precisely how much you can profit. Unlike CFDs, there is no risk of leverage involved. Therefore, you are not risking any more than you invest.

    • Ease of Use It doesn’t involve any complicated calculations or math formulas. Specifically designed trading platforms allow you to choose between possible outcomes: “Up” (also known as ”Call”) or “Down” (also known as “Put”). That’s all there is for you to determine. If your prediction is correct, you earn a fixed amount.

    • No commission