Top binary options brokers

General Risk Warning: The financial services provided by these websites carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Over the last several years, binary options trading has grown from a small, obscure section of the market to a huge, respected, and profitable form of trading. There are still some brokers out there that are behind the times, though, and these should be avoided. Either they will improve their services to meet current trends and needs, or they will fade away. It’s a far better use of your time to just pick a better broker .

That’s where we come in

As we go from 2016 into 2017, it’s important that we are aware of where binary options, brokers, and the state of trading in general are at, and that we have a good idea where things will be going in the near future. One of the biggest features that has changed over the years, are the amount of signal services that are provided, as well as all the mobile trading applications that are available. Let’s take a quick look at these things so that you can help position yourself to make more money than ever over the coming months.

General Risk Warning: The financial services provided by these websites carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

What To Look For?

You want to choose a top binary options broker. This is the best way to help yourself succeed. Even a great trader can lose money if they don’t have a great site on their side. That extra couple of percentage points when it comes to rates of return, the increased freedom in asset choice, and the specialized exotic options all contribute toward giving you a better chance of making money. If you trade $100,000 per year, and can increase your profit rate by 2 percent, you’ve suddenly made an extra $2,000 per year–just by picking a better site.

Below, we’ve listed a few of the most highly respected brokers and outline what it is that is good about them, what’s not, and who they will benefit the most. We’ll break down the reviews into three main groups: deposits, demo trading, and customer service.

We Think 24Option is the Best in the Business

24Option has been at the forefront of the binary industry for a few years now. As they expand their product line, 24Option maintains this ranking. They have recently added a third party trading alerts section that allows you to receive a signal service like recommendation on what to trade and when. They also offer mobile trading. They are CySEC regulated. and have a great reputation within the EU.

24Option Deposit Options

The minimum deposit here is $250, although U.S. customers are currently not allowed because of CySEC regulations. Deposits can be implemented almost immediately and within 3-5 days you can receive your withdrawal upon full account verification. All information is encrypted and kept private. You can deposit with a wire transfer, a credit card, or through some online wallets.

Demo Trading with 24Options

24Option does have a demo trading account available, but you will need to special request it from customer service. They tend to stay open for only 72 hours. It’s not much time, but it’s enough to get a feel for the site and their software.

Customer Service

24Option places a heavy emphasis on trader support. Without their traders, they don’t have a business, and their philosophy shows this mindset. There are three main ways to contact customer service: phone, email, or direct online chat. Online chat is probably the fastest way to address any issues that you have, although phone and email can often provide more in depth answers to your questions.

Binary Options Robot

Binary Options Robot is the most well known of the automated trading services that have begun to appear in the world of binary options trading. This has given them a good foothold in the market, but it’s important that we remember that there’s a really good reason why Binary Options Robot has become so widely used: it is a strong and reliable tool. The big question for you is whether or not this service will be a helpful one for you as you look to grow your money.

Multiple Deposit Choices

The minimum initial deposit at Binary Options Robot depends on the broker that you decide to use. Most of them require at least $250. You can make a deposit with a credit card, of course. Or you can use a wire transfer from your bank or a few different online wallets. When you make your initial deposit, there are no fees added on. That money goes into your trading account, and once your settings are adjusted, you’re ready to start trading.

Mobile Trading is Available

Binary Options Robot now has a mobile app available. This will let you monitor your account while you’re on the go. Yes, one of the benefits of an automated trading tool is that you don’t need to monitor things constantly, but being able to make adjustments when you’re out can be a very valuable feature. The mobile app is a great addition to the most popular binary options trading robot, making it even more user friendly.

Customer Service Works Well

Binary Options Robot has a great customer service team. If you need help with something, you can call or chat with them online. Online chat is fast and efficient if you need assistance, but you can use phone or email, too.

HOW TO: Find the best broker

Each person will have different needs when it comes to a broker. Before you begin your search, decide what you want to trade, the timeframes over which you’ll trade it, and your basic amounts. Next, find a place that caters to traders in your area. meets all of your requirements, and has high rates of return. This will give you a basic framework for starting your search. Avoid sites that are gimmicky or have unfavorable conditions for their traders. These might not be outright scams. but they are certainly not there to help you make money. There’s a difference between running their business and swindling you out of your cash. Make sure you read about our blacklisted brokers .

