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Underlying Asset: The financial product you’re trading, such as a currency pair like EUR/USD, a commodity like gold, or an index.
One of the first regulators to license binary options brokers. CySEC regulation falls under EU financial laws, offering a solid legal framework for European traders.
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Binary options are time-based trading contracts where you predict whether the price of an asset will read more go up or down relative to a fixed level — known as the strike price
Binary options are a type of financial derivative that let traders speculate on the price direction of various assets, including stocks, currencies, commodities, and indices. The term “binary” comes from the two possible outcomes of a trade:
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Pelo, binary options themselves are not a scam—they are a legitimate form of financial trading. However, the industry has gained a poor reputation due to the presence of unregulated brokers, fraudulent platforms, and deceptive marketing practices.
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Each binary option type carries unique opportunities and risks. Selecting the right one depends on your trading style, market knowledge, and risk appetite.
Why get more info it matters: A broad range of tradable assets gives you more opportunities to diversify and apply different strategies.
Traders always know their potential profit and loss before entering a trade, making risk management easier and more transparent.