Trading forex with binary options

A binary option is a financial exotic option in which the payoff is either some fixed monetary. Investopedia described the binary options trading process in the U. S. thus: . . If we denote by S the FOR/DOM exchange rate (i. e. , 1 unit of foreign currency is worth S units of domestic currency) we can observe that paying out 1 unit.

What is forex binary options

A binary option is a financial exotic option in which the payoff is either some fixed monetary. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options (FROs) (on the.