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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 Pocket Option Strategy Live . 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?

Does Pocket Option really pay? Pocket Option is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

Is pocket money real or fake ? The Pocket Money app is indeed real and not fake . It is a legitimate mobile application that helps users track their expenses , set budgets , and manage their finances Pocket Option Camila . The app has been featured in various reputable publications and has received positive reviews from users .

What is the commission on Pocket Option? Pocket Option is a zero commission broker founded by a group of IT and Fintech experts to prove that financial markets can be profitable without taking the fun out of the process.

Is Pocket Option app real or fake ? Pocket Option has a mixed reputation Pocket Option Bank Deposit . While it has a large user base and positive reviews from some traders, there have also been reports of withdrawal delays, account freezes, and issues with customer support . Some traders have also expressed concerns about the platform's legitimacy and potential scams.

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 Signal . 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