binary options?

I know I can lose money, thats not what I asked. what I am really asking is will they pay out if I dominate. I am experienced trader so I can predict these movement pretty accurately. Seems to me that a someone with a lucky streak can send these people into bankruptcy.

If yes, on AND off >> if no, off NOT on:: yes and no = on and off.

It's a joke, a really bad joke.
yes and no are the two options, hence binary option.

I don't mind them protecting themselves thats fine, I just want to make sure it don't involve any scam tactics like the ones mentions or any others that I can't think of. I am posting here because I was kinda hoping someone here actually tried it and can refer to an honest binary options broker. but I am looking for someone with first hand and knowledge. google searches are unrealible considering they have affiliate programs

are You satisfied with banc de binary? have you made withdraws without hassle?

Hi TheRealDudeman,

I was checking out your post on the Binary options thread. I see that you use Banc De Binary. I am very interested in using them, but I have seen many bad reviews. There are complaints against them with the SEC, plus they are on the PAUSE list at SEC.gov!

I really need honest, straight forward advice on whether this company is legit. I also read that they do not actually have an office in Trump Tower, just a P.O. box there. Scary!
Thanks in advance,
Erica

P.S. Niiiice Pic!

Investing?/No
Gaming/Yes
Personal experience: 1 grand, in the Red!
Try it, only if you have spare Cash&good luck.

I would not use anything in Cyprus. Since there is a giant sucking sound coming from the black economic hole created by the government there.

I tried tradersroom and I found that you could deposit the money a lot quicker than you could withdrawl. It took 7 days to process, but you could deposit money within seconds. I would say you really have to investigate who your brokers are and be smart about it. If it doesn't feel right, get out or don't go with that broker.

Tony,

Binary options is buying the right to buy or sell an asset by a predetermined length of time if a certain outcome is reached, hence the ability to leverage your investment. You can analyse the charts, look at trade volumes and trend lines and decide what is happening with an asset to decide how to trade. This is not gambling. Gambling does not involve trading assets, it is merely taking a punt on things. If you perceive it as gambling then you should not be involved, go to LasVegas.


Of course you can deposit money quicker, you can pay by credit card which is instant, like you do with anything else on the internet. They can't pay you back to your credit card, they can only pay by bank wire which is slow. But then if you're making 70-80% on your trades, why should you worry about it taking 7 days to get your money out.

Please send those friends onto this forum to tell us how they do it.

Thanks

Lots of bad info here, we have never not paid someone within 48 hours provided they sent in the requisite documents.

Binary options trading is listed by Commodity Futures Trading Commission and by Financial Industry Regulatory Authority as a source of offshore fraud and phishing scams. Unregulated traders are using these scams as a way to get US customers to divulge social security numbers and other private information. I have not become an affiliate for this reason. I am US based and if I am getting customers into phony trading schemes, I'm the one who will go to prison, not the guy in China or Germany who signed me up. Always, always, always investigate the offer thoroughly and trade with a registered broker.

That is why it is gambling to put your money into the ones that are located outside of your own country because they can accuse you of something to keep your money and they know you can not fight them.

But I would think that these companies would want to keep their noses clean since clients can post negative reviews about them and thus hurt their business.

optionmint.com

Tommmi

If you find the time: ml3115@aol.com

If you are a trader and can predict the market then Binary Options is for you. You need to choose a good broker though

I had a good experience with binary options broker. No doubt i lost first when i started trading binary options. And the brokers require scan of your id inorder to confirm you identity.

But i do get withdrawal from my broker into my bank account.

I am on OptionBit and I just got my money from them with no problems at all. I invested $200 to start and made some money to get it today on my visa card.They also have bank account option but you have to wait 10 days for that View image: pay.

Hi to all,

i have trade binary option.
i have tried several of them 1) banc de binary
2) interactiveoption
3) VP binary
and few more

From my experiences, all newbie better don't try on this game. End of the day you will sure lose your money. Of course i can't say others all but most of the newbie will sure lose. The game is too risky. Because of this game, I have alreadylost a few thousands.

