Being busy talking about the community, the Binary Option platform is said to be able to get high profits in an easy way. Binary Option is one of the online trading using foreign currencies (forex). Various parties also argue that Binary Options and Forex Trading are the same as gambling. So, what is the difference between the two?
Quoting from various sources, Binary Options only predicts or guesses the price of an asset. Up or down within a certain period of time determined by the binary options platform. At the beginning of playing, traders register first and then make a deposit with a predetermined amount.
The trader selects the asset to be guessed, then enters the capital that will be bet. In the game, the trader guesses the price of the asset for a specified duration. If it is true, it will make a profit, if it loses the trader must release the capital at stake.
While forex trading is an investment platform in Indonesia. Instruments that are traded are only the currency value of one country against the value of another country's currency.
Investors must choose an official broker registered with the Commodity Futures Trading Regulatory Agency. The broker will teach beginners how to read the currency movement chart for beginners.
Choose a broker first, then investors must deposit the initial forex trading capital to buy the currency the trader wants. In forex trading, profits and losses depend on the value of the selected currency.