Forex basics

Forex basics

A binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all. While binary options may be used in theoretical asset forex basics, they are prone to fraud in their applications and hence banned by regulators in many jurisdictions as a form of gambling. Many binary option outlets have been exposed as fraudulent. The use of the names of famous and respectable people such as Richard Branson to encourage people to buy fake «investments» is frequent and increasing.