Binary options if it scam or real, need help reviews and complaints

[Mick_]

Hey guys, it would be interesting to hear your opinion regarding binary option brokers.
I’ve heard that it is a good opportunity to raise some cash while staying at home. While surfing through internet I’ve managed to find some, but I’m confused and don’t know which of them is worthy of attention. Some were reported to be yet another scam. I’m looking forward to hearing your opinion and recommendations.

[Enivid]

It's more an opportunity to lose some cash while staying at home. It's very risky and binary option trading involves crazy win/loss spread, so your chances to come out with profit are quite slim.

[Jorhe]

I also took interest in binary options as it is simple and easy-to-understand form of trade. After hesitating for a while I decided to abandon this idea as it is prone to the same risks commonly associated with other trading instruments. You can lose all your money at once and it doesn’t involve purchasing any liable contract. On the other hand, winning chances are great as binary trading involves only two possible outcomes.

[Mick_]

Thank you for the answers!
The simplicity of binary options is exactly what I like. Considering that markets are responsive to fundamental events form world economies price movements of Gold or Oil, for example, can be easily predicted.
Now I’m checking some brokers but it would be greatly appreciated if you could share your experience.

[Dominator4fx]

Originally Posted by Mick_

Thank you for the answers!
The simplicity of binary options is exactly what I like. Considering that markets are responsive to fundamental events form world economies price movements of Gold or Oil, for example, can be easily predicted.
Now I’m checking some brokers but it would be greatly appreciated if you could share your experience.

Yes this is true. Binary Options are both simple as well as risky at the same time. If you are able to understand the risks and manage them well then you will be able to gain good profits easily.

[Fxpipper]

Quite risky and if you are new to it, would not really advise the same unless you know how to go about it - which is kind of a paradox but then again..

[Dominator4fx]

Originally Posted by Fxpipper

Quite risky and if you are new to it, would not really advise the same unless you know how to go about it - which is kind of a paradox but then again..

Binary Options are risky for those traders who do not have any information on how to use them successfully. While other traders are able to get good profits using them.

[UWC Neeraj]

Originally Posted by Jorhe

I also took interest in binary options as it is simple and easy-to-understand form of trade. After hesitating for a while I decided to abandon this idea as it is prone to the same risks commonly associated with other trading instruments. You can lose all your money at once and it doesn’t involve purchasing any liable contract. On the other hand, winning chances are great as binary trading involves only two possible outcomes.

The returns with the Binary Options will be limited to the amount of the risk that is being put into that Option. Where as in the Forex the returns will depend on the Entry and the Exit levels as well as the trading volumes.

[Andrefx]

Binary option brokers are not necessary scams but what you have to realize about this field is that binary option trading is literally casino- nothing more, nothing less. Don't expect to get rich from that and oin't look for "strategies" for binary option trading- it will be a complete waste of time and money.

[Dominator4fx]

Originally Posted by Andrefx

Binary option brokers are not necessary scams but what you have to realize about this field is that binary option trading is literally casino- nothing more, nothing less. Don't expect to get rich from that and oin't look for "strategies" for binary option trading- it will be a complete waste of time and money.

Trading in the Binary Options is a good way of making money provided that you are having the knowledge on how to do it.

It is really not easy to trade the Binary Options.