List of all binary option brokers


Binary Options Brokers List !! How to Choose Right Broker.


The Binary Options scams are services that are intended to steal people’s money as they engage in Binary Option Trading. They make exaggerated promises to lure traders into signing up with them. Scam artists take advantage of people who are desperate to become rich. They come up with fake software’s and try to convince traders to sign up with them. They usually claim that their software’s can generate millions of dollars. Unfortunately, this never happens. Instead, customers end up losing their money. Some sites disappear after stealing enough money from newbie traders.


Binary Option scams also include fake brokers that hardly benefit traders. They make it hell to withdraw the money. Traders therefore lose their investment.


Binary Option scams use strategies that can easily make an individual trust them. Some of them claim that they are endorsed by reputable companies. If you carry out research, you will discover that they are not endorsed at all.


The Binary Option Scam Software’s : How to Find Scams !!


Scammers know the power of communication. They therefore look for people who are talented in presenting so that they can attract customers to register with their scam softwares. The hired persons end up saying so many lies and fake stories. You will hear them say how they used to work in the famous Wall Street before ‘developing’ the binary option softwares. They do this to make you believe that they have experience in binary option trading. Some of them will tell you about how they made millions of dollars using scam softwares. They even go to the extent of showing you inflated account balance figures which cannot be verified.


Binary option scams hire cheap actors to give fake testimonies. Such testimonies are only meant to endorse scam services. They don’t portray the reality. The actors are usually paid by scam artists so that they can say positive things about the software. That is why you will hear them say they had problems such as many depts, inability to pay mortgage, being overly broke and more. They will lie to you that their lives changed after using the software in question. That will blantantly speak lies and say that the product enabled them to make huge amount of money.


Scam services will show you videos of people driving porsche cars, owning magnificent houses, travelling via airplane to different destinations in the world and more. You should always be careful when you come across such.


There are so many scam brokers that have continued to take away people’s money. Most of them are not regulated. They offer huge bonuses to traders. Such bonuses never benefit traders. They act as a trap.


Once you deposit your money, the bonus will lock up your investment. The broker will not allow you to withdraw unless you reach attain a given trading volume. Such volumes are usually very high and almost unattainable. Infact, there is no way you will ever reach the required volume of trade when the broker is scam. Your money will be gone already. In other words, you may never be able to make withdrawal. This is what unsuspecting traders go through in the hands of scam brokers.


Why There Is So Much Scam In Binary Options Market.


There is so much scam in binary options market. This is because many traders have shifted from forex trading to binary option trading. Therefore there is good market for this kind of business. In addition, many people want to become rich. Binary option trading has shown to give traders high returns despite the high risks involved.


It is for this reasons that scam artists who are out to perpetuate fraud and steal people’s money have created products that enable them to achieve this. The products are the binary option scam softwares that we are talking about.


Scammers know very well that there are lots of inexperienced traders out there who want to make money. They promote their software’s or brokers on the internet with big promises so that site visitors can begin to trade using them. A person who doesn’t have knowledge about the existence of binary option scam might believe that he/she has gotten a life changing opportunity hence the need to maximise on it. They end up regretting when their investment disappears.


Scams have also increased because there are no laws or regulations which control information posted on the internet. People come up with scam softwares or brokers and post on the internet. When users stumble on them, some choose and begin to trade only to lose money in the end.


How to avoid Binary Options Scam?


Even though traders lose money to scam services, it is possible to avoid scam in binary. We are going to provide you with basic tips on how to avoid binary option scams so that you can choose and trade with confidence. You will not worry about losing your money.


US Binary Options Brokers.


The USA is the most important financial market in the world, with several investors following unique tactics to take advantage of the different investment opportunities offered by the US Capital Market. However, the binary options industry is still a highly regulated activity in the country, which faces several regulatory restrictions. The US is perhaps the only country in the world that imposes the most extensive guidelines that govern the legality of binary options trading. Regardless, traders from the US have several opportunities to invest in the markets with binary options brokers, and we give you a comprehensive insight into what you should expect from binary options brokers in the US.


