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The exposure of binary options to the mass market combined with 60 second trading, the appeal of quick profits and known risk has propelled binary options to the forefront of investment trading. Binary options, as the name suggests, is a form of trading that results in one of only two possible outcomes: win, or lose. To better explain, a trader predicts whether the price of an option, such as currency pairs, stocks, indices or commodities, will be above or below the strike price at a predetermined point in the future.

If you win, you will typically make 70-to-90 percent profit on your trade. Its simplistic nature precedes it and is fueling the rapid growth in interest from amateur and expert traders alike.