Binary Options deception
Binary Options is a fraud
The fact that binary options have made the Internet a huge "BOOM" in the last couple of years - perhaps many know. Availability and apparent, at first glance, the simplicity of working with binary options and their profitability attracts naive seekers of financial adventures in search of doing nothing and making a lot.
In connection with this influx of freebies lovers, more and more frequently on the Internet are dealt hysteria that binary options - is a fraud, and the binary brokers - a huge scam that lured people to him in order to rob them of money. Write about it and forex traders "are those who have tried," and just ordinary people who just heard a bell, but do not know where he is.
Where does such a number of disgruntled citizens "lost" in the binary options and to declare them to the whole world is deception?
"Trading binary options - this deceit and fraud!"
"Binary Options - deception to make money on them is not real!"
"I lost $ 200 per day!"
"Options - this casino!"
And the like - repeat, many who have lost dozens, hundreds and even thousands of dollars.
Is it fair to a lot of people do not trust binary options, or is in fact there are reasons? That is why I want to dwell on this in more detail.
Fraud - is a serious topic that is also relevant to trade binary options, because there is no one wants to be deceived, and take unnecessary risks. If you choose the wrong broker, you expose yourself to the direct risk, and certainly can not be denied in the presence of brokers scams market, no matter what their deception is.
In fact, when not having trading experience in financial markets, a person opens an account with a broker and start trading with the hope to each of its transactions receive 85% of profits, as a result of losing their money - called binary options fraud and scams.
The man, in principle, does not understand where he was and what he was doing. The main reason that people believe this kind of unfair trade, lies in their own literacy on the financial markets.
Binary options are now causing mixed reviews from various categories of traders. Some consider it cheating and divorce, others another financial instrument and the possibility to earn. Oddly right and those and others. After all, as they say about any market - about Forex, about trading stocks options and futures. In any market, there is a redistribution of money and if some players lose, the others earn.
The apparent simplicity of binary options trading, brought to the market a lot of incompetent "fortune hunters" - a word players. The low level of training, and often its absence in this category has led to a natural result - the loss of the deposit. Cries that binary options is a fraud, flooded many forums and blogs. Compassionate stories about the loss of the past "blood" causing a logical question - so all the same binary options fraud or not?
In fact, in any case important professional knowledge - of course, you can sit down for the first time behind the wheel and go ... but how far and how long you drive? Prior to the first pillar or fence?
Someone was disappointed and decided that the binary options - is a fraud and scam and someone realized that in order to achieve the business results you need or ask for help from professionals and individual learning with theory and practice, a step-by-step to comprehend all the wisdom of trading advancing at every step on the same rake.
There is only one version of the deception in binary options, which may be affected trading deposit - is to use the brokerage services of companies who came to the financial market with one purpose - to deceive their customers and make money "from the air", helping the traders to "lose" deposits. Such brokers are called "kitchens". However, fraud in our world is found at every step, and this has already cost to get used to and learn to not fall into the networks of unscrupulous brokers through which binary options are a real deception. To prevent fraud, it is necessary in the first stage even more serious in the selection of a brokerage company.
Some companies that advertise themselves as brokers, in fact, have no intention to give customers the opportunity to trade fairly and deliberately want to take the money of investors. In such circumstances, the trader will be difficult to get your money back.
Here are a few examples:
Many irresponsible citizens during the registration point is not your real data, rather banal fake. Any self-respecting broker to withdraw funds requires the actual data, which in this case, are easily recognized when you specify the details for cashing out and simply do not coincide with the registration data (create fake account).
As a result of these Gurus financial trading while attempting to bring his earnings come on the same rake own and get them on the forehead.
A separate group of people, naively believing that one intuition in trading binary options is sufficient begins furiously "to thresh the market" stacks of open transactions that are not going to understand where and to understand why, sometimes statistics plays for them, but then fortune turned "upside down his person "and is the end of the adventure ... and again, the cries of:" I was betrayed, deceived me This scam!
Brokers binary options is not a casino, and depend on market quotations and that they are not selected, cunning algorithm does not adjust when there are global prices and supply and demand for oil, gold or currency pair.
Competition between brokers binary options helps to improve the climate for traders. This is a fact in favor of the binary options is not a hoax. Moreover, brokers have large annual turnover, and as a result and profit. Perhaps 98% of brokers - a kitchen. Here, hard to understand, because to come to their offices, a cup of tea will not work. However, it is very cash specialties who are interested in the first place - is profit, and the second - is a large flow of money traded. This allows them to give a higher percentage of profits on options.
In addition the above, it should be noted, these deceivers are not many. The reason is clear: because of the peculiarities of trading binary options brokers earn good money a completely legal way, without cheating. Why a broker to take a risk going out of business just to earn a little more? It does not make sense, and therefore the motivation to cheat small traders.
Let us try to understand what the benefits of options trading are becoming - and the brokers and traders. It is logical because that brokers who regularly earn on each transaction, regardless of whether the income is obtained or traders suffer losses, interest in the ever-increasing number of customers. So, it is unprofitable to cheat!
If the trader makes a transaction, the broker as a reward gets 29% of the profits earned by the trader. If a trader loses money on the transaction, then it loses 85% of the funds, and receives as consolation only 15%. Turning to a more global level, not a single broker, and the whole brokerage or dealing center, we can talk about hundreds and even thousands of transactions every hour. It turns out that an equal number of losing and winning trades from traders, the company receives a net 14%, as the difference between the income of 29% and a loss of 15% (after the company receives and pays on each transaction of the money) is just 14%.
