Binary Options is a highly controversial investment product. It’s so controversial in fact that many countries classified this product as gambling, not investing. In the last couple of years, most countries have moved to deregulate and outlawing Binary Option trading completely.
Binary Options operators are able to control whether you win or lose. Their preference is for you to lose so they can not only take your money but encourage you to try again and again.
You may make a deposit to a Binary Options Broker and possibly they let you win some rounds to gain your confidence. When you decide to withdraw your modest gains you find that’s not actually possible.
After making your deposit you may find that your sales representative becomes unreachable. That’s because this con artist hasn’t even bothered to indulged you with a rigged platform to lose your money on.
Operating, a Binary Options Scams is incredibly easy for perpetrators. The fraudsters are able to entice investors with an easy to use investment product where you can simply guess if the market will go up or down in a given lifetime. While it feels like you are trading global markets the truth is what you’re doing closer to a slot machine.