Broker Review sites

[ForexVerified]

In many cases the bad reviews for Binary Option sites are more than justified. The problem is that they get scam good reviews.

As long as there are uniformed people led by the dream of becoming millionaires in a month, there will Binary Options and scams to take their money away.

 

[genetradesgood]

I know I have found here and I am excluding FPA from the question, but I am new to trading and prior to getting involved I searched the internet and found many so called Broker Review sites that purported to rate brokers. One thing I found was that some seem to contradict the reviews, and say a broker is good while others say they are crap. It seems to me that trading is fraught with scam brokers and scam review sites. Have others noticed this? I don't want to mention individual websites as I don't feel experienced enough to judge, but it just seems odd that you get such varying reviews.

you can never know because when you check in-between the actual reviewers, some claim that a specific broker is a trader-dream-come true and some that its a total scammer and vice versa.... so just trust FPA

 

[EuroTrader]

you can never know because when you check in-between the actual reviewers, some claim that a specific broker is a trader-dream-come true and some that its a total scammer and vice versa.... so just trust FPA

There are many of the review sites which have members and they are also good ones to look for the credibility of a broker before doing trades with them

 

[celeryleaf]

I have noticed the same thing... some review sites are paid by the companies or even themselves run those site. it's a type of self advertisement I guess. The best way to check the company is to check their page here or ask some traders about their experiences with them

You never know if the trader on the forum is a real person so I stick to the personal experience no matter how bad it can be... I mean I can read and talk to people on the forums but the final decision is always somewhere out of the forums.

 

[EuroTrader]

You never know if the trader on the forum is a real person so I stick to the personal experience no matter how bad it can be... I mean I can read and talk to people on the forums but the final decision is always somewhere out of the forums.

We have to learn the ability to do our trading which are more profitable for us and also with which we can get a stable income

 

[Pharaoh]

You never know if the trader on the forum is a real person so I stick to the personal experience no matter how bad it can be... I mean I can read and talk to people on the forums but the final decision is always somewhere out of the forums.

Yeah, but when there are 25 1 star reviews in a row from all over the world complaining about withdrawals not being processed and 10 active forums threads on the same broker in Scam Alerts, just maybe that's a broker you don't want to risk getting personal experience with.

 

[933723]

I know I have found here and I am excluding FPA from the question, but I am new to trading and prior to getting involved I searched the internet and found many so called Broker Review sites that purported to rate brokers. One thing I found was that some seem to contradict the reviews, and say a broker is good while others say they are crap. It seems to me that trading is fraught with scam brokers and scam review sites. Have others noticed this? I don't want to mention individual websites as I don't feel experienced enough to judge, but it just seems odd that you get such varying reviews.

companies see forums as another much cheaper way of advertising themselves. even amazon does it, where it pays actual customers to post reviews on the product with pictures and stuff. they just want publicity, so even getting word out it enough for them. reviews are logically subjective so even if a product(broker) is appropriate for some, for you it might not be.. it just depends on your preferences. although you should consider scam alerts on the broker which is entirely different topic

 

[celeryleaf]

Yeah, but when there are 25 1 star reviews in a row from all over the world complaining about withdrawals not being processed and 10 active forums threads on the same broker in Scam Alerts, just maybe that's a broker you don't want to risk getting personal experience with.

Sure I mean the good reviews of course that cant be fully relied on.

 

[davidtrades]

You never know if the trader on the forum is a real person so I stick to the personal experience no matter how bad it can be... I mean I can read and talk to people on the forums but the final decision is always somewhere out of the forums.

exactly, it is totally up to the person and their experience with that specific broker. idk but there might be some people out there who are swearing by their brokers' name and others file countless disputes on the same ones.

 

[ForexVerified]

You never know if the trader on the forum is a real person so I stick to the personal experience no matter how bad it can be... I mean I can read and talk to people on the forums but the final decision is always somewhere out of the forums.

And you can always open a small account to test execution/withdrawals before committing more money.