Which is more profitable: binary options trading or Forex trading?

 Binary options trading or Forex trading, each of which has its own interests and in accordance with each case. I will provide some useful information for you as follows:

Binary Options is one of the biggest scams that I know, which includes thousands of suspicious brokers (most of which are based in Tel Aviv) that have developed entire schools of manipulating the public about the financial markets.

You would be overwhelmed about so much advertising related to binary and Forex trading compared to the reduced knowledge about the financial markets.

As you will see in the article above, what you know as ‘binary options’ is promoted as an easy way to make money from predicting if the price will go up or down (Call and Put options). In fact, the brokers make all the possible to leave no space for the clients to actually win or generate some profit. Besides the fact that the brokers promote this gambling practice as ‘investing’, they don’t even try to be nice from a gambling perspective. I agree that some of you make money with some binary brokers (very few lucky persons), but the industry as a whole is a big big scam headed from Tel Aviv.

The US has also stopped the activity of all the brokers coming from Israel via Cyprus (because the brokers hide their Israeli origin, they show themselves as being located in Cyprus and having CySEC license).

Of course Forex trading is a better alternative. You can open and close the positions whenever you want. You can wait for a profit - take your time. The is more room for action. However, you should make sure to deal with decent brokers, since there are many scammers in the Forex industry as well.

Besides, it was suggested that both are equally profitable, if you’re lucky enough.

Although I’d say Forex trading, in the long run, because you can manipulate it’s overall outcome. Your successful trades grow in line with your knowledge in Forex trading. As long as you keep learning and studying in this topic, sooner or later you’re gonna have more profit. Trading with binary options is a lot riskier, although it might be funnier sometimes. There are lots of suspicious brokers, yes, but there are trusted ones as well.

I’d say invest your time into Forex trading, learn a lot with the help of the Internet, buy Forex-related books, and hopefully soon enough your profit will nicely keep growing.