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[Razor1911]

Both forex and binary option market are based upon same chart and price action movement. But the nature of both the platform in entirely different.

In forex, you buy a position, and hold it until you think that the price action has reached limit. The profit depends upon the market movement and the no. Of pips you will able earn.

While binary option is more like a gambling business where you take a guess whether the market will go up or down in a specific time. And hence the risk in option trading is comparatively high.

 

[Brain]

Finally, I've learnt the major difference between the Forex trading and Binary trading. I have always just heard of the two being mentioned simultaneously, but I never knew the in-depth difference. I will definitely opt for Forex trading as it is based more on logic than binary trading which is more of a gamble and speculative in nature. Also, I googled and binary trading has been banned in my setting which gives me no leverage. Many people have lost their value in binary trading because it depends purely on speculation to earn.

Yeah binary trading is mere gambling of luck and there's nothing logical about the form of investment so it is better that one go for one you know isn't about greed and learn properly how it is done which forex trading is in this category. Anything luck with investment is one gsmbling with the hard earned money. One need to choose wisely when getting into any investment.

 

[ashim kate]

I think that's the difference between them is definitely clear. I will prefer to trade forex market because the price is there can go in trends and as such it is easier to predict. In the binary options market it is more like you are making a wild guess and that is a kind of trading that I will not normally like to go into.

 

[Ononivami1]

I will go with forex anytime any day. Binary option is gambling and it's even worse than the sport betting where you would have access to many options. Whether a win, a lose, both team to score etc. Binary option just have two options to choose from. It's either up or down, win or lose. I'm forex, you will have access to all the tools needed to pull successful trades.

 

[Brain]

I will go with forex anytime any day. Binary option is gambling and it's even worse than the sport betting where you would have access to many options. Whether a win, a lose, both team to score etc. Binary option just have two options to choose from. It's either up or down, win or lose. I'm forex, you will have access to all the tools needed to pull successful trades.

i don't think binary gives one the option to win even because the system is like auto set whichos for the users to lose money. So however you work with it you are on the probability of losing money but forex trading is a lot better. With the right skills and experience you can scale through just learn and research more before indulging.

 

[Inaciotrader]

I am also into forex trading. It might seem a bit more complicated initially, but you have better chances of profits once you get a hang of it. Especially with a reliable broker like Fxview or Pepperstone. The transactions are more transparent and you will know what to expect based on your investment capital. The risks involved with forex trading can be negated with proper risk management, practice and caution.

 

[BALABALA111]

Never tried that binary motive and I don't think I will I will stick to my forex because I understand it the most and based on your explanation the binary stuff is not like I'm really I don't like I'm behind believe in what I can understand to some extent or totally completely but some extended believe what I can understand and Forest give you a loaf of understanding the market at large

 

[kaycee001]

Forex trading is more preferable to binary option because forex gives room to study the market and know when it is convenient to trade and with basic fundamentals and strategies one can minimize loss but binary option is based on gambling which gives a 50 50 chances of making profit or loss

 

[Kubiat-Abasi]

Inasmuch as Forex trading is
largely andhighlyy unpredictable and demands highly technical skills, I still prefer it over Binary options. Binary option is a no-go area when it comes to making money, unless you want to part away with it. Binary options is just typical is similar to hyip sites, where they offer your mouth-watering profit with minimum duration of returns on investment just so you could fall vulnerable to their dubious plot. It is best to divert your attention to worthwhile earning sites which requires little or no investment.

 

[ashim kate]

I absolutely do not believe in the binary option trading and whenever I see people doing it I just see it as more of guessing and gambling instead of prediction based on facts. You are much more likely to make money if you are trading the forex market or stock market done if you are going to be going into binary options.

 

[dorcasy]

I have happen to gain exposure on both platform and I can't really distinguish which is preferable to me.
If you trade binary options you will know that it's a quick way of making money and also losing money.
Forex on the other hand just need a good strategy and set up to hit the set target.
I will still go with binary options since I am not a fan of spending hours on chart.

