A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results. If your prediction is correct, you receive the agreed payout. If not, you lose your initial stake, and nothing more. It's called 'binary' because there can be only two outcomes – win or lose.
Aside from the simplicity of its 'yes or no' proposition, binary options trading is also very flexible. It gives you the ability to trade:
Trade on underlying markets that include forex, stock indices, commodities, and more.
All market conditions
Predict market movement using up/down, touch/no touch, and in/out trade types.
Take a short-term or long-term view with trade durations from 10 seconds to 365 days.
Earn payouts up to 50,000 USD. Losses are limited to your initial stake and nothing more.