The advantages of binary options trading is that you simply have to make a decision if price will be higher or lower a certain price level after an amount of time (expiration time). You can be either right or wrong.
Most new forex traders fail and quit trading because of bad risk management.
They don't use stop losses and therefore end up taking big losses.
When trading forex, using a stop loss to limit risk and a take profit to maximize gains is very important.
But the problem is that knowing where exactly to place stop loss and take profit can be difficult.
Especially if you're a beginner without any experience.
This is why binary options trading can great for beginners or struggling traders who want to learn how to trade successfully.
Because, you don't need to worry about placing stop losses and take profits.
You simply follow FX Master Code signals and place your trades.
If you get a buy signals, you buy long. If you get a sell signal, you sell short.