Most spread betting companies make a market in binary betting on various instruments, as well as various time frames. Binary betting is ideal for the short term trader. It offers the potential for dramatic short term returns, but with strictly limited risk. A binary bet is nothing more than traditional fixed odds bet but that is quoted between 0-100.
The advantages of binary betting, is the potential for dramatic returns, strictly limited risk, wide range of markets on offer, continuous dealing prices, the ability to go long and short, and commission free trading.