Binary Options Con/Scam

This is a discussion on Binary Options Con/Scam within the Fixed Odds forums, part of the Commercial category; Lol, What do you mean binary options aren't for everyone? They shouldn't be for anyone. Unfortunately beginners get sucked into ...

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Old Dec 11, 2015, 1:55pm   #329
Joined Dec 2015

What do you mean binary options aren't for everyone? They shouldn't be for anyone. Unfortunately beginners get sucked into it. binary options are by definition a scam.

Binary options are the equivalent of gambling. In fact the returns and payout for binary options companies are exactly the same as casino. Even if you were to look at best odds of 50:50 winning (which its not) platforms boast "up to 70% returns!" Which doesn't make sense at all - that means on a $100 trade you are risking $100 to only make $70 back.

Traders need to understand that it's not only about your % of winning but also your risk/reward ratio which is completely off in BO.

In the long run you will lose all your money in binary options trading. This is a mathematical fact.

Originally Posted by Mr Stone View Post
Hello everyone,

I was taking a few days off from posting, then a client of mine gave me a heads up on this thread.
To Filmon, sorry you got yourself screwed over. But making aqusations about my platform and location and services is bang out of order. You are in London are you? Well how about you come through to our office and meet me face to face. I am here Monday through to friday.

You want to sling crap around fine. But try to make out that we are a scam and not with an office in NW London is pure crap. You have an open invitation to come through at any time.

For anyone also joining in. I have stated numerious times we are not currently regulated or licensed. Check out there to see who has a sterling reputation and who doesnt. GOptions is growing and still providing top sterling service to any client trading with the platform. To date not one client has had any problem accessing or receiving their money when requested.

To the forum veterans i know you do not like binary options. fair enough it is not for everyone. A client chooses to buy the option on not. Bonuses are optional and not forced on anyone, and most importantly in our terms and conditions everything is in black and white.

Filmon, as I said. You are more than welcome to come through to our offices and see me face to face. I am in the office 10am GMT until late every day. So, before you continue badmouthing us, who incidentally have never had you as a client or treated you poorly at any time I suggest you get your facts right. Once this month is done I will continue posting some trades and ideas. Again I am not forcing anyone to do anything and yes I am after new clients. Everything I have said and done has been upfront and I am the only broker to have come to this forum for Binary at least and done that. Actually answered straight up to all questions and pokes.

Sorry if you got shafted. Next time READ the terms and conditions before you throw your money down the toilet with a platform that is out to screw you over.

Mr Stone
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Old Dec 11, 2015, 6:29pm   #330
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Joined Jun 2004
Binarys are the first way many wannabee traders get into trading ...........they are relatively simple to understand (like betting black or white in roulette) and will bleed you slowly.......

I cannot recommend enough people moving swiftly on to the next level and learning to trade for real.........its the only chance you will have to make money trading

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Old Mar 7, 2016, 5:16pm   #331
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Joined Mar 2016
As always guys, you should really try to stick to regulated brokers authorised by the FCA (if your located in the UK). Otherwise you have no control over where your deposits are located and you will not benefit from the many advantages of the State Compensation Fund.

If you want more info, you can have a look here Link Removed/

Last edited by Trader333; May 31, 2017 at 3:13pm.
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Old Jun 28, 2016, 10:54am   #332
Joined Feb 2016
Originally Posted by ph_trader View Post
there are many scam binary brokers, the same thing goes for forex, but there are legit ones, like optiontrade most probably i would rout for binary brokers affilieted with bigger forex brokers just for the sake of credibility. but its still hard to tell, its like a never ending struggle to decide which is which.
Agreed with this as its really hard to distinguish between good ones and bad brokers these days but i was thinking does this brexit event affect EU binary brokers registered with FCA?
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Old May 31, 2017, 11:06am   #333
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Joined Nov 2015
Originally Posted by davidfielder View Post
What you people fail to realize is this:
1. in the world of binary options, for better or for worse, if a trader wants a bonus - he must agree to this lock in period. Again, whether it's right or wrong - it's irrelevant. Customer can either agree to take it or disagree and NOT take it.
2. Jaga DID accept it
3. Jaga took the deal
4. He lost 2k of his money
5. Didn't like losing and preferred to cheat his agreement with this broker

Now, why am I angry at this idiot
1. He lied to me in an attempt to have me publish this nonsense
2. He forged documents and transcripts
3. He is claiming that it wasn't a bonus but that the broker decided, cause their just that nice, to give him free cash for his own personal use and available to be withdrawn - just for the fun of it
4. He carried out a spam attach against me personally on numerous forums and with no merit or basis

What I am further upset about is Liquid and Pboyles justifying this twobit thief
Well, justify it with the use of this pathetic argument of "virtual offices"
I don't think one cancels the other. You can see on []binary options australia[/URL]. Nor do I think it has any merit in this conversation

But if that's the issue that still really bothers you and you want an answer, you got one from Adam - but that's your business - not mine
Well the period of bonuses is over now. Cysec brokers are not allowed to offer any more bonuses.

Last edited by Trader333; May 31, 2017 at 3:15pm.
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