Binary options trading has for many years been a popular form of online trading, partly because of its simplicity and easy learning process. To take advantage of that, most binary options platforms are also very simple to use, and even complete beginners will be able to quickly understand this form of trading. Because of this, binary options trading has been a gateway into the world of more advanced forex and CFD trading for many people.
In binary options trading, the trader can profit from simply making a binary choice by betting on either higher or lower prices of an underlying asset. If the trader is right, he will then receive a pre-determined pay-out.