Binary Options Companies Scams
I write this to help people not to lose money, almost all Binary Options Companies if not all are Big Scam so, please Beware.
FBI Estimates That The Scammers Steal $10 Billion Annually Worldwide.
What Are Binary Options Companies?
Binary options based on a yes or no proposition – Will an underlying asset be above a specified price at a particular time?
Traders place wagers as to whether that will or will not happen. If a customer believes the amount of an underlying asset will be above a specified price at a set time, the trader buys the binary option, but if he or she believes it will be below that price, they sell the opportunity.
How is the Scam?
That start with a call and they want you to deposit $500 to allow them to show you what they could do for you, and you will get trade which will win and that will take your account up to $850
and then they will say to you at the next business will need a second deposit and that need to be $2,000 and you will win again so now you have $3700 after another successful deal.
So now you have $4550 in your account, and they will tell you-you can withdraw money any time, and it will be in your mind within 48 hours. (You will never get that money)
they will continue to tell you to boost your account, so now you need to deposit another $2,000 which once again traded successfully.
And then you will be asked to take one final step to reach Platinum status, which would earn you five trades per week as well as the trade which came along with the deposit.
And if you went along with it, permitted them to withdraw more money to continue to trade for you and you will win and win but in the end when you like to remove the money, they will keep to Cancelled your request, and you have lost your money.
What People Are Saying
Here is a comment from one victim
Is There Some Binary That Is Real?
It’s probably a binary that’s real, but I would never take that risk if you do not know them,
The best advice I can give you is to keep you as far away from this industry as possible and do not try to try this unless you know them well.
I remember lending myself to try it out I searched and searched online for some reliable to try this, and I found one finally, I made Account and only 10 sec after I had made the account then the phone call began.
They told me I would have to deposit $500 in to my account and It would be best as soon as possible because he had news, no one could get to know and then he starts to whispering it was happening all gorgeous changes in the market today and it would be regrettable if I miss this because I could become rich if I would be in this.
Then all warning signs started to ring with me, It was too good to be true and always for me if it’s too good to be true then it is not true.
I told him I was going to think the matter, and after that, the phone did not stop, I put the phone number on my blacklist but then they ring from another phone number, and after many days, they finally gave up.
My advice to you, Stay far away from this.
If you have any question then, please write it below and I will come back to you within 24 hours