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You are stating that either you agree with a statement or you do not. At expiration, a binary trade settles with all or nothing. If your trade did not answer correctly, your trade lost and you get zero. Your risk is capped and you can never lose more than your initial collateral.

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These are worth looking into to help you make the best decision for your money. While learning these tips, it is worth setting up a demo account so that you do not risk any of your own money. All of the binary options brokers in our top list above offer demo accounts to start out with. There are many options for binary options brokers out there and it can make your choice difficult. Another issue is that there are many websites that are scams and prey on the people who want to invest money and profit quickly.