The binary options market is not based solely on buying and selling of assets, but rather on buying contracts that predict the behaviour of assets in certain ways. A unique feature of the binary options market is that trades can have ultra short times to expiry. They trade via the internet and have to have enough money deposited in their account in order to buy an option.

The hallmark of these options is that they give traders difficult targets to achieve, but promise very high payouts of up to 400% or eve 500%, depending on the broker used. With binary options the expiry can be as short as one minute with some operators offering timescales down to 30 seconds.

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