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Are Binary Options a scam?

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asked May 9 in Binary Options by klo (2,410 points)

2 Answers

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answered May 9 by Connor1 (5,150 points)

I have noticed that there a lot of scam brokers in binary option trading and a lot of traders complaints and i think it seems to be really hard to distinguish among the good one and the bad however i still believe that there are few decent brokers which are still available in the market. But the overall vibes seems to be negative and confusing the binary options traders too.

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answered May 9 by Tom (2,040 points)

If binary options would be a scam you think financial institutes would regulate them and give them licences? I don't think so...Everything has it's ups and downs and so do binary options, even forex or CFD isn't perfect but would you call these financial instruments a scam?

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