As well as trading using a regular broker's platform, I thought it would be a good idea to supplement my income with a few 'binary bets'.This is just another method of trading, with the proviso that you decide how much you are going to win if the trade is a winner. It's a very flexible way of supplementing trading.
By placing a calculated (by the broker) amount of money (your bet), on whether a FOREX pair reaches (or doesn't reach) a certain price by a certain time, you can win an amount that you decide, or lose the amount of the bet.
I use Bet on Markets as my broker at http://www.betonmarkets.co.uk/ although there are many other binary betting companies.
It's good fun, because you still use your skills as a FOREX trader, but use them in a different 'vehicle' to trade. Give it a go!