List Of Binary Brokers That Accept US Traders in 2017.


Binary Options Trading In The USA.


Modern traders may associate binary options trading with a high-risk investment opportunity, which has many characteristics and features that are similar to online gambling and sports betting. However, binary options trading is not a new concept, unlike the popular misconception, although the industry in its most modern version is developed as an entirely new product. In fact, the US capital markets have been using Binary Options trading in various forms throughout its history in the financial markets, and the country is certainly open to the idea of betting on the price fluctuations of an underlying asset.


Binary trading in the US is inherently different from the services offered by brokers based out of other countries. Binary options contracts are essentially agreements between a broker and the trader to buy or sell an option at a predetermined price. However, this involves a massive amount of conflict of interest between the broker and the trader, which is illegal in the United States of America. Several forms of gambling and betting are also illegal in most parts of the US, which makes it ultimately illegal for traders to wager on the direction of the market.


Another important factor of binary trading with a USA binary options broker is that there may be commissions, fees, and other charges associated with trading. Such a fee is used to cover the cost of maintaining the brokerage, as the broker does not benefit from traders’ wins or losses. The commission of trading is determined according to the underlying asset, the contract specifications, and the market liquidity.


Binary Trading Assets With US Binary Options Brokers.


US binary trading brokers are no different from the mainstream companies regarding the choice of financial assets. US brokers offer a wide choice of instruments that cover several financial markets such as Forex, commodities, stocks, indices, and cryptocurrencies. Although the US brokers are keen on providing a comprehensive choice of assets, these companies must ensure that they adhere to all regulatory restrictions by avoiding any high-risk contracts that may induce significant risk to US traders’ investments. Nevertheless, US binary brokers can offer anywhere from 50 instruments to up to 5000 contracts, depending on the company and the underlying market.


Binary Options Trading Platforms In The US.


Top US Binary Options brokers normally develop their proprietary trading platform, mainly to ensure that they satisfy the existing laws and regulations governing binary options trading. Designing a proprietary trading platform does involve spending a considerable amount of money and resources, but such a platform can be custom-tailored to a broker’s specific brokerage account. Therefore, it is not unusual for traders to find completely innovative and different platforms offered by binary companies operating in the US.


Before choosing a platform, traders should trade on a demo account before moving to a live trading account. A majority of binary options brokers in the US provide access to a free demo account with a virtual trade balance, which is a good opportunity for analysing the trading platform before investing real money. The availability of a demo trading account is one of the many benefits enjoyed by US traders, particularly when we consider the non-availability of demo accounts at other international binary options brokers.


Binary Trading Bonus With US Brokers.


Regulated brokers don’t offer any bonus for its traders, and brokers based out of the US also avoid offering any free money to traders. Numerous regulators have begun to understand the issues and conflicts that may arise between brokers and their clients due to the bonus terms and conditions, which can put a severe restriction on how a trader can use his/her trading capital. US regulators are particularly against the concept of bonuses, but US brokers do provide various promotions, marketing offers, trading rebates, and other programs for its traders that are in line with the regulatory framework of the US authorities.


Deposit & Withdrawal Options.


USA Binary Options brokers have a tough time of complying with US regulations, which increases the cost of operations. An increased cash outflow can result in lower revenues, which is why a large number of binary options brokers specify high minimum deposit requirements and minimum trading volume limits. It is not uncommon for binary trading companies based in the US to specify a minimum of $5000 as the initial deposit for an account, but there are a few companies that offer an account for as low as $100.


All financial companies operating in the US and even other parts of the world are expected to follow international Anti-Money Laundering laws. Hence, binary options trading companies must use the tried and tested payment options, regardless of the deposit amount or the stature of the client. All US brokers only accept USD as the base account currency, as it is currently illegal to move funds to an offshore account without the consent of the US authorities. There are strict rules governing the movement of money out of the US, and it is especially risky for traders to trade with overseas brokers due to the regulatory requirements.


