Binary Trading Basics
August 2017: Binary.com has threatened to sue the FPA if the first post in this thread is not removed what is binary option trading in forex . The FPA does not give companies control of what forums members may or may post because the company makes threats against the FPA.1
Introduction Binary Trading Basics
| Established: | 2000 |
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| Contact: | Unknown |
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Recent User Reviews of Binary.com
Lagos, Nigeria, Aug 28, 2022, Registered userEvil pure scammers
Service use: Live Length of use: over 1 YearPlease stay away from this broker not mess your future up.. learn from me, learn from others. You can't be rich trading binary.com. this guys will do everything to ensure you loose your hard earned money. Your loss is their gain. Both deriv and binary are one BIG PURE SCAM .. .. if you feel that, I am wrong. please open an account and proceed. . What my eyes seen , mouth no fit talk. the last cases was withdrawal Email not sent to my email. Intentionally delay my withdrawal, but yet processed deposit so fast and even sent a mail. Chart manipulation, .. talking to robot as customer care.
Helpful 1 trader has found this review helpful the tiger of forex Monastir, Tunisia, May 24, 2022, Registered userScammers with proofs
Service use: Live Length of use: over 1 Year i have all proofs.i have recorded all.i traded binary options, i sent 27 trades during one hour binary option mql5 . all trades were wins even in their deriv mt5 platform.but they considered 15 of the trades as loss.i have all proofs if you need to share.all recorded.all trades were for forex pairs. Review moderation team note If you have proof of a scam, you can open a thread in Scam Alerts to share it. Islamabad, Pakistan, Apr 3, 2022, Registered userOnly Fraud
Service use: Live Length of use: 3-6 MonthsI trade on binary.com and made 500% profit in 3 weeks. First they were delaying in withdrawals then they suddenly closed all my trades in loss. The loss was $22500 while my equity was $30000. They have stolen my $7500. And now I am contacting on support and they are not resolving my issue. 1st a representative comes and listen my whole problem then he/she message me that "I’ll have to transfer you to the corresponding team for better assistance, please wait online." After 2/3 minutes delay close the chat window. It means they are scamming and don't want to listen or resolve.
I advise people to stay away from such kind of fraud brokers who are looting our hard-earned money.
Helpful 2 traders have found this review helpful BRAZIL, Brazil, Mar 11, 2022, Registered usertoo bad that it's totally manipulated - muito ruim é totalmente manipulada
Service use: Live Length of use: 3-6 Monthswhenever I went in to trade, it seems like there was someone manipulating just when I went in, the graph was smooth, walking in small lines, then when I went in it started to get crazy and volatile, this always happened, the derivation is a scam, there is no profitability with this platform, only losses.
sempre que eu entrava para operar parece que tinha alguem manipulando justamente na hora que eu entrava , o grafico tava suave ,andando em linhas pequenas, ai quando eu entrava ele começava a ficar maluco com violinadas , isso sempre acontecia ,deriv é um scan nao há lucratividade com essa plataforma, só perdas.
Nouakchott, Mauritania, Dec 1, 2020, Registered userSCAM
Service use: Live Length of use: 0-3 MonthsWith the same bot and the same synthetic :
Demo account = profil 1320 $
Real account = loss 155 $
Broker that trade against traders, they get rich from your losses.
Service use: Live Length of use: over 1 YearBinary.com now known as deriv for a reason I can't say is the most heartless broker and Fraud ever.
I ventured into this broker and made 300% of my account in 2 weeks, on placing withdrawal, They kept declining it saying that I shouldn't use them as bank, whereas I only withdraw part of my profits, not even all.. Not to talk of capital. I had to contact the manager and he kept delaying my withdrawals with stories I just can't tell. Before I knew it, the whole money got lost.. No single trade ever went as normal on my positions, again.. It looked as if I am still a newbie on analysis. these people kept buying out and selling out all my positions toll all got lost. I need not be told the evil these people are manifesting. Rendering many people wretched, still the agency in charge don't want to shut down this deadly broker. It is very painful and shameful of the body that is supposed to do something about this. What the hell is Synthetic indices. Trillion of dollars have been lost on this anonymous pairs nobody knows anything about and more are still getting lost daily..
All those Synthetic Indices pairs, What controls them. what moves them? , absolutely nothing.. Only the broker have access to them and solely only them control the pairs and it moves however they want it to move
Volatility 100 index
Volatility 100(1s) index
Volatility 75 index
Volatility 75(1s) index
Volatility 25 index
Volatility 25(1s) index
Volatility 10 index
Volatility 10(1s) index
Volatility 50 Index
Volatility 50(1s) index
In addition, Just Imagine these pairs below. For Christ sake. What kind of pairs are these and what sort of price movement and impact do the have
Crash 1000
Crash 500
Boom1000
Boom500
Step index
Range break 100 index
Range break 200 index
For Christ Sake. What are all these pairs. Their origin.. Market effect.. What move them. Pairs where Supply and Demand doesn't exist. Are the agencies just watching.
I have no doubt on the fact that these brokers have full access to these pairs Alone. Only them.. And these pairs move where and however they want them to move anytime, any day.
Binary broker operate under the ‘market maker’ mode. these are the guys who actually have NO interest in seeing you succeed as a trader because your success is their failure. Your profit is their loss and your loss is their profit.
This broker take opposing position to every trade you place and that's why if you lose $20,000 – that is, you completely blow up your $20,000 account, then the broker gets all of that money. They achieve this by trading your positions. The broker does not make money on the spread; the broker make money on the losing accounts.
Once you make profits to an extent, they reassign you and focus more on buying out and selling out every single position you take.
A broker their pairs most a times don't move with time, 1 to 2 minutes before or ahead of time before new candlesticks begin to form, it is 2 minutes past 1 to 2 minutes past 12 and 11 O'clock candle is still forming, and once this start, that's when the incredible happen in the binary.com/Deriv.com market. Every setup becomes invalid, the pairs become incredibly weird, accounts get blown like the blink of an eye. The only broker that hangs up everything you are doing and in few minutes when it is back, the market structure is something else and your account gone half. Most do think it is network but should you open other Forex brokers, it is clean and your Internet connection is strong. Something can never go Wrong in your chart and when it restores, your account will be positive if you have open position, it turns out completely negative.
I am taking my time to say all these because I just can't see people passing through pains and even trying to commit suicide because of binary broker and keep silence. I pray the needful be done and on time.
I pray The regulating bodies comeback to themselves and help the poor masses. Save people from unmerited losses and frauds from Binary.com/Deriv.com