Now think about the question: who is going to destroy this machine for net earnings of 14% of each transaction, deceiving hundreds of people who can make a profit over the years? If the company decides to deceive any trader and free of ill-gotten money to take him, the management of the organization, at least, poor. Why? Yes, because you can get ten years 14% of the deal, even with a profit of $ 100, than the one-time get-gotten even 10 thousand dollars. Anyone versed in mathematics, will easily see the point.
Why do people think that the binary options fraud
Why, then, there is an a negative opinion about binary options, if everything is transparent and fair? Because many people have heard that the options are a great way to earn money, they decide to try their hand. As a rule, the amount for the start of their small, and not the essence of it. The key is that people want to extract exorbitant profits without doing anything - opened the trading platform in the morning and the evening gathering profit. It turns out that every day hundreds of people come to the market to try his hand without even a basic knowledge of the market. Lack of knowledge and the most effect on trading results - mass loss. As a result, they can be heard, that binary options - divorce and the like.
In conclusion, I want to say a few words to beginners. On the Internet often meet a statement that the binary options fraud. This usually written by people who were burned in the past. But if you look more closely - a question arises: Is not love a freebie and fast money pushes beginners to insane acts? Maybe in this deception and have their fault? And the answer will be positive. So - if you really want to make a binary options, avoid cutting corners and do not refer to what is heard by another amateur.
Another main reason why binary options are called "cheating" or "scam" is annoying advertising sellers of various secret strategies and magical miracle robot, which, according to the authors, will be on full automatic yield on US $ 500 per hour while doing nothing not necessary.
You can find on the internet something like this: "My name is Peter, I have earned millions of binary options due to my own strategy. Today I want to share it with you. Here you have a robot that will give signals to binary options. "
Most likely, this is the Peter convincingly ask you to buy a miracle robot, or leave your email address (which will then information on how to buy a miracle robot). You believe Pete, buy a miracle drug and a robot ... in the end will not be as wonderful and you will again come to the conclusion that the binary options divorce, because you did not help even a miracle robot Petit.
Coaches that promise to teach you how to earn money for a week or two millions - deceit! Most of the videos they show it successfully carved moments it trades, the person who created this video, has spent more than one hour of time to show the beautiful trade. Not to mention the screenshots.
In general, anyway, the robot for binary option - it is a utopia in which we want to believe lovers of easy money. If you have at least an hour of free time per day - pay it to the market research and development of its own strategy and start trading on their own. After a while you will see that you have all turns out. Do not let scammers capitalize on your mistakes - learn to earn only his mind.
Another fairly common on binary options type of fraud - is the sale of "100% accurate" signal for binary options trading. There's even no need to explain too much. This is utter nonsense.
Yielding to loud "zamanuhi" advertisers shaft knocks people on these signals. And of course, the most popular question - why can not I.
Avoiding unreasonable risk to the binary options
1. Sign only proven and reputed broker binary options.
2. It is desirable that the broker had a certificate.
The fact that the organization can get a certificate that meet certain standards, which can get so much more.
Under what conditions is given by brokers license:
at least 5 years of brokering activities,
not less than 5000 registered active customers,
no cases of payments to traders not earned money,
availability of advanced protection of customer information systems.
A trader must always be a number of ways to withdraw funds from the account, offering his broker. Classical methods - it checks and money orders. If you notice that there is only one or a couple of methods for removing the money, be careful - it is likely that this binary options trick. To date, the major brokerage firms provide the opportunity to use credit cards Visa or MasterCard transactions is at the trader's account, ie the trader can conduct operations from their score through credit cards. With their help, the trader can also transfer money to another account. Such convenience is very practical, especially if your transactions and revenues increased in size, while you simplify access to their money, if you want to trade a variety of assets.
Today, many Forex brokers quietly connected to binary options, giving its customers the opportunity to trade binary, and traders are increasingly combine currency trade with the option, using binary options services not only as a direct transactions, but also as a hedge positions open on the forex.
ATTENTION! Trade in binary options is associated with increased financial risks. Before you start working with real money, be sure to try the demo account.
On my own I want to add
By collecting information on the Internet that binary options fraud, I have not met a single site, which led to quite a convincing case of this determination and that, to stating a fact or any valid evidence. Some sites that I was lucky to find a lead only blurred information not emphasizing on the specific facts of the fraud, or another situation, and nothing more.
Most often negative information about a particular broker, forex is not important, or binary options, can be found in the so-called review, where the percentage of real reviews of not more than 15% -20%, the rest mostly are the machinations of competitors. Each broker cares about its reputation and thus goes to various tricks to this reputation to increase and decrease the competitor's reputation - leaving positive feedback about themselves (do or their surrogates, or ordered on services, specializing in reviews and repost, where one paid review or repost costs just a few cents), just as there are competitors and any broker - ordering positive feedback for themselves and negative for its competitors. It turns out a kind of market where you can buy yourself a reputation, or at least keep ourselves on our toes - if we neglect this way, any broker will cast a negative feedback numerous competitors, resulting in the loss of customers, and thus the profits of the company.
The word comes from the English trader to trade - trade. Those a person who is engaged in trade. Since this word is used in relation to the financial markets, it sells it in financial instruments - currency, stocks, futures, commodities and other assets…