Heart pain~~~~

Hi members,
I placed $250 with xptrader a few months ago then i changed my email address.
I asked them if they could transfer my money to the new email address account.
Now i cannot get in with any of my emails and they now don't answer my emails at all.
It seems they have taken my $250. I know it doesn't sound much but as i told them i am on a pension and it's a lot to me.
Does any body know how i can get my money back? or where i can report them to some authority? I have not done one trade with them yet.

Please point us to this free system.

don,t invest if you want sure win when you invest money management your trade .question do you want to miss this biggest trend some people say it the next biggest thing after forex.of course if you want to trade on your own please go ahead .there an old saying i rather ride on a horse to finish line than to chase the horse to the finish line what do you think is easiler .sorry if you guys are looking for me please add me to skype tommmi88.

just to let you know that banc de binary is NOT regulated -- i have not found any binary options brokers that are reliable and plan to stay away and stick to forex trading instead.

forexpeacearmy has plenty of reviews on all of the well known options brokers and none seem reliable or trustworthy

Look guys you can open an account to trade with any broker but question is can you actually make money that all open a broker account is my choice I make use of the service to help me live trading I have my own system to trade not totally depend on signal as you can see actually broker don, t give 60 sec trade.i am not hiding anything I am just suggesting what I do if you don't like it please find another way do you want to spend $197 monthly on signal service that don, t work please go ahead anyway what ever I deposit is still my money I already withdraw it long time ago that what important right

i think you are not suitable to trade ,what is not gambling? stock ,forex or any other investment vehicle .if you whine please don,t trade there is no such think as sure win if not who would bother to work 9 to 5.it take year of experience and lots of losing before you can achieve result just like internet marketing so how many people actually make money (i mean a living).honestly i have been at trying internet market from 2004 when adsense was just starting and adword can be $0.05 cent make some money initially but you know the story after that .but i am still trying today (still peanuts from internet marketing)but hey it is the learning that count .as least from trading you do not need do so much work you either win or lose that all

Please read my latest post in this forum section! If you do not educate yourself, you will think its gambling... Educated, High Probability trades setups that increase your odds of ending In-The-Money. Learn to read the markets.

Hope this helps!

I've been trading binary options, and I have a 60% win ratio, trying to get it higher, once again, it's not overnight, you have to learn how to trade first, and once you trade enough, and educate yourself first you might become a profitable trader.

You know what, im just amazed at how someone can really do this.

If there is a slap button, i would press a million times for you.
I dont usually am that offensive, but i feel this is a PERFECT time for this.

If there is a zap button like in other forums, i would zap you a million times over.

Seriously.

Very interesting! Ive been doing the H4 FX trading (mostly naked candlesticks) for some years now with good results and would really want to learn more about binary trading so please keep em coming. Im gonna keep a close eye on your site =) Ohhh what indie are you using, talking bout the one with the arrows.

Hi there John,

Great advices and tips.
Really, but what i would like to point out is that these are general tips.

The problem is that you cant really apply general tips to specific situations.
So i wouldnt go as far as to say all this are rules, but just tips to take note.

My comments :
1. Don’t mix alcohol and trading!
[Amen to that! in fact, dont mix alcohol with anything! Even diff kinds of alcohol when mixed can kill you]
2. Don’t chase your losses
[So true, this applies to people using martingale]
3. Never trade on only one indicator
[Actually i have been successful with just 1 indicator/method. But i learnt more just becos i was interested in learning. Not that it wasnt enough. Its just like IM, stick to 1 indicator/method until u understand it and make it work for you, if it really doesnt then move on.]
4. Don’t trade for the sake of trading
[YES! Totally 100% agree! THIS IS A RULE no matter what, it applies to all. ]
5. Never trade on the news (before and after is great)
[The famous saying goes, fools trade the news, geniuses trade the reaction. But again if you know how to intepret the news, you could. It depends what method u use.]
6. Don’t trade on low volume markets
[i do have 1 method that looks for low volume markets and its quite profitable i must say]
7. Educate yourself daily
[Yes this is good, but not a rule. I do it becos of my interest in the financial markets and its more important to take action daily too, not just stuff ur head with info]
8. Never use money you can’t afford to lose
[Definitely! 100% agreed! Another point justified as a rule!]
9. Don’t trade with a broker until you have your fund withdrawal paper work in order and always trade with more than one broker and withdraw your money regularly
[Very wise, this are very wise words]
10. Never try to predict the market – wait until the market shows you what it’s going to do
[This must be explained with exact situation, because generally it would make sense too if i say that if you wait for the markets to show u what its gonna do its probably too late. ]

