I have tried a lot of brokers in my binary trading career, well career might be the wrong word, trading loss would fit better. No matter what broker I have tried with binary options I always failed, it seems more like a game of luck than really predicting the correct direction of the price. I also avoided all brokers from this broker blacklist, but still got no luck. This is especially true when you trade with 30 seconds options. Nobody can tell me that this is possible to predict... My advice is to stay away from binary options and rather stick with forex trading.
I haven`t tried them but I gave up on binary options anyway. Just trying with a forex demo account at the moment, hopefully this will turn out better for me. So far it looks more complicated than binary trading but you have more flexibility on how you trade.
The words "binary options broker" are all you need, to identify the "scam": the business model of binary options broking itself, compared with that of most other brokerage models, denotes an operation with the deck permanently stacked against the "trader" (actually "gambler"). Neophyte traders traditionally have some difficulty understanding what a "broker" is, and online promotions, together with absent regulation over the usage of the term "broker", predicate that they widely fail to appreciate that a broker is someone who executes, on his client's behalf and in exchange for a commission-fee, a trade in a market to which the client himself doesn't have access, rather than a counterparty against whom one has a bet while the (typically unregulated) counterparty holds all the funds and both makes up and interprets all the rules, policies and procedures governing the transactions. We all decide for ourselves how we want to "trade". One thing's for sure: betting against a counterparty, under those circumstances, is a fairly sure-fire way of stacking even further against oneself a deck which is already adversely loaded.
From my side I agree, I have never had a nack for binary options. Better to stick to forex then hearing this from just added to why forex is better.
I know it will, just continue in the fine process your in and never give up easily. Be persistent and be into it 100%.
Binary Options trading has a lot of complaints now a days.. seems they still require a long time in order to get in maturity stages, in my opinion.
http://www.timesofisrael.com/the-wolves-of-tel-aviv-israels-vast-amoral-binary-options-scam-exposed/ An industry turning over hundreds of millions of dollars, employing thousands of people, is cynically cheating naive would-be investors worldwide via a range of corrupt practices. It is doing terrible harm to its victims, and it risks doing the same to Israel’s reputation