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Guides & tutorials

Start from zero: what a binary option is, how payouts are calculated, how to test a platform in demo mode and how to size a position.

1

What is a binary option?

A yes-or-no contract on the future price of an asset. The payout and the loss are fixed before you enter, which makes the risk easy to read - and easy to underestimate.

2

Understand the payout maths

At an 80% payout, a winning trade returns 0.80 of the stake and a losing one costs 1.00. You therefore need a win rate above 55.6% to break even before costs.

3

Test in demo first

A demo account uses virtual funds. It validates the interface and the execution speed, but it never reproduces the emotional pressure of real money.

4

Check regulation before depositing

Binary options are banned for retail clients across the EU/EEA, the UK, the US, Canada, Australia, Israel, Turkey and Singapore. Offshore platforms often accept those clients anyway, which is precisely why they appear on regulator warning lists.

5

Withdrawals: what to verify

Minimum withdrawal, processing delay, the method used (usually the same one as the deposit), identity verification requirements and any bonus turnover condition that locks the balance.

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Guides, comparisons and regulatory updates. Articles are drafted by our editorial workflow, fact-checked against official sources, then published after human review.

⚠ Risk warning: binary options are high-risk speculative products. The majority of retail accounts lose money. Never invest money you cannot afford to lose.

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Guides & tutorials | BOP