ASIC Australian Forex Brokers with Binary platform

A few ASIC-regulated forex brokers offer binary options trading with dedicated binary options trading platforms in addition to the more traditional instruments like forex and CFDs. Unlike in many other Western countries where binary options trading has seen a crackdown by the government, ASIC continues to allow this form of trading to be offered in Australia.

Since binary options trading involves making a bet on a binary outcome (you can either win or lose), these instruments are traded in a very different way from traditional trading instruments. The potential profit or loss is always determined before the trade is opened, and it can therefore be argued that it is easier to learn than for example forex trading.