• Please try to select the correct prefix when making a new thread in this folder.

    Discuss is for general discussions of a financial company or issues related to companies.

    Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"

    Compare is for things like "Which of these 2 (or more) companies is best?"

    Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"

    Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
    Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.

    More info coming soon.

Forex signal group or broker ?

STEPHEN DRAKE

Recruit
Messages
4
Hi I was trying to find RECENT opinions on Michael Freemans Facebook signals group if anyone has used it in the past year say. I also was wondering if anyone had any RECENT experience with the broker Top Option.

I have seen so many bad comments about Mike but they all seem old and mostly about auto trading software.
I have just joined his group and to be honest I very much like the look of it. His admins are getting great results which i have seen first hand taking place. I only have 3 days of use so far as i went off binary options.
I started trading with binaries and lost out very quick but i was new to it and trying to learn with real money also. I had bad experiences with the brokers i used as well. I have then went on to trying to learn Forex and trading over longer time frames which seems easier to work out where price may go but i still am not in profit. I came across Mikes group again and was skeptical because of my past experience with binaries and my past reading bad reviews both on here and other sites about Michael Freeman.
I have joined the group anyway and in 3 days i love it and am once again excited about making money trading from home.
As i said at the start i just wondered if anyone has had any recent experience and followed the advice given properly.
I will of course keep you updated and i intend to be completely fair as i am new to the group and still a beginner in trading. I will admit to making mistakes myself as i have done already in the three days by not following the rules correctly. Things can and do change as do people so i only think it is fair to give comment on recent experiences.
I have tried so many different things and i just hope and pray that this is it, the way i can make a living from home.

Any comments or questions welcome.
 
Is this Top Option regulated in the USA? I've seen investors losing up to $1M in Binary Options around the world because they were following someone's signal, they wont at the beginning, got excited, then lost money, the manager asked to put more money and the cycle keeps repeating. Even if you trade by yourself, without any signal and you make money, depends where the Binary Option broker is located, they will make it very hard for you to withdraw your money.

My opinion: If it's not a Binary Broker regulated in the USA, you should stay out.

Ps: I don't trade Binary Options, just Forex, but where I live, there are so many cases of people being scammed that I don't recommend Binary Options to anyone. Unless you know the regulations behind and don't fall on the fantasy that you'll become rich quickly, as most of the companies and the so called managers are advertising out there.
 
Back
Top