• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Forex Vs Binary

Binary serve no technical indicators and traders need to reading chart to point out the next possible movement. Technically, difficult to traders to predict the outcome in accurate way. If traders have no basic knowledge how to trade by reading chart, they’ll tend to guess blindly or just betting.
 
I think I prefer forex instead of binary. For you to profit in binary you have to predict accurately or you'll loose your money. Although good prediction gives you handsome profit in binary.
 
I don't think binary is like gambling. And Forex, binary and lottery is all the same. Every thing in this things are based on logic and calculation. If you are able to crack the calculation, then you can win not only in lottery but also in binary and forex.
 
I don't think binary is like gambling. And Forex, binary and lottery is all the same. Every thing in this things are based on logic and calculation. If you are able to crack the calculation, then you can win not only in lottery but also in binary and forex.
That is truly right, but if we look at deeper sight i think Forex is not same like binary, I see binary as a kind of program that combined Forex and Gamble in same spot, so forex vs binary i will prefer Forex because i can manage risk there well than Binary.
 
When trading Binary Options you only have to predict if the price of an asset (for example currency pair or stock) will increase or decrease from its current price over a certain period of time. For example: The current price of EUR/USD is 1.30850 and you think the price will be higher in the next hour. So you place a “Call” option on EUR/USD and wait to see its price 1 hour from now. If your prediction is right you can make a profit of 80% of your investment.
 
It's a matter of choice of the trader. Even though options is riskier than Forex, there are still so many people who prefer it. For the fact that it doesn't need much time for you to either make profit or loss from it. Moreover, the profit margin is higher than that of Forex.
 
When trading Binary Options you only have to predict if the price of an asset (for example currency pair or stock) will increase or decrease from its current price over a certain period of time. For example: The current price of EUR/USD is 1.30850 and you think the price will be higher in the next hour. So you place a “Call” option on EUR/USD and wait to see its price 1 hour from now. If your prediction is right you can make a profit of 80% of your investment.
It is same like forex we are trying to predict the market price later in certain time that has been set, if the price is higher than we CALL it means profit and vice versa.
Right now i already see binary with less gamble, actually if we look it carefully 80-90% is same to forex. One thing that make difference is that it has some deadline while forex is flexible.
 
The difference is that in forex and stock trading theirs no time limit on our position. But in binary their is. That's why for me if you are good in doing scalping some how you can make good in binary but if you are long term trader I think you will have hard time earning in here.
 
Options trading could be the latest thing in the market, but it’s not right for everybody. If you’re an individual who likes instantaneous gratification and comparatively smaller profits, than it could be a field worth checking out. If you have an interest in forex as a long-term career, then standard currency trading may be a better choice for you.
 
Did I hear you say smaller profit is to binary, I don't see it as so. In options, you can make as high as 80% of your capital just within a state of minutes.

Yes, the same way @budado said, someone who is relatively good at scalping might most likely make out something well when he decides to try out options.
 
Binary is based on 2 choice but not as flexible as forex. In binary there is certain set of time where we will forced to close our position, while in forex we have flexible timing to do that, we can even hold our position for one year if we have enough equity to hold our position that long.
 
I choose forex as forex is a business that actually has many advantages. Instead of binary then I prefer forex. although in binary is there no mc but I remain faithful to forex
 
Binary is not my choice at any cost because i feel that Forex trading is the best option to make money in a consistent way as here we can have the proper control over the business and its not based on gambling and guessing like binary .
 
I have seen binary option trading. And binary option providers always give offers which is better for them. And people don't control over risk reward as it is fixed by them. Now you can see how much freedom you get in forex.
 
In the present world, now Forex is the considered as a best trading place for acquiring money very rapidly. Practically for earning quickly, we the traders have to acquire most powerful analyzing trade knowledge by learning which is the foremost key to success in this market place. But, in reality, without learning by and large traders try to make profit from here.
 
In the present world, now Forex is the considered as a best trading place for acquiring money very rapidly. Practically for earning quickly, we the traders have to acquire most powerful analyzing trade knowledge by learning which is the foremost key to success in this market place. But, in reality, without learning by and large traders try to make profit from here.
 
In the present world, now Forex is the considered as a best trading place for acquiring money very rapidly. Practically for earning quickly, we the traders have to acquire most powerful analyzing trade knowledge by learning which is the foremost key to success in this market place. But, in reality, without learning by and large traders try to make profit from here.
 
For me the Forex trading is the best when compared with the binary because here nothing is depending upon the luck like binary and traders have to be very much skillful to deal with and should have the confidence.
 
I don’t secure and comfortable at any binary option trading , it is too much volatile and Forex trading is most reliable than any binary option trading but I am willing to binary as like the casino.
 
Binary is total gambling what I feel because here we have to guess how the market will act and by what direction it will go but real forex market depending on real skill
 
Top