What are the differences in behaviour between forex and binary options
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73 billion JPY is the actual figure traded and not inflated due to virtual monetary leverage as applied in forex (foreign exchange markets). Other significant differences and trends applicable to forex and binary options were noted by Optimove, a retention automation platform developer.
They proved that binary options trading has surged in recent years, and in most instances, actually overtakes the forex industry in terms of trade frequency and conversion rates. According to statistics revealed by Optimove last year, the conversion rate of binary options traders is 34 percent higher than that of forex traders.
This shows that the desire to trade binary options what are the differences in behaviour between forex and binary options to be stronger than the initial interest by individuals seeking to trade forex.