US Binary Options Regulation & Licensing – Safety Of Funds.


The US is known to have several regulatory agencies and independent authorities for promoting a safe and secure financial market. Companies that deal in high-risk instruments such as Forex, CFD, and binary options trading must be regulated by the Commodities and Futures Trading Commission (CFTC) and the National Futures Association (NFA). These organisations have a transparent and extensive framework that require companies to secure clients’ investments against financial malpractices, including scams. All investments from traders in the form of account deposits are held in segregated accounts at top tier banks in the nation. The US authorities also maintain strict auditing standards by subjecting companies to detailed financial analysis, which assures of greater financial transparency.


The CFTC and the NFA release new laws on a periodic basis and is seen to raise the minimum capital requirements for regulated companies constantly. These organisations also introduce new laws concerning binary options trading activities, which can have a positive effect on the security aspect of trading. However, some traders may feel that these US regulations to be highly contradictory to the overall freedom of binary options trading, which can also hinder a good trading experience.


Benefits Of Choosing A US Binary Broker.


US traders are bound by several laws of the country that prevent them from investing in any binary options broker that is not regulated by the CFTC and the NFA. If you reside in the US, or even if you are a US citizen residing elsewhere in the world, you should always choose a US-based binary options broker for your trading needs. Of course, there are numerous benefits of trading with a binary options broker from the USA, such as the regulatory protection, the lower conflict of interest, and the security of trading. Even international traders may find it beneficial to invest in a US company, but they may not receive the same protection as enjoyed by traders from the US.


How To Avoid Scams.


Verify the regulatory license: Binary options brokers located in the US should be regulated by the CFTC and the NFA. Verify the license number through the official website of these agencies, as it can help stay protected from fraudulent claims. Reputation: US brokers have a largely positive reputation in the market, but new brokers may not have the experience as its more accomplished competitors. Nevertheless, if you are planning on making a large investment, choose one of our recommended top US binary options brokers for a safe and secure trading environment. Securing Payments: Always make payment through secure payment gateways. Never send payments or wire money to third-party companies, even if they claim to be official representatives or affiliates of a broker. Customer Service: A good US binary options company will have an excellent customer support team for client interaction. If you are not pleased with the overall customer support experience, it is time to move to a better broker.


Can US Traders Invest In International Binary Options Brokers?


No, it is illegal for any traders from the US to deposit money into an international binary options broker, even if they are located in the EU or other jurisdictions.


Yes, trading with a US binary options broker does guarantee a secure environment for your investments.


It is almost impossible for US regulated binary options brokers to indulge in scams, but if they do indulge in any malpractices, the US authorities will penalise them heavily, suspend their licenses, and ask such companies to compensate its clients in a fair manner.


Latest Trader Comments, Questions, Ratings and Complaints For USA Binary Brokers.


Leave your comments about these brokers. Please note that the USA market is constantly in flux so some brokers mentioned above may no longer accept US traders and vice versa.


Binary Options Scams List - See Which Brokers are Scams.


October Special Offer: Get started with only €50 at HighLow #1 Ranked regulated broker: Get Started Here!


The harsh reality is that there are multiple binary options brokers that are running a scam. There are various ways in which a binary options broker could be doing this, including non-payment of legitimately earned money, fraudulently awarded bonuses and claims made by the broker that are simply not true.


Below you’ll find a list of binary options scams that you should 100% avoid when you come across them:


Update: Currently the most trusted broker in the business is IQ Option. It's in the business for several years now and has multiple licenses in various reputable jurisdictions. So, if you want to go safe, then go IQ Option.


However, since IQ Option does not accept US traders, US traders can check out BinaryMate instead, which is an equally reputable broker with great services and fast withdrawals.


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No broker is perfect – NADEX complaints.


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Trade for Free with Demo Accounts.


SCAM BINARY OPTIONS BROKERS LIST.


