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How binary options brokers lure clients
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Noorx

Biedrs kopš Aug 03, 2016  3 ieraksti Pasillvian Connors (Noorx) Dec 09 2016 at 09:41
Can't people have enough already? Isn't Forex the best we can have over the internet?

TiffanyK

Biedrs kopš Feb 12, 2016  306 ieraksti Tiffany (TiffanyK) Dec 09 2016 at 13:52
lee42747 posted:
I think we should all stay away from the binary options, after reading many complaints all over the place.


Exactly, everywhere I check the comments are 95% negative. That was a good warning smiley

Accept the loss as experience
ricki72

Biedrs kopš Mar 02, 2013  235 ieraksti ricki72 Dec 09 2016 at 14:18
Someone made a row of moneymaking opportunities, assorted from the safiest (less risky) to the most dangerous (very high risk, gambling). I don´t remember where (which forum) and when. But what I remember is:
Forex trading was somewhere in the first third or in the middle.
The last one was ...undisputed... binary options!
Even BEHIND Casino!! eek

It´s simple
- On the roulette table you put a coin on read. You have (nearly..) 50% chances to win (because of the zero). I you win, you get one more coin, it means +100%. If you lose, you lose your coin = -100%

- In the binary options, you bet with $100 for example that EURUSD will go up in the next hour.
If it doesn´t, you lose 100% ($100)
If you win, you get only --> 80% <-- !!!, because 20% (more or less) goes as comission to the broker!

So if in long term you win 50% of your bets... you will lose all your money!
In the binary forums they say that you need to win att least 65% of your bets, just to keep your money! (not to make profit)

(Sorry for stealing your picture, FXMasterGuru wink hope you don´t mind)
Pielikumi:

The differenece between who your are and who you would like to be be is what you do
Noorx

Biedrs kopš Aug 03, 2016  3 ieraksti Pasillvian Connors (Noorx) Dec 11 2016 at 07:20
ricki72 posted:
Someone made a row of moneymaking opportunities, assorted from the safiest (less risky) to the most dangerous (very high risk, gambling). I don´t remember where (which forum) and when. But what I remember is:
Forex trading was somewhere in the first third or in the middle.
The last one was ...undisputed... binary options!
Even BEHIND Casino!! eek

It´s simple
- On the roulette table you put a coin on read. You have (nearly..) 50% chances to win (because of the zero). I you win, you get one more coin, it means +100%. If you lose, you lose your coin = -100%

- In the binary options, you bet with $100 for example that EURUSD will go up in the next hour.
If it doesn´t, you lose 100% ($100)
If you win, you get only --> 80% <-- !!!, because 20% (more or less) goes as comission to the broker!

So if in long term you win 50% of your bets... you will lose all your money!
In the binary forums they say that you need to win att least 65% of your bets, just to keep your money! (not to make profit)

(Sorry for stealing your picture, FXMasterGuru wink hope you don´t mind)


Exactly my point. Binary Options are full of commission and spreads, so that'll double your losses. Not only that, but its clear sense that this business model is a complete scam, but for newbies, its only a ''great'' opportunity to grab. They say that its a once-in-a-life-time opportunity, which still doesn't make absolute sense.

Hey, let 'em learn, its their money after all...

terrate

Biedrs kopš Oct 17, 2016  8 ieraksti terrate Dec 11 2016 at 07:33
Yes, forex ald enough. Binary option scam too many and if you do binary option then u better go sport betting. the water money too many for binary option , u only won around 70% to 80% at a trade , not fair game.


Enjoy your Profit and Loss
OneCowboy

Biedrs kopš Jun 15, 2016  1 ieraksti OneCowboy Dec 11 2016 at 07:35
I deposited with TitanTrade and they assigned me to a bunch of crooks broker Trade Financials. They all pressured me to take an initial bonus of $500.00 and then the games began. They'd make you some money with good trades, then force you to take another bonus to get more help from the 'analyst'. Refuse, and they would hang up on you and tell you 'okay go trade your account - you will lose all your money'. Of course the dealer desk is now trading against you at this point and when you agree to continue trading with them and receiving all this expert analysis again they slap another bonus on me. Now it's not my money anymore, they control the account now. Speak your mind or refuse additional bonuses and you are done, they won't talk to you anymore. When I complained to TitanTrade, they said I had to work it out with my broker HAHA what a scam.

Bohdan73

Biedrs kopš Oct 21, 2016  43 ieraksti Karel (Bohdan73) Dec 12 2016 at 13:54
OneCowboy posted:
I deposited with TitanTrade and they assigned me to a bunch of crooks broker Trade Financials. They all pressured me to take an initial bonus of $500.00 and then the games began. They'd make you some money with good trades, then force you to take another bonus to get more help from the 'analyst'. Refuse, and they would hang up on you and tell you 'okay go trade your account - you will lose all your money'. Of course the dealer desk is now trading against you at this point and when you agree to continue trading with them and receiving all this expert analysis again they slap another bonus on me. Now it's not my money anymore, they control the account now. Speak your mind or refuse additional bonuses and you are done, they won't talk to you anymore. When I complained to TitanTrade, they said I had to work it out with my broker HAHA what a scam.


Wow, after such a story I start wonder where is the police, forget about regulators! smiley

Trade with determination!
Bohdan73

Biedrs kopš Oct 21, 2016  43 ieraksti Karel (Bohdan73) Dec 12 2016 at 13:55
ricki72 posted:
Someone made a row of moneymaking opportunities, assorted from the safiest (less risky) to the most dangerous (very high risk, gambling). I don´t remember where (which forum) and when. But what I remember is:
Forex trading was somewhere in the first third or in the middle.
The last one was ...undisputed... binary options!
Even BEHIND Casino!! eek


It is interesting for me what is no 1. Maybe deposits in banks or trading bonds smiley
@Noorx I also think forex is quite a good option so no need to look for alternatives like the binary options.

Trade with determination!
Noorx

Biedrs kopš Aug 03, 2016  3 ieraksti Pasillvian Connors (Noorx) Dec 12 2016 at 15:18
Bohdan73 posted:
ricki72 posted:
Someone made a row of moneymaking opportunities, assorted from the safiest (less risky) to the most dangerous (very high risk, gambling). I don´t remember where (which forum) and when. But what I remember is:
Forex trading was somewhere in the first third or in the middle.
The last one was ...undisputed... binary options!
Even BEHIND Casino!! eek


It is interesting for me what is no 1. Maybe deposits in banks or trading bonds smiley
@Noorx I also think forex is quite a good option so no need to look for alternatives like the binary options.


Exactly my thought. By the way, Titantrade is not regulated at all. People enter any broker and give them their money like total idiots.

CarlosMZ

Biedrs kopš Apr 07, 2015  36 ieraksti Carlos (CarlosMZ) Dec 12 2016 at 15:26
Bohdan73 posted:
Wow, after such a story I start wonder where is the police, forget about regulators! smiley


Hah, the police! I don't think they can help here smiley

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