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Binary options were once popular as traders know the potential profit even before opening trading positions Pocket Option Robot 2023 Arabic . 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?

What is the maximum trade amount in Pocket Option? Minimum trade Pocket Option is an easy-to-use and intuitive trading platform that makes it simple to place trades with a small amount of money. Pocket Option Maximum Trade Amount – it depends on your profile level and can reach $20000 (max level).

When can you trade on Pocket Option Pocket Option Gems ? Traditional options, such as stock options, are only available for trading during regular market hours, which are Monday through Friday, 9:30 am to 4:00 pm EST . But with the rise of online trading platforms, new forms of options have emerged, such as pocket options, that allow traders to trade on weekends as well.

Is IQ Option good for beginners? The world of online trading can seem daunting for newcomers, but it doesn't have to be. IQ Option, a popular trading platform, offers a user-friendly interface and a range of assets to trade, making it an attractive choice for beginners.

How much time does it take to withdraw money from IQ Option ? Withdrawal requests are processed within 3 business days . If you withdraw funds to a bank card, the payment system and your bank will require additional time to process this transaction Pocket Option Millionaire . Conditions may vary depending on your location . Please get in touch with Support for precise instruction.

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 Pocket Option Otc . When the binary option expires, the option holder receives either a pre-determined amount of cash or nothing at all . 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