The problem with binary options trading!

A fair bit of spotlight/scrutiny has been placed on binary options in the past years, with warnings issued from central banks such as the MAS (MAS-Cautions-Investors-on-Risks-in-Trading-Binary-Options-with-Unregulated-Platforms, SEC warns against Binary Options and scams such as the-wolves-of-tel-aviv-israels-exposed.

Likewise, we hope to take this chance to educate investors on this highly risky investment product and advise everyone to think twice before hopping on this bandwagon.

What are Binary Options?

For those who might have chanced upon a Binary trading advert or some sort of get rich scheme, you might be familiar with the below:

Trading with Binary options is to predict whether a stock, or an index, or a commodity or a forex pair, would go up or down within a certain time frame.

Binary options "are based on a simple 'yes' or 'no' proposition: Will an underlying asset be above a certain price at a certain time?

Correct, you are NOT actually buying anything, you don't wait for something to go up and sell at a profit, not at all. You invest in putting down an option that, for example OIL, will have increased in price by the time your option expires, or the other way around, that it will close lower.

If you are right, you will make a profit of 65-90% on your invested amount.

These option time frames can be as little as 30 seconds, to 2 minutes, to 15 minutes, to 1 hour, .... It all depends on what you chose.

Is it a scam?

Short answer is yes & no.

In fact, it is not a scam when u consider that Binary options are in fact about as legitimate as your roulette wheel or soccer betting. Also, Binary options are simple to digest and much easier to peddle as a "transparent trading instrument", thus attributing to its popularity.

However, very often, you end up taking the other side of the market as your broker, i.e. If you win, the broker loses and vice versa. This creates a skewed conflict of interest and their ability to adjust the payout ratio (Odds/multiplier) amplifies that.

The Scam

The scam comes in when certain brokers get greedier and you start seeing instances like refusal to credit customer accounts or reimburse funds to customers; identity theft; and manipulation of software to generate losing trades.

Do not trade Binary Options.

Long story short, you have no business dabbling with binary options. You run the risk of dealing with an illegitimate broker and even if you manage to find a proper broker, you end up facing insurmountable house odds with negative expected value.

If the gambling bug bites, you might just be better off playing the lower house edge games in the casino like baccarat or blackjack.

In conclusion, there is no quick and easy money to be earned. Instead, do your homework and read.
Good luck.

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Comments (104)

Mar 31, 2018 - 7:44pm

Futures and Options are the same thing, just betting on movement (but by definition, you have the right to delivery/right to 100 shares yadda yadda) but we all know no one actually does that. Just a nice way around the definition of gambling.

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Mar 31, 2018 - 8:15pm

P&D, I would respectfully disagree that options trading is nothing more than structured gambling, if that is your position.

I've been an active options trader for many years, but even though I have a level 4 options trading clearance w/my brokerage account, IRAs allow for only level 1 (2 at some institutions). Level 1 meaning I can buy/sell calls/puts. Period. Level 4 allows me the ability to trade calls, puts, spreads, straddles, strangles, condors and a few other strategies. However, I keep my strategies pretty simple, keep my timeframes to weeklys or monthlys, and I use my strategies to get into a position at a cost below the CMV (by collecting premium to lower my cost basis if I'm getting assigned shares by selling puts), or by liquidating a position for above CMV by collecting premium by selling calls). Also, I like to sell straddles around earnings season, when I anticipate increased volatility. I don't like LEAPS simply b/c it ties up my excess capital for too long.

Trading options isn't for everyone, but they are a valuable, powerful tool when used properly. On the flip side, they can be monetary weapons of mass destruction when used improperly. The OCC (Options Clearinghouse Corp) is an excellent resource for those who want to trade options to start out. They used to have mock accounts that would allow people to practice w/o using real money. Don't know if they still allow for that, but I found some valuable tools on the site that I hadn't found in a number of books I've read on the topic.

Long-winded post I know. I'm pretty passionate about the practice, though. I have not come out on the winning side of every options trade, but all-in-all, I've done quite nicely, often times picking up anywhere from $300 - $2300 in a week without actually liquidating a single share in my portfolios.

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Mar 31, 2018 - 9:39pm

I started out with options, I lost some doing stupid stuff with SPX weeklies (that's not why I said what I said in my post above) but made all of it back and then some by simply doing directional vertical spreads. Keeps the theta low, low cost upfront, and if you have a measured move you can adjust your strike legs accordingly and up your RR ratio. Some strats are really cool and can even do for income (ie covered calls)! I actually don't hate options, I just found I was doing great with directional plays so just went with futures. No theta decay, no expiration. I didn't need to wait at expiration for my max profit. The money you can make in a 20 point day in /ES is vastly different than a 20 point out spread on SPX, very wide in terms of profit.

Just by reading that you keep your time frame to weekly and monthly already shows you know what you're doing 100% (doesn't mean a lot coming from me lol). Unfortunately this isn't the case for 95% of traders. Most do options for the massive leverage, and doubt they even care about the whole "right to 100 shares @ a specific strike @ a specific date," or any of the strategies that you have mentioned. There was a report I read, most option-traders blow up because they buy super low expy options, they are just betting on the direction in such a short time frame, similar to binary options. In other words, they get stuck on the level 1 approval, lol.

That's awesome to hear, I seen your other posts, and I always love speaking to those who have been in the trading game for a while. I've only been in the game for around a year now, and I love it. Still very young but can't wait to see if I can emulate what I've learn and applied to a much larger account size. I personally believe that the market is simple, and the people who win are those who don't overcomplicate it.

