Posted on: October 18th, 2016 by John Thiel
The Gemini 2 trading software and robot recently launched by Brandon Lewis is a confirmed binary options financial scam designed with pure malice and the explicit intent of stealing your hard-earned money. We were recently contacted by a couple of day-traders wanting to invest online using this shady app, and they asked us to conduct a quick investigation and evaluate this auto-trader. It seems the amount of fraudulent software disguised as legitimate trading tools is growing exponentially (as well as the number of complaints) and Gemini 2 represents a text book case of investment fraud and the modus operandi of crafty …
Posted on: December 21st, 2015 by John Thiel
As the binary options industry becomes more hyped up and inflated with scams and false promises of wealth and riches, the level of complaints continues to grow. I have recently stumbled upon a really big scam called Insured Profits, and the people who are presenting the offer (more like doing the sales pitch) are paid actors that will sell you bottled air if the price is right. Moving along, its pretty plain to see that Insured Profits is harping on the concept of fast riches and instant wealth. These things don’t exist in reality and if you get suckered into …
Posted on: June 15th, 2014 by John Thiel
If you have recently received an email from someone claiming to offer you an easy way to make money through Amberoptions, you are about to be scammed by one of the slimiest binary options brokers. To get a better understanding of binary options scams and what to avoid before registering for any service, I recommend Binary Scam Alerts since these guys seem to master this subject. Amberoptions is also commonly referred to as a “deposit only” broker, and once you fund your account there is no way you will ever see your money back, even if you win fair and …
Posted on: April 24th, 2014 by John Thiel
If you recently received an email or message about the new German binary robot you needn’t be concerned. Recently a new campaign about this service was launched, and my colleagues decided to give it a try. The new software was presented to us as a completely automated trading tool that allows you to select your investment amounts and trade according to an algorithm. In the video an Ex Banker called Norbert explains how his Bollinger Band strategy operates and makes money for investors and traders. When we tried out the software we had to deposit a minimum sum of …
Posted on: March 18th, 2014 by John Thiel
Banc 54 is something of an unknown entity. I have talked to some of my colleagues who received a spam email from someone offering them a way to make money and then got a link leading them to this binary options broker. After making some initial investigations it has become apparent to me that these guys are about as dirty as you can get. The software is completely rogue with out any regulation, and they falsely represent themselves as a “boutique investment house”. In reality its most likely a bunch of guys operating out of some garage with a very …
Posted on: January 15th, 2014 by John Thiel
Brokerage Capital is one the newest Tradologic brokers brokers available online today for anyone interested in a fair an honest trading environment. Offering attractive bonuses of up to 100% as well as risk-free trades and 60 minute options (AKA Turbo trading), this broker has all the makings of a winner. Snapshot: Simple and easy to understand platform based on solid software with up to 81% payouts. Professional analysts and account managers assist you in formulating a trading strategy. Fast cash outs and diverse depositing methods such as Neteller. Accepts all US traders on all assets. 60 Seconds as well as …
Posted on: January 6th, 2014 by John Thiel
If you have researched the topic of binary options you should be aware of the fact that due to lack of regulation, there are many scam brokers out there that will be more than happy to take your money but will never let you withdraw your winnings even if you meet their terms and conditions. Here’s How to Avoid the Situation If you can, partner up with a regulated broker. These guys have invested a lot in a license and will not risk losing it due to customer complaints. For all intents and purposes CySec brokers are good enough, however …
Posted on: December 1st, 2013 by John Thiel
Banc De Binary is one of the pioneer brokers in the binary options industry. Leading the pack with a positive and professional attitude, this CySec-regulated broker makes you feel right at home from the second you register until you start executing your first trade. This also means that if you are from the USA you will have to opt for another broker like Redwood Options since they don’t accept US traders. Registration Signing up was a very simple process, and after I filled out my details I was referred directly to the cashier section of the software. Platform: BBinary is powered …
Posted on: November 21st, 2013 by John Thiel
Recently we have been witnessing a flood of new brokers entering the binary options scene. Some of which have even opted to select strange names for themselves like Bee Options or Planet Option, all of these are eventually destined to become regulated or extinct. The reasons for this vary, but it’s becoming more difficult to accept credit card transactions, particularly from the United States. Certain brokers that have risen to the challenge and decided to get a license from CySec or MiFid, have absorbed significant costs related to obtaining the actual license, conforming to regulatory norms, and finally actually paying …
Posted on: November 20th, 2013 by John Thiel
I’m sure a lot of you have heard horror stories about binary options traders that have experienced the painful agony of trying to cash their money out and having it being declined due to missing or improperly filled out forms. Well, you can bet your bottom dollar there will be many more traders having to go through this tedious process in the future. The Business Logic CySec-licensed, or alternatively non-licensed binary options brokers don’t charge fees or commissions as would a traditional broker, they make their money based on the amount of money deposited less money withdrawn. For the better …