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Mean Meme Man |
First of all, they make sense because they are very straight-forward. When you start with binary trading, you are entering into a contract and you know the terms of that contract. That means that you know how long the process is and what the possible outcomes for trading options is.
These are not the case with trading Forex. Furthermore, the payouts for binary options are simply amazing. You can get returns of 60-90% on regular binary options, and these are amazing percentages. These are much higher than the returns you might get with trading forex in the same period of time.
It's also important to understand that with binary options you are investing in the movement of an asset, while with forex you are investing in the asset itself.