Is it possible to make more money trading binary options than trading forex?
Contrast the earnings and risks of binary options trading vs forex trading . Because forex earnings are a multiple of losses, binary options trading is riskier than forex trading. Profit or loss—either way, the effects will be doubled. The standard payment from binary options brokers is 60%, although this may range from 90% to 95% depending on the product sold. The win rate in binary options trading is fixed, but not in forex. Forex trading allows a trader to have more control over their money and risk than binary options. A Forex trader typically makes two to three transactions per day; however, a binary options trader may make up to ten transactions per day, depending on his method and aggression. Binary options traders may trade every 60 seconds by setting the transaction expiry to 60 seconds; however, this strategy is not suggested for novice investors.
