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http://binarysignals.com/trading-results promotes scam brokers: anyoption tradorax

Discussion in 'Scam Alerts' started by markkup, Jan 12, 2017.

  1. markkup

    markkup Recruit

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    What do you know about
    binarysignals.com/trading-results
    and k2investing, upinfin, prestigeoption ?

    They send binary option signals after you deposit to : anyooption, k2investing, upinfin, prestigeoption, tradorax.

    anyoption is a known scam here in forexpeacearmy.
    tradorax played the "WE NEED MORE CAPITAL !!! on a huge drawdown or loose your money" trick, so I lost the money. They really wrote the message in CAPITALs and with many exclamation marks :D
     
  2. Pharaoh

    Pharaoh Colonel

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    Let me make this very simple.

    1. There is no such thing as a liquidity provider in Binary options. Your deposits go into their bank accounts. Any withdrawals which get processed come out of their bank accounts. Considering how many traders lose money all by themselves, this is a very profitable business model, but the greedy criminals behind 99+% of binary companies try to operate on a deposit-only basis.

    2. If binary companies were honest and the signals were successful, the brokers would lose money very quickly. At the bare minimum, they wouldn't be accepting referrals from a signals company which was costing them money.

    3. There are plenty of examples here in Scam Alerts of someone putting in a $250 or so deposit in order to use some binary robot, signals, or system, only to have the company say "that service isn't very good, so let us recommend trades for you". A little analytical thought would reveal that accepting this offer would be like asking a casino employee to help you make winning bets.

    The signals, robots, and systems exist solely to drive traffic to their preferred scam brokers. In some cases, they are even owned by the same brokers.
     
  3. southtexas81

    southtexas81 Recruit

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    My name is Bryan Ouzts and I am the owner of BinarySignals.com as of August 2nd, 2018. The above comments were referring to it's previous owner.
     
  4. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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    Why would you buy a domain with such a strong negative history?
     
    FxMaster likes this.

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