HOW TO: Be a better trader

Start with the tools you have readily available. Some places have signals services. some have demo trading, and the vast majority of them have educational resources. Some even have trading advisors and managers to help you get your trading to the next level. If you’re offered bonuses and the terms are favorable, take advantage of them when you can. Getting a little extra help, either by increasing your knowledge, getting extra money, or just having a better rate of return will all help you keep increasing the size of your account. There’s no quick and lasting way to get rich doing this, but small steps consistently taken in the right direction will eventually get you there.

IQOption is Becoming a Favorite

General Risk Warning: The financial services provided by these websites carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

IQOption is one of the newer binary options brokers out there right now, but they have a lot of different features to offer clients. If you’re trying to find a new broker. or just curious about what IQOption has to offer, this brief overview is for you.

If you want to create an account with IQ Option, you can do so with as little as $10 or even open an IQ demo account. Their minimum trade amount is just $1, but if you want, you can fund your account with more and trade in larger increments. They offer more than 500 different assets, and a variety of different ways to trade them. They have the traditional call and put options. ranging down to 60 seconds before expiry. Because this broker is located in Europe, they have a heavy focus on European stocks and indices, but they also have a handful of the major assets that are based out of other regions in the world.

Be sure to get a strong feel of the platform to help avoid potential trade mistakes. This only makes sense whether you use the demo or not. If you have any questions, you can always contact their customer service department. As you grow as a trader you will realize how well the platform performs.

Also, by learning all the right ways to deposit and withdrawal money will help when it comes down to it. Getting all the important documents to them early will help make it a lot easier when it comes to taking money out.

IQOption does not accept traders from the United States, Canada, or Japan. They are regulated by CySEC, one of Europe’s largest regulatory financial bodies. If you are located in the EU, you should have no problems creating an account with this broker if that’s what you determine is best for your style of trade. However, outside of Europe, IQOption is not considered a regulated broker.

Nadex is the Perfect Broker for US Traders

Nadex is the only binary options provider that is completely regulated in the United States by the CFTC. This broker is based out of Chicago, Illinois, and they are one of the standard bearers in the world of binary options trading. Founded in 2004, and then rebranded in 2009 under their current name, Nadex is the go-to choice for binary traders based in the U.S.

In order to fund your Nadex account, you will need to make a minimum deposit of at least $250. You can use a debit card, bank transfer, paper check, or wire transfer to make your deposit. Depending on the trade you want to make and the profit levels that you are looking for, you can make trades for as little as $1 in some instances. Withdrawals are processed in the same way, except they do not currently allow debit card withdrawals.

Nadex offers free and unlimited use of their demo account . Most brokers limit the time that you are allowed to demo trade to about 3 days, but Nadex has a much stronger focus on the success of their traders. They want traders to succeed because when their traders succeed, they are also successful.

Are you interested in mobile trading? Read our Nadex Review. They offer for both iPhones and Android devices. This is beneficial to some traders, but not to all. If you want to be a successful binary options trader, you need to be able to have a strong ability to discern good decisions from bad ones. and oftentimes, the ability to make more trades isn’t necessarily a good thing. Nadex offers their clients tools geared toward helping them to make money, but you will need to make your own decisions about what is best for you and address the risk that is associated with trading on your own.

Although we have our top sites listed above we still have so many other brokers to choose from. Listed below are some other regulated brokers you can use. Some providers work with only certain customers. We will try to give you the leading countries for each broker based on the reviews we gathered.

Thanks for checking out Binary Options University. Obviously you are here to get a leg up on your Binary Trading. There is one major topic that must be talked about way up front. RISK! Although you could make a lot of money trading these instruments, it’s also very easy to lose everything you invest. Please understand the Binary Risks before you invest any money. This site is for entertainment purposes and should not be held responsible for any losses you may incur. Advertising dollars are generated by clicking on some of the outbound links. You can learn more about this on our Privacy Policy or by using our. Happy Trading!

Some of the Most Important Pages on this Site

Binary Options Trading University Copyright © 2017 All Rights Reserved.

Information on should not be seen as a recommendation to trade binary options. is not licensed nor authorized to provide advice on investing and related matters. Information on the website is not, nor should it be seen as investment advice. Clients without sufficient knowledge should seek individual advice from an authorized source. Binary options trading entails significant risks and there is a chance that clients lose all of their invested money. Past performance is not a guarantee of future returns. This website is independent of binary brokers featured on it. Before trading with any of the brokers, clients should make sure they understand the risks and check if the broker is licensed and regulated. We recommend choosing an EU regulated broker if you reside within the European Union. In accordance with FTC guidelines, has financial relationships with some of the products and services mention on this website, and may be compensated if consumers choose to click these links in our content and ultimately sign up for them.

