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Even if its one second into the trade, you can get out and book profits or reduce losses. Finally, if you think theres going to be a long trend and you want to maximize your profit on it by holding it as long as possible, you can do so in the spot market using scaling in and trailing stop techniques. With a binary option, the expiration date and cap on profits limits you; youre out of the trade as soon as you close or the option expires.

Advertisement Depending on your risk and trade management preferences, either trading instrument can be good or bad depending on how much time you want to spend in front of your trading platform, how active you want to be, or what you expect the market may do.