Various brokers offer certain bet types, but the major ones are as follows. Binary, look back, one-touch, trend multipliers, binary range, one-touch range, no- touch
time-switch range, no-touch range, and these bets are offered on multiple time frames, from intraday, to daily weekly, etc.
Binary Betting is an innovative way to bet on the market movements. Like its name implies, binary, being is either a 0 of a 1, so your bet is either right or wrong. If you make a bet, and the condition is met, the best settles at a 100, if not, you get 0.
Most spread betting companies make a market in binary betting on various instruments, as well as various time frames. Binary betting is ideal for the short term trader. It offers the potential for dramatic short term returns, but with strictly limited risk. A binary bet is nothing more than traditional fixed odds bet but that is quoted between 0-100.
The advantages of binary betting, is the potential for dramatic returns, strictly limited risk, wide range of markets on offer, continuous dealing prices, the ability to go long and short, and commission free trading.