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**WARNING** Never Trade with NADEX Binary Options
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Nutter21

Member Since Sep 07, 2017  10 posts Nutter21 Oct 12 2017 at 14:49
Binaries suck. stay away

PrestonM

Member Since Dec 06, 2017  5 posts PrestonM Dec 08 2017 at 11:16
Nowadays many Forex brokers also offer Options trading! This kind of brokers are also too dangerous!

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Dec 15 2017 at 16:01
Binary options brokers are untrustworthy. There is a good reason why regulators like the Canadian one are cracking down on them so hard.
According to an FBI publication the binary options fraud is a growing problem and says that between 2011 and 2016 the number of complaints and sums lost to this type of scam have grown exponentially. (https://www.forexbrokerz.com/news/FBI-Losses-from-binary-options-fraud-run-into-the-millions) To quote them “In 2011, our Internet Crime Complaint Center (IC3) received four complaints—with reported losses of just more than $20,000—from binary options fraud victims. Fast forward five years, and the IC3 received hundreds of complaints with millions of dollars in reported losses during 2016”.

DmitriyT

Member Since Dec 06, 2017  7 posts DmitriyT (DmitriyT) Dec 17 2017 at 08:20
Binary options are casino!

The plan is 120%
UsdCadBoss

Member Since Dec 17, 2017  6 posts Russ (UsdCadBoss) Dec 18 2017 at 07:27
Nadex is regulated by the CFTC in USA, but binary options are hard to make a profit on. I tried before but lost money most of the time.

mlawson71

Member Since Dec 11, 2015  1487 posts mlawson71 Dec 18 2017 at 15:16
They’re not just hard to make a profit on, the majority of them are outright scammers. There is a good reason why countries like Israel, which had a vast binary options broker industry – and by vast I mean that it was at anywhere between $1 billion and $10 billion per year - decided to ban them altogether recently. (https://www.forexbrokerz.com/news/Israeli-parliament-bans-binary-options-industry) Nadex may be one of the few regulated binary options brokers, but as a whole this industry is untrustworthy.

FlavioGonzalez

Member Since Nov 04, 2017  14 posts FlavioGonzalez Jan 07 2018 at 07:54
Never think that the operator is going to line up and will earn money, many have already bought the jet ski, the private jet and all this kind of things. But this kind of mentality makes you lose.

AniLorak

Member Since Apr 18, 2017  813 posts AniLorak Jan 14 at 10:55
UsdCadBoss posted:
Nadex is regulated by the CFTC in USA, but binary options are hard to make a profit on. I tried before but lost money most of the time.


Options trading is not looking like the proper trading sector; it’s made by gambling based structure; so, we should stay away if we don’t want to lose money.

Szabolcs1985

Member Since Jul 26, 2018  9 posts Szabolcs1985 Jan 15 at 06:50
Yes, stay away from all binary options, not just nadex. Binary is like roulette. It is not a proper trading / investment program but speculative gambling. Keep away I say

Adribaasmet

Member Since Aug 27, 2017  739 posts Adribaasmet Jan 17 at 07:35
Szabolcs1985 posted:
Yes, stay away from all binary options, not just nadex. Binary is like roulette. It is not a proper trading / investment program but speculative gambling. Keep away I say


Correct; almost all of the options brokers are the market maker; I see they don’t allow big withdrawal; really frustrating.

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