GlobalTrader365 Safe24Options Sycamore Options Binary International Cedar Finance VIPBinary EZ Binary.


NOT RECOMMENDED BINARY OPTIONS SIGNALS LIST.


650System Action Binary ATARAXIA 7 Auto Binary Bot Scam AutoBinarySignals Binaryoptions-live-signals BinaryOptionBot 2.0 Binaryoptionbox Binary-Options-Robot Blackrockbotr Brokersignals Faunus Analytics FB Wealth Group iFollow Signals Legal Insider Bot Lone Wolf Signals Paul Applegarth’s Oneclick Autotrader Profit Binary Profit in 60 seconds Signal Index TheBinarySignals The Green Room The GCAD Indicator From ITM Financial Updownsignals ZuluTrade.


GlobalTrader365 – You can usually know if a broker is suspicious just by their unprofessional name. GlobalTrader365 is a name one would choose randomly and quickly when creating a new get-rich-quick scheme and scam.


Based on several real trader reviews on multiple forums the modus operandi of this broker is to manipulate people into depositing very large sums of money above $5,000+ claiming that they will then reveal some magic winning secrets. Once the money is deposited, no one will reply to your s anymore or answer your phone calls. Your money will be gone.


GlobalTrader365 is a SCAM.


Safe24Options – This broker appears to be ripping off the trust and name of the broker 24Option, which is a legitimate broker licensed in the European Union. Safe24Options and 24Option are NOT the same company.


The most common complaint about this broker is complete non-payment regardless of the amount. Usually once you register a customer service representative will approach you and make all kinds of wild claims and promises that if you deposit a very large amount he’ll show you an unknown winning secret. Once you deposit, you’ll never hear from him again.


Safe24Options is a SCAM.


Sycamore Options – There are rumors according to which Sycamore Options is being run by the same company as TraderXP, another binary options scam. It appears that after the large negative publicity, TraderXP simply decided to change its name and operate under a new scam.


Sycamore Options is in our opinion one of the worst binary options scams as there have been reports of the broker fraudulently charging people’s credit cards. One trader reported on a popular binary options forum that after a deposit of $200 the broker ninja-withdrew an additional $800 in 4 incremental payments without the trader’s permission. The trader was refused any compensation.


Do NOT register at Sycamore Options it’s a SCAM.


Binary International – There is not much information available about this binary options broker. This does not necessarily mean that this broker is a scam however the fact that it’s extremely hard to find any information about the company running this broker is suspicious.


The general rule of thumb when registering at binary options brokers is that you should avoid anything that appears suspicious. You should trust your gut feeling if something appears off. You might be wrong in certain cases but it’s not worth taking the risk of registering at a potential scam.


Binary International might not be a scam but it looks suspicious as it’s difficult to see what company runs this broker.


Cedar Finance – Cedar Finance might not necessarily be a scam however the way the company owners promoted this broker in the past resulted in them being blacklisted by multiple online trading websites and forums.


Cedar Finance is perhaps known as one of the largest spammers in the business. In the past, they were ranking for a huge number of “make money online” keywords in Google and promoted a massive number of fake video testimonials from supposed “clients”.


While they might not be scamming people directly (not paying out winnings etc.) they do seem to be very happy about misleading random people into believing that with binary options “you can turn $200 into $1,000 in 60 seconds”.


Due to their predatory nature and aggressive and dishonest marketing we do not recommend Cedar Finance as a suitable binary options broker even though they don’t seem to be a scam.


VIPBinary – VIP Binary is another broker that does not necessarily appear to be a scam but still managed to generate a lot of negative feedback from losing traders. While the broker might be legit, we believe you should not risk and register there considering that there are plenty of reliable alternatives out there.


VIPBinary also engages in dishonest and manipulative advertisement tactics promising traders massive winnings if they just deposit $1,000 more into their accounts. While traders doing this might appear to be dumb (I mean, why would you listen to a BROKER telling you to invest MORE money?) it’s sneaky and shady to manipulate these people into losing their money.