 

[Marcelino1]

Options trading is more like gambling and it is very risky even though I have seen people who are making some good amount of money from it. Forex trading on the other hand, is quite more profitable when compared to options trading because it involves a lot of analysis and if you have proper knowledge of technical and fundamental analysis you probably make a lot of profit. I think forex trading is much more better than options trading and more dependable also.

 

[Wisdom01]

Options trading is more like gambling and it is very risky even though I have seen people who are making some good amount of money from it. Forex trading on the other hand, is quite more profitable when compared to options trading because it involves a lot of analysis and if you have proper knowledge of technical and fundamental analysis you probably make a lot of profit. I think forex trading is much more better than options trading and more dependable also.

i think on option trading you are predicting is particularly for the price of a coin or currency to get a particular price , although it's not gambling ,if you are very good in trading ,no doubt option trading could be very profitable for you to try out ,many have used option trading,and it's working for them

 

[Marcelino1]

i think on option trading you are predicting is particularly for the price of a coin or currency to get a particular price , although it's not gambling ,if you are very good in trading ,no doubt option trading could be very profitable for you to try out ,many have used option trading,and it's working for them

That's actually true. what works for a person may actually not work for another person. I don't have much knowledge about options trading because I have not seen a good number of people trading it. The few people I have seen said that it is profitable more but at the same time, it is very risky. I still think Forex trading is much better than it.

 

[Ofonime]

I dont really know how binary trading work but I think that forex trading is well preferable I have trade forex in the pass and I have seen positive result in it and I do beleive that if someone have a good and working strategy I think he can make alot of money from forex its all depend and left for you to have a good working strategy which you can trade with.

 

[Lobardi]

Both are Risky And Both Are Not Easy To Understand So You Can Say That things went up in each direction can cover in the other direction and that's the truth to be honest actually in my opinion and that's how you succeed as well to be honest in my opinion because its the way to success actually moving forward .

 

[Ofonime]

Both are Risky And Both Are Not Easy To Understand So You Can Say That things went up in each direction can cover in the other direction and that's the truth to be honest actually in my opinion and that's how you succeed as well to be honest in my opinion because its the way to success actually moving forward .

Both are risky not doubt but I think that binary is very risky than the forex market because the forex market if you have the knowledge and the skills to trade well you can easyly succeed and I dont think that binary can fetch someone money like forex thou I have not really tried that.
But I have tested certain functions in the forex market and I have made some good amout of money so the first thing is for you to learn and know how to do good analysis then your trade can be a successful one.

 

[Wisdom01]

That's actually true. what works for a person may actually not work for another person. I don't have much knowledge about options trading because I have not seen a good number of people trading it. The few people I have seen said that it is profitable more but at the same time, it is very risky. I still think Forex trading is much better than it.

I think both are very risky and it all depends on how the specialist invest in the market ,based on the little idea I have about option is that ,for instance let's say you stake $60 and predict xrp would reach $1 and at the end it get to $1 ,if it gets to that range ,you would get the required profit that have been stated in the platform I think

 

[Marcelino1]

I think both are very risky and it all depends on how the specialist invest in the market ,based on the little idea I have about option is that ,for instance let's say you stake $60 and predict xrp would reach $1 and at the end it get to $1 ,if it gets to that range ,you would get the required profit that have been stated in the platform I think

it depends on how knowledgeable and strategic you are whether you are trading Forex or options. Some people say that options trading is more like gambling and I have also seen someone who said that he was able to finish his education because of options trading. It is all about strategy probably.

 

[Ivanr01]

Binary trading and forex is better suited to the people that have a big heart and lots of patience because it is not for people like me and one must nor take such risks and also not make others if one doesn't like a business niche .

 

[MayorKayz]

I would not say that binary options is gamble. Since we don't see forex trading as gambling.
It is the same way that a forex market chart is study so as binary options is. I would say that binary options is better than forex once we can study the market well.
As for me I do make profits with binary options with bitcoin using 30 minutes time frame. My predictions is not always right. But I don't always lose my second predictions.