Binary Options: Definition and methods of effective use

Binary options is an option with two options for the outcome of trading: profit or loss.

Many were burned on "binaries" over the past 2-3 years. And it's not just about brokers, most of them have previously used very aggressive, promising ads that mislead future traders about risks and future earnings. Today, you can count several dozen brokers whose main product is binary options. If you already have trading experience, please leave your comment.

Popular financial tool or some other scam? What's the catch? How do I trade them, through which broker? These issues are still relevant.