Manipulation by a Large Broker?? W/Screenshots (BinaryOptions)

hohoham

Newbie
9 0
Manipulation by a Large and Reputable Broker??? (Binary Options)

Trading on CFD binary options, shouldn't the underlying indices price for different expiry time be the same? But why is this broker's underlying price all different? This becomes increasingly apparent nearing expiry. I'll post a few screenshots, I actually have a video capture as well.


Screenshot 1, Wall Street binary CFD, 15:20 21 March 2017
5 minutes: 20727.11
20 minutes: 20738.60
Daily: 20725.82
(12.78 points difference)



Screenshot 2, Wall Street binary CFD, 15:55 21 March 2017
5 minutes: 20752.90
20 minutes: 20759.03
Daily: 20751.67
(7.36 points difference)



Screenshot 3, FTSE 100 binary CFD, 11:45 2 June 2017
5 minutes: 7569.76
20 minutes: 7570.04
Daily: 7570.12
(0.36 points difference)



Screenshot 4, FTSE 100 binary CFD, 11:40 2 June 2017
5 minutes: 7570.10
20 minutes: 7570.43
Daily: 7570.56
(0.46 points difference)



Screenshot 5, FTSE 100 binary CFD, 14:50 5 December 2016
5 minutes: 6749.84
20 minutes: 6750.24
Daily: 6750.24
(0.40 points difference)



Note: Don't seem to notice this in the new platform that was updated a few months ago.

Has anyone else noticed this? Or with other brokers?
 

gerryg

Established member
900 6
So what's the problem with these charts?

I can say that binary brokers share all one nasty feature - they are scams...
 

hohoham

Newbie
9 0
So what's the problem with these charts?

I can say that binary brokers share all one nasty feature - they are scams...

The chart shows the underlying DJIA/FTSE Cash price. Look at the charts and you should notice 3 different prices of DJIA/FTSE :confused:
 

gerryg

Established member
900 6
Every chart shows different time and expiry still don't see a problem with these, but with binary option industry as a whole.
 

hohoham

Newbie
9 0
Every chart shows different time and expiry still don't see a problem with these, but with binary option industry as a whole.
Different time and expiry binaries are all based on the same underlying, DJIA/FTSE Cash price.
 

hohoham

Newbie
9 0
Even ultra short ones like 10 or 1 minute?
"Short-term digital 100s on the FTSE, Germany 30 and Wall Street, such as the 20-minute FTSE® and 20-minute Wall Street are based on prices in the relevant underlying cash markets (FTSE®, Dax, or Dow). Settlement prices are based on cash price of the relevant underlying index (as reported by the exchange) in our internal pricing system at the stated time of expiry."
 

tomorton

Legendary member
7,288 974
hohoham - The firms who have chosen to offer services as the BO sector have done so for two reasons - they can attract large numbers of clients who are looking for a get rich quick scheme, and the industry has very low regulations.

You may not personally wish to get rich quick but look who you are doing business with. You've come to the wrong place for support or advice. Nobody here wishes to assist you in a relationship with the sort of firm that inhabits this sector. Withdraw your money from the firm asap.
 

hohoham

Newbie
9 0
hohoham - The firms who have chosen to offer services as the BO sector have done so for two reasons - they can attract large numbers of clients who are looking for a get rich quick scheme, and the industry has very low regulations.

You may not personally wish to get rich quick but look who you are doing business with. You've come to the wrong place for support or advice. Nobody here wishes to assist you in a relationship with the sort of firm that inhabits this sector. Withdraw your money from the firm asap.
I posted here because i thought that they were a reputable and honest broker. They are listed on the London Stock Exchange and worth billions. It was a shock to me that this could happen.

Anyway thanks for your comment
 

gerryg

Established member
900 6
I posted here because i thought that they were a reputable and honest broker. They are listed on the London Stock Exchange and worth billions. It was a shock to me that this could happen.

Anyway thanks for your comment
Binary options listed on LSE? haha, sounds crazy :)
 

hatemypips

Well-known member
456 31
They are a Forex & CFD broker. But they offer binaries as well :confused:
FCA brokers are not allowed to advertise binary trading only forex isn't it?
So why not tot trade with FCA brokers and be sure they won't engage in shady activities?
 

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