The most common type. Traders predict whether the asset price will be higher or lower than the current price at expiration. A correct prediction yields a payout.
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Many platforms allow low minimum deposits and small trade amounts, making it easy for new traders to get started without large capital investments.
Underlying Asset: The financial product you’re trading, such as a currency pair like EUR/USD, a commodity like gold, or an index.
While binary options share similarities with gambling—such as fixed outcomes and quick results—they are not inherently gambling.
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After execution, track the trade’s progress on your platform. Some brokers may allow early closure to secure a profit or limit losses—use this feature wisely.
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With expiration times starting from as little as 60 seconds, traders can see fast website outcomes and take advantage of short-term market movements.
South Africa’s regulatory body for non-banking financial services. It oversees binary options brokers serving the African market, promoting fair practices.
Trading binary options involves a straightforward decision—will the price go up or down? Pelo need for complex strategies or timing exits.
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