Don't get involved.
P.T. Barnum was right. There is one born every minute.
Binary options are a form of "exotic options" that were created to produce a fixed return and loss on a binary outcome. It started legitimate. However, the way it is now exploited by online binary scams, they have degenerated into nothing more than a quick 5 to 15mins bet on a binary outcome with payouts lower than potential win. So in the long run, you lose... do the math.
basically its a form of trading (you can read more here:http://binary-options-trade.com/what-are... , unlike forex it is much simpler, you just decide on a direction a certain curency/ stock /index will go in a specific time frame you chose (can vary from 60 seconds to several weeks) and in general you either get it right or wrong, doesnt matter how much it went up or down or other stuff like in regular trading its just a simple yes or no - if you got it right you will earn something like 60-90% and if you are wrong you will lose a bit more than that (like 90-05%) - which is how they are making their money.
so basically , a bit risky, but can yieled some nice payouts in short amount of time if you are getting it right
I'm making good profit with penny stock
Check here http://trade-pennystock.checkhere.info
Many new investors are lured to the appeal of a penny stock due to the low price and potential for rapid growth which may be as high as several hundred percent in a few days. Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved but you can even make very big money. These risks include limited liquidity, lack of financial reporting, and fraud. A penny stock is a common stock that trades for less than $5 a share. While penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. In addition, penny stocks include the securities of certain private companies with no active trading market. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated.
It is not investing. It is trading. There is a difference. You are speculating on the direction of the currency or stock index. On a simple level it works like this... Where do you think the Euro is going to be in 60 seconds? Higher or Lower then where it is right now? If you choose correctly you make 60% - 95%
Read more on BinaryEX
I saw online a place saying I can start trading binary options for little money. They said if I deposit $250 they will give me $100. They act like binary options can double my money in a day. When I invest in binary options what am I investing in? I need extra income but feel options are risky. Should I consider binary options and what are they?
