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

[Everwhise]

Thanks for the information. I now know enough to stay away!

 

[IlanM]

I just want to add to this thread that from my time working with VIP Affiliates I have luckily experienced almost only good and fair brokers. Yes, I'm sure there are brokers out there not playing by the rules, but if you stick to the big and trusted brokers like Banc de Binary, Traderush, Stockpair, Cititrader etc., I can assure you that you will be treated fairly and get your withdrawal money.

IlanM forgot to mention that he works for VIPaffiliates.com

 

[Pharaoh]

Looks like Ilan the spammer also wants to send people to some of the most questionable brokers around.

Good work Spam Cat! Tell AsstMod that you deserve extra catnip this weekend.

 

[ai007]

Thanks for the information. I now know enough to stay away!

You are lucky!

This is very informative, appreciate the time invested by gurus of the forex trading.

 

[zahirul]

Another matter that I have found out is that their data feed gets manipulated by themselves.
If you run their data next to what we are used to in forex, you will clearly notice this !!

 

[Dennis Dickey]

There are a few reputable binary options brokers out there. (not many) With a little research you can find them. By the way I worked in a casino in Las Vegas for over 15 years and there are many people that gamble for a living and make big money consistently. They just studied and learned until they had the advantage over the casino..

 

[Pharaoh]

And if a casino catches on, they find ways to convince these people to gamble elsewhere. It's ok to make money off other players in poker. It's not ok to consistently win against the house.

However, if no laws are broken, the casino will at least pay the winnings. Binary brokers have a poor reputation in that department.

 

[navyseal]

I see a note

"Risk Warning: Binary Options Trading is risky and you may lose all of your investment." in optiontrade.com, why the broker say it risky? Is it easy to lose money than forex trading?

 

[Pharaoh]

It's easy to lose money in all kinds of trading.

In Binary Options, it's easy to lose access to your money even if your trades are profitable.

 

[bigdolly]

You can see this note not only on most broker websites. It is a must for every broker to warn trader about possible risk. However this inscription has the same effect as the one that use tobacco manufacturers at their production.