How Do Scam Brokers Operate and How to Identify Them

Binary Options Analyst »

Tag Archives: optimarkets

How Do Scam Brokers Operate and How to Identify Them

Posted on by John Thiel

The binary options industry is changing rapidly and becoming more regulated and professional. However, there are still some brokers who manage to slip through the cracks and operate a scam business designed to be short-term profit maker based on defrauding traders and stealing their money. How To Identify These Brokers: Seek Regulated Brokers: An officially accredited broker would risk losing their license. An official CySec license for example costs around 200,000 Euros, and also includes various ongoing fees. Too many complaints will get the broker sanctioned, and ultimately they will have their license revoked without the ability to get their …

Posted in Scam Brokers | Tagged , , , , , , , , , |

A Comprehensive Review and Investigation of Scam Binary Options Brokers Accepting Paypal Deposits and Withdrawals 2014

Posted on by John Thiel

Paypal is by far the most recognized E-wallet in the world and probably the most popular form of payment among binary options traders wanting to deposit money and fund their trading account. So it comes as no surprise that many scam brokers like Empire Options claim they offer this funding methods to attract traders, however in reality they offer the standard credit card solution such as Visa, Amex, and Mastercard. Why is Paypal Not Being Offered By Most Brokers? Primarily it has to do with regulation and legal interpretations which create technical constraints. Paypal is a stickler when it comes …

Posted in Deposit and Withdrawal Methods, Trading Guide | Tagged , , , , , , , , |

Signal VS Social Trading – A Strategic Analysis for Forex Binary Options

Posted on by John Thiel

Woke up the other day at Monday morning at 5 AM to get a feel for the markets and try to identify a few potential entry signals on the EUR/USD. I decided to give Optimarkets a try since they were the only ones kind enough to answer my continuously badgering questions without slamming the phone in my face. The coffee was fresh and so were the formations on the candlesticks on my MT4 account, so here we go.  Chart A represents a Bear Trap formation on today’s EUR/USD signals, or is it the beginning of a cup & handle pattern? …

Posted in Forex, Strategy | Tagged , , , , , , , , , , , , , , , , , , |

Optimarkets Now Accepting Paypal Deposits

Posted on by John Thiel

Optimarkets, a new and successful broker is accepting Paypal deposits from traders wanting to invest in binary options. Spurred by market demand, this broker has actually listened to what traders are really looking for, and provided this solution to anyone wanting to purchase as well as withdraw money. Update: Goptions now accepting Paypal, Optimarkets no longer supports this payment method. Paypal is considered by many traders to be the ideal banking solution, primarily because most already have an account. There is no need to go through the hassle of opening and funding an E-wallet account like Moneybookers or Neteller. This time its easy sailing. If …

Posted in Deposit and Withdrawal Methods, Trading Guide | Tagged , , , , , , , , , |

Learn How to Make Money Trading Binary Options

Posted on by John Thiel

An Introduction to Binary Options Basics: Real Money-Making Trading Strategies This blog is packed with free instructional material and articles outlining the fundamentals of binary options trading. Truthfully, everyone wants to make gains and profit, but only the best succeed in a way that allows them to do it in a full-time capacity without having to work for someone else. No matter how you look at it, at the end of the day it always comes down to the same thing, willingness to take risks and understand how to manage them, coupled with an ability to analyze and identify the correct …

Posted in Make Money, Strategy | Tagged , , , , , , , , , , , , , , , , , |