Do you like Binary ?
PriceAction13
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.
mlawson71
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.
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.
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 .
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.
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
I like binary but I hate binary brokers. They all seem to steal your money
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
vontogr
(togr)
Member Since Feb 22, 2011
4851 posts
Feb 13 2018 at 12:27
Binary is not any good. Regular Forex trading will give you much more options to make profit.
PriceAction13
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.