Binary Options Trading Software Development

Binary options contracts offer defined risks and clear outcomes. They are considered ‘binary’ because there are only two possible outcomes at expiration: you either make a predefined profit, or you lose the money you paid to open the trade. This makes it easier for you when deciding whether to trade, as you know exactly how much you could lose if the markets move against you. And if they don’t, you know the exact size of your potential profit, making this a controlled, yet exciting way to trade. 

For example, suppose an investor bets in a binary option on a rise in the price of gold from $1,840 to $1,850 within the next hour. Assuming at the end of the hour the price of gold does indeed rise to $1,850, the investor receives a payout, which is predetermined. However, if the price of gold remains at the same level or declines, the investor loses all of the money invested in the option. The main advantage (and disadvantage) of binary options is their simplicity and clarity. An investor does not need to predict the exact price of an asset, only its direction (up or down). This makes binary options clear and accessible even for beginners - that is a plus. But guessing the direction of price movement in the short term is quite difficult - that's a minus.