Common comparison error
Two brokers listing Vanilla option need not share quote currency, provider, unit, settlement, or Call put binary option.
A conventional call or put with premium, strike, expiry, and market value before expiry. It is not a fixed-payout binary option.
Two brokers listing Vanilla option need not share quote currency, provider, unit, settlement, or Call put binary option.
Read Vanilla option together with Binary option, Call/Put binary option, CFD. The comparison must preserve the exact rule, value, state, and evidence described below.
For Vanilla option, EUR/JPY is available while EUR/USD is closed. Symbol, session, provider, derivative structure, and Binary option explain the difference. The operative detail for Vanilla option is concrete: premium, strike, expiry, market value, exercise, and potentially variable payoff differ from a binary result.
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.