EDIT: I generally believe selling premium is kind-of-meh at times. I mean, you're risking like 3:1 or sometimes 5:1 for a higher probability of profit. 5-10 wins can get wiped out in 1 loss sometimes. BUT, whatever works works. Making money in the end is all that matters. the positive expectancy is all that matters.

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Mar 31, 2018 - 8:51pm

I would agree trader, binaries are not really trading option, even though the call them binary options. Just a clever game of word-play to attempt to add some credence to a sham of an investment scheme.

Jun 25, 2021 - 7:28pm

Recovering funds from a fraudulent binary company are not easy as sometimes funds might already be spent which makes recovery of such funds difficult. Most people don't believe the fact that their funds can be recovered so they don't make research on how to recover their funds and end up licking their wounds. I got a call a from an advisor called Amy Gregory. My claim was only a small amount and even though i didn't reach the minimum claim they handled, she still gave me the information needed to fight my case and get my money back. She was so nice and understanding and told me about the reality of the fraudulent company. Such a good experience. Contact Rapidrecoveryfundreals at gee male dot come

Apr 16, 2018 - 8:00pm

The NFA does not regulate binary trading (yet), and most binary options brokers worldwide are unregulated. The few who are regulated are generally based in Cyprus and are regulated by Cysec. These brokers may or may not be the best ones, so you will need some other criteria to help you make your choice and avoid binary trading scams
Check into how well capitalized a broker is before you sign up with a company. A well capitalized company is much less likely to lose your money than one which has plenty of money for operations. Even though binary options brokers aren't regulated like FX brokers right now, you can still find out whether a broker has $20 million in capital by checking with the Commodity Futures Trading Commission (CFTC).
If you have in any way lost your hard earned funds to any of these scam brokers, I have a good news for you. wealth recovery now is a leading firm that helps with binary option & ICO loss recovery. Just visit ; wealthrecoverynow dot co and contact support for a quick recovery.

Apr 16, 2018 - 8:01pm

How to Trade Binary Options (Originally Posted: 10/16/2012)

I came across new investment option that is binary trading system. can anybody member post some details of this trading system. ????

Apr 16, 2018 - 8:06pm

You can find out about binary options and providers at chiefbinaryoptions. com/en/option-web-review. Moreover, this broker provides demo account for practising, so you can try trading and understand the main features.

Apr 16, 2018 - 8:07pm

Binary Options have been around quite a long time now, typically become a great hit among the new traders. To get started, its important to explore the site like verifyproducts that covers all strategies and fundamental of binary options trading. Then you need to open free demo account on any platform and then practice the strategies to gain profit with real money.

Apr 16, 2018 - 8:08pm

search on Google or find out at chiefbinaryoptions. com

http://couponsohot.com/stores/adam-and-eve-coupons/
Apr 16, 2018 - 8:13pm

Selecting the right broker for your trading a trader can consider Some of these factors are:
Regulations
Company Capitalization
Trading Platforms
Broker Types
Customer Services

Apr 16, 2018 - 8:16pm

Choosing the right binary options broker is very important for successful trade. When it comes to make a choice, you should not select only them on the basis of offers they provide. Whilst you have to check out broker's reputation like no1options(dot)com, trading platform they use, information they provide, customer care services and most important their approach to make a deal.

Apr 16, 2018 - 8:17pm

Troll/baiting thread. Needs to be deleted.

Array
Apr 16, 2018 - 8:18pm

TXEcon:

Troll/baiting thread. Needs to be deleted.

Yup 10000%

Apr 16, 2018 - 8:19pm

I can suggest you to check out binary brokers reviews (chiefbinaryoptions. com/en/best-binary-options-brokers), to decide which one is the best for you. To read about its regulation, assets index, services, popularity.

Apr 16, 2018 - 8:21pm

all about binary options (Originally Posted: 03/16/2013)

On a day like today i would think making money using Binary Options would be very easy..just keep adding to your position as the index falls away....though i think trading opens at 11 am so the big fall/move of the day would be missed.

May 20, 2018 - 7:44am

All lies,i was promised a lot of returns,contact mr kent,contact mr phillip,all lies,its just a means to lose more money,they played me until i lost 350000USD,thanks to my Boss that introduced me to coin-recovery(at) mail dot com ,he was able to recover 250000USD and he is still working on it,i cant be less happier.Reach him as soon as possible and tell him your story,take a leap of faith and be rest assured you will get your money back.

Jun 11, 2018 - 6:24am

I lost Over $200k to Traders Vandetta. They made me trade and never allowed me to withdraw. I called them and they never picked up my calls, I sent several mails and they never responded. I reached out to my lawyers and they were unable to do anything from their end. Traders vendetta closed my account. So I reached out to Recovery at blackwebs dot org a Binary Options and cryptocurrency Recovery Expert , They guided me on steps to take to recover my money. I have been able to recover my money. I will never trade again

Jun 22, 2018 - 6:51pm

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Jun 29, 2018 - 8:25am

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Aug 12, 2018 - 9:26pm

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Aug 13, 2018 - 6:59am

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Aug 13, 2018 - 7:23pm

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Sep 6, 2018 - 7:22am

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Nov 13, 2018 - 5:16am

it was everything gone wrong for me, i fell fully for their lies, had my broker handle my account for me which made things get worse but i was out there working almost all hours of the day to make sure i stay stable financially in life and all of a sudden +booom . i need cash and they are wasting my time to approve my withdrawal request. At this point i am beginning to get scared and after a while they stopped responding to my emails which became worse, i was going nuts until i was able to come across a company ( binaryoptionassetrecovery(+.com(. they were so helpful and we got back almost all of mu money back. im never going down that binaryoption or forex investment road again.

