A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results. If your prediction is correct, you receive the agreed payout. If not, you lose your initial stake, and nothing more. It's called 'binary' because there can be only two outcomes – win or lose.
To start, let's be clear: you can make money binary options trading. It's definitely possible to generate a consistent profit. Smart traders do it every day, executing binaries in everything from oil and gold to stocks and currency pairs.
We at Forex Wealth Masters Global have put our own system in place for binary trading with an amazing 20% ROI per day! We use a series of complex algorithims to work out the best per minute binary option and execute your trade automatically all in Real Time. Our system has been backtested sucessfully and is running 24 hours per day 7 days per week on our monitored accounts.