What is the difference between Binary option and Forex

We are going to look at the difference between binary option and Forex here.

Among the many Forex users, Binary options are popular now because it is low risk to trade as below.

It depends on the price change.

Profits. Loss.

Leverage.

Short time. Trade time. Long time.）

You can avoid the high-risk trade because the profit is stable!

You cannot get consistent profit with Forex because of the price changes.

It is the image like you buy when it is cheap and sell it when it is high.

The more balances you make, the more profit you take.

If your timing is proper, you can make a substantial profit in a trade.

While the profit is constant in binary option and even the balance does not matter.

Even if it slightly exceeds the threshold, it is judged.

Therefore, you do not have to target a fluctuation to make a stable profit.

Also, the dividend rates are fixed beforehand so that you can get profit regardless of the price changes.

Loss = Bet; you can manage your budget efficiently!

You can make an enormous profit in Forex, at the same time, you may lose a considerable amount of money.

Your loss increase in proportion to the balance.

In binary option, the maximum loss is the ticket which you bought.

No matter how the balance is broad, you never lose more than tickets.

If you acquire the knowledge how much you may lose beforehand, you will get the idea of the risk and trade.

The risk management is easy after your loss without leverage

There is leverage in Forex, but binary option is not.

When you use leverage, you can trade more than the money you put into your account.

“Leverage” is the word for the rates.

The balance is important in Forex.

If you want to get the maximum profit, you need to use leverage in your trade.

However, there is a catch here.

Your profit just may not gain, but also the loss inflates as well as a proportion of the leverage.

A Forex company presents you very high leverage; 888 times.

If you use it, your win makes 888 times profit.

If you lose, on the other hand, the loss is 888 times.

When you make a profit, the leverage is crucial, while it belongs the risk that your loss more than your bet.

A binary option is entirely for beginners because traders can take profit without the fear of the risk.

All you need to do is just wait once you bought the ticket!

You need to calculate the balance in Forex,

You can finish the trade after you make enough balance to take profit.

Even if your balance goes to the minus, you also can end the trade before the loss inflates more.

Let’s think the situation more in-depth.

If you cannot make the balance for a while, the trade period takes a long time to target the timing.

You may waste a long time even if the balance is not broad.

On the other hands, binary option set the trading time.

The period is short.

It finishes in a minute to take a certain of profit.

These have both pros and cons.

In the term of the constant profit without a massive risk, you can start binary option more easily.