When to Choose Binary Options
If you have a higher risk tolerance and are keen to begin straight away, then binary options might be more suited to you. Forex trading generally takes a little longer to learn, and the platforms are a little more difficult to understand.
In contrast, binary options are very quick to learn and you downside is lower. In fact, in some cases you can even get back around 15% on losing trades! Also, the rate of return is fixed, so you will know the exact risk from the beginning. This is not the case with forex
When to Choose Forex Trading
Do you have spare time, and do you enjoy learning complex new concepts? Then forex trading might be for you. That’s because trading forex successfully means that you need to understand both fundamental and technical analysis.
Forex also requires more up front capital from traders to get starting. However, forex is a global and well respected industry, and you will learn concepts and skills you can apply other areas too.