Detailed Guide to Various Aspects Linked to Binary Options
In today’s financial market, every person is keen to trade in the binary options. Amongst all the options available for financial trading, the binary options are being widely preferred by the traders, owing to the unique feature of delivering quick results in short timeframes. Binary options contracts are a type of trading technique where a trader has to predetermine the price, either increase or decrease, of the underlying assets. There are two types of binary options – cash-or-nothing and asset-or-nothing. In cash-or-nothing, the traders get a fixed amount of currency after the expiry date of contract if the predetermined price is correct. While in asset-or-nothing, the traders receive cash for the asset traded.