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Expiry Time There is a notable difference in the expiry time between Traditional Options and Binary Options, although less so since online Binary trading exploded in 2008. Traditional options generally offer monthly or quarterly expiry times, whereas FROs have expiry times at hourly, daily, weekly and monthly points, allowing you to make a trade with just 5 to 15 minutes before the expiry time. The short term multiple expiry times enable investors to make an instant profit on their trades and hence providing much more flexibility with their investments as compared to vanilla options.