what is binary.com
Binary.com is the best broker platform for india
Binary.com is a web-based trading platform that offers a variety of financial instruments,
including binary options, digital options, forex trading, and cryptocurrencies.
It was established in 1999 and is headquartered in Malta.
The platform allows traders to invest in financial markets by predicting the future direction
of asset prices and offers a user-friendly interface and a range of educational resources for beginners.
Binary.com operates under multiple regulatory licenses, including the
Malta Financial Services Authority and the UK’s Financial Conduct Authority.
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what is digit trading
Digit trading is a type of financial trading offered by Binary.com, in which traders predict
the last digit of a quoted asset price at the time of expiry.
The quoted asset can be a currency pair, stock index, commodity, or cryptocurrency.
In digit trading, the trader does not need to predict the exact price of the asset, but only
the last digit of the price, which can be 0, 1, 2, 3, 4, 5, 6, 7, 8, or 9.
This type of trading offers a fixed return on investment and a limited risk, as the
trader only needs to predict the general
direction of the market. Digit trading is available on
Binary.com‘s platform and can be traded using its proprietary binary options trading technology.
what is binary option trading
Binary option trading is a type of financial trading in which the trader predicts the future direction of
an underlying asset’s price, such as a stock, commodity, currency pair, or cryptocurrency.
If the prediction is correct, the trader earns a fixed return on investment.
If the prediction is incorrect, the trader loses the investment.
Binary options have a limited risk and reward, as the potential return is known in advance
and the trader cannot lose more than the initial investment. Binary
options are offered by many online trading platforms and are a relatively simple
and straightforward way for traders to invest in financial markets, as the trader only
needs to predict whether the price of an asset will increase or decrease over
a specified period of time. However, binary options trading also involves
significant risk and is not suitable for all investors.