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What the hell is binary options?
Binary options, also known as digital option and fixed income option, is a "simplified financial tool".

On 20 16165438+1October16, the wechat public platform announced that it would deal with the official wechat accounts that posted illegal and illegal propaganda information such as "binary options" and permanently banned related accounts.

Official website of Chongqing Securities Regulatory Bureau has characterized binary options's trading behavior as "similar to gambling" and given a risk warning. The US Federal Bureau of Investigation launched a global investigation into illegal binary options brokers. Israeli Prime Minister calls for global boycott of binary options industry.

Binary options only considers the price trend (bullish or bearish) of the underlying assets.

As for traditional financial instruments such as stocks and foreign exchange, investors need to consider both the price trend (bullish or bearish) and the fluctuation range, so binary options is a simplified financial instrument. The income and risk of binary options are fixed in advance, and the income only depends on whether the price of the underlying assets meets the predetermined conditions. To put it simply, investors can choose stocks, indexes, foreign exchange and commodity futures to invest in options on the platform, and they can trade only by judging the direction of ups and downs, without considering the range of ups and downs. Some binary options websites show that binary options has the characteristics of controllable risks, high potential profits, instant benefits and simple transactions. However, it is quite different.