What I Need To Know And Study For Binary Options

Welcome to the largest expert guide to binary options and binary trading online.
BinaryOptions.internet has educated traders globally since 2011 and all our articles are written by professionals who make a living in the finance industry and online trading.

We have shut to a 1000 articles and reviews to guide you to be a more assisting trader in 2022 no affair what your current experience level is.

If you lot wish to discuss trading or brokers with other traders, nosotros besides have the world’s largest forum with over 20 000 members and lots of daily activeness. Read on to go started trading today!

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If someone is challenge to piece of work for Binaryoptions.cyberspace, it is a scam. Read the scams page to ensure you stay protected while trading.

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Forex Binary Options

What Is A Binary Option And How Exercise You Make Money?

A binary option is a fast and extremely simple financial instrument which allows investors to speculate on whether the price of an nugget volition go upward or down in the future, for instance the stock cost of Google, the price of Bitcoin, the USD/GBP exchange rate, or the price of gold.

The time span can exist equally little as sixty seconds, making it possible to trade hundreds of times per day across any global market.

Before you place a trade you lot know exactly how much yous stand to proceeds if your prediction is correct, commonly 70-95% – if you invest $100 yous will receive a credit of $170 – $195 on a successful trade.

This makes risk management and trading decisions much more simple. You as well know exactly how much you will lose on a single merchandise.

The upshot is e’er a Yeah or No answer – you either win it all or you lot lose information technology all – hence information technology existence a “binary” option. The risk and reward is known in accelerate and this structured payoff is one of the attractions.

Exchange traded binaries are also now available, meaning traders are non trading against the broker.

To get started trading you lot first need a regulated broker account (or licensed). Option i from the recommended brokers list, where only brokers that have shown themselves to be trustworthy are included. The top broker has been selected as the best pick for virtually traders.

If yous are completely new to binary options you tin open a demo account with most brokers, to try out their platform and run into what it’southward like to trade earlier you eolith real coin.

Example of a binary options trade

Introduction Video – How to Trade Binary Options

These videos will introduce you to the concept of binary options and how trading works. If y’all want to know even more detail, please read this whole page and follow the links to all the more in-depth articles.

Binary trading does not have to be complicated, just equally with whatsoever topic you lot can educate yourself to exist an expert and perfect your skills.

Choice Types

The most mutual blazon of binary option is the simple “Up/Down” merchandise. There are however, different types of option. The one common factor, is that the outcome will accept a “binary” result (Yes or No). Hither are some of the types available:

  • Up/Down or High/Low
    – The bones and most common binary choice. Volition a price end higher or lower than the current price a the time of expiry.
  • In/Out, Range or Boundary
    – This pick sets a “high” figure and “depression” figure. Traders predict whether the price will finish within, or outside, of these levels (or ‘boundaries’).
  • Touch/No Touch
    – These accept set levels, higher or lower than the current price. The trader has to predict whether the actual price will ‘affect’ those levels at any betoken between the time of the trade an expiryNote with a touch option, that the merchandise can close before the expiry time – if the price level is touched before the option expires, then the “Touch” pick will payout immediately, regardless of whether the price moves away from the touch level later on.
  • Ladder
    – These options deport similar a normal Up/Downward trade, but rather than using the current strike price, the ladder will have preset price levels (‘laddered’ progressively up or downwards).These tin often be some style from the electric current strike price.Every bit these options generally need a significant toll movement, payouts will frequently get beyond 100% – but both sides of the trade may not be available.

How to Merchandise – Step by Step Guide

Below is a step by step guide to placing a binary trade:

  1. Choose a banker
    – Use our broker reviews and comparison tools to observe the best binary trading sitefor you.
  2. Select the asset or marketplace to merchandise
    – Assets lists are huge, and encompass Bolt, Stocks, Cryptocurrency, Forex or Indices. The price of oil, or the Apple stock toll, for case.
  3. Select the expiry time
    – Options tin can expire anywhere betwixt 30 seconds upwards to a yr.
  4. Set the size of the trade
    – Remember 100% of the investment is at risk then consider the trade amount carefully.
  5. Click Call / Put or Purchase / Sell – Volition the asset value rise or autumn? Some banker characterization buttons differently.
  6. Bank check and confirm the trade – Many brokers give traders a chance to ensure the details are correct earlier confirming the trade.

Choose A Broker

Options fraud has been a significant problem in the past. Fraudulent and unlicensed operators exploited binary options as a new exotic derivative.

