Moneyning optionshouse trading
Binary options, on the other hand, are generally more simple to trade because you need only a sense of direction of the price movement of the stock. In contrast, traditional options have no defined boundaries of risk and reward, so the gains and losses can be limitless.
As long as a binary option settles ahead by even 1 tick, the winner receives the entire fixed payoff amount. Binary options are enormously popular in Europe and are extensively traded in major European exchanges, like EUREX. In the United States there are a few places where binary options can be traded.