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Others will prefer the flexibility of forex trading on any time frame they want, opening and closing positions at a time and price they determine. Binary options are simpler and you always know your risk, profit potential and how long the trade will last.

Forex trading is much more variable and there are more things to consider, such as when you will get in, when you will get out and how you will manage the trade in the mean time. This variability of forex and the simplicity of binaries both have advantages and disadvantages. Based on the differences assess which you prefer, or try a demo account with a forex broker and binary options broker to see which you like better and ultimately in which market you perform the best.