Is it worth trusting binary options signals and how to identify a scammer?
Binary options signals have become a popular service of all brokers and many “super traders” or “super trading systems” on the internet. But, can they be trusted with their deposits? After all, a signal is, first of all, a recommendation for making a transaction in binary options trading, and not an order. Once again, this is a recommendation.
Each binary signal service shows us, traders, statistics and how much they have earned. The results of these signaling systems can simply make us millionaires in a few days. Unfortunately, there are a lot of scammers who profit from the trust of traders.
Binary options scammers make money on the trust of traders. And lovers of easy money! After all, what such a super signal provider promises to give you, it wants to give for FREE, just make a deposit with a binary broker.
This is important to understand if you are promised 100% earnings, this is free cheese in a mousetrap.
Let’s take a look at the signs of fraud in binary options and how not to fall for the bait.
Usually, when you go to a page that advertises signals or automated trading, you will see a video that will explain how you can make money with the provider of these signals.
Almost always, the video is accompanied by screen shots. The logical chain is preserved all the time. The video instructor not only shows the kokoi huge danced hidden in the interior of this robot or signals, but also how many people have already become millionaires and bought new cars.
The purpose of the video is to show you why you need to take the next step.
What you need to pay attention to in order not to get to scammers:
- The promise of high returns. This immediately catches the eye. You are promised to earn thousands of dollars a week, or 100% profitable trades. At the same time, it is not explained at all how transactions are made, what kind of deposit or what risk is taken, this is an obvious deception. In such scam sites, you will always see people in expensive cars.
As you can see, the signals from the Golden Age project promise YOU “future millionaires” large profits
- Automated trading is a trade in which the binary options trader does not have to do anything other than deposit. A miracle robot will trade instead of you, it’s a hoax. After all, if you do not have control over transactions and risks, the loss will be mandatory. After all, the providers of these robots themselves are not interested in what you earn.
- No Risk – Some such binary options signals promise risk-free trading. It’s not possible, so it’s also a hoax.
- Very big bonuses. A binary options bonus can sometimes be useful. However, very high bonuses tie the trader to the broker and it is almost impossible to withdraw the deposit.
- Screenshots with only winning trades are very strange, hardly anyone shared information with such statistics. You can see that no one takes such results and risks.
- If you are shown the account itself, look at the change in balance, very often it does not correspond to simple mathematical calculations.
» Is binary options a scam or not?
Scammers always show you that it’s EASY to make money
The Money of the Century project promises the
easiest method of earning,
and immediately transfers the trader to the OptionRally broker
Now it does not matter how the signals are generated, it is important to understand how binary options scammers use them.
Some binary options scammers promote the signals of the brokers themselves. But there is no honest promotion here. Scammers promise earnings and reduce risks, while the broker itself shows numbers that differ from the advertisements of binary signal scammers.
Here, history repeats itself, the trader is shown how to make money by trading binary options, and is directed to the OptionBit broker
Fraud in binary options can be divided into two parts. Scammers are binary options brokers and scammers of signals, binary options robots.
This is the main problem, as scam brokers cooperate with other types of scammers to attract and deposit money.
How to identify a scammer among binary options brokers, we wrote in the article:
- Top 10 Signs of Binary Options Scam
- Binary options are easy to make a deposit, hard to withdraw earnings.
Dear traders, in order for us to help the community of traders, we ask you to send us letters with the names of scam companies.
Dear friends, we do not want to say that all brokers are scammers. No. Some brokers do not know how traders come to them, and also fall into the trap of scammers.
Also, not all projects that give signals or provide robots are a hoax.
Our goal is to teach you not to fall for the bait of scammers, and to choose the right binary options brokers.
Tagged with: Binary Options scam • Binary Options scammers • Complaint against the broker
