Binary options reviews .This article reveals the full review of binary options trading. This review is completely about trading and the instrument itself, which is called binary options. After reading the full article, you will understand how brokers work, who makes money on what and will be able to make a decision and answer the question “Should you trade binary options?”. Our review of binary options is based on the experience and letters of visitors to our site. The whole truth about binary options!
A useful article for both novice traders and experienced traders.
How Binary Options Work
When we have dealt with the definition of “What are binary options”, it is important to understand how the mechanism works and who makes money on it.
On the technical side of the issue, there are three main sides that you can make a deal with binary options.
- The first party is to print the option. These are financial institutions like banks, investment companies, or the companies themselves that provide an opportunity to buy a share or other instrument.
- The second party buys/sells the option. We are the traders who buy Call/Put options
- The third party is a binary options broker. An intermediary between a financial institution and a trader.
By making a transaction, we earn less than 100%. On average, 85% of our investment. 15% is the premium that is paid to the broker. If we do not make the correct prediction, we lose our investment and it goes to the organization that issued this option, and they pay part to the broker.
It seems that everything is clear who earns and how.
This is an ideal system and it should work this way, but still there are pitfalls that you need to know in order to start making money trading binary options.
>> Binary Options Expert Reviews
Binary Options Scam
In this situation
, the one who can influence the results of trading is a binary options broker and trader.
The binary options broker must provide full access to the transaction. It is important that the transaction is opened instantly and the broker is not interested in the trader’s losses.
Since the transfer of binary trading online, many scam companies have appeared. The purpose of which is simply to take possession of traders’ money. These companies operate according to the following system:
Aggressive marketing, which promises a trade, start making money in the financial market with just a deposit of $500 dollars. You are promised training and signals that will increase your deposit and make you a rich person.
It seems that there is nothing wrong, and everyone is looking for clients as he wants, however, binary brokers are scammers who are interested in your deposit because all 100% goes to the scammers.
The system of their work is banal.
After making a deposit, you are shown the trading platform, given a quick explanation of how to trade, and asked to place a bet. Almost 99% of newcomers lose money immediately. Such trades are no different from casinos. When there is zero left on your balance, they contact you and pressure you to make another replenishment. And so it goes on until the trader realizes that he has fallen for the bait of scammers.
There is a second option, when a trader makes a bet and earns and asks to withdraw money. Here, the scammer broker behaves differently than at the beginning. No one responds to letters, calls and appeals. When a trader switches to threats, it does not give any result. Even if he is answered, they show that in the terms of the company it is written that he cannot withdraw money.
Binary options arguments “Against”.
Testimonials of traders against binary options. Some financial market traders oppose binary options. Arguing this, that the speed of transactions is so great that it practically does not allow you to make a clear analysis. Some compare binary trading to casinos or gambling. We conducted a survey and eventually found that there are as many practical arguments “against” binary options as there are against forex. Trying to go deeper and fully understand what the disadvantages are, everything turned out to be much more banal.
Traders
who trade for time periods of more than a day are opposed to intraday trading and turnover
. The same arguments are against scalper traders. Although the binary option itself is the best tool for short-term trading. Here, as in forex, the height of risks depends on the trader himself.
» Top 10 Signs of Binary Options Fraud
Binary Options arguments “FOR”
Feedback from traders and arguments for binary options trading.
We decided to get a review of binary options from our subscribers. After all, only a real trader can rightfully and objectively evaluate a financial instrument. We asked our traders a few questions that should show the advantage of binary options trading. Based on these reviews, we have compiled a list below:
- Trading Speed – Binary options are best suited for intraday trading. One of the most important advantages over forex trading.
- Expiration time – expiration time, starting from 30 seconds, is suitable for all scalpers and is the best and optimal trading tool. Thus, the speed of making a profit is the highest. The trader makes a profit in 30 seconds.
- Number of Instruments – Binary options brokers offer more options for trading. Since, in addition to VAZ assets, there are still different options for options.
- Risks – due to the lack of high leverage, traders are less likely to lose their deposit. Risk management depends on information about future losses and earnings. That allows you to do proper financial management.
- Trading sessions – binary options can be traded on weekends
- High profit – the possibility of earning much higher than losses. In some types of binary options, the profit exceeds 500%.
- No commission in binary options trading – unlike other financial instruments, no commission is charged to the trader in binary options trading.
- Simplicity – binary options trading is considered the easiest type of trading. The analysis itself is no different from other financial markets.
- Low threshold for entering the market – you can start trading binary options from $ 100.
- Taxes – no taxes are paid in binary options.
» Leave a review about the binary options broker
How not to fall into the hands of scammers
The popularity of binary options trading attracts not only traders, but also scammers who want to profit. Scammers can be both brokers and different services. How to recognize a scam broker, read our article ” 10 main signs of a binary options scam “.
There are several types of fraud. Such as: signals, training, super robots, etc. Usually, these “super riding services ” use the following system. The trader is asked to either open an account with a broker or pay for the service. Thus, these scam sites earn from affiliate programs or from the sale of your registration data. Beware and always test. It’s better to lose $300 than to fall for a scammer who will suck all the money out of you. It is best to learn how to trade and trade yourself. The logic of scammers is built on the desire of many people to get a “freebie”.
Only knowledge and experience will bring you earnings.
Where to trade and how to use binary options brokers.
By reading reviews of binary options , you will be able to choose the right honest broker for trading. By carefully studying what the binary broker offers you, you can get everything to the maximum. For example, having received training, support and trading signals, you can fully load and understand the essence of binary options trading.
We advise you to take advantage of bonuses so as not to risk your money, as well as get signals. Accordingto reviews of binary brokers, some signals reach up to 90%.
Choose only honest brokers.
How to choose a binary options broker
Inference
Reviews of binary options show that today, it is one of the best financial instruments. Which allows you to earn quickly. By choosing an honest broker who will give you training, bonuses and signals, you will be able to achieve good results. Everyone decides for themselves whether it is worth the risk and what risks to take.
With the right approach, you’ll be able to learn the basics of trading in no time. Build your trading strategy correctly and start earning.
Read and write reviews about binary options , always learn.
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