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Forex vs binary option

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Binary and forex, this is the most interested trading business at the moment.
because the system is online and simple, but both are very risky, especially binary.
#166 - August 05, 2020, 03:59:33 PM

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Nowadays,  Forex is definitely a profitable business. The first thing as a newcomer you need to do is learn everything you can about the market . then before you get a real account , get a demo account and practice as much as you can so you will get a better idea about the market. You probably should use the demo account for months. However , if you feel like you are ready , then by all means open up a real account. 
#167 - August 05, 2020, 06:05:34 PM

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forex and binary are both similar because indeed binary is a derivative of forex, but I tend to prefer forex because it has been proven that many forex are successful, even though there are binary traders who are also successful but I still rarely encounter them.
#168 - August 12, 2020, 06:44:34 PM

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Comparison between binary and forex.
binary has its own advantages, as well as forex.
We must be able to choose trades according to expertise.
If I personally prefer Forex, for some reasons, and I'm not very good at binary either.
#169 - August 13, 2020, 02:43:08 AM

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From what I know, there are more successful forex traders than binaries.
Even though the binary trading method is easy, the percentage of profit is not balanced with the loss, if of 10x trades, 5 winning transactions and 5 losing trades, we still lose a lot because we paid the broker discount.
To be able to profit in binary at least 7x trades and 3x losses.
#170 - August 25, 2020, 12:13:52 AM

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I prefer forex because binary is a derivative product of forex, but in my opinion, the trading method is narrower or does not meet the criteria as a real market.
#171 - August 26, 2020, 03:25:28 AM

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forex and binary are one package, there are many similarities between the two but actually we can choose which one suits us better. if I prefer forex because I have been familiar with forex for a long time than binary.
#172 - August 27, 2020, 10:51:18 AM

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I think both are good systematic trading with forex or binary has different characteristics, but if I prefer to choose forex because forex makes more sense for a better long-term trading.
#173 - October 06, 2020, 03:48:07 AM

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I prefer forex more than binary even though in forex the scope is wider but if I try it will definitely produce good results and benefit my finances.
#174 - October 06, 2020, 06:37:38 PM

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don't trade in binary because it is only made by the market maker, it's better to trade in forex and look for a well regulated broker that will be much safer.
#175 - October 15, 2020, 01:28:27 PM

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if you choose binary then you can learn from forex first because binary price movements also adopt price movements in forex and can learn how to technical analysis in forex for binary.
#176 - October 20, 2020, 12:53:59 PM

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i am more inclined to forex, binary i don't understand
#177 - October 30, 2020, 08:09:34 PM

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Forex trading is better because there is no expiration time limit. whereas for binary options you have to choose the trading time and determine how long we trade after we open a position.
This is an unfavorable value for binaries
#178 - November 30, 2020, 11:17:27 AM

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Regarding binary options and forex, they have differences and similarities.
Same in terms of the market used but different in terms of the trading system.

Binary options are simpler and easier but the risk is great and this is very similar if we play gambling options A and B.
whereas forex trading is more of a real trading system that calculates profits and losses based on the percentage of increase and the number of lots used.
#179 - November 30, 2020, 04:26:58 PM

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I also put forward forex which is more flexible in trading transactions, can use short and long-term trading times, and there are no time limit provisions. In addition, forex is safer than binary which has a very high risk.
#180 - December 01, 2020, 12:52:05 AM

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