Nov 16, 2018 - 12:45pm

Everything about trading binary options is all fake because it's all based on lies, i have had my experience and it was a bad one the only thing that got me going is that i got those money back, one evening I received a call from this binary option company, with sweet words of how my investment can be doubled within a short time frame. I invested roughly $800,000, couple of weeks later, I went up to $900,000 – The next he asked me to sign a document online which I thought was a document to trade. He did not explain to me what that document was and as I was directed to the document, the robot took over and signed the document on my behalf. It turned out later that was the very important Bonus Statement with conditions that restrict withdrawals.
i was so devastated that i had to contact cysec but all i got was bunch of messages, chargeback is a handy procedure if you make your transactions with c/c, which wasn't my case. so alternatively i found this underground team cybercadet i contacted them on wickr username is cybercadet and also on cybercadet01gmailcom they specialize in using their skills to help people out by withdrawing stollen funds from the scambrokers, out of no time i started making reasonable chat with this guys then after some couples of days/weeks they finally got hold of all of my money and got it wired to me through an offshore account, guess you can call me lucky right and with all of my story and encounter on this journey of binary option trading i would say it's not a thing someone should willingly engage on and i hope some agencies that handles this type of frauds put a stop to this type of trade.

Dec 31, 2018 - 5:36am

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Dec 31, 2018 - 5:36am

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Feb 11, 2019 - 8:07am

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May 1, 2019 - 6:45am

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May 7, 2019 - 5:42am

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Nov 28, 2019 - 4:51am

What is the process?

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Feb 12, 2020 - 6:45pm

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Most Helpful
Apr 19, 2020 - 6:53pm

2018 was for me the beginning of a nightmare that ended recently thanks to lewis. I lost 170,660 USD with a binary option company whom I taught were professional. But with the help of lewis, I was able to recover most of the money so that I can now put that horrible story behind. Lewis was very compassionate and understanding. He was always available; it was easy to get in touch with him. I cannot imagine what would have been my life within the last year's without his support. I urge everyone; be careful involving yourself with some binary option companies not all of them are legit. They will act friendly with you, gain your trust, play with you like professional brokers and you will be caught in their web. If you get caught you can trust lewis to do the maximum to help you get your money back. He is some one who cares and will give you gmail>[email protected] . com be careful and stay safe

Apr 26, 2020 - 8:33pm
Joshua-Bricks:

2018 was for me the beginning of a nightmare that ended recently thanks to lewis. I lost 170,660 USD with a binary option company whom I taught were professional. But with the help of lewis, I was able to recover most of the money so that I can now put that horrible story behind. Lewis was very compassionate and understanding. He was always available; it was easy to get in touch with him. I cannot imagine what would have been my life within the last year's without his support. I urge everyone; be careful involving yourself with some binary option companies not all of them are legit. They will act friendly with you, gain your trust, play with you like professional brokers and you will be caught in their web. If you get caught you can trust lewis to do the maximum to help you get your money back. He is some one who cares and will give you gmail>[email protected] . com be careful and stay safe

I can attest to this, Mr Adams also helped me with my account issues with b4binary.

May 14, 2020 - 9:23am
Anna-Wan:

Joshua-Bricks:

2018 was for me the beginning of a nightmare that ended recently thanks to lewis. I lost 170,660 USD with a binary option company whom I taught were professional. But with the help of lewis, I was able to recover most of the money so that I can now put that horrible story behind. Lewis was very compassionate and understanding. He was always available; it was easy to get in touch with him. I cannot imagine what would have been my life within the last year's without his support. I urge everyone; be careful involving yourself with some binary option companies not all of them are legit. They will act friendly with you, gain your trust, play with you like professional brokers and you will be caught in their web. If you get caught you can trust lewis to do the maximum to help you get your money back. He is some one who cares and will give you gmail>[email protected] . com be careful and stay safe

I can attest to this, Mr Adams also helped me with my account issues with b4binary.

True words, he was the one i ran to when i was having withdrawal issues, he's a genuine hero, would love to know you more Annn. Cheers.

Jun 21, 2020 - 12:40pm
Joshua-Bricks:

2018 was for me the beginning of a nightmare that ended recently thanks to lewis. I lost 170,660 USD with a binary option company whom I taught were professional. But with the help of lewis, I was able to recover most of the money so that I can now put that horrible story behind. Lewis was very compassionate and understanding. He was always available; it was easy to get in touch with him. I cannot imagine what would have been my life within the last year's without his support. I urge everyone; be careful involving yourself with some binary option companies not all of them are legit. They will act friendly with you, gain your trust, play with you like professional brokers and you will be caught in their web. If you get caught you can trust lewis to do the maximum to help you get your money back. He is some one who cares and will give you gmail>[email protected] . com be careful and stay safe

Thanks, you were really helpful

May 24, 2020 - 5:37am

Have you gotten your bitcoins stolen from your wallet or invested in an ICO that turned out to be a scam? you are not alone because this happened to me too. I initially lost GBP257,000 in just three months from Cryptoallday and a couple of others. I contacted the authorities and they referred me to recoverywealthnow360 on google mail who helped me recover all my funds within 2 days. I'm speaking up to improve awareness of these cryptocurrency thieves and help as much as i can to reduce victims to the bearest minimum.

