Do you like Binary ?

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.

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 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.

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

Binary is not any good. Regular Forex trading will give you much more options to make profit.

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.

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

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.

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

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.

Binary Options - full of scammers not linked who can mysteriously by taking control of your account recoup the funds you have lost.

Yea i like binay option.

I like binary but I don't like binary broker

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.

Never binary ... this is just no good for trading.

Forex offers soo much more opportunities than binary.

That is right. binary is 50:50 and you can only make 70% og what you bet. This is a sure way to lose