The Internet has changed almost everything with every industry adapting and evolving to the immediate, unrestricted and relentless volume of information. None more so than the on-line gaming industry, the development and growth of the industry has exceeded even the most optimistic expectations, furthermore the industry shows no signs of dwindling.
Despite tightening regulations the online gaming industry is continuously growing, continuous innovation means that there's room to grow even in mature saturated markets such as online poker and casinos. Improving technology and increased information is continuously developing a more competitive yet sophisticated gaming market.
Financial gaming has also experienced tremendous growth with many traders favouring on-line CFD's, spread-betting and forex providers to traditional trading alternatives. The ease of accessibility accompanied by the simplicity to set up accounts and implement trades has made it very attractive to the financial market investor. Historically the profile of the stereotypical on-line trader to the on-line casino player has been very different, with traders typifying a more savvy and sophisticated character. Pioneering financial gaming providers did not tailor to the everyday person, the ability to trade products was dependent on traders having a solid understanding of financial terminology and at the very least have some familiarity with financial markets. Products such as spread betting and CFD's to the average consumer are often complex and extremely risky if responsible trading precautions aren't taken i.e. stop loss.
The recent credit crisis and continuous influx of information has increased world wide appeal and interest in financial markets. The financial gaming industry has responded to increased demand by innovating, developing and providing on-line binary options trading. In the financial world binary options are more commonly known as exotic digital options and has been a widely used tool for conventional options trading . Despite exotic options being indicative of more complex sophisticated financial derivatives, the on-line provision of binary options has enabled financial market accessibility to everyone in a more simplistic and less risky form.
Binary options are also known as all-or-nothing options or fixed return options, the possible return and risk is pre-determined and fixed prior to the transactions. All a trader has to do is anticipate in which direction the market is going to go and decide how much to stake, with returns as much as 75%. The trader doesn't have to take magnitude into consideration and since the profit/loss is fixed there is no need to monitor the position i.e. even if the market crashes the worst case scenario is to lose the initial outlay.
Binary options trading will also undoubtedly be attractive to the experienced traders, however the demographic is changing with new and previously less experienced trading profiles being attracted to more simplistic and simpler products.