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Attachments: Why Binary Forex Options are better than Spot Forex
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Why Binary Forex Options are better than Spot Forex

Quoting roughtrader
{quote}Binary Options is a fraud!! I probably have a better chance in Vegas. definitely NOT better than Forex,
Absolutely right!
People who can't figure this out are the biggest suckers anyway.

Go better play roulette instead of this crap.
Actually there are few black sheep broker in this binary options business and that is the reason we notice many complaints about binary options trading however it is also similar to forex trading but bit easier where you does not have to hassle for stop losses, leverage & spread issues but it cannot be classified in gambling like many traders resembles it with..
If you can trade spot profitably, you definitely can trade binary... same trading method with less parameters.
I think money management is key with Binaries. I'm gonna start doing Nadex live this month and I'll let u guys know how it goes. I've also traded on the European platforms
Quoting jollypk
Actually there are few black sheep broker in this binary options business and that is the reason we notice many complaints about binary options trading however it is also similar to forex trading but bit easier where you does not have to hassle for stop losses, leverage & spread issues but it cannot be classified in gambling like many traders resembles it with..
Is it just a few black sheep or are the majority black sheep?

According to the testimony of the Israeli top cop Israeli crime syndicates have been profiting from the binary options scams. In his speech the police Superintendent admitted the authorities have failed for a long time to realize that the binary options industry was a scam and that behind it were standing organized criminal groups who profiteered from it.

These allegations sound very serious. If it’s like that in Israel, what is it like in a country with fewer laws regulating the work of these brokers?
i agree its much less stress trading binary
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Here is yet more proof that binary options brokers are not to be trusted: according to a recent FCA report, British citizens lose lose an average of GBP 87,000 a day to binary options scams. The watchdog warned that such scammers often promote themselves online and via social media channels, such as Facebook, Instagram and Twitter. They promise high returns and use images of luxurious items like expensive watches and cars and yachts to lure the people to put money in the scam.

After that, they usually distort prices on their website or refuse to return the clients’ funds using all sorts of excuses and citing impossible withdrawal conditions or simply shut down the client’s account and disappear with the money.

Don’t trust anything a binary options broker tells you.
Quoting mlawson71
Here is yet more proof that binary options brokers are not to be trusted: according to a recent FCA report, British citizens lose lose an average of GBP 87,000 a day to binary options scams. The watchdog warned that such scammers often promote themselves online and via social media channels, such as Facebook, Instagram and Twitter. They promise high returns and use images of luxurious items like expensive watches and cars and yachts to lure the...
The sad part of all of this all is that people focus on the scam in stead of what a particular trader is doing over at that broker. I habve seen a ton of comparison tto Vegas and odds but why isn't it that the actual odds aren't ever mentioned? Wouldn't my odds be different depending on the system I am using even if it is spot forex? I'd contest that you have enough scams in spot as you do in binary. It would be nice to state which brokers are honest, but i have deposited with 24optionoptions and at the end of the week i will make a withdrawal and see how much of a scam it is.
I think they both got + and - , so spot forex vs binary is like comparing coffee and a tea. Just pick what you love the most.
I constantly compare binary options and forex to determine which of these areas is more productive and safer. After all, on the one hand you have the opportunity to work more dynamically, but on the other you can wait for a certain drawdown and still take a good profit from the predicted position. And both of these areas are very interesting. But still, I think that Forex is a more promising area, because you can work with different amounts, adjust leverage, etc.. It allows you to trade more productively, but I admit that this may be my subjective opinion. And I also know people who make great money on binary options.
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  • Last Post: Feb 11, 2020 12:24pm Feb 11, 2020 12:24pm
Quoting Infassen
I constantly compare binary options and forex to determine which of these areas is more productive and safer. After all, on the one hand you have the opportunity to work more dynamically, but on the other you can wait for a certain drawdown and still take a good profit from the predicted position. And both of these areas are very interesting. But still, I think that Forex is a more promising area, because you can work with different amounts, adjust leverage, etc.. It allows you to trade more productively, but I admit that this may be my subjective...
Hi, just out of interest, and i unless i've missed something somewhere. binary options have been banned by most countries that i know of, because of their inherent nature, they are a con!. Simple sever time manipulation down to milleseconds, there is no control apart from by the actual companies(brokers) who are doing the ripping off of customers in the first place, hence why they were banned.
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