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 Advantages and Disadvantages of Trading Binary Options. One of the newest and most popular derivatives currently offered in the world of currency trading is the binary option. Binary options are simple to trade and limit the risk of the trader’s investment to the amount of money paid to purchase the option. Nevertheless, this type of derivative does not come without its drawbacks, in addition to its many benefits. Binary options are considered an "all or nothing" derivative and are often compared to placing a win or lose bet on a sporting event. The popularity and scope of binary options has grown considerably since becoming widely available for retail trading on online trading platforms. In addition to currency pairs, binary options can now be traded on many major world indexes, commodities such as oil, gold and silver, and the common stocks of many international corporations. What are Forex Binary Options? The binary option is called "binary" because there are on

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