0x12 in binary options
Foreign exchange trading, often called forex trading is a system where an individual trades different currencies from different countries against one another. It can be done through an online broker, who then secures the traders position in the interbank market. When the trade is placed, the potential payout is unknown by the trader. When the trader closes the trade, the broker finalizes the position on the interbank market and any loss or gain is determined by how much the currency moved in price.
In binary options trading, traders can select to trade options across a wide variety of assets, including foreign exchange, stocks, commodities and indices.