United States Binary Options Brokers

US Traders

Binary options brokersIndeed, a distinction between regular traders and those living in the US ought to be made. Being in the second group means following certain rules of a rather restrictive character, even though binary options trading can, in fact, be used in all parts of the world. It is important to mention that together with Fair Binary Options, traders based in the US will finally get the access to best and fairest US brokers. The list of US brokers is not only based on the fact that these brokers enable US customers to trade binary options, but also on the quality of the services offered. What is important for every trader to know is that binary options trading is legal in the United States of America, despite what the rumors say. More info on this topic trading can be found in our article on legality of binary options .

US Brokers

The difference between regular binary options brokers operating in Australia or Europe and those located in the US is the organization of the market. US traders, if they want to trade on regulated platforms must use binary options exchanges – like NADEX. This online exchange platform, although granting uninterrupted operations, is highly regulated. Also, higher fees and costs are to be expected, once again discouraging the small investors from taking part in binary options trading. Read our NADEX review .

All US trading platforms are regulated by Commodity Futures Trading Commission (CFTC), and strict rules and laws apply. This lowers the liquidity of the trader, as it is quite usual for platforms to charge additional fees on every transaction. Luckily, there are more than enough brokers who provide binary options trading services for US traders outside the US market. These brokers are commonly known as offshore brokers. Read more about binary options regulations .

European vs. US System

US binary options brokers that operate at a global level use the European system where the broker is also the liquidity provider. This makes the trading process much easier, interesting and not forget to mention, much more affordable, as they usually don’t charge fees on every transaction like some of the US platforms do. Things have changed quite a lot in the last few years and many binary brokers are applying for regulation in Europe, which means they will not be able to offer services to US traders. That is why it’s important for every trader to be well informed about latest news in binary options industry, as the situation with US brokers is often changing on the everyday basis. To stay well informed, make sure to follow our nbinary options news section, as well as the US brokers list that is regularly updated.

This is why we at Fair Binary Options knew it was important to highlight the remaining brokers accepting US customers. Even though we support all brokers listed in the table above, we strongly recommend reading all the reviews before making a final decision. Every broker is unique and offers unique trading experience, so it is important to choose a broker that is right for you. Find out more about differences between Nadex and traditional binary options brokers .

How to recognize a good US broker?

Binary options brokersCustomers are the best indication of whether or not a broker is indeed trustworthy. As long as customers are thrilled about trading with a certain platform, this enthusiasm will be visible in the level of profit. On the other hand, an unprofitable business will most likely disappear from the market once traders will not require its services. However, this is not always a smooth transition and many traders may not be aware that the broker they are registering with is does not provide a good service. This is why Fair Binary Options inspected brokers accepting US customers to present them to our readers. Every year we reward the best US broker with Fair Binary Options Award, to give traders additional feeling of safety while choosing the broker and placing trades. More advice on how to find a good broker read here .

US Brokers Reviews

Fair Binary Options is here to adequately clarify the matter and to properly inform traders of available choices in terms of US brokers. Traders may count on this website as it will point them in the right direction, providing detailed information that is adequately structured and organized in tables and charts, as well as with complete, adequately researched reviews. Surely, after gathering all the necessary details from Fair Binary Options, they will be able to make a solid decision with regards to a trustworthy reliable US broker.

Binary Options Mobile Trading

Read Review

As mentioned earlier, binary options mobile trading allows you to access a broker’s site by using your smart phone, tablet or even your laptop. Actually, all you need is to download a simple mobile app from your phone’s app vendor and you are good to go. Mobile trading always comes in handy when you don’t have access to your desktop or if you only have access to a metered connection. You only have to download and install a mobile app of a broker in question. Unfortunately, most brokers only develop mobile applications compatible with android and IOS devices. But some offer something even better – responsive mobile sites. If you have a smart phone running on Windows or Blackberry operating systems, you can always access the trading platform through your mobile browser.

