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GO Markets provide a tradable price based on the underlying spot (mid) price of a currency pair. Market volatility and the time until the contract expiry are two important factors which affect the rate of return. The price in which we provide on our platform, is set by GO Markets and not provided by an underlying exchange or an external liquidity provider.
GO Markets are therefore exposed to the outcome of your binary trade. Unlike other types of options (such as exchange traded options), Binaries do not give the trader the right to purchase or sell an underlying asset.