To identify the right broker for trading is not an easy task but we can find using our knowledge and skills. For that we have to learn the Forex so that we can make right choice.
I met a lady that lost £24,000 to 72 options broker. We need to create more awarenes, platforms to warn people about scam brokers and binary options investment generally. No deserves to lose their money to nothing. After years of hard work. Pls suggestions will be welcomed..or at least repost. Its disgusting
Agree, we need to have something that can help us about our scam issue of brokers. There should be some organization which can control on different brokers so that we did not face scam.
I don’t want to say this, but 90%+ brokers in Binary are scam, at least according to my experience. Now, you might consider me extremely unlucky or bad luck that I only encountered such Binary brokers or maybe just this industry not dependable. It’s your decision to pick.
It is a mathematical fact that the odds on Binary Options are worse than a roulette wheel. That is what an honest "broker" gets you. As stated above, and for a plethora of reasons, all the other binary option casinos are frauds and they will steal your money. Anyone still playing with this garbage gets what they deserve.
There are many ways to make some good money online, but I would prefer Forex Trading over binary options, though it is not at all an easy task, but it is too much rewarding.
You can't blame people who tried to invest their hard earned money for this scams. Why would anyone try to steal someone else's money though? It's a great thing people are recovering their money through charge backs and other means.
Yeah, and I blame myself for any decision I make, even if it was the decision to choose any broker, you cannot blame him as you yourself chose him.
Many brokers in binary options trading simply sucks and it is really hard to find out the right broker so a little research isn't enough we need to be more vigilant while searching the right broker to start trading.
Binary Options could be built using proper Exchange traded Options, Like Vertical spread As a attractive product nothing wrong if you like a QUICK bet like betting on a horse race! as long as the "Bookmaker" is regulated At the end of the day Binary options are OTC products like FX or CFD so no central exchange and thus less transparency.. no wonder so many scams Somebody mentioned NADEX .. yes sure it has "Exchange " in it's name but is it truly a neutral exchange? becasue if you look closely you will find the major market maker is owned by same company that owns Nadex! so just like anther OTC FX LOL ( please correct me if I am wrong on being "True exchange" or not)