Binary Options Reputation or Scam? How dangerous is binary options trading?

Interest rate cuts reduce the appeal of other investments, but trading in financial instruments continues to thrive. Many private investors are now ready to take more risks for opportunities for higher returns. In particular, inexperienced customers are often interested in binary options. It promises high profits in a short time. However, many people can find online negative reports about binary options trading, and the Consumer Center has spoken about this in a clear warning.

But what exactly are the risks associated with this easy form of trading for beginners? Is this a binary option scam? Or do the critics not understand how to de-risk binary options? We have come to the end of the most important question on this topic.

Does the broker deny binary options?

Many former users suspect that binary options trading is legitimate because they have lost all their trading capital. Many of these examples are not binary options fraud, but traders misjudged the risk and did not expect the total loss of binary options to be so fast. However, some users did not have the opportunity to trade profitably because they actually cheated a duplicitous broker to collect money.

The broker is likely to be a binary option scam. Since, for example, the price is offered by the supplier himself, intentional manipulation has been done here, so the broker can be considered to have a significantly greater loss with the customer than without price manipulation.

Another problem is simply brokers not paying the interests of their clients. There is no response for a long time after the customer requests a payment. Perhaps customer service still prefers to call the merchant to cancel the payment and continue trading the money. One day the broker will disappear from the field. Because many sellers are based abroad, it is often difficult for the seller to cheat and come to him with the right to money. Therefore, when choosing a broker, you should take care from the beginning: reliable providers who take their own money. The recognition of this is detailed later.

Why is trading in binary options so dangerous?

The high risk of fraud with binary options makes the transaction so dangerous. Even good, reputable brokers do not recommend trading all options for all investors due to the threat of large losses. You can get a lot out of each trade, but the potential loss is greater and usually affects your total stake. A good trading strategy and target technical analysis accurately predict performance due to the tendency of price trends to predict performance, but these methods have narrower limits on binary options and generally only provide a relatively small increase in the number of trades won you can. Even the best traders lose a lot of trades, so you should consider high losses from time to time. Even if professionals make an average profit by making the right decisions, it does not mean that they are safe from risks. There can also be differences between them, so in binary options almost every trader faces total losses.

Binary options are strictly financial bets, so there is a risk of addiction. Trading in Yuan stimulates the feeling of happiness and a vulnerable class, especially the fast-changing trade, solved a particularly high level. So always look out for possible danger signs.

Are binary options more dangerous than stocks?

Binary options are one of the most dangerous investments in the financial market. While shares are traded on the stock exchange, binary options trading is not exchangeable, so there is a direct trade between broker and client, with no more stations in between. This of course presents the possibility of fraud for brokers and has been exploited by many shady providers in the past. Since the broker can do the process himself, customers are concerned that the binary options are serious, and the price is not so much dependent on the customer’s huge loss of this for manipulation.

Another point that makes binary options a much more dangerous asset is the omnipresent threat of total loss. In the case of shares, the loss of the total value of shares is an exception. Even sick companies still have residual value that allows investors to sell shares. Binary options, on the other hand, are “all or nothing” affairs. Here profit is paid or the entire service is lost. As a result, the credits in customer accounts generally fluctuate and depend on a significant amount of luck. Another common argument is that binary options do not buy real values. Only bets are made and the dealer is paid a predetermined amount accordingly. In the case of stock trading, on the other hand, the client acquires shares of the company and owns the real estate, so if the trader is not currently active, it can gain or lose value.

What steps are taken to protect the dealer?

It is important that traders are familiar with data and money. Therefore, trading is desirable only if it is possible to seriously trade binary options with a broker without fear of fraud on the safety of clients or the fear of experts who are not knowledgeable.

When the binary options market entered and became very popular, there were a large number of villains, whether in all regulatory brokers. Meanwhile, we can only offer stores to German customers with the appropriate licenses. It can be issued by the Federal Financial Supervisory Authority (BaFin) to brokers in Africa. However, licenses from the country of origin are also accepted. Especially many brokers are in Cyprus. Since Cyprus has good conditions for online brokers, this is related to the local tax benefit, which allows clients to pass on cost benefits to their clients, which can provide a very favorable condition, which is of course a competitive advantage. At the same time, Cyprus is also an EU member state, so brokers are regulated by strict EU legislation. This is beneficial for our clients and is also popular with Cyprus brokers.

 

Can You Trade Binary Options Successfully?

If you accept that binary options scams are, then successful trading is impossible. In reality, most traders cannot profit significantly in the long run, and many people lose a lot. On the other hand, there are traders who successfully trade binary options. It must be able to work hard for long-term success, educate itself and handle the repeated high loss phases with consistent risk management.

In many promotional videos of brokers, this professional trader is known for a kind of hero who earns a lot of money every day without much effort. At the same time, interested newcomers can be convinced that they can succeed quickly and even with little effort. Experts here are hidden that they can succeed because they use binary options to expose their assets to a huge risk and not invest the entire free capital.

A scam forum for binary options While we read some reports of the failed trader, while reading the dream of professional trading, you have to invest too much money. Of course, before entering the retail world, he must provide enough information to let the user know that binary options trading does not lead to long-term success overnight. But brokers are here too. Traders fail as long as it is delivered with misleading ads that can make big money quickly, even those with binary options.

Are the bonus hires serious?

Many brokers can get bonuses for new clients. The broker then deposits the trading account as the first deposit into the additional account. This is a very nice addition and of course the dealer is willing to get it. However, read the terms and conditions exactly in the bonus offer. After all, you need to know what’s there before you sign a contract.

In the case of bonuses, bonuses are paid on the account and must be pre-traded before the bonus is paid. The exact terms for the bonus benefits of each broker are often very hidden and can only be found after a few searches. Moreover, the positive side with bonus promises is often emphasized and the negative side is completely empty.