Both forex and binary option trading are very popular among traders these days, and many new traders are curious what the differences between the two are. While both forex and binary option trading can be done online, at any hour of the day, the ways in which they handle risk and exposure are quite different.
Most forex brokers offer leveraged accounts. For a new trader just getting started in the forex industry, it can be quite a task to understand what this means. ForexPromos explains in simple terms what leverage means in forex jargon.