These firms are thankfully disappearing as regulators have finally begun to human activity, simply traders still need to look for regulated brokers.

Don’t EVER trade with a broker or utilise a service that’s on our blacklist and scams page, stick with the ones we recommend here on the site. Here are some shortcuts to pages that tin aid y’all determine which broker is right for you:

  • Compare all brokers  – if you want to compare the features and offers of all recommended brokers.
  • Bonuses and Offers  – if you desire to make sure y’all get extra money to trade with, or other promotions and offers.
  • Low minimum eolith brokers – if yous want to trade for existent without having to eolith large sums of money.
  • Demo Accounts – if you desire to try a trading platform “for real” without depositing money at all.
  • Halal Brokers  – if you are 1 of the growing number of Muslim traders.

Nugget Lists

The number and diverseness of avails you can trade varies from broker to banker. Virtually brokers provide options on popular avails such every bit major forex pairs including the EUR/USD, USD/JPY and GBP/USD, likewise as major stock indices such as the FTSE, South&P 500 or Dow Jones Industrial. Commodities including gold, silvery, oil are too generally offered.

Individual stocks and equities are also tradable through many binary brokers. Not every stock will be available though, but generally you can choose from about 25 to 100 popular stocks, such as Google and Apple.

Baca juga:  Automated Trading Software Binary Options

These lists are growing all the time every bit demand dictates.

The asset lists are ever listed clearly on every trading platform, and nearly brokers make their total nugget lists available on their website.

This information is also bachelor within our reviews, including currency pairs.

Trading cryptocurrency via binary trades is also booming. The volatile nature of cryptos makes them a popular binary asset. Bitcoin and Ethereum remain the most traded, just y’all tin can notice brokers that list 50 or more alt coins.

Decease Times

The death fourth dimension is the point at which a trade is airtight and settled. The merely exception is where a ‘Touch’ option has hit a preset level prior to expiry. The expiry for any given trade tin range from thirty seconds, up to a twelvemonth.

While binaries initially started with very short expiries, demand has ensured in that location is now a broad range of expiry times available. Some brokers even give traders the flexibility to gear up their own specific expiry fourth dimension.

Expiries are mostly grouped into three categories:

  • Curt Term / Turbo
    – These are normally classed every bit whatever death under 5 minutes
  • Normal
    – These would range from five minutes, up to ‘end of day’ expiries which expire when the local market place for that asset closes.
  • Long term
    – Any expiry beyond the end of the day would be considered long term. The longest expiry might exist 12 months.


While slow to react to binary options initially, regulators around the world are now starting to regulate the industry and make their presence felt. The major regulators currently include:

  • Fiscal Conduct Authority (FCA) – Britain regulator
  • Cyprus Securities and Substitution Committee (CySec) – Republic of cyprus Regulator, often ‘passported’ throughout the European union, under MiFID
  • Commodity Futures Trading Commission (CFTC) – US regulator
  • Australian Securities and Investments Commission (ASIC)
  • Financial Industry Regulatory Authorisation (FINRA)

There are also regulators operating in Malta, Nippon and the Isle of Homo. Many other government are now taking a corking a interest in binaries specifically, notably in Europe where domestic regulators are great to bolster the CySec regulation.

Unregulated brokers still operate, and while some are trustworthy, a lack of regulation is a clear alert sign for potential new customers.


(European Securities and Markets Authority) moved to ban the sale and marketing of binary options in the EU. The ban notwithstanding, only applies to brokers regulated in the EU.

This leaves traders two choices to continue trading: Firstly, they tin can merchandise with an unregulated firm – this is extremely high risk and non advisable. Some unregulated firms are responsible and honest, but many are not.

The 2d option is to use a firm regulated by bodies outside of the EU. ASIC in Australia are a potent regulator – merely they will not be implementing a ban. This means ASIC regulated firms can still accept Eu traders. See our broker lists for regulated or trusted brokers in your region.

There is as well a third option. Traders who register as ‘professional’ are exempt from the new ban. The ban is simply designed to protect ‘retail’ investors.

A professional trader can continue trading at European union regulated brokers such as IQ Selection. To be classed as professional, an account holder must meet 2 of these three criteria:

  1. Open 10 or more trades per quarter, of €150 or more than.
  2. Take assets of €500,000 or more
  3. Have worked for two years in a fiscal firm and have experience of fiscal products.