VIPBinary is a suspicious broker you should avoid.


EZ Binary – EZ Binary is a broker that appears to be piggybacking the brand and trademark of EZTrader. EZTrader is a legit and fully EU regulated binary options broker that should not be confused by EZ Binary. The two brokers are owned by two completely different companies not related to each other.


The fact that EZ Binary is stealing the brand value of another broker in order to fool people into believing that they are trading at a different broker means that EZ Binary is a scam.


EZ Binary is a SCAM.


How do we Decide if a Binary Options Broker is a Scam?


One of the best ways to decide if a binary options broker is a scam or not is to look out for real trader reviews at reputable Forex or binary options websites. One of the most important forums to look for such information is ForexPeaceArmy that regularly has real user feedback posted on brokers.


If a binary options broker gets too much negative feedback related to issues such as non-payment of withdrawals, fraudulent claims and aggressive marketing practices then the broker will automatically land on our scam list.


Something that we genuinely don’t like is brokers that outright manipulate and fool their clients into depositing massive amounts of money claiming that after they do so the broker will tell them some hidden secret about making money online.


Binary options is not magic and you cannot make money using binary options in just 60 seconds by making random trades. You can only make money in binary options if you put in a great deal of effort into research and execution.


Anyone, be it a broker or an informational website, who promises you “guaranteed wins in 60 seconds” is lying and profiting from you being stupid if you buy into it. So, any brokers that promise “massive wins without effort” will land in our scam list even though they aren’t necessarily doing anything flat out scammy.


We are also suspicious towards binary options brokers that are completely new and appear to be mysterious and obscure. If you see a broker and can’t verify the company behind it and genuinely have no clue who the people running it are then you better stay away.


Our binary options scams list is constantly growing based on the feedback and experiences we get. Check back later if you want to find out more information about scam binary options brokers.


If you want to trade at genuine brokers then check out our legit binary options brokers page. On that page we listed the broker we now for sure are legitimate and have no history of scamming their traders.


Right now the broker with the most licenses and the best reputation in the business is 24Option. Check out the linked review in order to find out exactly why this broker is legit.


Latest Binary Options Articles & Guides.


In this article I will talk about the binary options signal application OneTouch. Find out of this application is a scam or not.


In this article I will be talking about the binary options signal service provider called the High Frequency Trader. This service was launched on August 9 2016. Read this review to find out if this service is a scam or not.


Leave a Reply.


152 Comments on "Scam Binary Options Brokers"


I’ve never tried Inside Option so can’t speak whether it’s good or not. On the other hand, it’s not one of the larger and better known brokers pout there. Sure, Inside Option could be legit, I don’t know but with so many 100% legit brokers to choose from that also have a good reputation why risk registering at a smaller and unknown broker that may or may not turn out to be legit.


Judith Bonhomme: I have some money in Inside Option, and hope you are right in your statement that they are a legit and serious company. I went in with small money, see it rising steadily, but it is impossible to know if Inside Option is a scam or not before turnover is reached some day. Option trading seems to be stepping into the world of gambling, and of course then trouble is an option.


The owner got arrested he also owns safe option.


just wait until you try to get your money out. GO ON, PROVE ME WRONG. try pulling out $1000k.


The owner got arrested by the Israeli police.


Are you still happy with inside option or have you lost all your money? Did you know that the same person owns safe option as well and he finally got arrested by the Israeli police because it’s all a big scam.


I see that you have put Option Bot 2.0 on your not recommended list. May I ask why would you say so?


Hi. Because it has been proven time and time again that is simply does not work and you lose all the money you have deposited.


I don’t doubt your observations, but I would like to point out that you just replied to yourself while pretending to replying to a completely different person.


