Looking for a creative, simple, affordable and profitable way to trade? Then traditional trading is no longer suitable for you. Online trading should one of the kinds that can be taken into accounts in contributing to your investment or trading efforts. Binary options, is a way that rewards can be given in terms of a settled amount of assets or none. The system is simple and it is divided into two primary types, i.e. cash or none and asset or none.
The option of getting cash or not, means that the payment of rewards is made when the expiry date is due. It can be cashed while the status of investment or trading is in-the-money stage. The advantage of this digital trading is that the potential return is known even before order is made. This can be purchased online on the available financial products. The duration can be decided by the investor accordingly, being in the short or long scheme. It is normally offered for certain length of time ranging from half an hour to one hour in the future and even up to the closing day of the trading process.
How does it work? It is as simple as betting for a soccer game score. Take for instance this case. You put fifty bucks on the bet if your favorite team wins. The binary payoff is five hundred dollars. When your team wins, you will receive $500 USD. But if you lose, none will you get.