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Usually a European style option, a binary option has only two outcomes: where the payoff is either some fixed amount of some asset or nothing at all.
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DEFINITION: A binary option is a type of derivative option where a trader makes a bet on the price movement of an underlying asset in near future for a fixed amount.Binary options 5 minutes expiry definition. Trade, effectively leaving the next hourly. % points minute binary options trading campbell top binary need two minutes.
Trading Binary Options is highly speculative and carries a level of risk that may not be suitable.