May 28, 2020 - 6:31pm

Hack Ethics is a Verified Experienced Binary Options Recovery Specialist and Professional Hacker that provides the experience, intelligence, expertise in Asset Recovery and successfully solve ANY DESIRED HACKING SERVICES YOU WANT with ease which includes BINARY OPTIONS FUNDS RECOVERY, CREDIT REPAIR, PHONE & SOCIAL MEDIA HACKS and so on. 

People have lost their hard earned money through this BINARY OPTIONS TRADINGS, yet they would go to meet FAKE HACKERS who are also scammers unknowingly to help them recover their money and they would end up losing more money in the process. These Scammers also tend to put Fake Testimonies out there just to steal more from you by giving you False hope. I understand how heartbreaking it is to be a BINARY OPTIONS SCAM VICTIM after you've been promised your fortune by Binary Companies and then they ignore your Emails or Calls after stealing from you.  I'm taking every step to render solution to those innocent people affected and help them get every penny they lost.  CONTACT  EMAIL  -  [email protected] 
   REPOSTING MY ARTICLE ON EVERY PLATFORM AND FORUM TO HELP VICTIMS OUT THERE. 

Aug 27, 2020 - 11:15am

I lost a lot of money through a binary option scam. I first tried to get my money back through charge back with the banks, but the fraudsters had all the answers to the banks and my disputes were closed. I then contacted a trade lawyer, who took the company to court but the lawyer also turned out to be a fraudster and I lost more money. I had lost hope and prepared myself to write off my losses, but had a change of heart when I saw a post about Lewis, with one last try in me I decided to contact him as a last resort. During our first conversation, Lewis was very supportive in putting my mind at ease and said that he would take my case, even though it was a long shot as it was basically at a stage that most likely required legal help, with lewis knowledge of the banking procedures and the binary fraud business, his approach was very professional and through persistence and determination managed to get 60% of my funds back within 2 weeks of our first conversation, and the remaining 40% in a week and a half. You are reading this because you have been scammed, so don't lose hope, contact Lewis on  [email protected] gmail .com, he will get your funds back. God bless you Lewis.

Oct 7, 2020 - 9:57pm

susanpopee

I lost a lot of money through a binary option scam. I first tried to get my money back through charge back with the banks, but the fraudsters had all the answers to the banks and my disputes were closed. I then contacted a trade lawyer, who took the company to court but the lawyer also turned out to be a fraudster and I lost more money. I had lost hope and prepared myself to write off my losses, but had a change of heart when I saw a post about Lewis, with one last try in me I decided to contact him as a last resort. During our first conversation, Lewis was very supportive in putting my mind at ease and said that he would take my case, even though it was a long shot as it was basically at a stage that most likely required legal help, with lewis knowledge of the banking procedures and the binary fraud business, his approach was very professional and through persistence and determination managed to get 60% of my funds back within 2 weeks of our first conversation, and the remaining 40% in a week and a half. You are reading this because you have been scammed, so don't lose hope, contact Lewis on  [email protected] gmail .com, he will get your funds back. God bless you Lewis.

Thanks love, Appreciate

Aug 30, 2020 - 2:32am

A fair bit of spotlight/scrutiny has been placed on binary options in the past years, with warnings issued from central banks such as the MAS (MAS-Cautions-Investors-on-Risks-in-Trading-

 Hack Ethics is a Verified Experienced Binary Options Recovery Specialist and Professional Hacker that provides the experience, intelligence, expertise in Asset Recovery and successfully solve ANY DESIRED HACKING SERVICES YOU WANT with ease.

People have lost their hard earned money through this BINARY OPTIONS TRADINGS, yet they would go to meet FAKE HACKERS who are also scammers unknowingly to help them recover their money and they would end up losing more money in the process. Thesea Scammers also tend to put Fake Testimonies out there just to steal more from you by giving you False hope. I understand how heartbreaking it is to be a BINARY OPTIONS SCAM VICTIM after you've been promised your fortune by Binary Companies and then they ignore your Emails or Calls after stealing from you.  I'm taking every step to render solution to those innocent people affected and help them get every penny they lost.  CONTACT  EMAIL  -  [email protected] 

REPOSTING MY ARTICLE ON EVERY PLATFORM AND FORUM TO HELP VICTIMS OUT THERE. 

-Options-with-Unregulated-Platforms, SEC warns against Binary Options and scams such as the-wolves-of-tel-aviv-israels-exposed.

 Hack Ethics is a Verified Experienced Binary Options Recovery Specialist and Professional Hacker that provides the experience, intelligence, expertise in Asset Recovery and successfully solve ANY DESIRED HACKING SERVICES YOU WANT with ease.

People have lost their hard earned money through this BINARY OPTIONS TRADINGS, yet they would go to meet FAKE HACKERS who are also scammers unknowingly to help them recover their money and they would end up losing more money in the process. Thesea Scammers also tend to put Fake Testimonies out there just to steal more from you by giving you False hope. I understand how heartbreaking it is to be a BINARY OPTIONS SCAM VICTIM after you've been promised your fortune by Binary Companies and then they ignore your Emails or Calls after stealing from you.  I'm taking every step to render solution to those innocent people affected and help them get every penny they lost.  CONTACT  EMAIL  -  [email protected] 

REPOSTING MY ARTICLE ON EVERY PLATFORM AND FORUM TO HELP VICTIMS OUT THERE. 

