https://www.timesofisrael.com/search/?q=Binary+options+&submit=search Read the Times of Israel coverage of binary options. Very detailed and comprehensive. No positive articles.
Just had a long chat with deriv.com... it looks like they offer exotic only to a few countries in the world. The list of prohibited countries is huge.
well I'm three for three...the last one was a slip of the mouse. How are they going to manipulate it if they have hundreds of trades on either side? One side has to win.
I will take profits every week so can't lose that much. If they pissoff not much I can do...I guarantee I have/will lose more to fees trading options.
I just realized that yes it is closing the position if you get the exact price (which you can) but you likely will not get the exact expiry time. If they are seconds apart one side will remain open and unprotected....but it also leaves room to potentially still profit from both sides which has happened.
You assume that they run the same price for everyone, but that is exactly the scam, they don't. On a five-second interval is really easy to fake a level. Keep playing and you'll see that you barely break even or slightly lose. They run algorithms to keep you hooked by giving you small wins, the overall net will be in their favor.