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Binary Options Scam Broker (Need Help!)

kerypash
Oct 05 2017 at 07:19
4 posts
Hi all,
In my opinion, the brokers who allow the binary options are not reliable. So i would recommend to chose wisely when it comes to choosing the broker for your trading.

mlawson71
Oct 06 2017 at 10:26
1487 posts
Even private companies like Apple are changing their rules and banning binary options apps from their stores. (https://www.forexbrokerz.com/news/Binary-options-apps-no-longer-permitted-by-Apple)
The crackdown is coming from all sides because after years of neglect financial regulators, law enforcement and private business finally realized how risky this instrument is and how dishonest the brokers offering it often are.

CoolKimOne
Oct 08 2017 at 06:17
12 posts
Binary options is a bit of a joke. Totally unregulated and more like betting /gambling than actual trading. Stay away

mlawson71
Oct 09 2017 at 15:44
1487 posts
Another warning against a binary options broker, this time from Nova Scotia Securities Commission – and the warning is against the binary options broker AshfordInvestments, which is not authorized to sell securities in the Canadian province.( https://www.forexbrokerz.com/news/Nova-Scotias-regulator-warns-of-binary-options-broker-AshfordInvestments)

It’s incredible how they tried to operate in Canada although the country recently banned binary options altogether, as samabiong said.

SAFXEater
Oct 10 2017 at 14:44
15 posts
Just keep away from binary stuff. Even if you get a legit broker you can never make money with binaries

xposebinary
Oct 27 2017 at 09:40
1 posts
I recently recovered my initial Investement from a scam broker. Glad the nightmare is finally over. Happy to share my experience. Feel Free to reach out.

mlawson71
Oct 27 2017 at 13:14
1487 posts
Apart from banning binary options occasionally regulators actually do their jobs and impose fines on binary options brokers and their employees who have crossed the line - the Cyprus Securities and Exchange Commission (CySEC) has announced several board decisions penalizing some of the former senior managers of the Pegase Capital company that operated the binary options brokerage Interactive Options. The fines total €200 000 and are imposed on three company officials. (https://www.forexbrokerz.com/news/CySEC-slams-Interactive-Options-managers-with-200-000-fine)
CySEC clarifies that the fines are for failing to have in place and strictly follow operational requirements and to periodically assess the effectiveness of the policies arrangements and procedures implemented by the Company for complying with obligations provided in the Cyprus legislation.

Admoni
Oct 29 2017 at 07:24
95 posts
There are many important trading elements that we the traders have to check when choosing a broker . from all spreads is an mainly considered as an important financial tool which an investor should consider when choosing a broker. The lowest trading spreads is very supportive to lead a healthy trading life with surely.

mlawson71
Nov 06 2017 at 15:17
1487 posts
South Africa’s financial services provider and markets regulator, the Financial Services Board (FSB) has issued a warning against the binary options broker Stockpair. (https://www.forexbrokerz.com/news/South-Africas-FSB-blacklists-binary-options-broker-Stockpair)
According to FSB a South African client has complained that he could not withdraw his funds from Stockpair. The company is not licensed and regulated in South Africa and instead is registered offshore.

dillon47
Jul 23 2018 at 14:13
1 posts
This happened to me last year as well, got involved with one eurekaminingblock and another options broker that I lost almost 200kUSD to, I was so devastated when it happened, after several attempts to get my money back involving lawyers etc, I was able to recover my money.

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