, we hope to take this chance to educate investors on this highly risky investment product and advise everyone to think twice before hopping on this bandwagon.

What are Binary Options?

For those who might have chanced upon a Binary trading advert or some sort of get rich scheme, you might be familiar with the below:

Trading with Binary options is to predict whether a stock, or an index, or a commodity or a forex pair, would go up or down within a certain time frame.

Binary options "are based on a simple 'yes' or 'no' proposition: Will an underlying asset be above a certain price at a certain time?

Correct, you are NOT actually buying anything, you don't wait for something to go up and sell at a profit, not at all. You invest in putting down an option that, for example OIL, will have increased in price by the time your option expires, or the other way around, that it will close lower.

If you are right, you will make a profit of 65-90% on your invested amount.

These option time frames can be as little as 30 seconds, to 2 minutes, to 15 minutes, to 1 hour, .... It all depends on what you chose.

Is it a scam?

Short answer is yes & no.

In fact, it is not a scam when u consider that Binary options are in fact about as legitimate as your roulette wheel or soccer betting. Also, Binary options are simple to digest and much easier to peddle as a "transparent trading instrument", thus attributing to its popularity.

However, very often, you end up taking the other side of the market as your broker, i.e. If you win, the broker loses and vice versa. This creates a skewed conflict of interest and their ability to adjust the payout ratio (Odds/multiplier) amplifies that.

The Scam

The scam comes in when certain brokers get greedier and you start seeing instances like refusal to credit customer accounts or reimburse funds to customers; identity theft; and manipulation of software to generate losing trades.

Do not trade Binary Options.

Long story short, you have no business dabbling with binary options. You run the risk of dealing with an illegitimate broker and even if you manage to find a proper broker, you end up facing insurmountable house odds with negative expected value.

If the gambling bug bites, you might just be better off playing the lower house edge games in the casino like baccarat or blackjack.

In conclusion, there is no quick and easy money to be earned. Instead, do your homework and read.
Good luck.

Sep 15, 2020 - 3:52am

 I've had enough of complaints from clients over the months who has one way or the other being a victim of the BINARY OPTION OR RECOVERY SCAMS or any desired Hacking Services. I'm  willing to put an end to these unbearable swindle scheme. CONTACT ME - [email protected] 

Sep 15, 2020 - 3:56am

 Hack Ethics is a Verified Experienced Binary Options Recovery Specialist and Professional Hacker that provides the experience, intelligence, expertise in Asset Recovery and successfully solve ANY DESIRED HACKING SERVICES YOU WANT with ease.

People have lost their hard earned money through this BINARY OPTIONS TRADINGS, yet they would go to meet FAKE HACKERS who are also scammers unknowingly to help them recover their money and they would end up losing more money in the process. These Scammers also tend to put Fake Testimonies out there just to steal more from you by giving you False hope. I understand how heartbreaking it is to be a BINARY OPTIONS SCAM VICTIM after you've been promised your fortune by Binary Companies and then they ignore your Emails or Calls after stealing from you.  I'm taking every step to render solution to those innocent people affected and help them get every penny they lost.  CONTACT  EMAIL  -  [email protected] 

REPOSTING MY ARTICLE ON EVERY PLATFORM AND FORUM TO HELP VICTIMS OUT THERE. 

Jan 18, 2021 - 12:30am

I once lost an incredible amount of money to a fake Binary option Brokers i think about 2years ago, It all started from a phone call and after some persuasion I decided to invest, after months of constant investment about 130k$, I decided to ask for a payout this was the beginning of my turmoil, to my dismay I was still asked to invest more. Being a Single father this really affected me and despite all efforts to contact them failed. I was introduced to emend recovery they took legal actions against them and they helped me retrieve my funds couldn't be more thankful (EMENDJAMES105) GMAIL COM
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Jan 18, 2021 - 2:04pm

After 2 successful trades, I got scammed £50,000 cumulatively. I will advise you all not to invest your hard earned money on binary options. It's all facade as they lure you into investing a lot of money and then steal it at once. I got help to fight back hard till I recovered my money after months of agony and depression. I am willing to share my experience with other victims who might need help. Contact  Geminihacks   -.-   com  they are professionals and helped me all the ay thanks once again.

Jan 18, 2021 - 7:03pm

It gives joy when you  invest your money and you gain a lot more from your investment, I have been investing and trading for the past two years and I have never been this lucky, since I met Mrs Grace Lilo I can boast of it that I make at least $17k every week. Thank you so much ma, Contact Grace Lilo via email: gmail>[email protected]. com or what App her +351968942567

Jan 19, 2021 - 6:02pm

when i lost my life savings to binary option then I know life throws curveballs. And while there might be blockers to success I still believe I will get my funds back and i needed to trust someone. My friend introduced me to markgantt1 on outlook and he was able to get my lost funds back. I will advice you all that it's imperative to keep pushing with the knowledge mistakes will be made and failure is inevitable|||watapp mark \\\Nine-7-zero-6-five-8-zero-9-six-zero\\\. Don't give up Mark  was my source of been happy again.

Jan 25, 2021 - 4:51pm

It is a helpless feeling when you have been, or someone you care about has been scammed. The damage has been done and it often feels like there's nothing you can do.

