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Binary options and scams two very different methods to easily earn money

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The main differences arise from the way that trades themselves functions. Both binary options and financial spread betting allow you to make a prediction about an underlying financial instrument and then win or lose money based off of what happens.

If you lose, the amount of money you get back will also be fixed at a certain percentage. So say you are looking at the price of gold and you think it will go up during the expiry period.