Best Choice For Beginners!
Free Trading Education!
Free Demo Account!
Big Sign-up Bonus!
Perfect For Experienced Traders!
Binary Options Scams
Binary Breakouts Scam Review – Shitty Trading Tool.
Binary Breakouts Scam Review. Binary Breakouts is another trading tool that is full of lies and plans to defraud you. Binary Breakouts was recently released and the effects are being felt. We have received numerous email complaints from users whose money was lost immediately they deposited with Binary Breakouts. This trading tool is full of empty promises such as getting high and quick profits. Binary Breakouts is promising everyone interested with making easy and fast money to sign up. Binary Breakouts has gained such attention thanks to the email marketing methods they have used to advertise the scam. We have damning information that exposes Binary Breakouts for the scam it is. We urge our readers to read through this transparent and honest review to find out more about Binary Breakouts. We also recommend that you trade safely using only genuine and tested trading tools in order to stay away from such fraudsters. They claim that Binary Breakouts will be making continuous profit for any user who tries it. The sad truth is that this is a fairy tale that will…
Commodity Profits App Scam Review – Shady Scam
Commodity Profits App Scam Review. Commodity Profits App is another storm in the making. Commodity Profits App is scamming newbie traders and online investors right left and center. Commodity Profits App has managed to do this with the help of email marketing techniques that they are using. To add salt to the injury, they are guaranteeing quick and high profit margins all by a touch of a button. They claim that Commodity Profits App is endorsed by the CNN which is another of his big lies. There is nothing at all that would support this by any means. We have seen these scam sites give the same claims that they have been endorsed by the likes of BBC, FOX and even magazines such as Forbes while this is entirely false. This old trick only serves to convince people that the scams are legitimate while in the real sense we all now they are not even an inch closer to be being legal. If you are new in the binary options market, there is the need to be on the lookout…
Binary Options Robot 24 Scam Review – Hide From It.
Binary Options Robot 24 Scam Review. Binary Options Robot 24 is another binary related scam that has struck the lucrative binary world. Binary Options Robot is promising fake expected income margins. This lame trading tool is promising high and quick profits. This is a ploy to lure unsuspecting online investors mostly newbie traders into signing up. Read the review and find out the whole truth about Binary Options Robot 24. Binaruy Options Robot 24 is free according to the presentation video that pops up immediately you land into the home page. They also claim that you will make profits automatically making Binary Options Robot 24 perfect since it will also make profits for its users with simplicity and no hard work. We had to dig in and find the truth behind this fake trading tool. . The claim that for several years Binary Options Robot 24 has been helping millions of people trade effectively and efficiently while at home is pure bull. The presentation video starts by claiming that you will make money at home even without doing anything. So…
Trade Bot+ Scam Review – Damning Scam
Trade Bot+ Scam Review. Trade Bot+ is the latest binary trading tool to hit the lucrative financial world. This fake trading tool has already ripped millions of users. Trade Bot+ is a scam and there is no doubt about it. We have compelling evidence that proves it. From the empty promises to auto pilot feature, we have concrete evidence proving Trade Bot+ should be avoided at all costs. Genuine tools provide analysis on the conditions of the market, guiding traders to be successful on the platforms. Traders are equipped with secret strategies that enable them to make thousands of dollars from a few dollars. However, there are numerous scam sites such as Trade Bot+ which claims to be a great trading tool. They lure anyone looking to trade with the least amount of effort, minimum risk and maximum profits. We have received numerous email complaints from newbie traders and online investors detailing how they lost their money instantly. Once they deposited with this auto trading tool, they lost it in a blink of an eye. We always urge our readers…
FintecBot Scam Review – Dubious Scam Tool.