From my experience, the only way you can get back your money is getting a good recovery specialist who handles binary options scam. You can report stolen bitcoins to the FBI but they're not going to do anything unless it's a million dollar scam but you can still try.

The main issue is always how to get your money back and getting someone who deals with recovering lost funds through binary options. Fraud and scams affect people emotionally and mentally which can lead to anxiety, shame, fear, grief and so many others. I was ashamed of myself and couldn't tell anyone what I was going through. It's really not so easy.

I searched the internet everyday looking for how to recover my money after I got scammed by investing in binary options. Found a way through a tech savvy friend I opened up to when I couldn't bear the pain of thinking I wouldn't recover my money. He referred me to Emend Recovery. And made me know the good ones aren't so easy to find on the internet. Contacted him and explained all that happened and sent records of payments I made to the scammer and he did exactly what he promised to do. You can contact (emendjames)105 AT gmail DOt com or whats-app +1-five-2-zero-2-six-1-nine-0-one-2. 

Jan 25, 2021 - 6:10pm

If you need help with getting back your money from a broker, contact hacker cybervenom6. He helped me along with friends and family that was referred to him, reach him via email at Cybervenom6 AT gmail DOT com. You can contact him for anything

Jan 26, 2021 - 10:00pm

A lot of answers have been contributed to this question with a very few turning out to be true, some answers were actually meant to give false hope to victims of binary options or bitcoin scam, i'm sorry to announce to you, it takes a herculean task to do so and also the help of experts like Emend Recovery to get it back, i'd implore to be weary of bogus claims by people in this comment section, they might be plots to lure you, id also advise intending bitcoin investors to be careful while trading, so many fake firms out there hunting for your hard earned income. If it promises a very huge return, its most likely fake regardless of the regulation company they claim to be an affliate of.Those that have fallen victim of this scam can contact emend recovery via E M E N D J A M E S 1 0 5 @ GMAIL COM or W h A t S a P p+15202619012

Jan 29, 2021 - 5:52pm

If you need help with getting back your money from a bad faith broker, contact hacker cybervenom6. He helped me along with friends and family that was referred to him, reach him via email at Cybervenom6 AT gmail DOT com. You can contact him for anything

Jan 30, 2021 - 6:48pm

Please beware there are many fake bitcoin mining/investment platforms
out there, I got scammed twice before I met a genius recovery who helped
retrieve my bitcoin. The whole plan was so smooth I could not doubt it.
Bitcoin is actually a great investment option but one thing I
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website (procapitalmarket), I monitored the profit yielding but got
locked out of the account before I could withdraw. I went online and found Emend Recovery who helped me retrieve my bitcoins back in few
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I referred my
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Feb 1, 2021 - 10:11am

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Feb 3, 2021 - 12:53pm

I once lost an incredible amount of money to a fake Binary option Brokers i think about 2years ago, It all started from a phone call and after some persuasion I decided to invest, after months of constant investment about 130k$, I decided to ask for a payout this was the beginning of my turmoil, to my dismay I was still asked to invest more. Being a Single father this really affected me and despite all efforts to contact them failed. I was introduced to emend recovery they took legal actions against them and they helped me retrieve my funds couldn't be more thankful (EMENDJAMES105) GMAIL COM
 Whatsapp   +1 520 261 9012

Mar 14, 2021 - 4:39am

This is my honest experience. There are a lot of untrue recommendations but because i haven't worked with all of them i can't tell you not to trust all of them. I won't be the one to alter someone's livelihood. If you have lost money to scam anytime at all, there is a solution. Send  a mail to this recovery team ([email protected] corecrypto. tech) to get the peace of mind you deserve.
 

Mar 17, 2021 - 11:47pm

I was impatient to carry out necessary research but I really wanted to jump on the crypto trading and investment buzz. Unfortunately for me, I invested 75,700 GBP worth of bitcoin with a fraudulent company. I was happy to watch my account grow to 214,575 GBP within a couple of weeks. But I didn't realize I was dealing with a scam company, until I tried to make an attempt to withdraw. I made a withdrawal request, and noticed my account was suddenly blocked for no apparent reason. I tried contacting customer support, but all to no avail.

I needed my money back at all cost, because I could not afford to let it go. So I tried all possible means to make sure I recovered my scammed bitcoin. I did a lot of online search for help, and tried to see if there were other people who had any similar experience. I stumbled upon a cryptocurrency forum were a couple of people mentioned that they had been through the same process but were able to recover their lost cryptocurrency, funds with the help of assetfixrecoverynetwork , com. So I file a report on the assetfixrecoverynetwork website and they were able to help me get back all my lost cryptocurrency within 2 weeks.

I feel indebted to them. Apart from trying to express my gratitude to them once again using this medium, I will recommend anybody who wants to recover scammed bitcoin, stolen cryptocurrency, funds lost to binary options forex, investment and any other form of online scam to file a report on assetfixrecoverynetwork , com

Mar 27, 2021 - 1:16pm

This advice likely seems very specific. I've helped a lot of people break their loved ones out of the grip of an online romance scammer. It isn't easy, but it can be done with the support of Caltech Recovery Be there to support your loved one when they finally come back to reality. Try to inject humor if you can. Don't blame the victim its all happened everywhere. They will be embarrassed enough, but at least you'll have them back and not sending any more money to some online grinch anymore contact them (caltechrecovery at gmail dot com) and file a complaint. 
 