With this said, UK Options can still suck but it’s awkward to write comments on blogs pretending to be multiple people, while it’s the same person writing all comments. 😀


For your information, my contacts in the UK advised me that UK Options is not even regulated, though they claim that they are! I was told by my account manager John Burnet that they were definitely regulated, and that if they were not, “the police would be knocking on their doors!” Just shows you that cheating and lying are their stock of trade. If they keep this kind of fraudulent scam going a bit longer, the police will really be knocking on their doors.


UK Options is indeed an unregulated broker. There is really no reason to trade at an unregulated broker considering there are so many regulated brokers out there.


Have you heard about a fellow watchdog by the name of Michael Freeman? He actually goes out of his way to protect some known scams and actively promotes some of them. I think it is time someone set up a website to blacklist sham watchdogs to distinguish real watchdogs like yourself from fake watchdogs like Michael Freeman or scam lapdogs.


I know he pushes Option Bot 2 as a legit signal provider, while it’s know that Option Bot does not work as advertised. If I’m not mistaken there was also a scandal about his own signal that delivered bad results while it was advertised as a sure-win product.


Surprise, surprise, Michael Freeman is a scam signal provider himself. No wonder in his fake watchdog role, he suppressed his rivals and promote some scam brokers, hoping they would join hand with him to rip off their joint victims.


I think Michael Freeman and his ilk can be compared to a moral crusader, who runs brothels on the sly, or a self-proclaimed dog lover, who sells dog meat on the black market!


No matter what strategy you adopt, if you make a deposit with scam brokers like UK Options, a pack of THIEVES led by a shameless rogue and swindler, Sean Park, who will simply reset your password without your prior knowledge and consent, take out ALL your money and lose it on a single imaginary trade, without showing you any trading record, except an empty account!


Hi there. I have problem with inside option, Daniel Jackson. My account looks great from 30k starting capital to 160k. But now i cannot even withdraw a single cent. I have wrote to Daniel Jackson, the support help, msg the live chat, has been 2 months now and i still dont hear anything from them… can anyone help me how who and which legal department i can write to? Frastrating and feel cheated.


Hi Ayesha. Sorry to hear about your experience. As far as I know Inside Option is not regulated, and as such you can expect such things to happen. Like I say in my articles, make sure you choose a regulated binary broker before you register. This will always ensure that you won’t be scammed and that your withdrawals will always be processed without any issues.


yes. I like to know more pls Winifred.


Winifred please contact me I cannot get contact with David Petraeus easily without more information. To INSIDE OPTION I deposited 1500 Euro+1500 Euro bonus. They give all kind of issues unabling withdrawals, asking for more money to trade for me with. They don’t seem to be brokers to me, only scammers. The money is supposedly gone; looking at Ayesha Hong and others’ comments about this “broker” company. I will for sure have a rough time to get over this.


In the same boat my friend. In the same boat.


Winifred I don’t believe you much concerning this Petraeus man, because you never gave any contact point to him nor answer to Ayesha Hong or me.


I was advised to frame Inside option for card fraud through my bank. Fraud: “not to service or sell the product promised”. I claimed that seller did not inform me about bonus consequences. Inside Option wrote long bullshit letter ending that they would “show good will”and pay1000€ (75%). I accepted,&promptly got paid.


1. document all s in case,


2. write formally, short to Inside Option claiming my refund 1000 € (that I had been promised before in telephone conversation with Jane in account department), with short argument of why I requested a refund.


HAVE YOU TRIED WITHDRAWING YOUR MONEY YET. try doing that before you say all these nice things about him. YEP i got alot of money in my account too. CANT GET IT, AND THEY BLOCKED ME. i really hope your not about to be scammed sarah.


Thank you for that well, no brilliantly written piece about the scum bag Michael Freeman. Did he have a bit of an accent, like middle eastern/indian. I RECKON ITS THE SAME BLOKE who is doing alot of these false flag investment companies. MIne went by the name HUGE OPTIONS. I repeat HUGE OPTIONS. nOTHING BUT A HUGE RIP OFF. oH AND PRICKS NAME IS michael muller.


