Some binary options brokers offer web-based trading platforms that supports either binary options trading or traditional forex trading, or in some cases both types of trading. These web platforms can sometimes be web-based versions of classic desktop-based platforms like the MT4 and MT5, or they can be trading platforms that are designed from scratch to only be used in a web browser.
Binary options used to be very popular among traders, but the popularity of it has declined somewhat as a result of crackdowns on the industry from regulators around the world. Today, regulators such as the European Securities and Markets Authority (ESMA) has outright banned binary options trading within its area of jurisdiction.