But generally good advices.

Not really.. if you do the math, and if you go for the reputable guys, the payouts are from 75% to 85% for each trade.

If you take 75% payout for calculations, at 65% win rate you would be in profits already.
And the amount of profit depends on your trade volume.
Just to prove my secondary point, 1% of $100 is $1.
1% of $1,000,000 is $10,000.
I would say $10,000 is big money.
$1 is small change.
But both is 1%.
It boils down to your trade volume if you have consistent winning rate. [which is possible]

And if you take 85% payouts for calculation sake, with a 55% win rate u would have broken even with a small % of profit already.

So your figures of 80% win rate for profits calculation is just exaggerated.

Exactly, allow me to be blunt, but this wouldnt have happened if you didnt promote a broker that you didnt personally used.

But then again, if you are just putting banners than ok, but if u are recommending it to your visitors then i would say u deserve it. =P

Anyway, always go for the big guys, long history, regulated and brand trustworthy.
No reason for going to small start ups with no history.

"Ok, listen up, and I really mean it, because you people srsly need to listen to me!!!!

Trust me, your life would be so much easier, if you listen to everything I say, and do exactly what I say!!!" SERIOUSLY?? Who are you and what do you even know about Binary Options???

It is a legitimate way to earn money trading online! Brokers are regulated in the EU and UK!! They are not located in the US, correct, but does that make the whole industry a scam? Hell No!

How can it be gambling if you are able to look at charts, real live charts showing asset market prices and calculate/predict the movement of price?

We are not taking trades based on luck, maybe you did, thus losing your money, thus feeling cheated due to not understanding the concept behind it.

Even if it was gambling, what is wrong with it then? Makes it no different then normal online gambling? And you stated you like gambling. lol... YES there are brokers that scam people just like all these clickbank products people buy and promote. So what makes it any different then any online industry then? Each niche, industry has a group of people trying to scam.

Do yourself a favor and visit our live trading room, where you can see live trades and profits being made! Its free and open to all. Binary Options Live Chat | GoToBinary | Binary Options Trading 2013

Labeling the whole industry that started in 2008, now getting regulated and moving forward a scam, without education yourself, watching a youtube video that states its a scam (using a scammy broker as an example in the video) does not make Binary Options Trading a scam!!

Regards

Hey i respect you for trying it out before calling it quits.

But may i ask did you trade on demo 1st to test this guys "winning" strategy?

And also, i would like to add that generally, normal forex methods like what you mentioned double tops double bottoms and head and shoulder etc do not work with Binary Options.

They work with forex for the longer picture. Not in 15mins -30mins like in BO.

If you are willing to give it one more shot, check out my profile and follow through my sig file.
[im in pre-launch though, so you wont be able to buy anything yet ]

Do not trade without demo practice.
And dont bother putting your money with brokers who arent willing to give you a demo account.

As for trading amount per trade.
Its fine with $5 if you are testing.

but for me, once i get it right, i go in at least $25 per trade.
Beacuse i trade at least around 10 on average per day.

So on an average of 7/10 wins for example, will give you $73.75 per day on profits.

Now, to me that is the lowest i get to be worth my time, anything less i will feel demoralised.

See at $5/trade, you profit $14.75 a day.

I rather work at macdonalds! If you get what i mean.

