Binary Spotlight comes across as a professional offer however in my opinion that is the exact image they are trying to portray. As soon as you enter your email address to go through to the next page you are hit with the typical binary options members / instructional page that asks you to deposit money at a broker.

You are told that all you need to do in order to make money is deposit some money at the recommended broker and then push 3 buttons. Once you do this you'll make able to make money everyday. I mean come on, does anyone actually believe this is possible, that you can just push 3 buttons and money will magically fall from the sky?

My Experience With Binary Options

I first came across them about 2 years ago and over the last 6-12 months alone I have looked at literally dozens of these binary systems. Each week 1-2 binary systems launch all more or less identical to one another. Whilst the sales video and some graphics are different the "system" behind them is the same.

There are a few brokers that are always the "recommended" ones and in return you get to use their software which will magically produce profits based on some kind of maths equation. My personal experience and the experience of literally 100's of people I have heard from who have fallen victim to other binary offers has been negative. I'm yet to see one real person make money from all the ones I have looked at.

It's simple probability when it comes to binary options and the brokers know this just the same as a casino does. The odds are stacked against you when you trade binary options because you will always stand to lose more money than you could possibly gain on any single trade. It's usually a 100% risk vs 80% gain (these figures vary, sometimes it may be 75% or 90%) but ultimately the odds are stacked against you meaning just to break even on your trades you need to win way more than 50%. If you ever speak to a professional trader they will tell you that winning more than 50% just to break even is a tough task, even for a pro!

Binary Spotlight: My Conclusion

I'm yet to recommend a binary options system and unfortunately Binary Spotlight has not been able to change my mind. This is a system similar to the other 20+ I have reviewed over the last 6 months. It will make a lot of money but only for the creator and the people promoting it, not for the actual users.

If you want to make money online, I recommend you avoid binaries, avoid hyped up systems that promise mega-riches and concentrate on building a real online business. That's what I concentrated on and it's rewarded me well.

If you have experience with Binary Spotlight feel free to share it :)

Thanks for stopping by!

PS - Before you leave - Click here to see how I make a full time income online (up to $7,200 in a single day!)