The most common type. Traders predict whether the asset price will be higher or lower than the current price at expiration. A correct prediction yields a payout.
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The simplicity of binary trading often comes at the cost of flexibility—there’s no leverage, partial closing, or advanced order types.
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Trading binary options is a relatively simple process, especially for beginners. Follow these clear steps to get started and improve your chances of success:
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Why it matters: Helpful support can resolve issues quickly and improve your overall experience, especially website if you’re new.
Understanding the various types of binary options can help traders choose contracts that best match their market outlook and risk tolerance:
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Why it matters: Regulated brokers operate under strict guidelines and are monitored by financial authorities, reducing the risk of fraud.
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Clear Risk and Reward: Your potential loss is limited to your initial investment, and potential profit is known in advance.
South Africa’s regulatory body for non-banking financial services. It oversees binary options brokers serving the African market, promoting fair practices.
Despite their simplicity, binary options carry important risks and limitations that traders should understand before participating.
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