Is binary options auto trading for me
This software are also known as robots or auto traders and they can lessen all the problems that you could face when you trade manually. 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. Check the picture below. As we know that the scams will never end, so that is why it is important to stay alerted from this bogus systems whenever you would come across. Here are some of the Binary Options Scam brokers Lists that one must avoid. So these are some of the details that you can notice to identify a scam software.
Be very careful while noticing these details as some of these are not easily noticeable. Try to avoid any kind of suspicious system if you have a little bit of doubt.
The best thing is to check up reviews about these suspicious systems and investigate the matter so as to save yourself from scammers and to avoid any kind of online theft.
Hi, I'm new on here and would really like some advice!! I'm interested in getting into trading, iv been using the demo on IQ option and I have had some good results thinking about opening a real account soon. But I also came across option robot? It looks really good for making a bit of extra money and some good brokers listed on it, heard stockpair were good??
Any advice would be much appreciated Thanks Kate x. Wed Apr 4 Tokyo: October in Beginners Questions. Auto-traders are all scams. In my opinion Banc De Binary is the worst broker in the industry.. Stay away from them!! October edited October Yeah, and their commercials usually are very funny. Like "your broker set a name is a total scam" with a terrible review, where you are almost starting to cry and in the end something like "try our robot and stop being scammed".
Maybe they are all high then they actually decide to publish this crap, cause only a fool will buy it. December edited December Is this scammer someone from this forum who spamming to death?
I saw many spam entries these days here.. These guys are all Nigerians and have attacked forums everywhere. The two mods here are too incompetent to deal with them like the old mod who stopped them at every turn from posting. If the new mods were half way intelligent which i doubt they would look to ban the same IPs from those locations in Nigeria that the old mod even took the time to show the IP ranges of!