Mar 31, 2021 - 9:15am

90% of traders loose out in forex. The reason being because, they lack the knowledge in trading. Contact Mr Alex Smith today on WhatsApp and learn the basics in FOREX TRADING drop your WhatsApp number:  +13045044292 here to join his forex academy

Apr 5, 2021 - 5:28am

While investing in bitcoins, be cautious. If your bitcoin gets stolen, then it can be a very frustrating time but instead of getting frustrated, it is important to 
act fast so that you can get your money back. Unluckily, there are many victims that do not get their money back because it is very hard to track down the people 
behind it. The thief is either in another country or using fake identities. But in some cases, it is easy to track the person who has stolen your bitcoin. 
Tracing bitcoin is not hard for the bitcoin forensics or specialists. Send a mail to instantrecovery12 ((AT)) gmail DOT com to get your stolen bitcoins sorted

Apr 12, 2021 - 7:03pm

If you have been a victim of any binary/ forex, cryptocurrency or online scam contact Wizard Charles group hackers to Recover your scammed funds back, they're highly recommendable and were efficient in getting I initially lost 2btc refunded. Email: ( [email protected] Gmail com ) WhatsApp: +1 (361) 201-2646  
 

Apr 15, 2021 - 10:22am

 i also lost about $175,000 to an IQ option broker and 2 fake binary option website as well but I am sharing my experience here so as to enlighten and educate everyone that is losing money or has lost money to a scam including binary options, dating scams,Recover all your lost money to Bitcoin and other Cryptocurrency, mortgage/realestate scams and fake ICOs.However , I have been able to recover all the money I lost to the scammers with the help of a recovery professional and I am pleased to inform you that there is hope for everyone that has lost money to scam.you can reach out to Caltech Recovery,you can also send a mail via CalTechrecovery AT GMAIL 

Apr 24, 2021 - 7:41am

I invested a lot of money to earn profits trading, and lost my investments to a scam company. I have now had all my investments and profits returned by a recovery commando. You can reach me to share my trading experience and how I had all my money returned jameswillliams04 at gmail dot com

Apr 26, 2021 - 7:35pm

From my previous experience its not that easy to get back a scammed funds because these scammers are very smart and they will cover their tracks but if you manage to find a trustworthy and reliable Recovery company, I said trustworthy and reliable because many scammers are out there disguising as Recovery agents and will only take your money without recovering your money, I was a victim of such myself after loosing my all my funds to an investment scam I sort for help and I met few recovery agents and was scammed by a particular one again. Luckily for me I was referred to a company called (instantrecovery12/*at*/gmail dot com). They Recovered my stolen bitcoin without charging any upfront fees.

May 2, 2021 - 11:40am

Until now, I had been investing with them for a year now, and one day decided to close my account without telling me a reason. I had my money saved there and the panic was incredible, they did not give me a proper explanation. I read other people's reviews and some weren't able to withdraw their funds I hired a recovery expert, INSTANT RECOVERY who retrieved my funds back from them. That was a great relieve for me and my family. Reach out to him via instantrecovery12<<at>>GMaiL doT coM

May 5, 2021 - 12:45pm

Be Aware of this two scam investment website: crypt-profits and yengtoroinvest I Invested 5000$ and reinvested it for 3 days and the money got to 12,213$. I told them that i wanted to withdraw. They told me i have to Pay 20% of my money before I can withdraw, which was 2,442$. I paid it and the following they , i wanted to withdraw and they told me i have to pay additional 5000$ . I told them i will not pay any money again, and that was how it ended. I taught they had gone with my money until I came across caltech Recovery whom many had reviewed how he helped them recovered there stolen bitcoin and funds, I contact his email on (caltechrecovery @gmailCom) gave him a try and the outcome was epic! He helped me recovered all my stolen bitcoins within 72 hours, Helped me makes profit with the aid of his Mining skills, and since then I've been benefiting from caltech Recovery, just last month I got myself a pent house!

May 8, 2021 - 12:23pm

I have invested with some scam brokers in the past, and the story is as horrific as the ones i have read because i went through the ordeal myself. I lost almost 120,000 euros  to this unfortunate brokers, there a friend referred me to a recovery firm that got my money back, plus my accrued bonuses. hack101 at tutanota dot cum ...Please stay clear of these scammers and if you have lost money you can still get your money back if you really want....

May 20, 2021 - 2:09pm

While investing in bitcoins, be cautious. If your bitcoin gets stolen, then it can be a very frustrating time but instead of getting frustrated, it is important to
act fast so that you can get your money back. Unluckily, there are many victims that do not get their money back because it is very hard to track down the people
behind it. The thief is either in another country or using fake identities. But in some cases, it is easy to track the person who has stolen your bitcoin.
Tracing bitcoin is not hard for the bitcoin forensics or specialists. Send a mail to caltechrecovery ((AT)) gmail DOT com to get your stolen bitcoins sorted

    Jun 1, 2021 - 6:01am

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    Jun 10, 2021 - 10:27am

    This advice likely seems very specific. I've helped a lot of people break their loved ones out of the grip of an online romance scammer. It isn't easy, but it can be done with the support of Caltech Recovery Be there to support your loved one when they finally come back to reality. Try to inject humor if you can. Don't blame the victim its all happened everywhere. They will be embarrassed enough, but at least you'll have them back and not sending any more money to some online grinch anymore contact them (caltechrecovery at gmail dot com) and file a complaint. 
     

