The most common type. Traders predict whether the asset price will be higher or lower than the current price at expiration. A correct prediction yields a payout.
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Expiry Time: The length of the trade — it could be as short as 60 seconds or as long as several hours or days.
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Binary options are time-based get more info trading contracts where you predict whether the price of an asset will go up or down relative to a fixed level — known as the strike price
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Why it matters: Regulated brokers operate under strict guidelines and are monitored by financial authorities, reducing the risk of fraud.
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Clear Risk and Reward: Your potential loss is limited to your initial investment, and potential profit is known in advance.
South Africa’s regulatory body for non-banking financial services. It oversees binary options brokers serving the African market, promoting fair practices.
Despite their simplicity, binary options carry important risks and limitations that traders should understand before participating.
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