Strategies and Guides

We have a lot of detailed guides and strategy manufactures for both full general educational activity and specialized trading techniques. Below are a few to go you started if you lot want to learn the bones before you start trading. From Martingale to Rainbow, you can find plenty more on the strategy page.

  • The best binary options books
  • Goals for New Binary Traders
  • Binary Options Jargon Yous Should Know
  • How to Become a Binary Options Millionaire
  • Trading times
  • How to Trade Stocks
  • Simple Strategies for Newbies
  • The Subsequently Hours Trading Strategy
  • The Unproblematic Balanced Organization
  • Trader Beware! Is That A Tool Or A Strategy?
  • Introduction to trends and timeframes
  • Tendency analysis for brusque term traders
  • Three Tools All Traders Should Know
  • How To Trade Butterfly Patterns
  • Binary Options Markets

Signals and Other Services

  • What should you look for when searching for a strategy, arrangement or service?
  • Even Good SSP’s Aren’t Worth Your Time

For further reading on signals and reviews of unlike services go to the signals page.

Beginners Guides

If you are totally new to the trading scene then watch this great video past Professor Shiller of Yale University who introduces the main ideas of options:

Educational activity for beginners:

  • Lesson 1: Best Time to Merchandise
  • Lesson 2: Tools for Trading
  • Lesson iii: Trading Breakouts using Pivot Points
  • Lesson 4: How to Use the Fibonacci Tool
  • Lesson 5: Risk Direction
  • Lesson 6: Variable Binary Options
  • Lesson 7: How to Postpone Expiration Times
  • Lesson viii: When Not to Trade
  • Lesson 9: Going Mobile
  • Lesson ten: Using the FX Helpers Organisation
  • Lesson 11: Using the FX Turbo Marksman Indicator
  • Lesson 12: Analysing a Merchandise

Types of Trades

  • Touch/No Bear upon
  • Target Bet
  • Ladder Bet
  • Tunnel Bet
  • Loftier/Low

How to Set Up a Merchandise

The power to trade the different types of binary options can be accomplished by understanding certain concepts such as strike cost or price barrier, settlement, and expiration date. All trades have dates at which they elapse.

When the trade expires, the behaviour of the toll action according to the type selected will make up one’s mind if it’s in profit (in the money) or in a loss position (out-of-the-money).

In addition, the cost targets are key levels that the trader sets as benchmarks to determine outcomes. We will see the awarding of price targets when nosotros explain the different types.

At that place are three types of trades. Each of these has different variations. These are:

  1. High/Low
  2. In/Out
  3. Affect/No Touch

Allow u.s.a. take them 1 afterward the other.


Also called the Up/Down binary trade, the essence is to predict if the marketplace price of the asset volition end up higher or lower than the strike price (the selected target price) earlier the expiration. If the trader expects the price to go up (the “Up” or “High” merchandise), he purchases a call pick. If he expects the price to head downwards (“Low” or “Down”), he purchases a put option. Expiry times tin can be as low as 5 minutes.

Please note: some brokers classify Up/Downwards as a dissimilar types, where a trader purchases a telephone call option if he expects the price to rise beyond the current price, or purchases a put pick if he expects the price to fall beneath current prices. You may encounter this as a
Rise/Fall blazon on some trading platforms.


The In/Out blazon, also called the “tunnel trade” or the “boundary trade”, is used to merchandise cost consolidations (“in”) and breakouts (“out”). How does it work? First, the trader sets two price targets to class a price range. He then purchases an option to predict if the price will stay within the cost range/tunnel until expiration (In) or if the toll volition breakout of the price range in either direction (Out).

The best way to use the tunnel binaries is to use the pivot points of the asset. If yous are familiar with pivot points in forex, and so you should be able to trade this type.

Touch/No Touch on

This type is predicated on the price action touching a price bulwark or non. A “Affect” selection is a type where the trader purchases a contract that will deliver profit if the market price of the asset purchased touches the set up target toll at least once before expiry.

If the cost action does not touch the cost target (the strike price) earlier death, the merchandise will end upward as a loss.

A “No Touch” is the exact opposite of the Affect. Here you are betting on the price action of the underlying nugget non touching the strike price before the expiration.

Baca juga:  Binary Option Price Action Pdf

There are variations of this blazon where nosotros have the Double Bear on and Double No Touch on. Here the trader tin can set two toll targets and buy a contract that bets on the toll touching both targets before expiration (Double Bear on) or not touching both targets before expiration (Double No Touch).

Normally you would only employ the Double Affect trade when at that place is intense market volatility and prices are expected to take out several price levels.

