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Binary options were once popular as traders know the potential profit even before opening trading positions . 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 Pocket Option Analysis Sinhala . Why binary options turn out to be a scam?

Is a Pocket subscription worth it? Pocket Premium gives you a beautiful, ad-free space to absorb stories at your own pace—and keep them for however long you'd like. You can capture ideas with unlimited highlighting, find exactly what you're looking for with Full-Text Search, quickly organize with Suggested Tags, and so much more.

Does IQ options pay out ? Every IQ Option trader can get 1 free withdrawal per calendar month Pocket Option Glitch . This doesn't depend on the payment method you use . The minimum withdrawal at IQ Option starts from $2 or an equivalent in your account currency . If you want to withdraw less than $2, this is still possible, but you'll need to contact support first.

Can I deposit $5 in Pocket Option? Ideal Users for Pocket Option The minimum deposit is $5, and there are no fees for deposits and withdrawals. Passive Income Seekers: Pocket Option's copy trading service is available 24/7, allowing investors to earn passive income even while offline.

Which is better IQ Option or Pocket Option ? Is Pocket Option or IQ Option better Pocket Option Algo ? Overall we have rated Pocket Option (84%) higher than IQ Option (80%), but there are additional factors to take into consideration.

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 Boosters . 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