What is the difference between standard and binary options?

  1. TMHughes profile image92
    TMHughesposted 5 years ago

    What is the difference between standard and binary options?

  2. Paul Maplesden profile image78
    Paul Maplesdenposted 4 years ago

    Generally speaking a 'Binary' option is a choice of one of two things, e.g. yes/no, off/on etc.

    I'm not sure what standard options are in this context, but it could be something other than binary (e.g. multiple choice, more than two choices etc.)

  3. bbinary profile image61
    bbinaryposted 4 years ago

    With binary options you have two choices. Either the price goes up or down, and you have to try and predict which way it goes. That is why it is called "binary".
    You can read more about it in our E-guide to binary option trading on http://www.scribd.com/doc/150343456/Ban … ry-E-Book.

 
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