Your First Million Review; A Binary Options Scam

Binary options is just not a way of making money online. I’ve even watched some videos just like the one you watched on Your First Million from scammers who agree that binary options IS indeed a scam. If the scammers call it that I’m going to take their word for it.

Over 100 underline assets- over 10 currency pairs! 4 different global markets- including major US traded stocks Returns of up to 85%! Daily market reviews Very high exposure limit- up to $5,000 with no limit on number of positions. Most competitive bonus offers in the industry. Traders can open accounts in Euros, British Pounds, US Dollars, CAD and AUD. You can fund your account using any major credit card in addition to wire and cashU options.
Brokers Broker name Regulated Minimum Deposit Return/Refund Score OptionBit Yes 250 70-85%/0% 1 / 10 OptionsClick Yes 200 60-89%/0-2% 1 / 10 Opteck Yes 250 N/A 1 / 10 MarketsWorld No 10 70-90% /0% 1 / 10 Binary Yes 10 High 9.1 / 10 Learn More BinaryTilt No 250 70-85%/0-3% 1 / 10 IQ Option Yes 10 High 9.3 / 10 Learn More Ayrex No 25 60-80% 8.0 / 10 IG Yes 250 N/A 8.5 / 10 EmpireOption Yes 100 70-82%/0-5% 1 / 10 Nadex Yes No Min Medium to High 9.4 / 10 Learn More 365Trading Yes 100 68-85% / 0% 1 / 10 PWRTrade No 250 75-85%/ 0% 7.4 / 10 Dukascopy Yes 100* 70-90% 8.5 / 10 OlympTrade Yes 10 High 8.4 / 10 Finmax Yes 250 Average 8.8 / 10 Binomo No 10 Medium 7.9 / 10 HighLow Yes 10 High 1 / 10 Binatex No 1 75-85% / 0-15% 7.3 / 10 Finrally No 250 Average 6.2 / 10 ExpertOption No 10 Average 8.5 / 10 BinaryCent No 250 Average 6.7 / 10 BinaryOnline No 250 70-85% /0% 1 / 10 GreenFieldsCapital No N/A N/A N/A / 10 PrestigeFinancialMarkets No N/A N/A N/A / 10 Grand Capital Yes 10 N/A 8.1 / 10 Pocket Option Yes 50 60-92% /0-10% 8.3 / 10 Learn More Option888 No 250 75-85% / 0-15% 1 / 10 uTrader No 300 75-85% /0-10% 5.3 / 10 RaceOption No 250 Average 6.3 / 10 OptionField No N/A Medium to High 7.3 / 10 Binary24 No 10 75-85% /0-10% 1 / 10 CloseOption No 5 Low 6.8 / 10 BinaryMate No 250 Low to Medium 4.8 / 10 Binarium No 5 Average 7.5 / 10 Q8Trade Yes 250 N/A 6.2 / 10 CryptoBO No No limitations Medium 4.9 / 10 Finarix No 250 N/A 5.7 / 10 NSBroker Yes 250 Medium-High 8.8 / 10 Learn More Deriv Yes 10 High 9.2 / 10 Learn More OptioNante No N/A 75-90% 1 / 10 IQCent No 10 Average 7.8 / 10 PrimeFin Yes 250 Medium-High 8.9 / 10 InvestMarkets Yes 250 N/A 1 / 10 OBRinvest Yes 250 N/A 1 / 10 LiquidityX Yes 250 N/A 1 / 10 ABInvesting Yes 250 Medium-High 8.9 / 10 LexaTrade No 250 Medium-High 8.3 / 10 T1Markets Yes 250 High 8.9 / 10.

Stan Lutz might be behind other binary options scams but I only know of these two because I’m sick and fed up of seeing these offers. The reason I’m even reviewing this one is because people email me asking questions like "what is the best binary options software available?"

Often, binary options firms will lure traders in with promises of very high returns in very short durations of time. This is completely true, but investors must know — and this is where financial regulators are starting to listen — that with high rewards come insanely high risks. If the best traders Easy earnings on The Internet wall street could make 85% returns with a single 30 second trade, wouldn’t they? Of course they would. Why should you as a single investor think you can beat the ups and downs of the market consistently? Please note, this is not to say don’t trade binary, but do so very carefully, and as a small part of your overall investment strategy.

I hope you enjoy the content on your country’s binary options regulation and legality. If you have any questions, please leave a comment on the relevant article and we’ll try and write back soon.

The SEC alleges that the defendants developed nearly all of the products and services necessary to offer and sell binary options through the internet, including a proprietary trading platform, and that they licensed these products and services to entities they called "white label partners," who directly marketed the binary options. According to the complaint, Spot Option instructed its white label partners to aggressively market the binary options as a highly profitable investments for retail investors. As alleged, investors were not told that the defendants' white label partners were the counter-parties on all investor trades, and thus profited when the investors lost money. To ensure sufficient investor losses and make the scheme profitable, Spot Option allegedly, among other tactics, instructed its partners to permit investors to withdraw only a portion of the monies the investors deposited, devised a manipulative payout structure for binary options trades, and designed its trading platform to increase the probability that investors' trades would expire worthless. According to the complaint, the defendants' deceptive business practices caused U.S. and foreign investors to lose a substantial portion of the money they deposited to their trading accounts. The defendants allegedly made millions of dollars as a result.