3 binary in review
Of course, you aren't really buying anything in binary options trading as explained above, you are just placing an electronic bet on an electronic game.
For instance a AAPL Call Option allows you to buy Apple Stocks at the strike price at anytime before expiration should you choose to do so and AAPL Put Options allows you to sell your existing Apple Stocks at the strike price. This shows that real options trading trades real options contracts that trades real securities in the real stock market.
Whereas Binary options cannot be exercised to buy or sell anything.