Demo trade for a couple of weeks until you grasp the concept of it. It was a bit tricky for me to understand Binary Forex Options in the beginning, but you will grasp it.
Buy a contract if you think the price of a currency pair is going to be just one pip (or more) higher than the strike price at that contracts stated closing.
or
Sell a contract if you think the price of a currency pair is going to be just one pip lower (or more) than the strike price at that contracts stated closing.
Buy only contracts that are not too pricey on the ASK side and only sell contracts that are high priced on the BID side.
Buy a contract if you think the price of a currency pair is going to be just one pip (or more) higher than the strike price at that contracts stated closing.
or
Sell a contract if you think the price of a currency pair is going to be just one pip lower (or more) than the strike price at that contracts stated closing.
Buy only contracts that are not too pricey on the ASK side and only sell contracts that are high priced on the BID side.
Binary Options Trader