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Forex
Is Forex a binary trading?
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[QUOTE="Kingstone, post: 146097, member: 48456"] Sometimes I get confused by the two forms of trading and I believe they are different. What is forex trading and what is binary trading? I began the world of trading using Volatility indices 75, which I believe is Binary trading. In this form of trading, I can determine how much I am willing to lose by setting a stop-loss before or after placing a trade. Mostly, I set it before placing a trade and can decide to shift it to the positive side if I place the right trade. Also, this form of trading can be traded 24 hours every day unlike Forex trading (foreign exchange trading) that only allows 5 days a week, excluding the weekends. I could not set my leverage on Volatility as it is done by the brokers. So my trades are affected by the leverage. This is another major difference I have seen with Forex trading. What other major difference do you know? [/QUOTE]
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