Why Traders Change Forex to Binary Options

Binary options quickly began to take over the priorities of old traders. We decided to find out
who and why is changing the forex market to binary options trading.
 
We asked to send us letters from traders who already trade binary options and who have trading experience. After all, there is always the question of what is better and what is more profitable.

Nikolay M. Good afternoon, I trade both forex and binary options. It hasn’t gone to the end yet, but I think it will happen very soon. The forex broker does not allow me to scalp, I have already tried several. Therefore, binaries are better than the scalping approach.  
Trade4luck   I have been trading forex for about 1.5 years. Now it is completely in binaries, because how to earn and see real money can be much faster.  
Verochka   I trade only on binaries. In general, forex is if you want to open a deal for a week. For short-term binaries, binaries are more convenient.  
Alexey77 . When trading binary options, it is easier to calculate the risks, since the final result is known. It is said that because of the profitability, many poker players also began to trade binaries.  


Conclusion of the editors of Forex or Binary Options: 

 

  • When trading binary options, it is easier to calculate the risks, because the final result is known  
  • Better and more practical use of strategy 
  • Faster result on the transaction 
  • It does not require large investments like forex.  
  • Does not require long training 

There are still a few significant differences in the direction of binaries, at the level of analysis, which we have  not included in the list  

Write us your opinion on the article and on binary options trading and we will definitely add it to the site.  

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