    Jun 13, 2021 - 11:30pm

    This advice likely seems very specific. I've helped a lot of people break their loved ones out of the grip of an online romance scammer. It isn't easy, but it can be done with the support of Caltech Recovery Be there to support your loved one when they finally come back to reality. Try to inject humor if you can. Don't blame the victim its all happened everywhere. They will be embarrassed enough, but at least you'll have them back and not sending any more money to some online grinch anymore contact them (caltechrecovery at gmail dot com) and file a complaint. 

    Jun 15, 2021 - 3:34am

    Internet scammers are not as smart as you all think, they know a lot are weak emotionally and use this weakness against us. I have fallen a victim to one of their scams, it was like a nightmare when I realized that I was been scammed. To answer your question, yes you can recover your Bitcoin or any of your scammed funds. When my nightmare started, I was furious and ready for revenge because I was robbed online. I started my search on bing, google and yahoo. I saw a lot of companies and contacted them, but [**instantrecovery12(at)gmail dot com**] came through for me. Before I took the step, I listened to peoples advice and it worked out for me. You can contact him if you need any of such assistance. .

    Jun 19, 2021 - 12:07am

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    Jun 19, 2021 - 3:42pm

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    Jun 24, 2021 - 9:23am

    I initially invested a total of $105,000 over a period of 5 weeks my broker. My bonus/profit was $402,798 every attempt to make withdrawal failed and i was instructed to make another deposit of $25,000 before I can make withdrawals which i did. Yet i unable to make withdrawals and all attempt to contact broker proved futile . This is very pathetic and i felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. I'm saying this because I was able to recover my funds. Thanks to this recovery Team CALTECH RECOVERY. Reach out to them on CALTECHRECOVERY(at)gmail[]coom , Thought someone might find this information useful. This is the best recovery Team.

    Jun 24, 2021 - 9:26am

    I initially invested a total of $105,000 over a period of 5 weeks my broker. My bonus/profit was $402,798 every attempt to make withdrawal failed and i was instructed to make another deposit of $25,000 before I can make withdrawals which i did. Yet i unable to make withdrawals and all attempt to contact broker proved futile . This is very pathetic and i felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. I'm saying this because I was able to recover my funds. Thanks to this recovery Team CALTECH RECOVERY. Reach out to them on CALTECHRECOVERY(at)gmail[]coom , Thought someone might find this information useful. This is the best recovery Team.

    Jun 24, 2021 - 5:13pm

    If you've lost money to a scam or given out your personal details to a scammer, you're likely to get your money back, it depends on the recovery company you get in contact with because most recovery team or agent are fakes. However, INSTANT RECOVERY is a trusted and tested recovery team. They recovered my stolen funds without breaking a sweat. so my advice for you today is to contact them via INSTANTRECOVERY12 ((aT)) GMAIl dot coM and get the peace of my you lost when your funds were stolen.

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    Jun 26, 2021 - 8:20pm

    It feels good when you recovered your lost funds from your scam broker. Some challenges of withdrawals we traders are facing today in binary option or in crypto currency is not because binary option or crypto currency is no longer a nice place to invest capitals, but the problem  is that there's a lot of scam brokers all over the world. If you're facing some challenges of withdrawals or your broker manager is always asking you to make more deposit before you could place a withdrawals from your funds or you traded and lost your funds without any reason or maybe you noticed that your broker manager manipulated your funds, kindly get in touch with me on It feels good when you recovered your lost funds from your scam broker. Some challenges of withdrawals we traders are facing today in binary option or in crypto currency is not because binary option or crypto currency is no longer a nice place to invest capitals, but the problem  is that there's a lot of scam brokers all over the world. If you're facing some challenges of withdrawals or your broker manager is always asking you to make more deposit before you could place a withdrawals from your funds or you traded and lost your funds without any reason or maybe you noticed that your broker manager manipulated your funds, kindly get in touch with me on shirleynathan 309 (@) gmail. com and i will guide you on how to get to recover back your  funds in any other account platform will last for an interval of 3 to 4 working days then recovery of lost bitcoin will only last for 1 hour to 4hours Contact me and i will guide you on how to get to recover back your  funds in any other account platform will last for an interval of 3 to 4 working days then recovery of lost bitcoin will only last for 1 hour to 4hours

    Jul 10, 2021 - 12:36am

    Can the victims of scam get their money back? Yes, if you have fallen victim to scam from an unregulated investment platform or any scam at ll then are eligible to recover what was stolen from you and this can only happen if this is reported to the right people. With the right approach and with evidence, you will get what you lost back. Those behind these unregulated platforms will likely want to sell the idea that what happened to your investment was an unfortunate occurrence when in reality what happened was theft via elaborate means. If you are a victim or you know any one who is a victim of these occurrences, you should know there are people who can help you. Simply search (r e c o v e r y t e m p l e . t e c h) on google just the way it is in that bracket. It is never too late if you have the right information, your sanity can be restored.
     

    Jul 14, 2021 - 6:10am

    I have also been a victim of Binary option scams. I got scammed by Kaya Fx for almost a hundred thousand. After loosing more money to lawyers and what not, I was finally able to recover my money with the help of  professional company named Scam-Inspect. Lesson learnt! Happy to share my experience. If you have a complain about binary scam feel free to reach them on the website "Scaminspect. c o m". 

    Jul 22, 2021 - 6:58pm

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    Jul 26, 2021 - 10:34am

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