The Effect of Binary Option Trading in Social Phenomenon: Indonesia Case

Abstract

Binary options trading consists of derivative instruments. There are several factors that contribute to the misunderstanding of community perceptions of financial instruments in this case, Binary Option trading. To begin with, provide education and understanding of financial instruments and investments while dissecting the differences between them. A discussion is held of the fundamental and evaluate money in Binary Options trading, which is the cause of the disruption of the understanding of investment instruments in the social community. The authors evaluate the support factor of the social phenomenon of binary options which results in many material losses. Conclude what is happening in the social scope of Binary Option trading and provides suggestions and solutions and precautions for not to be unwanted. Essentially, this research aims to provide a true understanding of financial instruments, especially binary options that have been abused by many individuals during the discussion of binary options concept, as well as the strategy they employ to avoid the bandages of criminal law. This study utilizes the qualitative method of analysis based on literature reviews of several journals and case study analysis of events that have occurred in the social environment. Ultimately, it is expected that the results of this study will contribute to the development of educational development and increase awareness of Indonesian society.