The foreign exchange market is one of the most dynamic and
exciting trading markets but as such it is also a very volatile market
that often experiences peaks and falls. It is estimated that trillions
of dollars are traded on forex every single day.
Binary options provide an opportunity to take advantage of the forex market but doing so in a simpler and more secure way. All a trader needs to do is determine the direction of the rate of the currency pair they are trading for a potential fixed return. The win and loss potential are predetermined so the risk is minimal.