Binary trade means that you will be given a question from the stock market traders like, do you think the price of gold ( which is at $1500) go up to be at $1250 by the end of the week. Now the answer to that question can be either yes or no. If you say yes then the trader will buy gold in the form of binary options with your investment and if at the end of the next week the price of the gold actually reaches the estimated value then you will get your profit proportional to what you had invested but if your prediction turns out to be wrong then you will lose all your invested money. So binary trade is called as such because if the yes-no proposition and the outcome of all or nothing fact.
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