So yes start out small to gain experience but not too small that its not worth your time, after all you should have tested it out on demo account already.
So its not like you go in live account and test the strategy with smallest amount per trade.

Has anyone used the software from Trendo or Trendo-signal when trading binary options?

Ya, i should stay away from door bells too, they give me a fright. hehe


Thats why i always chuckle to myself when i read things like "binary options is a scam" lol.
You can say some brokers are scam, but to say the whole industry is a scam, i just giggle.
Cos if it is, i wouldnt be earning money from it.

That is the way man.

Anywhere from 10% up is good..

Even in forex, 10-20% of equity is a good sign.

I would be interested in knowing the system you use to generate 10% per month.

Yes do you homework.

Yes treat it like a business. [though i dont, but its a good advice ]

But i dont understand how someone would wipe his account out cold.

There are many aspects to trading and money management is one of them.
Never use more than 10% of your equity.

I use around 1-2% of my equity on each trade.

And so for me to wipe out my account would mean a losing streak of 50-100 trades in a row.
Which no one in his right mind would do that.

I would stop and analyse if i hit 10 losses in a row.

Unless you are gambling. Then its possible to WIPE out your account.
But if you are trading with money management. You wont.

Hahaha, that site is a good place to get together with like minded people.
Its a place where community of binary options traders hang out and talk in the chat room.

If you are talking about strategies, ive personally tested all of them.
Success rate is around 50-50 which doesnt cut it for BO.

Contacted David, the owner of the site, did not reply.
Was asking about his free strategy but until today no reply, that was like last year.

And i dont know if they are the ones who hang those 3rd party signals and advertise them or its just a page where these 3rd party signal company pay him to advertise.
I dont know which is which, but there is a whole lot of 3rd party signal services that he is advertising.

And personally, I dont believe in BO signals.
But thats my opinion.

Is it?
Why so?
Pls share.


Hey there, btw i have replied to your pm.

But just want to say that it is really normal for them to do this.
It is the same across MOST brokers.

Its just their departments, like as a lead, their sales department will entice you to join with low deposits.

Then once you deposit, you are a "paying customer" so they try to entice you to "upgrade". Either by the same sales department or they pass your account to the account manager already and the AM has their duty to try to "upsell" you their services like signals or whatever analysis but you have to be a VIP client which means you have to deposit $5k or $10k etc.

Its normal.

Im in the midst of reviewing different brokers and their signals for my members so they know whether its worth signing up for VIP accounts or its just an "upsale" that is done by their sales team to get you to deposit more.

Just know what you want and be firm.
Dont be afraid to say "NO", and say it MANY TIMES. haha:p

Ive been to sales seminars before and they teach you to only give up if the customerr says "NO" 99 times.
So be prepared to say NO, 99 times. hahahah

Cheers
Neil

Hi

What exactly is it you want to know?

But i dont use them.
So if u want to ask about them, i cant say much as i do not use them personally.
=)

Lol, another one.

I suggest you build some reputation 1st before pumping a URL here.

I don't use Vault Options. So I don't know.

I have withdrawn much more than my total deposit amount with my brokers that I use.

So maybe, just mayb they want to recoup their losses so they don't want you to withdraw. :confused:

Again, choosing your broker is important.

I have been in binary options for over 10 years. (If you consider betonmarkets.com now binary.com a binary options broker)


For those in the USA. NADEX is the ONLY legit one to do. They are CFTC regulated.

They are an exchange so they make their money on a small commission for each trade. (.90 per side nothing on a losing trade.)

At the end of the year you would get a profit/loss statement from nadex which is also sent to the IRS. So they as legit as a stockbroker. I have been with them for many years. (They are actually 8-10 years old)

Nadex is VERY small though. It is ONLY available to US clients. They are owned by Ig markets which is a LARGE UK company that deals in binary options/spread trading.

So that is the LEGIT side of things.

As far as the other brokers the ones that I won't mention for back lash. Trust me I have had a TON of run ins with them.

I use to be an affiliate for the scammy brokers before I figured out what was going on.

I have videos on youtube about it search binary options dirty little secret.