Steps To Follow

  • Register with a Binary Options Broker – Binary options trading is not achieved in a vacuum environment. You need to access a mobile trading platform to place your trade. A binary options broker is just a company offering a trading platform over which to trade financial markets. Fortunately, there are dozens of binary options brokers in existence today and more keep mushrooming every now and then. However, you should take your time to analyze a broker before committing financially to avoid registering with a scam broker (Trust me; there are lots of scam brokers).
  • Place a Deposit – Unless in special circumstances like when brokers offer no-deposit bonuses, most brokers require you to make a deposit at or above the minimum deposit requirement to be granted access to the trading platform. That’s why it’s advisable always to check the deposit requirements before submitting the registration details to avoid inconveniences in the foreseeable future. You can make a deposit using one of the banking options offered by the broker.
  • Download the Mobile App – To enjoy mobile trading, it goes without saying you have to download and install the app. Most brokers have download instructions on their websites but all you have to do is search for the app in your app market place like Google Play or Apple Store. You can then enjoy unlimited trading, round the clock, by using your smart phone. In order to trade, you only need to select the underlying asset, trading option and the expiry duration, just set the investment amount you want to invest. In addition, you have to predict the most probable direction of the price’s movement with reference to the prevailing market price, also known as the strike price. The outcome is determined by comparing the expiry price and the strike price to your initial predictions.

Some binary options mobile apps usually have a common downside where some have been designed to give you selective access to the trading platform. With some mobile apps, you can’t access some trading tools and hence making it hard to effectively manage your open trading positions.

Last Words

Trading binary options is interesting and profitable to say the least, but it comes with a high risk level. That being said, it’s vital to implement sound profit and risk management techniques in order to make it successfully in binary options trading online.

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Binary options mobile trading

Expert Option, SCAM! They cut my PAYOUTS in HALF

Yes Expert option is a scam as I’ve deposited $50 yesterday and I made it $1000 and now when I check my account today morning it shows only $50 again all my trading history is deleted and now I am not able to trade too, please check the attachment for the proof

Binary options forum

Binary options forum

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Hi Folks. Just registered today to share my experience. I am a VIP customer with IQOption. I’ve opened an account with ExpertOption couple of days ago with $50 and claimed 100% bonus on my deposit. My account is fully verified as you can see on the attachments below. I was very impressed by the high profitability offered on the options. When I registered they paid out over 90% on Bitcoin turbo options. Now after 3 days I am lucky to get 65% at max on any asset. You can see on my daily trading volume that I executed less and less trades as profitability fluctuates a lot. I reached out to the customer support to (attached) to see why is the profitability reduced significantly. First I was asked to send an email to (no point as I sent two already nobody got back to me), than I was told that profitability changed by many factors. So my question is why is 24option and IQOption offers over 80% payout in the same time. I still have to trade an extra 1K to make sure I can withdraw my funds with the bonus, but at 65% profitability I am not prepared to trade as break-even ratio at that level is 60.61%. My strategy only works at payouts of over 80% with acceptable risk taken in terms of bets on each trade. I am getting really concerned about the legitimacy of this broker for a number of reasons: 1) Horrible customer support team. 2) Fluctuation of payouts 3) Non EU regulated. See screenshots below proving all the above. If this profitability issue will not be resolved in the next couple of days with ExpertOption I will make a formal complaint with FMRRC. Hope the above helps guys. Be safe. Closingbell

Binary options forum

Binary options forum

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Binary options forum

Binary options forum

Binary options forum

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Binary options forum

Binary options forum

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Just for the record guys, I am not promoting IQOption or 24Option. Just posted my experience above. I have no complaints against IQOption tho. Most reliable broker I have every traded with.

Some more proof guys. I activated the Experts feature on the ExpertOption platform which displays how much other trades bet to which direction. I marked two traders who I watched live on the platform. They placed $100 and $1000 call options. After the expiry of the option period expertoption displays how much they got in return. You can see that the trader who placed $1000 got $1870 in return. In the meantime I had 64% payout on the Bitcoin.

Binary options forum

Binary options forum

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More proof guys. I was watching the expert option platform live. They have a feature where you can see other traders trades. I marked on the below screenshot that the two traders placed $100 & $1000 bets on call. Both expired ITM – they got 87% return on their investment. Proofs that the payouts being manipulated by Expertoption at an individual trader level. This is completely illegal.

Binary options forum

Binary options forum

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Now folks, more to report here. I decided to blow up my account to see what happens if I start losing money. As I expected. Once I start losing money The profitability of the options just returned to 80-91-92%. AVOID EXPERT OPTIONS.

Never even heard of these folks, why did u pick them in the first place?

Never even heard of these folks, why did u pick them in the first place?

They had 92% payout on Bitcoin throughout the weekend. I only get 42-40% through IQoption at the weekend. I just stick with IQoption

hi closingbell! didn’t know that it is possible to trade on weekends before. I thought all markets are closed during that time mostly. am I wrong?
btw, sorry, just started to learn more about this.

hi closingbell! didn’t know that it is possible to trade on weekends before. I thought all markets are closed during that time mostly. am I wrong?
btw, sorry, just started to learn more about this.

