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Binary Options Fake

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Additionally, some binary options Internet-based trading platforms may overstate the average return on investment by advertising a higher average return on investment than a customer should expect, given the payout structure.

In this example, an investor could expect -- on average -- to lose money. Investor Alert: Binary Options and Fraud. The Office of Investor Education and Advocacy has provided this information as a service to investors.

It is neither a legal interpretation nor a statement of SEC policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law.

Please enter some keywords to search. This also allows common people like you and me to trade without any hardcore knowledge of advanced financial and economic strategies and make money.

These days the number of automated binary options trading software have increased by leaps and bounds and the authenticity of this software are quite questionable.

This is because most auto traders are not licensed and this opens up the opportunity for fraudsters to develop their own fake software and sell it to common people and trap them and steal their money.

But now it has become quite easy for them to make fraudulent sites, and as people were not able to differentiate between the fraudulent and legitimate sites this led them to suffer heavy losses.

So today, in this article I will tell you how you can identify a fraudulent or Scam system. But before we go into that let me tell you what Binary Options Trading is.

Binary Options Trading is a financial trading in which the payoff is a fixed amount or nothing at all. Generally, traders trade through regulated platforms that provide with licensed brokers but day traders and amateur traders can also trade using the automated trading robots or software.

But before trading through these software one must know what kind of product they are dealing with so as to make sure they are tricked.

So, let me help you to learn how you can identify a Scam software among the variety of trading systems available online.

Here I have listed the various ways with which you can identify a Scam System. Option Robot is one such genuine sites which have regulated brokers and they clearly give details about the broker sites with which they will link you up as soon as you make an account.

Just have a look below. For example, the person shown above is a very well known the fiverr actor who is regularly hired by scammers to provide testimonials or as a spokesperson of scam systems.

Also, it is claimed that these bots are designed with the help of professional traders across the world who have worked on this together.

Unfortunately, very few are able to understand that this software is nothing but a guessing game. The software comes at a cost, and once you pay it, in spite of the scammers promising you a money-back guarantee, it is highly advised to stay away from such bots as these fraudsters are going to run away with your money.

The majority of the binary options exchanges are fake. The binary options scams list of fake exchanges can be found directly on our First Option Recovery official site.

These scammers develop websites based on an original binary exchange, however, the trading chart that follows works according to the algorithm developed by them.

What is meant by that is when you invest your money in the exchange, it will show that you have made a lot of profit in the short term.

The greed for more profits will make you invest more than necessary and still you will see that you are reaping in the profits.

Once you place your withdrawal request, you will notice that the broker is making stupid claims as to lack of workforce or bank holidays in that particular country or so, resulting in a delay of wire transfers.

A short and quick way to find out whether a binary options trading scheme is a scam or not is whether your broker is providing you with an insane bonus even before you are investing your money.

Binary options, in spite of being lucrative, is an expensive affair in the long run with brokerages, rate cuts, licenses and high hosting fees.

When a new exchange suddenly offers you a lot of bonuses in the very beginning itself, there is a high chance that the broker might be a rigged one.

Offering a bonus in the very beginning stages does breach the contract terms as no regulatory authority allows a broker to offer a bonus before you start winning your trades.

If you open the First Option Recovery homepage, you would realize that we do not have any major celebrity asking you to buy our product.

The reason behind is that a celeb never knows what he endorses. He just gets the money and gets done with it.

These fake brokers invest a lot in celebrity endorsements, just to gain the trust of the followers.

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