FintecBot Scam Review. FintecBot is the latest binary trading tool scam to hit the lucrative binary financial world. FintecBot was introduced late last week and has already caused uproar from users who claim their money was lost after depositing with FintecBot. FintecBot is promising high and quick profit margins and this is a trap that most newbie traders and online investors fall for. Read this review and get the truth. What made us question this bot was the notion that it will guarantee 90% of all winning trades. Let’s be honest with each other, the only way that an app can have such a high accuracy level is if the app can totally predict the future. We all know that no one can predict the future let alone the financial markets since the market is always volatile and changes in prices occur abruptly and without warning. This accuracy level is just way too high and a ploy by these scammers to lure unsuspecting binary options traders as well as online investors into signing up with FintecBot. Another alarming factor that…
Profit Magnet Scam Review – LoSS Scam
Profit Magnet Scam Review. Pocket Magnet is another binary trading tool that is scamming millions of people. Pocket Magnet was released early this week and has already caused big losses to all who signed up. From the fake expected income of over $1000 daily to auto pilot mode, we recommend you stay away. We have damning information that reveals the whole truth about Profit Magnet. Read the whole truth below. After receiving thousands of email complaints from users whose money was stolen, we decided to conduct a thorough investigation and find out the truth about Pocket Magnet. Pocket Magnet is offering the binary trading world users a guarantee of $1000 daily. Pocket Magnet is given to us free of charge. This is one of the many reasons why we immediately smelt a rat and decided to investigate further, this wonder app. Pocket Magnet uses a one of a kind super algorithm that allows users to have an advantage over others. Developer of Profit Magnet. The founders of Pocket Magnet is Aaron Martin. This is the information found in the promotion…
247 CashBot Scam Review – Stay Away.
247 CashBot Scam Review. 247 CashBot is another trading tool that is full of lies and plans to defraud you. 247CashBot was recently released and the effects are being felt. We have received numerous email complaints from users whose money was lost immediately they deposited with 247 CashBot. This trading tool is full of empty promises such as getting high and quick profits. We have damning information that exposes 247 CashBot for the scam it is. We urge our readers to read through this transparent and honest review to find out more about 247 CashBot. We also recommend that you trade safely using only genuine and tested trading tools in order to stay away from such fraudsters. How 247 CashBot works. 247 CashBot apparently sends you trading signals that users should follow. The tool apparently has the capacity to execute over 14 trades every day and apparently trades in every session worldwide. The trade time starts from five to thirty minutes and the signals are sent through MT4, emails and phones. They also throw in the claim that this app…
Retailed Profits Scam Review. Retailed Profits is another binary related trading scam that has hit the lucrative binary trading world. Retailed Profits is promising users that they will become millionaires within six months. We have received numerous email complaints from online investors who lost their money after signing up with this scam software. Retailed Profits has over the moon profit margins which makes it easy to attract binary trading newbies. According to the presentation video, Retailed Profits apparently has a one of a kind algorithm. This algorithm has a 100% winning rate and thus you will win all the trades you place. It means that even newbie traders who don’t know the meaning of trading will use the auto pilot feature and make money. Who earns money by just clicking a tab and make over $5000 daily. They also add in the fact that the software is free of charge. We decided to investigate further and reveal the scam artists behind Retailed Profits. Developer of Retailed Profits. Simon Moore is the person behind this shameful scam. We don’t know much…
Pocket Option Scam Review – Scandalous Bot.
Pocket Option Scam Review. Pocket Option is yet another disaster waiting to happen. Yes, Pocket Option has been scamming from millions since it was introduced last week. From the empty promises of making $4000 daily to the fact that Pocket Option runs on auto pilot feature, we believe that this is all a lie. Read this detailed and transparent review to find out more. We are alarmed at the ends these fraudsters have gone too to tarnish the lucrative binary trading world. Pocket Option is promising users over three thousand dollars every day. In fact, this is a guarantee. Pocket Option is also free of charge according to the presentation video. We decided to expose the scam that Pocket Option is. If you scroll down at the home page, you will see claims for verified analysis and also verified trading results. The alarming thing is that these people do not present us with any third party results. When a bot makes claims like these, we have to see proof that we can verify in order to ascertain the results of…
CTiEX Scam Review – Avoid ASAP.