Hey. Most brokers provide OTC market at the weekend on major currencies. Algorithm generated FX quotes. IQoption used to do that too, but now they have a bitcoin index running at the weekend with 40% payout. The bitcoin market is open 24/7 – open source. But I guess the Bitcoin indexes that brokers list is busted up with some algorithms as prices they display have a spread of circa 15$

The reason I signed up with ExpertOption is that they paid out 92% at the weekend on the Bitcoin index. But after I tripled my balance they cut the payouts on my account to half. Scammers. I also sent an email to the “regulator” who regulates them, but they didn’t even reply. I just stick with the broker I trust.

hi closingbell! didn’t know that it is possible to trade on weekends before. I thought all markets are closed during that time mostly. am I wrong?
btw, sorry, just started to learn more about this.

Hey. Most brokers provide OTC market at the weekend on major currencies. Algorithm generated FX quotes. IQoption used to do that too, but now they have a bitcoin index running at the weekend with 40% payout. The bitcoin market is open 24/7 – open source. But I guess the Bitcoin indexes that brokers list is busted up with some algorithms as prices they display have a spread of circa 15$

The reason I signed up with ExpertOption is that they paid out 92% at the weekend on the Bitcoin index. But after I tripled my balance they cut the payouts on my account to half. Scammers. I also sent an email to the “regulator” who regulates them, but they didn’t even reply. I just stick with the broker I trust.

wow, that was harsh. nothing good can await them in the future with such methods though. sorry for your losses and your time. thanks for explanations too! to be honest, I would have registered with them too, 92% are pretty luring.

This is the may reason I was only prepared to deposit only $50. To test out the platform. Thank god I didnt put in more.

Hello Guys, Don’t trust ExpertOption. I’m just a beginner trader and they didn’t even pay my withdrawal that I requested. So SCAM.

Well, the name and the fact that it is pretty much an unknown broker is the first sign of scam. that and that it is located in the Grenadines, a nice place to vacation but a bad place to trust your money, and that it claims FMRCC regulation which is that useless Russian based intermediary that is backing some other shady brokers I could mention.

Binary Options Reports

Binary Options Live Signals Scam Reported to the Better Business Bureau

Binary Options Live Signals (BOLS) has recently been reported to the Better Business Bureau as an investment scam where the victim, a Canadian resident supposedly lost $80,000 in a binary options scheme and is now disputing the charges made by two scam brokers.

Binary options live signals

Scam Description:
The scam started after a customer was lured through a website into contacting their sales staff Via Instant Messaging. It seems there is a sophisticated network of people pretending to be active traders and convincing innocent victims into depositing exorbitant amounts of money with a couple of shady brokers and . To diffuse forms of resistance they make false promises and tell the helpless would-be traders they would provide them with auto-trading software that would trade on their behalf and produce amazing results they will surely profit from. Fake account statements and phony documentation was provided as a source of reference to entice the victims even more. Once the accounts have been funded and obviously depleted, the communication would stop and attempting to reach the scammers would be impossible. Even smart and educated people have fallen prey to this scheme, due to it’s high level of sophistication and aggressiveness.

Visa and MasterCard Are Also to Blame
It’s worth mentioning the credit card companies are only allowing this to happen due to the immense fees they charge in this high risk business. These types of frauds are obviously not carried out by reputable and honest people, and are most likely offshore companies, probably associated with money laundering and tax evasion. I would not be surprised if there is a connection to organized crime in some form or another, since these types of get-rich quick schemes have proven to be a front for something bigger in many cases.

How to Spot the Scam
Initially the site looks reputable in the sense that is claims to provide binary options signals, and not some fast make-money scam. However when you start taking a closer look you will see certain tells. The first and most obvious is the testimonial section. It’s just some ripped off photos from the internet with fake sentences anyone can make up. There’s no real way to validate the claims and see if they are valid and genuine.

Secondly, Zenithoptions and Option-orbit are part of the safe24option network of scams. These so called brokers are just a way for some offshore criminals to steal your money using the disguise of legitimate trading. These brokers are promoted “under the radar” through very specific channels and with good reason.

Finally, a quick search at the BBB Scamtracker section will immediately tell you the story. If someone actually took the time to submit or report a scam complaint, they must have been severely wronged because people are usually busy with their lives and these are the last things they like to do.

