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hello everybody and welcome to part seven of our series of understanding binary options uh this video will be slightly different from the others that weamp;#39;ve looked at previously uh weamp;#39;re going to talk about foreign transaction fees and um I should begin by saying that this video will be a short one and Iamp;#39;ll share some of my experiences uh that Iamp;#39;ve had with respect to Binary Option trading and uh fees that were levied on me not by the Binary Option trading sites but uh my bank and my credit card company when I transferred um fees into my trading account and uh not all of you may have this experience and therefore this video may not apply to everybody equally um at least as it did to me however I think it itamp;#39;ll be a short video so itamp;#39;ll probably be worth your time to still watch it anyway so letamp;#39;s begin as we always do with a quick overview of binary option trading um essentially we pick a commodity or stock or index and each of the