you have to have more than one screw in your head loose to even touch binary options ... luckily at least some people seam to get that here ...
http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-vast-amoral-binary-options-scam-exposed/ The wolves of Tel Aviv: Israel’s vast, amoral binary options scam exposed An industry turning over hundreds of millions of dollars, employing thousands of people, is cynically cheating naive would-be investors worldwide via a range of corrupt practices. It is doing terrible harm to its victims, and it risks doing the same to Israel’s reputation
Also don't touch, you realise most gambling sites, if your good will reduce your odds ie pay out to a level where you are still losing right ?? Trade for a while, cause they make it easy to get you hooked then take your money and run.
Spread and fees.. You definitively need to be best to beat the dealer! It is actually great to play, like blackjack. If the goal is to have fun, why not. If you are good, you could even make some money in the process, from time to time. Good luck. I personally would't bet the house
Why not get a regulated brokerage account and trade on a regulated options exchange? Buy a call and sell a higher call (vertical) to simulate a binary option.