Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
**WARNING** Never Trade with NADEX Binary Options
Previous 1 2 3 Next
mrtodd

Member Since Jan 12, 2014  120 posts mrtodd Feb 05 2016 at 16:41
I have traded with several companies and have never experienced such poor customer service. They are quick to take your money but I've been trying for 2 weeks to withdraw funds and they are doing everything possible not to process this transaction. They are regulated in the USA which I thought would make this easier but apparently it doesn't matter. Until I receive these funds I will consider NADEX a FRAUD.

You've gotta be in it to win it.
Timer2

Member Since Sep 23, 2017  4 posts Timer2 Sep 27 2017 at 06:31
I traded with Nadex this year and had no problems with withdrawal. Binaries are tough. I lost money most of the time. The spreads are killers.

BaldoN

Member Since Feb 12, 2016  522 posts Baldo (BaldoN) Sep 27 2017 at 13:30
My opinion is also - avoid any Binary Broker :)

TiffanyK

Member Since Feb 12, 2016  427 posts Tiffany (TiffanyK) Sep 28 2017 at 07:11
@Timer2 - Why you keep using this binary broker then? I cannot really understand why traders keep using the binary brokers..

Accept the loss as experience
mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Sep 29 2017 at 14:29 (edited Sep 29 2017 at 14:30 )
I don’t understand the pull of binary options either. There’s too much risk involved, a lot of the brokers are scammers too. At least a lot of regulators are wizening up and are banning them altogether. Canada just did. (https://www.forexbrokerz.com/news/Canada-explicitly-bans-binary-options) Perhaps the US will too.

LordRobert

Member Since Sep 18, 2013  12 posts BVL FX (LordRobert) Oct 01 2017 at 06:36
I think the attraction for a Forex Trader to use Binary Options is easy to see. We look at all time frames on a regular basis and we can generally tell which way the Market might be using our tools and strategies of estimation.

I too tried Binary with a seedy Broker and while I made a large sum in profits, I was never able to recover more than my initial principal back with the help of my bank. I used a credit card to fund the account and so it was resolved as credit card fraud in the end because their intent was to defraud by online purchase. The bank gave me my principal back but I do not know if they pursued anything more.

Beware of Binary.... I've still never heard of anyone finding a reputable one to-date.

AniLorak

Member Since Apr 18, 2017  813 posts AniLorak Oct 01 2017 at 06:39
Almost all of Options brokers are the same! They create technical difficulties after making good amount of profit! I see, so many negative reviews about this broker.

AmDiab

Member Since Apr 18, 2017  590 posts AmDiab Oct 01 2017 at 06:40
I see, nowadays many Forex brokers also offer Options trading! This kind of brokers are also too dangerous!

Timer3

Member Since Sep 27, 2017  5 posts Timer3 Oct 04 2017 at 07:20
TiffanyK posted:
@Timer2 - Why you keep using this binary broker then? I cannot really understand why traders keep using the binary brokers..


There is no chance of a margin call like chf and gbp events.

But I no longer trade binaries.

TiffanyK

Member Since Feb 12, 2016  427 posts Tiffany (TiffanyK) Oct 05 2017 at 14:30
Good decision smiley

Accept the loss as experience
Previous 1 2 3 Next
Loading
Loading
EURUSD 1.11362 GBPUSD 1.32095
USDJPY 108.628 USDCAD 1.31648

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2019 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.