Pocket Option Auto Signal
Binary options are an online wager disguised as an investment . It’s an all-or-nothing “bet” as to whether an asset’s value will increase or decrease over a short, fixed period of time — similar to online gambling Pocket Option App Download . In reality, most of these websites are fraudulent . In gambling terms, “the house always wins” and, more importantly, you lose . Not only are binary options a bad idea, offering or selling binary options to an individual is banned in Canada.
Can you make $200 a day day trading? A common approach for new day traders is to start with a goal of $200 per day and work up to $800-$1000 over time. Small winners are better than home runs because it forces you to stay on your plan and use discipline. Sure, you'll hit a big winner every now and then, but consistency is the real key to day trading.
Is Pocket Option better than forex? 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.
Introduction Pocket Option Auto Signal
![Pocket Option Auto Signal 1](/img/photo_3313@25-07-2024_04-57-55.jpg)
Whether you’re approached online or by someone you know, if it sounds too good to be true, it probably is.
Online
![Pocket Option Auto Signal 2](/img/photo_3212@15-07-2024_11-30-02.jpg)
Someone you know
![Pocket Option Auto Signal 3](/img/photo_3189@12-07-2024_03-53-55.jpg)
A friend or an acquaintance may tell you that binary options trading is on easy way to make money. No matter how much you trust that person, it’s important to remember to take the time to do independent research before you invest.
Cold calls
![Pocket Option Auto Signal 4](/img/photo_3125@04-07-2024_11-47-44_thumb.jpg)
You receive a call from a stranger about an amazing investment opportunity involving binary options. This caller may be calling from a makeshift office (boiler room), where they “cold call” investors about an investment opportunity that sounds probable. These cold callers may falsify information, try to pressure you to invest or attempt to defraud you.
Remember
![Pocket Option Auto Signal 5](/img/photo_3284@22-07-2024_06-25-33.jpg)
When you first start trading binary options, it may look like your trading account has hit the jackpot. However, these funds won’t be transferred to your bank account and when you try to withdraw the funds, the company may say you have had a bad day and lost your money or will not return your calls.
Online advertisements promoting binary options platforms may be similar to one of the ads below.
Remember, if it sounds too good to be true, it is.
A video overview
![Pocket Option Auto Signal 6](/img/photo_3190@12-07-2024_03-54-29.jpg)
While binary options may seem like a simple way to make money, the only simple thing is this advice: stay far, far away. Hit play and watch our video overview for more information about the dangers of binary options.
Binary options red flags
![Pocket Option Auto Signal 7](/img/photo_3268@19-07-2024_03-25-16.jpg)
Think a website is selling binary options? Even though the site may look very professional and legitimate, it may be a scam. Pay close attention and be on the lookout for these red flags:
- The company/person is not registered with the ASC or another Canadian regulator. You can check if they are registered on our Check Registration page.
- The company description is vague with no information about the management team.
- Besides its website, there is no searchable information on the company.
- There are grammar and spelling mistakes.
- The contact information is not accurate. For example, the company may list offices in New York, but when you do a search or try to call, the company is not found.
- The company is located overseas.
Do not become a statistic. Simply put, don’t invest in binary options trading.
Watch out for recovery room scams
![Pocket Option Auto Signal 8](/img/photo_3279@22-07-2024_05-30-57_thumb.jpg)
Con artists prey on desperation and anxiety.
If you become a victim of a binary options scam, you may be contacted by another scam artist who says they can recover the money you lost. They will tell you that you lust have to pay taxes or a fee to recover your money. This recovery room scheme is another scam (also known as a boiler room scheme) and, once again, you will have lost your money. Scam artists sell the personal information of victims so they can be targeted again by a new fraudster.
Take action
- Contact the ASC – we’re here to help: [email protected] or 1-877-355-4488.
- Tell a close friend, family member, or someone you trust – this should not be kept a secret.
- Cancel your credit cards and close related financial accounts that may be at risk.
- If you provided the company with your passport information, contact the Canadian government.
Think you've been scammed?
Blog | Romance Scams: Protect yourself from online investment fraud
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