Binary options live signals

Who is Behind BOLS and How is it Managed?
Well, it would have to be people who understand technology, but also smart enough to build their own affiliate network software. The affiliates who market BOLS are also culprits and partners in crime, because they lure innocent, unsuspecting victims into an obvious scam by using false advertising techniques. In most cases they will promise immense wealth and speedy profits with little or no investment requirements.

Conclusions and Recommendations
Binary Options Live Signals is a dirty, manipulative, and extremely deceptive scam. Zenithoptions and Option-orbit are associated with safe24option, which is one of the biggest scam brokers known to operate. If you have been contacted by these filthy scumbags in any way, shape or form make sure to give them the proverbial finger and tell them you don’t have money to invest in binary options since that is the best way to get rid of them quickly and efficiently. If you are looking for legitimate trading software make sure to check out our reviews section, and don’t forget to tell us what you think by leaving a comment below.

Binary Options Reports

Binary Option Club Review, Options SCAM Exposed With Evidence!

Binary Scam Alerts » Scam Reviews » Binary Option Club Review, Options SCAM Exposed With Evidence!

The Binary Option Club (AKA Binary Options Club) social trading app and trade-copying software by the non-existent Paul Schafer is a SCAM and we BLACKLISTED it in our factual review and investigation. The thieves behind this software are presumably a purveyor of a quality trade copier, however our staff smelled a rat when the accuracy levels dropped below the minimum 75% ITM success ratio and we started losing money. When the complaints started arriving we immediately noticed a few disturbing facts. First, its worth pointing out that there are many fake reviews about this new system and that is extremely alarming. Secondly, some of our members have told us they were baited after responding to a very aggressive form of advertising which kept popping up. Besides the obvious SPAM emails, we find this form of false advertising to be especially dangerous because it uses spyware to track your browser navigation and based on your browsing activity chooses the best time to deliver a very enticing message illegally soliciting you to join this vile scheme. If you believe this system to be genuine of legit we are sorry to disappoint you once more, but you are being set up and about to get scammed by some of the industry’s most crafty affiliate marketers. These crooks could care less about your financial welfare and are only interested in getting you signed up with a broker’s account of their choosing. We have also been informed by one of our sources that a virus was installed on his computer after trying out this system. So stay totally alert and keep reading to see how we exposed the Binary Option Club fake social app and why we believe it steals money.

Official Website, Login Page, and Member’s Area:
Below you will see a popup which is displayed right after the registration process is completed. It’s plain to see you are locked into signing up with a broker of their choosing. There’s no way to see how the software performs on demo mode or even see it in action in a real trading environment.

Binary options broker reviews

Furthermore, these crooks claim they don’t like auto-traders and prefer “humans make the calls”. To counter this we have added a recent blog post by Citadel Investments who have recently “Acquired” the CITI Automated Trading Desk Assets.

Binary options broker reviews

Here’s another article from the New York Times saying how robots are replacing humans since they are able to make split second decisions and execute trades much faster than people can.

Binary options broker reviews

So when you evaluate the facts you simply have to see what the agenda behind Binary Option Club is and why these swindlers are pushing you in a direction which is beneficial to them, but not to you.

Binary Option Club Software Review
Here’s a software that claims “you can become an expert and make a solid income by following 3 easy steps”. Yes, this software is supposed to provide a solution to anyone who was previously “scammed” by trading robots. Unfortunately the proverb “out of the fire and into the frying pan” is very suitable in this case. Instead of finding the right auto-trader, you are being funneled into something which is totally new and has a zero track record of success.

Binary options broker reviews

Distinguishing Features:
A. Manual trading by “so-called” experts. The main problem is we don’t know who Michael Jessop or Chase Drexler is. In fact, these are most likely fake profiles and bots which are set to execute trades according to a certain criteria. These are not real people, so don’t get your hopes up and once you ask difficult or unusual questions no one will respond.

Binary options broker reviews

B. “Free University “: This is not really a university and does not get into the details of how to avoid making mistakes and why are the risks involved with short-term contracts. It’s a kind teaser mixed with half-truths and sound-bites designed to entice and bait you.

C. Manual or Automated Trading?. This is not clear (which is another problem), but from what we understand there are two formats. The first is manually copying other traders, and the second is having the system automatically execute copied trades for you. Either way you lose since copying trades executed by fake profiles will get you random results at best and most likely will result in your balance being wiped out.