Some brokers offer all three types, while others offer two, and at that place are those that offer simply one variety. In addition, some brokers as well put restrictions on how expiration dates are set.

In order to become the best of the unlike types, traders are advised to shop around for brokers who volition give them maximum flexibility in terms of types and expiration times that tin be ready.

Mobile Apps

Trading via your mobile has been fabricated very easy as all major brokers provide fully developed mobile trading apps. Nigh trading platforms have been designed with mobile device users in listen.

So the mobile version volition be very similar, if not the same, as the full web version on the traditional websites.

Brokers will cater for both iOS and Android devices, and produce versions for each. Downloads are quick, and traders tin can sign upwardly via the mobile site as well.

Our reviews contain more detail about each brokers mobile app, merely nigh are fully enlightened that this is a growing area of trading.

Traders want to react immediately to news events and market place updates, so brokers provide the tools for clients to merchandise wherever they are.

Example of a binary trading app (IQ Option)

Trading FAQ

What Does Binary Options Mean?

“Binary options” means, put very but, a trade where the outcome is a ‘binary’ Yeah/No reply. These options pay a fixed amount if they win (known as “in the money”), only the entire investment is lost, if the binary trade loses. Then, in short, they are a form of stock-still return financial options.

How Does a Stock Trade Piece of work?

Steps to trade a stock via a binary option;

  1. Select the stock or equity.
  2. Identify the desired expiry time (The time the pick volition stop).
  3. Enter the size of the merchandise or investment
  4. Decide if the value will ascension or autumn and identify a put or call

The steps higher up volition exist the same at every unmarried banker. More layers of complexity tin be added, but when trading equities the simple Upward/Downwards trade blazon remains the most pop.

Put and Phone call Options

Telephone call and Put are simply the terms given to buying or selling an option. If a trader thinks the underlying price will go upwardly in value, they can open a phone call. Simply where they expect the price to go down, they tin place a put merchandise.

Different trading platforms label their trading buttons different, some even switch between Buy/Sell and Call/Put. Others drop the phrases put and telephone call altogether.

Nigh every trading platform will make it absolutely clear which management a trader is opening an option in.

Are Binary Options a Scam?

Equally a fiscal investment tool they in themselves not a scam, but there are brokers, trading robots and signal providers that are untrustworthy and dishonest.

The point is not to write off the concept of binary options, based solely on a scattering of dishonest brokers.

The epitome of these fiscal instruments has suffered as a result of these operators, but regulators are slowly starting to prosecute and fine the offenders and the industry is existence cleaned upwardly. Our forum is a great place to heighten awareness of any wrongdoing.

These simple checks tin can help anyone avert the scams:

  • Marketing promising huge returns. This is clear warning sign. Binaries are a high risk / high advantage tool – they are not a “make money online” scheme and should non be sold every bit such. Operators making such claims are very likely to be untrustworthy.
  • Know the broker. Some operators will ‘funnel’ new customer to a broker they partner with, and then the person has no idea who their account is with. A trader should know the broker they are going to merchandise with! These funnels often fall into the “get rich quick” marketing discussed earlier.
  • Common cold Calls. Professional brokers will not brand cold calls – they practice not market themselves in that way. Cold calls volition frequently be from unregulated brokers interested but in getting an initial deposit. Proceed extremely carefully if joining a company that got in contact this way. This would include e-mail contact likewise – any course of contact out of the blue.
  • Terms and Conditions. When taking a bonus or offer, read the full terms and atmospheric condition. Some volition include locking in an initial deposit (in addition to the bonus funds) until a high book of trades have been made. The first eolith is the trader’s cash – legitimate brokers would not claim it as theirs before any trading. Some brokers besides offer the option of cancelling a bonus if it does not fit the needs of the trader.
  • Do non let anyone trade for you. Avoid allowing whatever “account managing director” to trade for you. There is a clear disharmonize of interest, but these employees of the broker will encourage traders to brand large deposits, and take greater risks . Traders should not allow anyone trade on their behalf.

Which Are The All-time Trading Strategies?

Binary trading strategies are unique to each trade. Nosotros accept a strategy section, and there are ideas that traders tin experiment with. Technical analysis is of apply to some traders, combined with charts, indicators and price activity research.

Money management is essential to ensure hazard management is applied to all trading. Unlike styles will suit different traders and strategies will besides evolve and change.

There is no single “all-time” strategy. Traders need to ask questions of their investing aims and risk ambition and then learn what works for them.

