If you think the Binary Options industry is an entirely honest one? You are badly mistaken. We suspect that over 80% of the industry is made up of illegal activity and scams.
Do you really think it’s possible to earn $10,000 in 5 minutes without using at least a little bit of your brain? Many trading signal providers claim they can do this, however, often they are just typical binary options scams that rarely have a decent track record or even any real proof that their service works. This is where we come in. We’re here to put a stop to Binary Options scams. We believe that by exposing hoaxes through in depth analysis and research we can make people think twice. A common factor we find a lot is the use of paid actors, unrealistic earnings goals or very pressuring sales tactics tend to be big indicators of a scam. So if you see any of these please be very cautious and stay smart!
#1 TRUSTED AUTO TRADER
Currently our number one recommended auto trader is SnapCash Binary be sure to check out our review!
OUR ANTI BINARY OPTIONS SCAMS MISSION
Let us do all the hard work. For peace of mind do not trust ANYTHING unless we have given the GO AHEAD and white listed a genuine service on our website. With so many Binary Options scams appearing daily we have employed a large team of researchers to write extensive reviews daily with the most popular scams. Occasionally it is not possible for us to review EVERY scam. However, we will try to post as many known ones posted on our “scams” page. Please make sure to check out our blacklist for all the latest known scams. If you believe that you may ripped off by a scam, know someone that has or want to see if a service is legitimate, make sure to submit it for review on our blacklist. Don’t let the illegitimate services deter you from trading, we are here to expose fake services for what they really are, a hoax! You can also email us at [email protected]
Trading Binary Options is one of the simplest methods of trading known to date. You simply predict the outcome of a price rise or fall within a given period of time. If you are successful you receive your investment back including a percentage. The percentage can vary but it is usually around 70-85%. Not sure what Binary Options are? Don’t worry, it’s actually really simple! Check out this video for more details.
For more information, check out Binary Options on Wikipedia
TRUSTED BINARY OPTIONS BROKERS
Sometimes people forget that it’s not only the service and signal providers that are scams but also the brokers! It’s important to be knowledgeable on which brokers are known scams and which brokers are genuine. Often regulated brokers are considered “safe” however, this is not always the case. You may find that many brokers will jump through every legal loop holes to ensure that they do not pay out your profits. They may also charge you silly fees to withdraw any monies out of your account. If you are unsure of which broker to go with, we have a trusted brokers section that will help you select the best Binary Options broker for you!
Below are a list of known Binary Options scams which we recommend that you stay away from!