What is a binary options no-deposit bonus
A profit target can also be used to take profits at a certain price or percentage level, but there is no guarantee that price will be hit. With forex trading you dont know your ultimate risk and profit until you close the trade. But this can also be an advantage depending on your trading level as the fixed risk and profit of binary options offers little flexibility in customizing risk relative to reward.
With the forex market you can customize your potential reward relatively to risk. Binary options typically pay out 60 to 80, but if you lose usually 100 of the money you placed on the trade is gone.