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What are binary options. 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. Trade binary options with just a $250 deposit! Binary options are financial instruments that allow you to speculate on price movement of the underlying market (e.g., gold, oil, the dollar, the euro, etc.).
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Binary Options have different names like all or nothing Options or Digital Options. A binary option is a financial exotic option in which the payoff is either some fixed monetary amount or nothing at all. What are binary options? How can you get into and set appropriate expectations?
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