CTiEX Scam Review. CTiEX is another binary related trade scam that has reared its head in the lucrative binary world. According to the developers of this trading tool, CTiEX is guaranteeing users 100% win trades all the time. CTiEX is offering a free demo account once you sign up as a guarantee your money is safe. Read the whole truth in our transparent and detailed review below. CTiEX is promising users heaven only to deliver hell. We have received numerous email complaints from online investors who lost all their initial deposits with CTiEX. We are experienced binary trading and we feel it’s our duty to defend the lucrative binary trading world. This has been seen as a strategy used by the developer of www,ctiex.com to ensure that unsuspecting clients invest their money and get conned before they can realize what is really going on. Since it does work on phones and tablets, this means that one has to download it to their PC which will definitely not allow trading on the go, hence meaning that one has to spend a…
Best Choice For Beginners!
Free Trading Education!
Free Demo Account!
Big Sign-up Bonus!
Perfect For Experienced Traders!
If you are interested in binary options trading, chances are that you’ve heard of automated trading software and how it lets traders mechanize binary options trading practice.
The trouble is that fame of these software robots has attracted dubious copycats to the market, over-saturating it with binary options auto-traders that are nothing but a rip-off.
Here, we present you with the ultimate online resource that’ll help you tell the binary option robot scams apart from the more viable options. We’ll ensure that you avoid the scam brokers and software, and find legit ones.
The worst binary options scams have been known to randomly generate trades, or they may even deliberately destroy your profits. Familiarize yourself with these trading robot names and avoid them at all costs as you invest in binary options.
Read more about these binary options robot scams, and ensure continuous profitability from your binary options trades for the long-term.
Are Binary Options a Scam? In Which Country it’s Legal? Know More
A binary option is a financial option in which payoff is a certain fixed amount or nothing at all. Though binary options can be traded through regulated or unregulated forms of trading, however they are prone to internet fraud.
Many binary options brokers are also exposed to questionable operations over internet to ensure that they are following regulated practice of trading. Is binary option really a scam? Well, the answer is yes it can be. There is not denying the fact that binary options is one of the most lucrative financial investment or gamble that can payoff really well if it works but there are always risks involved in any investment.
Matters related to money are always vulnerable to scams and binary options scams are becoming a common occurrence these days. Therefore it is important to choose a broker who is locally licensed and regulated. Are you planning to invest in binary options and want to know more about its legal information? Find out the truth here.
In which countries Binary Option is legal?
Binary option is one of the most popular ways to perform trading these days. People are easily fascinated with binary option mainly because of hundreds of binary option brokers available online. The trades in such options can be easily placed from computers to mobile phone.
Due to so many complications involved in binary options, many people are concerned about knowing whether it is legal or not. The key point to notice here is that many countries have a regulatory license under which brokers can operate while other countries have not yet placed any regulation on its running. Hence in some countries, binary option is completely legal and regularized while in others, it is either in transitional state of getting regulated or there is no regulation involved at all.
Europe, UK, Australia, South Africa, Singapore, Canada or US citizens must not worry about the legality of Binary option. The main regulatory bodies based within the countries provide a certain license of operation which enables individuals to trade in it. When a binary option broker is regulated then he/she has to work under the laws set by Country. The license under which option brokers operate is CFTC (valid in USA) and CySEC (valid in Europe).
What kind of restrictions is imposed on Binary option trading?
Most of countries have restrictions on amount of money or transactions done abroad and also deposit of money with binary broker. To ensure that the market is completely regularized some governments also block websites that don’t provide clear information or adhere to online certification and regulation.
Binary options trading are high risk gambling method and sometimes are also associated with investment. Due to the transactions involved and inclusion of third party transfers it is considered illegal in some countries like India or other Asian countries. It is a non-bail able offense in some countries as well. Nonetheless, no restrictions have been imposed regarding to trading on individuals in any country. Law prohibition can’t be easily imposed unless certain legal financial tools are defined.
