What are some of the main difference between Binary Options trading and Forex trading?

Q: What are some of the main difference between Binary Options trading and Forex trading?

A: 

Best Answer:  It is basically the same with the difference in the possible outcomes. In forex trading, you cannot know exactly how much you will earn if you trade is successful until the trade is closed. However, in binary options trading, you only have two possibly outcomes. If your trade is successful, you already know how much you will earn (which is a fixed amount) even before starting the trade and if you lose, you will lose the exact amount invested.

Source : Yahoo