Topic: Difference (Read 2748 times) previous topic - next topic

  • Jonzz
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Difference
What is the difference between Forex and Binary? Is there any at all? Anyone willing to elaborate on this?

  • Forex Agent
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Re: Difference
Reply #1
ln Binary you're trading within a fixed time frame and payout. You choose Call (the asset price will go up) or Put (the asset price will go down), then make the purchase. If you choose correctly, you are rewarded the payout.

In Forex trading - contract for difference or spread betting - you buy or sell the asset itself. Your profit or loss depends on how the value of that asset changes before you close the position.
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Re: Difference
Reply #2
Thanks for sharing this useful info here