Binary Options in the forex market are also known as the Digital Options or Exotics and here, you can trade with the pairs of many currencies including USD, EUR, GBP, CAD, JPY and AUD etc. When you bet on the future movement of the market with the binary options contract, $100 comes to you in the form of payout the bet turns up correctly, but if it turns wrong, the payout comes to you as $0.