Are Binary Options Gambling?

This will depend entirely on the habits of the trader. With no strategy or enquiry, then any brusk term investment is going to win or lose based only on luck. Conversely, a trader making a well researched trade will ensure they have done all they can to avoid relying on good fortune.

Binary options can be used to take chances, merely they can besides exist used to brand trades based on value and expected profits. And so the reply to the question volition come up down to the trader.

Advantages of Binary Trading

The main benefit of binaries is the clarity of risk and reward and the structure of the trade.

Managing Financial Chance

If you have traded forex or its more volatile cousins, crude oil or spot metals such as gilded or silver, you volition accept probably learnt one thing: these markets behave a lot of risk and it is very easy to be diddled off the market.

Things like leverage and margin, news events, slippages and price re-quotes, etc can all affect a trade negatively. The situation is dissimilar in binary options trading.

There is no leverage to contend with, and phenomena such as slippage and price re-quotes have no effect on binary option trade outcomes.

Tax implications may also be benign, depending on your location.

This reduces the risk in binary option trading to the barest minimum.


The binary options market allows traders to trade fiscal instruments spread across the currency and commodity markets likewise as indices and bonds.

This flexibility is unparalleled, and gives traders with the knowledge of how to trade these markets, a one-stop shop to merchandise all these instruments.


A binary trade outcome is based on only ane parameter: management. The trader is essentially betting on whether a fiscal asset will cease up in a item direction.

In addition, the trader is at liberty to determine when the trade ends, by setting an death date.

This gives a trade that initially started badly the opportunity to end well. This is not the case with other markets. For instance, control of losses can simply exist accomplished using a terminate loss.

Otherwise, a trader has to endure a drawdown if a merchandise takes an adverse turn in guild to give it room to turn profitable. The simple indicate being made here is that in binary options, the trader has less to worry almost than if he were to trade other markets.

Baca juga:  The Best Binary Options Brokers.net

Greater Command Of Trades

Traders have better control of trades in binaries. For example, if a trader wants to buy a contract, he knows in accelerate, what he stands to gain and what he will lose if the trade is out-of-the-money.

This is not the example with other markets. For example, when a trader sets a pending order in the forex market to trade a high-bear upon news issue, there is no assurance that his trade volition exist filled at the entry cost or that a losing trade will exist closed out at the exit stop loss.

Higher Payouts

The payouts per trade are usually higher in binaries than with other forms of trading. Some brokers offer payouts of up to 80% on a trade. This is achievable without jeopardising the account.

In other markets, such payouts tin only occur if a trader disregards all rules of money management and exposes a big amount of trading capital to the market place, hoping for one big payout (which never occurs in virtually cases).


In club to trade the highly volatile forex or commodities markets, a trader has to have a reasonable amount of money equally trading capital. For case, trading gold, a article with an intra-day volatility of up to 10,000 pips in times of high volatility, requires trading capital in tens of thousands of dollars.

Withal, binary options has much lower entry requirements, as some brokers let people to first trading with as low as $10.

Disadvantages of Binary Trading

Reduced Trading Odds for Sure-Banker Trades

The payouts for binary options trades are drastically reduced when the odds for that trade succeeding are very high.

While it is truthful that some trades offering as much every bit 85% payouts per trade, such high payouts are possible simply when a merchandise is fabricated with the expiry date fix at some altitude away from the engagement of the trade.

Of form in such situations, the trades are more than unpredictable.

Lack Of Good Trading Tools

Some brokers practise not offering truly helpful trading tools such every bit charts and features for technical analysis to their clients.

Experienced traders can get around this by sourcing for these tools elsewhere; inexperienced traders who are new to the market are not as fortunate.

This is changing for the improve though, as operators mature and become aware of the need for these tools to attract traders.

Limitations On Risk Management

Dissimilar in forex where traders can become accounts that allow them to merchandise mini- and micro-lots on pocket-size account sizes, many binary choice brokers set a trading floor; minimum amounts which a trader tin trade in the market.

This makes it easier to lose also much capital letter when trading binaries. Every bit an illustration, a forex banker may allow you to open an account with $200 and merchandise micro-lots, which allows a trader to expose only acceptable amounts of his capital to the market place.

All the same, you will be hard put finding many binary brokers that will permit you to merchandise below $50, even with a $200 account. In this situation, four losing trades volition accident the account.

