How Binary Options Trading Works
A binary options trade is a type of investment that makes a prediction. The prediction might be right or wrong, but there's no in-between. The investor makes a bet that an asset will be either more or less than a fixed amount at a fixed time.
More From AskMoney.com
4 Reasons to Start Investing in Travel and Hospitality
10 Great Travel Credit Cards
What Do I Need to Start a Vanguard Personal Account?
Which Improvements Add the Most Value to Your Home?
What Are the Biggest Senior Housing Costs to Consider?
What's the Ideal Debt-to-Income Ratio for Refinance on Your Mortgage