Accuracy, ITM, and Success Ratio
After testing this software we have reached a 50% success ratio, which means we are back to tossing coins. This simply validates our previous claims and connects all the dots for us so don’t say we didn’t warn you.

Is it Free?
No it is not. Binary Option Club will cost you a minimum of $250 to get started, and this money will be deducted from your credit card by one of their recommended brokers which may or may not be licensed.

Similar Viral Scams Trending
The ones getting the most complaints are Omnia App and United Trading Network .

Signals Versus Trading Robots
If you are not sure and having a difficult time making the right decision its totally fine. We have done all the research for you so now you don’t have to. Our short list of endorsed system represents the best and most consistent money-making apps. These are all showcased in our recommended section.

Binary options broker reviews

Review Summary and Conclusions
The Binary Option Club social trading app and copying software by Paul Schafer is a malicious SCAM and rightfully blacklisted in our detailed review. If for some reason you believe this system to be genuine of legit, you had best get ready to have your money stolen by these blood-thirsty hyenas. The seemingly innocent looking facade of this fake app has already tricked many traders and caused them much misery and grief. We urge you to use your common sense and refrain from using this fraudulent software and fake copier, since we now know what will happen to your initial investment. Additionally, these affiliates have teamed up with dirty brokers that will steal your credit card details as well and overcharge you (this is confirmed). In light of all this evidence and findings our staff was able to produce, we are forced once more to blacklist the Binary Option Club and recommend alternative investment solutions to our members and viewers. Don’t forget to join our Facebook Group and YouTube Channel .

Binary options forum

There are plenty of options how to find out more about binary options online. One of the options is discussion forums. They basically help you learn and chat with others. There are lots of binary options focused forums and you’ll find out their advantages, as well as the stuff you should be careful with below.

Advantages of discussion forums

The main focus of an online forum is to enable a debate among like-minded people. You add to to the discussion yourself and debate. Another great thing about these forums is that you can basically study for binary options trading just by reading what other people wrote. I think that this is a great way to learn. However, you have to know, what to be careful with; but we’ll cover that later in this article.

Another advantage of using discussion forums is that it is an option to share your opinion and experience with all the different social classes. In forums you’ll find everything ranging from broker’s reviews. strategies to the previews of the trades. Most of the visitors want to know more, get better at something, someone simply wants to be a part of the discussion. If you have any questions, write it in the discussion forums and if you’re lucky, you might get a mindful answer.

What to watch out for?

If you’re going to get all your information from discussion forums and believe that you’ll actually read something important there, it won’t take long and you’ll fall for some scam. s offer an access to plenty of information, but it doesn’t necessarily mean that these are high quality information and that they’ll help you with trading. If you’re going to blindly trust stuff someone you don’t even know anything about wrote on the internet without verifying it, it’s possible that you’ll make a decision that you’ll regret later. Investing with help of some strategy or trading system that doesn’t work can for example discourage you from something that might have worked out with a different strategy or a system.

Whatever discussion you’re going to be part of, you’ll always find good and bad opinions. It’s important to realize that people that have had a bad experience will always be heard the most. Most of the forums are filled with more negative than positive answers. You’ll also have to be prepared that someone will be offensive against you, if you contribute something that doesn’t make sense or if you’re going to write about something that you really don’t understand. Before you write anything, it’s important to think it through.

Another important thing when visiting a forum is to realize who to believe. Who can give a quality information. You have to look at it from the other side as well, because it’s very easy to set up a profile and write something. It’s always good to ask yourself couple of questions. What kind of a person is it? What are his experiences? How can he help me educate myself on binary options? Is he making any money himself or is he just pretending that he does? These questions should be asked whenever you see a new topic on binary options. Of course, it’s not only a case of binary options, but a case in general. It’s always good to verify whatever you want to try.

Everyone can debate about binary options, but the important thing is to make a difference in who to trust and who not to.

Now that I’ve said what I said… It doesn’t necessarily mean that everyone who writes in forums is bad or wants to do you harm. If it did, I wouldn’t recommend you to read them at all, would I?

It’s very good to realize that the world of finances has many, so-called gurus that call themselves experts. Binary options are not an exception. You’ll always find a certain type in the forums. These people are not experienced and have no idea what they are talking about. Then you have people that already have a good reputation and understand their topics. When you ask such a person a question, they’ll behave as the smartest person in the world and they’ll feel so high about themselves, because someone asked them something. Experienced traders can be distinguished from the novices very easily, just after reading couple of their submissions.

Are forums worth it?