Cost Of Losing Trades

Unlike in other markets where the risk/reward ratio can be controlled and ready to requite an border to winning trades, the odds of binary options tilt the chance-reward ratio in favour of losing trades.

Merchandise Corrections

When trading a market similar the forex or commodities market, it is possible to close a trade with minimal losses and open some other profitable 1, if a repeat assay of the merchandise reveals the first trade to have been a mistake. Where binaries are traded on an exchange, this is mitigated all the same.

Spot Forex vs Binary Trading

These are ii different alternatives, traded with two different psychologies, but both can make sense as investment tools. One is more Fourth dimension centric and the other is more PRICE centric. They both work in time/price but the focus you lot will find from one to the other is an interesting split up.

Spot forex traders might overlook time every bit a factor in their trading which is a very very big mistake. The successful binary trader has a more counterbalanced view of fourth dimension/price, which only makes him a more well rounded trader.

Binaries past their nature force 1 to exit a position within a given time frame win or lose which instills a greater focus on subject and risk management.

In forex trading this lack of field of study is the #1 cause for failure to about traders every bit they will simply hold losing positions for longer periods of time and cut winning positions in shorter periods of time.

In binary options that is not possible every bit fourth dimension expires your merchandise ends win or lose. Below are some examples of how this works.

forex binary options

In a higher place is a trade made on the EUR/USD buying in an under ten minute window of price and time. As a binary trader this focus will naturally brand you improve than the beneath example, where a spot forex trader who focuses on price while ignoring the fourth dimension element ends up in trouble. This psychology of beingness able to focus on limits and the dual axis volition assistance you in becoming a amend trader overall.

forex example chart

The very reward of spot trading is its very aforementioned failure – the expansion of profits exponentially from one signal in cost.

This is to say that if you lot enter a position that you believe will increase in value and the price does not increase yet accelerates to the downside, the normal trend for most spot traders is to expect information technology out or worse add together to the losing positions as they figure it will come dorsum.

The acceleration in fourth dimension to the reverse desired direction causes near spot traders to be trapped in unfavourable positions, all because they practise not plan fourth dimension into their reasoning, and this leads to a complete lack of trading discipline.


The nature of binary options force one to have a more complete mindset of trading off both Y = Price Range and X = Time Range as limits are practical. They will just brand you a better overall trader from the start.

Conversely on the flip side, they past their nature require a greater win rate as each bet ways a70-xc% proceeds
vs a100% loss. So your win rate needs to be on average 54%-58% to interruption even.

This imbalance causes many traders to overtrade or revenge trade which is only as bad equally holding/calculation to losing positions as a spot forex trader. To successfully trade you need to practice coin direction and emotional command.

In conclusion, when starting out as a trader, binaries might offer a ameliorate foundation to learn trading. The unproblematic reasoning is that the focus on Fourth dimension/PRICE combined is like looking both means when crossing the street.

The average spot forex trader only looks at price, which means he is only looking in 1 direction earlier crossing the street.

Learning to trade taking both time and price into consideration should aid in making one a much overall trader.

References And Farther Reading

  1. A Study of Optimal Stock and Options Strategies (Dash, Mihir and Five., Kavitha and Chiliad.M., Deepa and Southward., Sindhu, 2007)
  2. Is At that place Coin to Be Made Investing in Options: A Historical Perspective (Doran, James and Fodor, Andy, 2006)
  3. An Investor’s Guide to Trading Options (Virginia B. Morris, Bess Newman – Lightbulb Press, Inc., 2004)
  4. Trading Binary Options: Strategies and Tactics (Abe Cofnas – John Wiley & Sons, 2011)
  5. Binary Options: Stock-still Odds Financial Bets (Hamish Raw – Harriman Firm Limited, 2011)
  6. Binary Options: Strategies for Directional and Volatility Trading (Alex Nekritin – John Wiley & Sons, 2012)
  7. How to Trade Binary Options Successfully: A Complete Guide to Binary Options Trading (Meir Liraz – Liraz Publishing)
  8. Option Trading and Individual Investor Performance (R Bauer, K Cosemans, P Eichholtz – Journal of banking & finance, Vol 3 Effect 4, 2009)
  9. Binary Option Pricing Using Fuzzy Numbers (A Thavaneswaran, S.S Appadoo, J Frank – Practical Mathematics Letters, Vol 26, Issue one, 2013)

Source: https://www.binaryoptions.net/#:~:text=%E2%80%9CBinary%20options%E2%80%9D%20means%2C%20put,of%20fixed%20return%20financial%20options.