Binary Options Brokers
A binary options broker is someone that is trading in a financial exotic choice wherein the payoff is either some constant monetary amount or nothing at all. The most important styles of binary options are known as the coins-or-not anything binary alternative and the asset-or-nothing binary choice. The former can pay a few constant amounts of money. They are also referred to as all-or-nothing options, virtual options.
While binary options can be utilized in theoretical asset pricing, they are vulnerable to fraud in their packages and hence banned by way of regulators in many jurisdictions as a form of gambling.