BINARY OPTION SCAMS

In this article article I am showing how to know that the broker is a scammer. people are losing their hard earned cash to Binary Option scammers ,the main reason is that binary options can be more profitable as a trader gains knowledge and experience .Realizing this,many want to be binary option traders and many scammers also entered into the industry.It is painful to be scammed your hard earned cash when you are trying to make your money profitable in trading .I am giving some of the things which you can look at before being scammed by some scam brokers.

How to know whether the broker is a scammer or not

1)Look at the terms the broker especially withdrawal terms -many people only realize that they have been scammed when they want to withdraw -they may be trading well but the problem comes when they want to withdraw their profits-some binary option ignore traders' emails and some give more excuses until it is evident that a trader is scammed which is painful ,lose of money and time.Withdrawal terms should not be complicated and should be secured enough.

2)Research on whether the broker is registered or not in the country in which the company operates in.If it is not registered then it is just a scammer - there are no two ways about it .Consider this -What guarantee will you have that you will receive your money when you want to withdraw if the broker is not registered? If the broker is not registered avoid it -period.Unregistered brokers may close any time

3)Look at the asset base -A broker with high asset base is a good broker to trade with

4)Look at reputation -research on the reputation of the broker compared to other brokers -but remember to research on the site of an individual or an organisation that is not affiliated with that broker.

AVOID BEING SCAMMED -HAPPY TRADING