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Based regulated exchange for binary options, identified the top four traded forex pairs as: EUR and USD USD and JPY GBP and USD USD and CHF (Swiss franc) The list indicates, more or less, where binary options are most popular. Incidentally, Nadex also pinned down the most popular time and day for binary options trading: Source: Nadex infographic A Word of caution As with many internet financial transactions, binary options are prone to fraud, so play it cautiously. Many brokers are not regulated by the government (a good or bad thing, depending on your perspective); youre left with the good graces of your choice.
A common red flag is a trading platform that overstates the average return or, worse, it manipulates price points to cause customers to lose their wager (every time customers lose, brokers win). A simple online sleuthing by reading user reviews and forums about the broker should steer you clear of fraudsters.