Why Are Stories of Scams So Common? |
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Why Are Stories of Scams So Common? |
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 257 Csatlakozott: 22-August 19 Azonosító: 1,099 ![]() |
Scams are unfortunately all too common in the field of binary options. Dishonest brokers and reviews, or rigged robots and other auto trading services – the scams can come in many forms. So we feel it’s necessary to create this blacklist and list all known frauds and dishonest techniques in one place.
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Létrehozva:
#2
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 82 Csatlakozott: 22-August 19 Azonosító: 1,100 ![]() |
When any new financial instrument or form of trading first emerges, a whole range of businesses tend to get involved. It’s a fact of life that some of those product providers are going to be more trustworthy than others. This is certainly true of binary options. It is, after all, an accessible and popular method for individuals to trade the markets. What’s more, at least in their early days, binary options trading platforms tended to operate under the radar of the regulators and from any country over the internet – so it’s hardly surprising that unscrupulous operators seek to take advantage.
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Létrehozva:
#3
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 85 Csatlakozott: 22-August 19 Azonosító: 1,101 ![]() |
Thanks to better regulation, a strong online trader community and honest reviews, it’s now a lot easier to tell a scam from a legitimate broker. But as with any international online marketplace, there are still some shady outfits who will leave you with less than you bargained for. So what are red flags to look out for? Here are the points to consider as you go about choosing your binary broke
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Létrehozva:
#4
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 94 Csatlakozott: 23-August 19 Azonosító: 1,103 ![]() |
The term “scam” covers a wide range of behaviour, from providing misleading information to lure you in, through to vanishing account balances – and even dishonest trading advice. Likewise, a particular broker might not be technically fraudulent in its behaviour; it’s just that the service available on the platform (such as highly unreliable uptime or failure to reimburse funds in a timely manner) means that this is a broker that really ought to be avoided.
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Létrehozva:
#5
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 82 Csatlakozott: 23-August 19 Azonosító: 1,105 ![]() |
So it’s a matter of doing your homework before you commit to any particular platform. User reviews can be helpful (if they are genuine), but always treat such reviews with scepticism – and never make a decision on the basis of testimonials published on the broker’s website. Even trader forums can be problematic – look closely and you’ll often find that the forum is an offshoot of a particular broker’s website. Independent, thorough and comparative reviews are the safest way to ‘scam-check’ a broker. Ideally, focus on review sites that allow and encourage real-life users to get in contact and report and problems with particular brokers, so you can be sure that what you are reading is up to date.
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Létrehozva:
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 480 Csatlakozott: 8-September 18 Azonosító: 761 ![]() |
Is Pocket Option a good Broker for binary options and forex trading Has anybody experience with Pocket Option? Is Pocket Option legit? Is Pocket Option a good binary options broker? As I´m living in Asia, not all broker accepting traders from my country. Now I stumbled upon a review about Pocket Option and I checked out this broker on my own! It looks great sofar, with many assets and many tools to trade. I recently opened an account with Pocket Option, after I´ve seena youtube video about this broker! But is Pocket Option legit?|I´m looking for a good binary options broker and opened an account at Pocket Option, is this a good broker for binary options? Has anybody traded with Pocket Option already? Here is the Pocket Option Review I came accross! Is here anybody trading with pocket Option? Where are you trading binary options right now? Learn more about
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Szöveges verzió | A pontos idő: 26th August 2024 - 06:06 PM |