I recently traded with a binary options broker headquartered in Dublin, Ireland by the name of Glenridge Capital. After several winning trades I tried to test the verasity of the broker by making a withdrawal. Neither my Account Manager nor their Support department would communicate back to me so I requested via e-mail to close the account and return my funds. They are non-communicative and clearly a scam brokerage. Please advise your readers to avoid the broker at all cost. Their money will go in but never get returned.


sAME HAPPENED TO ME AT huge options (michael Mullar). its probaly the same bloke going under a different trading name. THEY Bastards arent they. IF YOU WANT TO EXCHANGE NOTES, MOST WILLING TO CHAT WITH YOU.


I have never heard of Glenridge Capital and I sincerely doubt it’s located in Ireland. It’s probably fake. It’s extremely important to make sure that you only register at known brokers that have valid licenses to avoid similar things happening.


Thanks for letting us know of this scam and I really hope you have not lost too much money. Unfortunately these scams sometimes manage to sell themselves as legit brokers while in reality they are fake.


There are many new trading signals providers appearing on the horizon, some good, some not so good and some downright scams, such as Mike’s Auto Trader, which despite it grossly exaggerated hypes has a miserable success rate of 30-50%, at which rate you’ll lose all the money in your trading account in no time, regardless of which broker you use. So keep a wide berth from this fake signals provider!


I have just signed up with EzTrader and am not if they are reputable or not. I put in 4 trades the first time and only 2 won, and I put in 4 the second time, and all of them lost. What makes matters worse is they are requesting that I send them a photostat copy of my credit card, which makes me smell a rat. I am writing to you asking for advise if it is a normal procedure with all binary option companies to request for such information.


Thanks and Regards.


Did you find out if EzTrader are reputable? I am in the same boat.


No, I haven’t found out yet. I have since left them, and registered with another broker.


Hope you have registered with a different regulated broker and not an unregulated broker. Keep in mind that all regulated and licensed brokers will require you to send the information that EZtrader was asking you. If the broker you have registered at did not ask this information there is a high chance the broker is not regulated and was only interested in you making a deposit (hence, not even verifying you).


All brokers require a copy of your credit card, usually with some numbers blanked out in order to verify your account.


EzTrader is a licensed and regulated broker. All licensed and regulated brokers will requite that kind of information in order to verify traders’ identity. It’s not because of the brokers but because this is required by the regulators as anti-money laundering measures.


It’s safe to send this data (obviously with some numbers blocked) to LICENSED BROKERS ONLY. Do not do this with some unknown and unregulated broker.


Traderskings ? Scam or not ? 71 Options same group Scam or not ? Spotless Scam or not ?


All smalltime and unknown brokers/services. I would definitely stay away.


Michael Freeman must be desperate and is forced to market trading software he once viciously attacked as scams, such as Gold Digger and Virtnest, now that he has realized that there aren’t many takers of his own fake signals, Mike’s Auto Trader.


Micheal Freeman is the man who does all the scam work he act innocent never trust this guy he is the one who promoted the NEO 2 software After trusting him my account was zero Freeman must ban.


is the secret millionaire society and it’s 365 binary Option is scam ?


The secret millionaire society does indeed seem like a scam, yes. Not sure about 365binayoption. It’s an unknown and unregulated broker, so I would stay away.


Anyone has or had experience with Banc De Binary? i didn’t see any mention of that broker in this forum.


Banc de Binary is a licensed broker but it’s also the one that has the most complaints and warnings from traders. I personally would stay very far away from this broker. They are licensed but they are known for very questionable practices such as very aggressive marketing and convincing traders to make “recommended trades”, which obviously they will lose. This is also the reason I never included Banc de Binary into any of my toplists.


I also have bad experience with Banc de Binary. They manipulate the asset prices in a way that most trades loses.


I am a member of banc de binary and they wiped of mine £5000 in 2 days. I don’t know what to do .


