Earn money from home through Binary option, is this legit?

This is a discussion on Earn money from home through Binary option, is this legit? within the Fixed Odds & Binary Betting forums, part of the Markets category; There are so many complaints about most brokers over on https://binaryoptions-forum.com/ . I'm interested in trading binary options and want ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Oct 18, 2016, 10:04pm   #9
 
2 Posts
Joined Oct 2016
There are so many complaints about most brokers over on https://binaryoptions-forum.com/. I'm interested in trading binary options and want to get started, but I just don't know if disclosing my personal info is a good idea anymore. Can anyone help? With which company do you trade? Are you satisfied?
KristyW is offline   Reply With Quote
Old Oct 18, 2016, 11:37pm   #10
Joined Aug 2012
Quote:
Originally Posted by KristyW View Post
There are so many complaints about most brokers over on https://binaryoptions-forum.com/. I'm interested in trading binary options and want to get started, but I just don't know if disclosing my personal info is a good idea anymore. Can anyone help? With which company do you trade? Are you satisfied?
If at all you wish to try stick to a better regulated broker in UK or uSA
moka2 is offline   Reply With Quote
Old Oct 19, 2016, 12:22am   #11
Joined Sep 2016
Quote:
Originally Posted by KristyW View Post
There are so many complaints about most brokers over on https://binaryoptions-forum.com/. I'm interested in trading binary options and want to get started, but I just don't know if disclosing my personal info is a good idea anymore. Can anyone help? With which company do you trade? Are you satisfied?
I traded with the North American Derivatives Exchange (NADEX.com) which is the only binary options broker regulated in the United States and is TOTALLY legitimate.

I believe they went international some time around February or March 2015, but their setup is radically different from all the other binary options brokers. I think some people look at it and walk away because they see it as being too complicated, but anyone with the ability to put out a little effort should be able to understand it. Plus, they have PDF documents that explain everything, there are almost certainly instructional videos on You Tube, and you can practice with a demo account. (Though I DO use alternative charts since I very much dislike the ones they offer through their platform.)

I don't recommend them because I don't recommend ANYTHING to ANYONE, but I'm just informing you of a 100% legitimate outfit.

However, if you know what you're doing, its a LOT easier making money trading Forex going the traditional route, and I understand there are places that will let you trade micro lots (or even nano lots?) if initial account balance is an issue.

That said, I just started working on my own binary option system today, so I don't mean to turn you off, but then again, I'm using proprietary indicators to which no one else has access and am using a knowledge of price action and market structure of which I was TOTALLY unaware when I started five years ago. However, all things being equal, if I get this system working, I'll be focusing on binary options a lot more than anything else.

Last edited by Will Duxon; Oct 19, 2016 at 12:34am.
Will Duxon is offline   Reply With Quote
Old Oct 26, 2016, 11:01am   #12
Joined Mar 2011
No, I can now say with confidence they pick the optinos randomly. XYZ bot claim they use some advanced system, but they select options randomly.

Also, all the people that promote them on Youtube are fake, they obviously get some kickback from the bot providers if they generate links and sales to their pages. The promoters can also easily top up their balances from external bank accounts then pretend that the gain was from the options bot.

After some extensive research, it is all a scam.
saj1011 is offline   Reply With Quote
Old Oct 26, 2016, 11:08am   #13
 
ffsear's Avatar
Joined Oct 2006
Check out this e-mail I got got from a Binary Options sales gimp!

Andrew XXXXXX <andrew.xxxxxx@acervogroup.com>
21 Jul

to me
Dear Mr XXXXXX,

We are not regulated because Binary trading does not come under FCA regulation. Binary Options is as many people know a rapidly growing financial instrument. You probably have heard of Forex which is regulated by the FCA, however a few years back Forex was not under its regulation. The reason it was then regulated was the incredibly high amount of liquidity flowing through the Forex market which meant that if it was to be regulated the government could then tax it. In recent months the binary market has been receiving much interest and has been quoted in papers as possibly being regulated over the next couple of years because of the amount of money now coming into it. That is partly the reason we've had so many new clients, the fact that it's tax free and all other markets are currently volatile because global turmoil. This is the time to look into this market.

---------------

says it all, they don't know jack!
ffsear is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)