What makes a binary option legal?
It is easier to say that legality is somewhat linked with regulation. If any investment or trading is regulated by governing body of country then it makes it easier to legalize it as well. Most of the binary options trading are done online using internet based trading platforms and most of the brokers are working offshore.
In case of any legal issues with binary option broker, one can file a civil complaint. However, while filing a complaint it is important that individuals make choice of legal and legit company that can be questioned by law for not complying with regulations or entering into fraudulent methods.
How to know if you are dealing with legit binary option broker?
When you are planning to buy a binary option, it is important to understand which option you are about to choose. If you have already started trading binary option online then you must check few below points and scrutinize properly so future financial decisions can be taken properly.
- Search online for reviews: In case some people have lost money to a broker then he/she will definitely express views/negative comment on any platform. Performing extensive search online about the broker is the best thing one can do and know about the broker.
- Look for warning: Many regulatory bodies of countries also issue investor alert in order to warn investors about any new fraudulent companies, promotional schemes or binary options using new trading pal.
- License and regulation: One of the key aspects of any binary option broker is to look for license of broker and regulatory authority if any in the country. If you are able to find the broker online operating under legal license then you don’t have to worry about legality.
- Independent broker reviews and comments: Even binary option broker post about their reviews and comments online. Reading comments from brokers or other people in community can give you an estimate about the binary option broker you are about to choose.
Yes, Binary option is legit but you need to be careful before choosing an online binary option. Lots of scams come up and take advantage of people entering for the first time. However, this can be easily avoided by being proactive and conducting appropriate research of brokers and companies you are considering dealing with.
Tired of lies ?! Binary options are evil and scam? РЎhecking the brokers for a fact of fraud
Binary options have become so widespread and a popular tool for earning that they have become overgrown with an incredible number of myths and diverse opinions. At what the opposite attitude to the instrument is observed. Let’s take a look at what binary options are-evil or an opportunity for investors, divorce or a way of earning, and also bring brokers of binary options to clean water. We will not go into complicated analyzes of technical characteristics and approaches to work with these contracts, but take information that lies on the surface. We hope that our material will be useful to you.
Lies all this ?!
Let’s start with the question of the legality and algorithm of the action of binary options. Many people say that this tool is a lie and no binary options actually exist. The adherents of this opinion are not entirely right. The fact is that binary contracts really exist and are used by investors on exchange trading floors. A striking example is the Chicago Stock Options Exchange OWN. By the way, it was this platform that created such a mode of trade for a binary contract. It became a kind of derivative of the standard vanilla option, in which for investors the list of settings was expanded and the algorithm of work was simplified. Binary options in the form offered to us by online brokers for supposedly trading, not quite an exchange contract – it’s rather a betting bet, which is used as an object of valuation or, if you want to bet, quotes of financial assets. Therefore, it is wrong to consider binary options as blatant lies! In addition, speaking about the legality of the tool, it should be noted that binary contracts, which are used as an online trading tool, are recognized as regulators of the financial market. And they are evaluated differently by these bodies, but nevertheless licenses brokers receive regularly and legally. Summing up this section, we can say that binary options are not exactly lies and deception, but rather variations on the interpretation of the concept. If you treat this type of instrument as a game mode using market liquidity indicators, then it becomes an interesting and simple method of obtaining income.
Binary options are evil and scam!
Most traders, especially those who fail in the binary options trade, call the tool a divorce and an evil! Yes, it is very easy to lose money here, but also just to make money. The reason for all the failures of investors lies in the plane of their own mistakes of traders and unprofessionalism.
Many losers can see themselves in the following example: a novice trader who has heard about the potential for earning money in a binary market, or reading an advertising article, thinks that I can earn as well – nothing complicated. The next step is to register the first broker on the site, completely thoughtlessly and unprofessionally. Then a quick study of simple instructions – such as how to work with options and terminal, crediting funds to the account! And, of course, after half an hour, thinking that he is already a professional, and can guess all the market movements such a “trader” starts trading. Another hour later, the deposit goes to the broker! And at that moment a feeling is born that you were deceived! But analyze your actions!