Maybe it all sounds a bit negative, but don’t let yourself be discouraged studying with the help of discussion forums. It’s a great opportunity to learn from what other people have to say. Maybe, you’ll be surprised, but you can even make some friends. So, don’t be afraid and go for it.

Discussion forums can help you to avoid mistakes and much probably will help you move to the category of experienced traders. However, you must be prepared for a lot of nonsense that you’d have to dig through to get to the information that will really help you out. If you’re going to be careful, you can learn from others’ experiences. You can find a lot of great ways how to trade and maybe even contacts to the so-called “masters of the game”. 🙂

More about J. Pro

Unlike Stephen (the other author) I have been thinking mainly about online business lately. I wasn’t very successfull with dropshipping on Amazon and other ways of making money online, and I’d only earn a few hundreds of dollars in years. But then binary options caught my attention with it’s simplicity. Now I’m glad it did because it really is worth it.

2 Responses to “Binary Options Forums – Pros and Cons”

Hello to all,
Need a clarification. I did register for binary and got a phone call from them, asking me to deposit $250. I told them to give time to think of it. Since then, I keep receiving call from them. Today, I decided to pick up twice when i received the call again, however, the automatic information was given by machine was to call them back. Need some opinion. Pls. help. Thx u in advance.
All the best to everyone

Hmmm what broker are we talking about? I know there are unregulated brokers who do some nasty stuff with their callings, but idk if that’s what you’re talking about. Let me know.

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Binary Options Live Signals

Join a Binary Options Live Trading Room and Earn while you Learn!

Binary options live signals Binary options live signals are by far the best way to trade with signals if you have the time and can meet the schedule of your chosen binary options live trading room. Binary options live trading allows you to hone valuable skills by being mentored by a master trader while at the same time enjoying a level of success from trading that you most likely would not have been able to achieve on your own. The outstanding binary options trading rooms that we recommend are summarised below:

Binary Options Trading Signals

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Binary Options Trading Signals is the most established and highly recommended binary options live trading provider. It is hosted by an Italian-Canadian master trader who goes by the name of ‘Franco”. The Franco binary options signals are live streamed with audio fom 9:30 to 11:30AM EST, Monday to Friday. Franco promises that by the end of each week his signals will have an overall ITM% of at least 85%. So far he has done very well in keeping that promise. There is a one day free trial period for Binary Options Trading Signals as well as a 60 day money-back guarantee.
Subscription Cost :$97/2 weeks (60 day money-back guarantee)

Night Owl Signals

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Night Owl Signals is an exciting new live binary options trading room that is a great alternative to the Franco binary options signals for those who are not available at the times Franco’s sessions are scheduled. Night Owl Signals ‘ live trading room binary options sessions are held between 8:30 and 10:00PM EST (Asian session) Monday to Thursday. There is no trading on Friday since this is really Saturday for the Asian market. The trading sessions are conducted by an expert trader by the name of Chris. His signals are astoundingly accurate. This service is highly recommended. As with Binary Options Trading Signals, there is a one day free trial and a 60 day money-back guarantee.
Subscription Cost :$87/2 weeks (60 day money-back guarantee)

Exchange Traders

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With Exchange Traders. traders using the US CFTC regulated exchange Nadex. now have a reliable live trading room that operates Monday through Thursday, 9:00 AM EST to 9:30 AM EST. Although the trading sessions only last half an hour, they are very profitable and well worth the subscription. These sessions are ideal for persons who don’t have a lot of time to trade but would like to profit from binary options on the side.
Subscription Cost :$99/1st month then $149/month (60 day money-back guarantee)

The Binary Options Advantage

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The Binary Options Advantage is a binary options live trading room run by expert trader Paul Hubert, that really does offer many advantages. When you subscribe you receive 2 hours of live trading and education daily Monday to Friday 9:30-11:30AM EST (New York trading session), plus a bonus 2 Asian sessions from 7:30-9:30PM EST on Tuesdays and Thursdays. Their performance is shown on their site and they have an average ITM% of over 83%! One of the great things about The Binary Options Advantage is the fact that they offer a $7 7day trial and their monthly subscription is only $97. So it is really very easy to find out if this service is right for you without taking any real risk. You can take advantage of the 7 day trial using a demo account and there is a 60 day money-back guarantee. The service works with any broker but they do recommend Stockpair. Stockpair does not accept US traders. If you don’t already have a broker and you are in the US, we recommend Tradorax .
Subscription Cost :$7/7-Day Trial | then $97/Month (60 day money-back guarantee)