Get on the fast track to success and run away How many lottery scams do you see each day on the Internet? How many of them do you believe? We won’t ask why they’ve used Buffett’s name in the title – it’s clear, we don’t need to draw a diagram. But is it really […]
Posts in category Scammers
Information about Scam in Binary Options
Unfortunately, scammers are everywhere, of course, they have reached the sphere of binary options either, and there is a chock-full of them. We decided to put “the best” of them on this site, so that you are aware of scams and do not give your hard-earned money to fraudsters.
The fraud is a serious topic that is also relevant to binary option trade, because no one here wants to be deceived or to take unnecessary risks. If you choose the wrong broker, you expose yourself to risk. We cannot deny the existence of the market brokers’ fraud, no matter what their deception is. In contrast, the binary option market has many reputable brokers through which you can trade without any worries.
First of all, it should be noted, there not so many real cheaters. The reason is clear: because of the peculiarities of trading binary options the brokers earn good money quite legally, without cheating. Why the broker should take the risk of going out of business just to earn a little more? It does not make sense, and therefore the motivation to cheat the traders is quite small. In any case, the best you can is to be careful and to choose a broker and reliable trading methods meticulously.
In this article we will talk about the so-called black brokers. These are fraudulent trading platforms which do not fulfill obligations to traders. Most of them are specially designed with only one purpose to gather maximum money and do not give anyone their deposits. Some brokers are out of business due to bankruptcy.
Binary options have become a very popular form of earnings, so fraudsters are investing tens of thousands dollars to create the black sites and still remain at a profit. Below we will talk about the black list of brokers of binary options and put forward a few simple rules on how not to get on a black broker.
Tip: Every newbie trader needs to decide on a strategy which he is going to use in trading and necessarily to check out his strategy on a demo account, and only then start trading with real money.
Be careful and good luck!