Do you like Binary ?

Feb 02, 2018 at 11:58
2,224 Views
43 Replies
Member Since Oct 08, 2016   58 posts
Feb 02, 2018 at 11:58
My trading career, I have seen, people are frightened about any binary option trading, but in order to me, binary option is an easy and effective way to invest money in stocks and make a little extra on the side sometimes in less than 60 minutes. It provides an online platform that allows you to make an investments right from the comfort of your home. All you have to do is relax and watch your investments grow exponentially.
To change your trading result, just change your thinking.
Member Since Dec 11, 2015   1487 posts
Feb 05, 2018 at 15:47
Binary options, in my opinion, carry a significant amount of risk. Much more significant than Forex does. According to a very recent FCA report Brits lose an average of GBP 87 000 a day to binary options scams. (https://www.forexbrokerz.com/news/FCA-Brits-lose-GBP-87000-to-binary-options-scams-per-day)
The FCA warned that such fraudsters promise high returns and use images of luxurious items like expensive watches and cars and yachts to lure the people to put money in the scam.
After that, they usually distort prices on their website or refuse to return the clients’ funds using all sorts of excuses and citing impossible withdrawal conditions or simply shut down the client’s account and disappear with the money.
Member Since Jun 20, 2014   41 posts
Feb 06, 2018 at 06:18
The most disadvantage in trading binary options is to trade against the brokers ( ie traders win , brokers lose and vise versa ) . That means that there is no way the traders could win no matter what strategies they use .
Member Since Mar 02, 2013   238 posts
Feb 06, 2018 at 10:36
if you lose, you lose 100% of the amount you want to risk.
If you win, you get only ~ 80% (more or less, depends on the broker)

Is there anything mor to say?
It´s worse than roulette in a Casino.
The differenece between who your are and who you would like to be be is what you do
Member Since Dec 19, 2017   10 posts
Feb 07, 2018 at 14:31
I like binary but I hate binary brokers. They all seem to steal your money
Member Since Dec 06, 2017   21 posts
Feb 13, 2018 at 11:47
It is such a shame. I have had some good results using binary on demo account but all the brokers I've tried have screwed me on a real account
Member Since Feb 22, 2011   4862 posts
Feb 13, 2018 at 12:27
Binary is not any good. Regular Forex trading will give you much more options to make profit.
Member Since Oct 08, 2016   58 posts
Feb 14, 2018 at 10:19
i would strongly advice any trader to consider the facts before attempting to trade binary options. There are literally almost ZERO brokers who are trustworthy in their binary offerings , and there is no reliable way to vet them in advance –similar to how trading Forex itself was 10 years ago.
To change your trading result, just change your thinking.
Member Since Feb 15, 2018   14 posts
Feb 15, 2018 at 12:05
There are a couple (literally a couple) of good brokers. I think binary can be good that is why none of the big Forex brokers offer it. They are scarred they will lose money from retail traders winning
Member Since Dec 11, 2015   1487 posts
Feb 16, 2018 at 15:47
The entire binary options broker industry is deeply untrustworthy. There’s a good reason why Israel, which used to have a very large, thriving binary options broker industry, ended up banning their business altogether. (https://www.forexbrokerz.com/news/Israeli-parliament-bans-binary-options-industry) Those who violate the ban, will be treated as money laundering and offenders (individuals and companies) will face various penalties, including up to one year in jail.
Member Since Jan 31, 2018   16 posts
Feb 18, 2018 at 06:44
Wow that is extreme. It is such a shame that the brokers are such jokers as the idea of binary options is a pretty good one
Member Since Dec 11, 2015   1487 posts
Mar 02, 2018 at 15:14
The measure is extreme, I agree, but the situation was also quite extreme. The Israeli top police officer testified in parliament that the local binary options brokers had direct ties to organized crime (https://www.forexbrokerz.com/news/Israel-top-cop-admits-organized-crime-behind-binary-options-Knesset-to-pass-bill-next-week) and were laundering money. Under such circumstances they had to take measures.
Member Since Jan 31, 2014   83 posts
Mar 02, 2018 at 16:24
Binary Options - full of scammers not linked who can mysteriously by taking control of your account recoup the funds you have lost.
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Member Since Mar 04, 2018   39 posts
Mar 04, 2018 at 08:58
Yea i like binay option.
natalie986754@
Member Since Feb 15, 2018   14 posts
Mar 06, 2018 at 14:40
I like binary but I don't like binary broker
Member Since Mar 07, 2018   1 posts
Mar 15, 2018 at 07:02
I played around with a demo account. To me it's too much like gambling, but I was only doing 5 minute binaries. And with the volatility of the Forex market the longer binary options don't seem like a good idea.
Member Since Feb 12, 2016   427 posts
Mar 15, 2018 at 16:00
Never binary ... this is just no good for trading.
Accept the loss as experience
Member Since Feb 22, 2011   4862 posts
Mar 16, 2018 at 10:39
Forex offers soo much more opportunities than binary.
Member Since Mar 01, 2018   13 posts
Mar 16, 2018 at 13:47
That is right. binary is 50:50 and you can only make 70% og what you bet. This is a sure way to lose
Member Since Dec 11, 2015   1487 posts
Mar 16, 2018 at 16:39
There has been yet another warning issued by the British regulator FCA against a binary options broker. The FCA has warned that the company Tradeplus Solutions is offering financial services to UK clients without the necessary authorization and that it may be a scam.( https://www.forexbrokerz.com/news/FCA-warns-of-Plusoption-binary-options-broker)
 According to the regulator, the company has an address in Bucharest, Romania and in UK. According to the company, they are owned by Redfield Markets ltd, with the same UK address as that of Tradeplus Solutions. Usually such changes of company and brand names are an almost certain sign that this is a scam, trying to rip off unsuspecting clients.
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