Short answer: NO. Binary options are designed to pay you 70-85% if you guessed correctly, but take 100% of your investment if you are wrong. Since in the long run you will probably be right only 50% of the time you will come out a loser come hell or high water, because the odds are stacked in favor of the house. On top of that many online binary brokers have their operation in Cyprus, which has weak financial regulations and virtually no consumer protection to speak of.
Nope they are not. Infact most of the binary options are a scam and many of the people I know lost their hard-earned money into this mess. My own dad lost a fortune even though he took a tutorial from http://amzn.to/1ynhZSe but these things don't really matter. don't fall into binary option traps because you can't really win them.
Should I give it a try?