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binary options are financial options that come with one of two payoff options: a fixed amount or nothing at all. That's why they're called binary options—because there is no other settlement possible. Traders place trades based on whether they believe the answer is yes or no, making it one of the simplest financial assets to trade, silver binary options . The premise behind a binary option is a simple yes or binay option no proposition: Will an underlying asset be above a certain price at a certain time?

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Due to the simplicity of the trading mechanism, it is tailored to the needs of an exceptionally wide range of traders. binary options is a great niche in the financial trading vertical. This ensures the high popularity of binary options compared to other instruments.

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The potential return for binary options at IQ Option can go as high as 95% . For digital options , it’s not only the direction of the price that matters but also the price distance from the opening price . Your return on each trade is fixed and predetermined when you open a trade. That is, all you need to do is assume whether the price of the asset will go up or down, and if your forecast was correct, your deal is considered profitable. The outcome of the binary options trades depends on the direction of the price .

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