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Binary Options - What are they and how do they work?

Discussion in 'General Forex Talk' started by AsstModerator, Sep 3, 2012.

  1. tomworn1

    tomworn1 Banned spammer for 24Option

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    In any case it's not worth the risk
     
  2. tomworn1

    tomworn1 Banned spammer for 24Option

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    I trade Forex mainly but recently I started exploring binary as well. do you know 24option? I read about them here LINK REMOVED

    Spam Cat tried to be merciful. He removed the first post where you broke the rules. If anyone wonders what rules you broke, they should read the first post in this thread...

    "Please note that this thread in is General Forex Talk. Advertising is NOT permitted here. I chose this folder so that the topic can remain on what Binary Options are instead of discussing specific brokers."

    Instead of realizing that a post asking about a specific broker was against the rules, you posted again. Instead of realizing a link to a "forum" containing only 9 posts, one of which heavily promotes 24 options, would be considered spam, you did it again.

    You were lucky to get a second chance to avoid being cat food. Since you didn't learn from your mistakes, Spam Cat has only one thing to say...

    Nom nom nom!


    [​IMG]
     
  3. Anna Sergeeva

    Anna Sergeeva Private

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    Thank you for great explanation of what binary options are. But actually I was shocked about 500% return of an initial investment. I have never seen it. 85% is a maximum.
     
  4. Pharaoh

    Pharaoh Colonel

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    It's gambling with the odds stacked against you. If you lose, you lose 100% of your wager. If you win, you win somewhere between 60-85% of your wager. You have better odds betting on red or black at the roulette tables in a casino. Real casinos generally have zero issue letting you cash in your chips and walk out with any winnings you've made.
     
  5. Naxramos

    Naxramos Recruit

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    Actually it's not such a difficult topic. But they explain it best on youtube.
     
  6. IrvinFixiMarkets

    IrvinFixiMarkets Fixi Rep

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    Binary Options mainly are used to scam people who have no idea how markets work. I would recommend to stay away from it, even though there are regulated companies.
     
  7. Bomsi

    Bomsi Recruit

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    How them can we locate a creditable binary option company that is legit.
    Help me
     
  8. annar

    annar Recruit

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    Binary option is a financial options in which the payoffs are some fixed monetary amounts. Binary option is legal in the US and you can generate profit through this type of trading. One thing you must know is it is also highly risky.
     
  9. tomhiggs

    tomhiggs Recruit

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    That's exactly what I'm been through. I think many of us also faces this the same. Is there any reason?
     
  10. CryptoatForex

    CryptoatForex Recruit

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    Binary will be illegal soon.
     
    Pharaoh likes this.

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