Difference In Trading Binary Options Forex?

[beaned.trading]

How does strategy differ when using binary options to trade on forex?

 

[Robert]

Binary options do not require a stop loss or a take profit. I personally not too fond of due to the fact I cannot exit the option (at most bainry option brokers) when ever I want and I cannot benefit from the leverage offered in the spot market. However if you wish to give it a shot ask for a demo account. If the broker tells you they do not provide demo accounts, pressure them a little as I am certain it can be arranged