Trading spot Forex has become really popular the last few years. Especially since the entry threshold is low and the Forex brokers try to make it look real easy. Anyone that have tried their hand on any type of trading knows that it not easy.Personally I think trading is one of the most difficult ways of making money. The reason I say this is that it needs some serious dedication to sit for hours every day for months and just study the markets. There are so many things to learn that thinking you can make it with a few hours here and there will eventually end you up with an empty wallet. So trading spot Forex is definitely not for everyone.You need passion to succeed.
However, if you like trading but do not have the time to spend for various reasons, a good alternative is Forex Binary Options. You can trade all the major currency pairs and even some lesser known ones at some Binary Options Brokers. Most brokers will offer a wide range of currency pairs, so there is very little chance you have to stand by the sideline due to lack of opportunities. Forex Binary Options is probably the one with the most choices of all underlying assets available. In comparison to Stock Binary Options, Index Binary Options and Commodity Binary Options they are also available during 24 hours of the day. There is always a Forex Binary Options that you can trade.

Trading Binary Options with spot Forex as the underlying asset is much easier than trading the currency pair itself. Not to mention Forex Futures, which are also very complex and have some dangerous features as well. With Forex Binary Options you always know how much how much you can make and how much you can lose on each trade. Sure, you will say, in spot Forex I will just set a Stop-Loss and I am protected. That’s what you thing, in reality, if price drops dramatically and there is no quote at the price you set your Stop-Loss on, it will not be executed. What will you do then? If price went against you might lose your entire account in just a few minutes. That’s not so fun is it? With Binary Options, and options in general, that’s not possible. You can never lose more then the price of the option, or investment amount as the these Binary Options Brokers call it. If you have paid $1000 for you option than that’s what you can lose.
Another aspect that I like is that I know in advance the amount of money I will make. With spot Forex you can never know. You might make $20 or $2000. If you look at the return and compare it to the risk, Binary Options is a clear winner.One spot Forex mini lot will set you back $1000 in margin. If you spend that on a binary option you will get $800 if you get the direction right, no matter if it’s 1 pip or 100 pips In-The-Money.All this in just a few minutes of trading. Imagine making that kind of money with spot Forex trading. Almost impossible I would say.
The conclusion is real easy to make,Binary Options rule!