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Sunday May 31, 2020 - 19:50:50 GMT -

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Binary options, a real opportunity to make money or another deception of gullible users

Many analysts explain the appearance of binary options in the global financial market by the reluctance of traders to work with familiar assets using standard buy / sell schemes. For example, in order to earn in the Forex market, you should understand, how formed, what parameters affect the value of their currency exchange rate, as well as to know all the operations that make it possible to generate additional and sometimes, and basic income. But for this, the trader must, at a minimum, take a training course and practice making deals with virtual money. Not every adult can attend appropriate courses and spend several hours a day near a computer or laptop. Work, family and leisure, after a hard day's work, combined with current problems, leave no chance to study financial markets in order to become a good trader.

And even if you are interested in online trading, and your savings are idle ( most of our fellow citizens are afraid to invest money in unknown projects, and banking conditions do not always cover inflation ), you are unlikely to risk engaging in activities in which you do not understand anything. These factors were the main reason, why so many participants in the global financial markets are interested in binary options. Binary option brokers with lowest deposit significantly increased their profits only in these operations. No difficulties in concluding deals, as well as transparency and high speed of the executed agreements, significantly increased the number of traders and, accordingly, the profit of brokers.

The main problem of binary options

Buying / selling binary options very quickly became one of the most promising areas of commercial activity. But due to the lack of regulation, fraudsters took advantage of this. As a result, binary options trading has been banned worldwide.. One of the main reasons for this negative trend was the emergence of a huge number of scammers who, under the guise of having the best conditions in this sector, deceived gullible traders. Many of these pseudo-brokers, offered lowest minimun deposit, attracted a huge number of traders, and after a certain time disappeared forever. There were more inventive swindlers, but they all contributed to the fact that for many binary options became synonymous with the word "fraud."

In fact, traders can be deceived not only by companies that deal exclusively with binary options, but also by other brokers. Therefore, before cooperating with a brokerage firm, carefully check it:

  • Find out how much she works in this area.
  • What reviews did authoritative traders make about her?
  • Do they have faces of famous regulators?
  • What do your friends, acquaintances, people whom you trust think about it.
  • Always start working by investing minimal amounts of money in this business.

Summarizing the above information, we can say that scammers use all the methods of deception available to them, as a rule, of gullible traders. At the same time, they believe that any methods of deception are available to achieve the goal:

  • Luring a client with a small amount of the first deposit and the most favorable conditions for cooperation
  • "Fake" a license from the competent regulatory or trading / promises that are currently solved, and soon in The burden they will have all the necessary e documents.
  • Some scammers are actively creating the appearance of real work, trying to get a trader to invest all his savings in this business. But when the client decides to withdraw his earned money, the broker announces the blocking of the account in connection... and there can be the most varied, sometimes just absurd explanations.
  • Some scammers “draw” their own charts for clients and present information in such a way that many traders do not even realize that they were deceived.

The main goal of scammers is your money, so if you are a gullible person, you should not get involved in such adventures.

Best binary options brokers

In such a field of activity as online trading, it is quite difficult to determine the best participants in the financial market. If for some such a factor as input / output of funds ( method, time, commission ) plays a large role, for others this is not a particularly important point. There are a huge variety of criteria by which we can conclude about the work of the binary options broker. Of course, choosing a brokerage company, you need to consider this indicator, but this does not mean that your independent analysis will correspond to what the Internet offers. While most of the 10-20 best binary options brokers covers companies that are present in the list of most respected analysts, and these names are well known to experienced traders. For example, the binomo broker has been in the TOP-20 for several years and quite often an independent study of the parameters of this company confirms its reliability and respect for its customers. In 2018, the list of the best companies ( information from various sources ) included:.

And other companies that have always honestly worked with their clients, hoping to develop their business, making it possible to profitably trade binary options and other assets of the global financial market.

  • Alpari
  • Olymp Trade.
  • Binomo
  • Opteck
  • Binarium.
  • IQ Option.
  • Expert Option.

Some traders chose a broker, adhering to the following algorithm:

  • We studied the rating of companies on the Internet for the current year.
  • Several companies were selected.
  • We studied what place these firms occupied 1-3 years ago.
  • Studied in detail the indicators that play a key role for them.

As a result, they found exactly "their" brokerage firm, which suited them in all respects.


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