Let's start by explaining what binary options are (those who already know what they are can skip this part) and then what is a scam and why binary options and scam have ended up being two frequently associated terms. We will name the major scams that unscrupulous brokers (fortunately less frequent), as well as a list of honest and regulated brokers that guarantee that their traders do not have any bad surprises.
Binary Options and Scams: Easy Money Bait
Binary options are a simple and accessible financial instrument that allow you to lose or win very quickly. The idea of making money fast on the Internet attracts many netizens, and therefore also malicious brokers ... Let's define these terms to see it more clearly.
What is a binary option?
Options are types of financial contracts. Investors, or "traders" who practice them, call it "trading options." The number and complexity of the options available in the market is very important and varies completely from one contract to another. Think of the options called "binary", which for some years have been accessible to any particular on the Internet: we speak of " binary online option ".
Binary options are probably the simplest and most accessible form of investment for Internet users. As the name implies, it is a "binary" option, that is, it can have two possible outcomes at the end of the contract. It automatically closes when the expiration time is reached: it is then spoken of expired contract. At this time, either the contract objective is reached and the bearer takes a profit whose amount has been predefined at the time of opening (it is also spoken of rate of return), or the target is not reached and the owner of the option suffers a loss of which a percentage of the amount of the initial investment is returned (it is then spoken of loss ratio).
The web pages that propose online binary option trading are often called "brokers" or "brokers". These binary option brokers are numerous and offer offers, promotions, financial instrument panel, quality of execution and quality of customer service that may differ greatly from one broker to another. Some brokers, when the binary option came out to the general public a few years ago, were even accused of "fraud", "scam" or "scam".
What is a binary option scam?
A scam is a hoax, a scam that leads the investor to error with the aid of fraudulent means. It results from an organized and surely deliberate will to deceive.
As you have easily realized, the Internet is literally THE rotary platform of the scam: a place conducive to the development of scams and all kinds of frauds (traps, spam, deceptive methods of easy money, moneylending ...).
The scam takes place particularly in the finance sector, where the majority are looking for "great opportunity". The greedy objectives of perfect investment (guaranteed profit, simple investment, reliable and secure ...) are very numerous: we are all part of them.
In our case in particular, in the matter of binary options, the scam is generally to deceive you as to the profitability of the investment, to promise guaranteed profits or to ensure the professionalism of the financial advisers and brokers.
In fact, and as we have seen previously, to invest in the market of binary options is necessary to go through the brokerage brokerage.
We then wondered whether this speculative product was created for the sole purpose of deceiving the investor or whether it had simply been the prey of unscrupulous brokers.
Is the binary option a real scam?
You have been able to read in the forums or in numerous articles that some even question the reliability of the binary option product.
The binary option is a product speculative par excellence, and the term "option" does not hide that the results can be random. Anyone wishing to invest in financial markets should be aware that it is possible to make significant profits but that loss is also possible. And here is where the scam came: make believe in a guaranteed profit, a very attractive and habitual profit, such as "how to earn 7000 euros per day with our infallible method to win on the stock market."
Numerous brokers got involved in this matter, which presented the novelty of this product recently opened to individuals. But we did not want to stay here, since the attractiveness of binary options is much more important. Let's dig deeper than these unscrupulous brokers and find out how to make money without risk with binary options .
Our best method to make money easily: the binary option, no scam
Binary options are financial investments like so many others and do not present more or less risks than other products of the markets. In fact, the markets are based on speculation and this is how thanks to this risk they report so much.
To say that this investment is a scam would be to conclude quickly that the financial markets are themselves a great scam. Although some still think it, these markets report money and we have decided to take advantage of it.
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