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In simple words, Binary Options are predictions made on the market behavior of a certain good, index, currency, and so on. The trade expires from anywhere between one hour and a month depending on how long the investor chooses to hold the asset for. The investment amount is up for the investor to decide, with some platform allowing a maximum trade of up to $20,000 per single trade!Binary options are a new financial product that unlike his predecessors, has interesting features such as One Touch, Option+ and a predetermined payout as well as no need for software, downloads or extra courses required for investors to trade on this type of web-based, user-friendly platform. This new form of trade is a simple mechanism where an investor has only two choices, will the price of the asset increase or decrease in value? Unlike the purchase of stocks, bonds and other instruments, you are not required to have expertise or any technical analysis knowledge as with Forex Trading.
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