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A binary option, sometimes called a digital option, is a type of option in which the trader takes a yes or no position on the price.

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Binary options are an alternative way to play the foreign currency (forex) market for traders.A binary option is a financial option in which the payoff is either some fixed monetary amount or nothing at all.

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On forex or interest rate markets, they are called digital options.To determine the main conditions for obtaining profits on the binary market - the trend of the future movement of the asset quotes, there are many.

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