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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 Af Soomaali . Why binary options turn out to be a scam?

What is the minimum deposit for Pocket Option? To start Real trading you have to make an investment in your account (Minimum investment amount is $5). Please first top up the balance to start Real Trading. Your document was uploaded. Please allow some time for our specialists to review it.

Is Pocket Option better than forex Pocket Option Auto Copy Trading ? Is Pocket Option or World Forex better ? Overall we have rated Pocket Option (84%) higher than World Forex (80%), but there are additional factors to take into consideration.

Do people really make money on IQ Option? You cannot profit from the trades you make on a practice account. On a practice account, you receive virtual funds and make virtual trades. It is designed for training purposes only. To trade with real money, you need to deposit funds into a real account.

Is the PocketApp legit Pocket Option Affiliate Commission ? PocketApp is powered by Abeg Technologies Ltd which is licensed by the CBN as a Mobile Money Operator and funds insured by the NDIC . PocketApp is powered by Abeg Technologies Ltd which is licensed by the CBN as a Mobile Money Operator and funds insured by the NDIC.

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 Big Win . 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