Binary Options Trading

Posted by riverrmerlin on September 26th, 2016

Binary Options are an approach to profit by foreseeing if a stock or ware or currency will go up or down. The way it works is that: you simply choose an asset – it can be anything from currencies to stocks and then you need to forecast whether it’s value will go up or down in a certain amount of time, according to different measurements (past experience, market trends and more).

There are a lot of scams in the binary options field, and according to the site“binary option scam reviews” there are three types of a binary options scam andthey are all scams anybody can maintain a distance from with the right binary option scam reviews. Because of the measure of binary options brokers out there, it is critical that you know exactly which binary options brand you should trade with and how professional is your account manager. A scam broker will usually charge a merchants credit card, to add more money to their exchanging account.

We reviewed a few binary options platforms. By using the internet, we spend a substantial amount of time reading reviews, talking to other traders to get some information about their binary options brands they are trading with and trying to deposit and withdrawal from the different platforms.

We came across a lot of traders with scam stories and we also came across a lot of traders that were very successful and made profit trading.

The traders who were successful usually spend a long period of time using the educational centers offered in different trading websites. A lot of them also had one on one lessons with a personal broker that was assign to them when they registered and made their first deposit.

We believe that education is the key for success in the field of binary options, and you must take your time to study as many different trading methods as possible. The best way to do that is – as we said – using the educational centers, reading e-books and taking personal lessons with experienced brokers.

We tried depositing 0 to a certain platform and we got a welcome bonus that brought our balance up to 0. We then tried to find some information about trading so we can try and trade, and unfortunately there were none. No educational center, no e-books and no tutorials. We then had to ask for our money back since we had no way we could trade uccesfuly with no trading info. We had to go through a verification process and send some documents but we ended up with our 0 back on our card after about 2 weeks.

Our conclusion is that you must first do your research and find a platform that offers all the reading and studying martials you need in order to trade successfully and not lose your entire deposit in one trade.

We recommend reading as many reviews as possible on the web and try and stick to the ones that has good reviews.