I did it just to check and made a deposit of 300 EUR.
Then a guy called me and sad he is my account manager and wanted to help me to become a good and successful trader in a short time. He did like he was my best friend and wanted the best for me. But i should start with more than 300, else i would not make good profits.
He gave me trading tipps according to market analysis and also said how much to invest (like 500 on Apple (buy), 500 on microsoft (sell), 500 on EURUSD ,… with a account of 2000!! Completely crazy!!) . He said I should trust him and spoke in such a professional way, that I was blind and did what he said. In the beginning he nearly called me every day to give me tipps and asking me to deposit more money.
The end of the story, after a couple of weeks I blew up my account, lost roundabout 3500 € and this “friend” never called again.
Someone wrote a good post about binary options yesterday, but I don´t find it anymore.
May be you should read this topic: https://www.myfxbook.com/community/new-traders/avoiding-dangers-binary-options/1071947,1
In conclusion I try it with a few italian words:
Binary options = Casino / Roulette = grande merda !
Giù le mani!
The differenece between who your are and who you would like to be be is what you do