вЂ“ What kind of trading platform did you choose? There are many companies in the brokerage market that deceive customers with a variety of techniques and approaches, including theft of funds
With what deposit did you start. Maybe its volume is trivial enough to properly manage the risks and so you quickly merged the deposit.
вЂ“ Trade without skills and knowledge does not work! This is the truth and motto of professional traders. Only knowledge in technical analysis and other modes of market evaluation, effective strategy, extremely clear discipline of the trader in financial matters and psychological stability of the investor can lead to a good result
вЂ“ But on the basis of their unsuccessful experience of this kind, investors create an opinion about a trading instrument. Is it not easier to realize your mistakes? To become a true professional requires a lot of time and effort. To put it simply, a successful trader in his career takes such steps:
- Completely studies the technical algorithm of the contract for trading
- Gets knowledge in technical analysis of the market and forecasting issues. This includes the development and study of strategies, and the choice of the most effective way to assess the market
- Correct choice of the risk management regime
- Discipline of the investor in the issue of rules of contract execution according to the indicators of the strategy
Having tempered their excitement, and acting according to the rules and restrictions of trading, any investor will be able to get a good profit in the binary market.
Therefore, do not be unfounded to blame the reception of profit in deception, the whole reason is only in the user!
РЎhecking the brokers for a fact of fraud
We came to a more practical issue of binary trading – a deception from the binary option brokers. The problem of fraud brokerage companies today is not so pronounced – many small operators have left the market, scammers who steal customer funds, have themselves exposed investors. Large platforms have received licenses and now can not widely use tricks of deception. But still in some moments the company uses certain tricks:
вЂ“ Deriving trading positions on the financial market – in most advertising materials, brokers state that each trader’s trading position is displayed on the world market. This is an outright deception! In fact, online brokers are dealing centers that form the client base of investors playing against each other and the company itself. No one puts your contracts on the market, and they do not affect the quotes of a financial instrument, even if you use billions in trade, it will not shift the liquidity on the asset chart by one point! Therefore, treat this trading mode as a game of elimination!
вЂ“ Technical operations with quotes – there are times when traders, on the basis of predictability of the market situation, draw up a huge number of potentially profitable contracts and this can cause financial losses to the broker, which the company can not afford. The output for the company is simple – to tighten quotes at the time of expiration of the bulk of options. Believe me, they will not be stopped even by regulator supervision and fines. It’s simple, the amount of lost funds can significantly exceed the amount of sanctions. Therefore, it is more profitable to deceive traders. But such nonsense today is engaged in a very small number of companies.
вЂ“ Complex verification – you are a successful trader, and you get a good income, chose a seemingly safe trading platform, got the result and want to monetize the funds. But here there is a problem – the broker requires verification of the client and at the same time puts forward conditions that are absolutely impossible to fulfill. Such a technique is used by companies in the hope that the investor will simply surrender, refuse the deposit and the funds will remain with the company. Therefore, before you start trading on the platform, learn the verification process, so as not to get a surprise at the most interesting moment.
The result of this analysis is a simple recommendation – for trading you need to choose the most secure and trusted brokerage platform. We consider as an example of such a site resources from our TOP 3.
This trading platform for trading is the most secure, professional and client-oriented. Here, investors can work in the most comfortable mode with the use of a wide range of technical forecasting tools. In addition, the broker at all important stages of the activities of investors, including verification, offers the simplest technical modes of operation, based on interactive information techniques.
Binary options are without a doubt not a deceit and not a divorce of traders. With the correct use of the instrument in optimal financial and technical conditions on a professional platform, it is guaranteed to bring profit, and in a stable mode!
вЂњGeneral Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.вЂќ
Best Choice For Beginners!
Free Trading Education!
Free Demo Account!
Big Sign-up Bonus!
Perfect For Experienced Traders!