Sounds like OPTION RALLY except they got about 100k. the case is still continuing.


it looks like this modus operandi is quite widespread!!


i posted that review here, i think you will find it quite interesting!!


Lol. Who even uses the name “David Petraeus” for such scams? – Talk about not even being creative. I’m going to keep that comment just because it’s funny.


This is all bullshit people. This guy himself scammed me $1700 for a so called account upgrade. Everyone stay away from his partner Tom li from tech toms company. All shit and coward thieves.


Finpari is the worst broker I have used. Every time before my position would expire if I was one pip away and when the clock hit zero and THEN it says validating after it has already hit zero the price would jump up and I would lose. This broker truly disgusts me.


How does one get OptionBit to pay out one’s winning or even communicate with one? They have disappeared from the “face'” of the earth and you are promoting for them. They do not pay out one’s winning. I have tried for a week to get my winnings of app $2500 out of the with no communication. Help what can one do cause they are not even registered.


Has anyone heard about Broker Official? I’m having some issues to withdraw my money and suspecting is a scam…does anyone have a suggestion in what to do?


DONT ever entertain a company called EDGEDALE FINANCE. they are bad news. will take money and suddenly all is lost. the name oalso associated with it is GREYMOUNTAIN MANAGEMENT! the names of brokers [which I believe are fictitious] are ADAM KLEIN, RICHARD GREEN, SOFIA FOX, DR FRANZ GEORG STRAUSS.


Feel like all binary is scam. yes, dealing with edgedale now. Withdraws look impossible. chatted with exc broker to get license no. ” what good would that do you” was his reply. they gave book money to help make apple trade, now I have to cover book to get $. very shady. think my investment is lost. Thanks to brokers Tom , Adam & manager Alice. Beware. all companies under Gold Horizon , located in granadines. Check fine print.


Has anyone had any dealings with BuyerBank? I am dealing with them through a London UK office supposedly. thanks.


pls ppl should ignor these group of persons offering to help recover funds from their brokers, they are also scammers looking for ways to take advantage of ppls frustrations, be WARNED !


Hi everyone out there, my advise to those who havent made the mistake of trying to trade Binary options is that you should please keep your money for a good physical business, otherwise you are just about to throw your hard earned money away, for those of us who have tried it, it was a hard lesson to learn, thats the reason they go out of their way, do big adverts, and using all available medium to get at unsuspecting people, its a big mistake but the deed has been done so lets move on.


All. Go. Trade, with broker named MIKE NORRIS, is another irresponsible and snobbish broker. As he knew i wanted to withdraw some funds. He accessed to my account without my consent and open 1 position with all the funds i had. my account became null of insufficient fund. i have report this to Action Fraud Police, UK and i hope Financial Conduct Authority (FCA) and Financial Policy Committee (FPC) will take a necessary action to reduce such fraud activities by such con broker.


Hei people looks like we have scam protection service here. I mean we have service to take more money from trade victims pocket.


May be time to unite and do something against them. We should start real war on them. What crime brokers afraid? Thirst of all crime don’t like to see their name and companies deal with. Let start war on crime in FB and spread this INFO around the world. Connect to this all institutions who help to develop market crim and government department who protecting this system.


that is the weapon,, i support we have to from an organisation and ensure that all accounts manager are registered to this body so in sn open case we can hunt them down regulated bodies like lawyers bar consul so accounts manager.


database to track them and chargeback.


can i report binary 8 to the action fraud police.


Does scam in binary options are common practice and nobody care about it? Too many scam brokers not in the list and no victims who return their money. Looks like whole binary market huge fraud for ordinary people.


what about. expertoption have anyone here use. expert option before.


We have the Binary 8 Account Manager Prince Gonzales Martin Amberg and Miss Beth Miller of Binary8… Total scammers Lost my 1000 usd never be able to withdrawal my deposit But Beth Miller of Binary 8 is okay she was willing to do a barter trade with me.


She had sex conversation with me and show her naked body for the 1000 usd Guys check out Beth Miller from Binary 8.


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