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When you buy a Binary Option you know at the start, what your maximum loss will be. You may also define your loss trading Forex by adding a Stop Loss order to your position, but two things can then come into play.

In the end this could cause you to lose much more than you had initially thought of risking in the trade. Often traders end up trading emotionally which can eventually be disastrous.

??With Binary Options your maximum loss is always fixed and there are no risks of losing more.