Making money is a necessity for some people and passion for others. People who desire to make money by using different trading platforms also find an inclination towards binary options trading. This option of transaction has emerged as one of the newest and widely accepted form of trading. The name, Binary option speaks itself, that it offers only two types of possible outcomes. The outcomes are: ďƒź Cash-or-nothing binary option and ďƒź The asset-or-nothing option