Binary Options Brokers - Scams? What?
Yep, that's what we're saying. While most binary options brokers are legitimate businesses, because of the lenient regulation there are some companies who's behavior could be seen as downright fraudulent.
These companies will do everything to get you to deposit your money, and will make it really easy. However, should you decide to withdraw your money, you'll have to jump through hoops and complete a number of tasks which include performing additional trades which will most likely lose you money, and of course submit identification proofs that no one ever mentioned you will need to submit (and of course no one asked for before when they wanted you to deposit).
That is again why it is so important to choose the right binary options broker before you start trading.
These companies will do everything to get you to deposit your money, and will make it really easy. However, should you decide to withdraw your money, you'll have to jump through hoops and complete a number of tasks which include performing additional trades which will most likely lose you money, and of course submit identification proofs that no one ever mentioned you will need to submit (and of course no one asked for before when they wanted you to deposit).
That is again why it is so important to choose the right binary options broker before you start trading.