The naysayers who discourage Binary Option trading just don't make sense.
Every type of trading involves risks, and investors should fully understand those risks. But here at least your risk is fixed, defined, and transparent.
Granted, unless you are novice looking to gain a cheap education it probably shouldn't be your primary trading tool, but it's a great way to take advantage of market movements.
I think many of the traders out there discouraging others from trading Binary Options are just frustrated by their own limited and biased experiences.
The simple truth is that Binary Option trading is both a cost effective educational tool and gateway to more sophisticated trading for those looking to enter the markets, and a relatively efficient way for advanced traders to take advantage of swift market movements and rough, longer-term divination alike.
While you fight tooth and nail over each PIP, I make hundreds of dollars each (and every) day on one or two simple trades, involving just a couple hours of work.