difference between Binary & forex trading

This is a discussion on difference between Binary & forex trading within the First Steps forums, part of the Reception category; Originally Posted by joseph1986 Longer you stay with a BO broker the higher your probability of wiping your account, mathematically ...

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Old Nov 24, 2016, 12:03pm   #16
Joined Jul 2008
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Originally Posted by joseph1986 View Post
Longer you stay with a BO broker the higher your probability of wiping your account, mathematically BO brokers know this.....for your own safety go with cfd's or U.S. options
If a person blows an account trading BO then how is trading cfd's or other option types going to prevent an account being blown again?
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Old Dec 25, 2016, 8:44pm   #17
 
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what is more comfortable binary or forex?
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Old Jan 2, 2017, 6:09pm   #18
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I don't know how a binary brokers earn money through, can anyone explain for me about it?
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Old Jan 4, 2017, 4:02am   #19
 
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Hello radaway
I think trade binary option is a scam created for beginners, so I advise you to stay at the spreads as you advice the person that you have answered before me, however the forex has many strategy that work and with A good strict money management, you have success that earn money.
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Old Feb 1, 2017, 10:54am   #20
 
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Originally Posted by radaway View Post
I saw some videos on you tube that advocate binary tradings but dealing with currency pairs. so what is the difference between Binary & forex trading.? in forex trading , there are the same currency pairs acting , so where would binary trading come in ?
One is a scam, the other is regulated by the FCA.
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