Anyway.....

90% of the binary options brokers all use the same 2-3 companies software from spotoption and tradelogic though their are some smaller ones as well.

You can OWN your own bo brokerage for as little as $10000 they will set you up so you can start taking deposits etc.. No you don't have to have money on the side to pay out the winners.

It is TOTALLY shady!

They make money on CLIENT LOSES PERIOD! Just like a sports book.

That is the best example of how it works really. In a regular sports book casino they pay say 90% to the winner. The sports book sets the line at say -7 on team A.

The GOAL for the sportsbook is to get the same amount bet on both sides. So say 1000 is bet on the Team A and 1000 is bet on team B. The sportsbook wins. Because they pay out the winners with the losers money and keep the 10%.

If their ends up being more betting on one side or the other they will move the line to say -6 or -8 so more people will come in on the other side to even it out.

Which is fine for sports for a game that hasn't started yet.

It doesn't work that way in the markets though although they try it.

So in bo they want the same 1000 on the buy side and 1000 on the sell side. They pay out say 75% and pocket the 25%.

The problem comes in when you have 5000 come in on the buy side and only 1000 on the downside. Well if the BUY side wins they don't have the money to pay out the winners. So like a sports book they will change the line.

So if they have 5000 on the buy side and you are trading the dow they will say the DOW is actually at a price 10 points higher then it actually is. Even though the DOW ISN'T at that price. If money CONTINUES to poor in on that side they hopefully will make it up when the dow only goes up 5 points. It would be like the sportsbook DURING the game say the score is ACTUALLY 21-7 WHEN it really is tied 7-7.

I have seen as much as 150 point spreads on the dow before. WHY because I have a group of traders that ALL do the same thing at the SAME time. So what happens is you get a flood of traders and the bo freak out and put in the spreads.

I have seen spreads on ALL the overseas bo brokers I have used and I have used probably 15+ of them over the years.

Binary options exploded in growth in the last 3 years because the barrier to entry is so small. The small amount you need to open your own "brokerage" and get TONS of money flowing your way is insane.

Just look up some of the publicly traded binary options brokers Win Global which owns eztrader global option and others they lost almost 1 million dollars the first 1/2 of 2013. You really want to deposit money in a brokerage that lost almost a million in 2013? symbol wgmi otcbb

Another one you can look at ciix which had a partnership with one binary options company that screwed them and their clients so bad by not paying them. You can find it in their annual and quarterly reports.

The overseas binary options brokers make money when clients LOSE. PERIOD. That is why they do spreads. If its ALL about volume like they say then they should put the dow at 10000 and they would have all kinds of volume. But no they do spreads, they put bonuses on people so you can't get your money out.

Some told me once they had to trade almost 1/2 million dollars in order to deal with the bonus offer. That is NUTS this wasn't even that big of account. And even if they did these companies DON'T have the money to pay out. That is why some of them are closing one just over the last month or so.

More crack down will happen on the shady ones in the future I am sure.

The other reason they are so popular is the EASY QUICK money that the BO companies pay affiliates. They can pay CPA $400-$500+.

When I was doing the affiliate stuff I was making $400 when a client deposited (I had $30,000 months) the people didn't have to deposit more than $200.

The reason they can pay that much is they know the customer when they get one is going to be worth x to them.

I also told clients not to get bonuses etc...

I had affiliate managers of bo companies contact me and say hey we got to have your clients trade more. They can't just trade the stuff you are giving them they aren't trading enough or losing enough.

I was like HELLO the whole point they are my client is because I am their to help them MAKE MONEY. So I give them systems that work and they can make money. They say I know I know but you need to tell them to trade by themselves as well.

Finally I figured it out and fazed out of that area of binary options. I helped countless clients get their money back. But I found I can't in good conscience recommend those things.


I LOVE BINARY OPTIONS but not the scammy kind.

Stick with NADEX if you live in the USA.

Sorry for the long winded response I have been in the industry for many years and love it but so much shady junk out there it is costing many hard working people lots of money.