15 Popular Binary Options Brokers of 2020: Which One Is ...

FCA Updates Forex Broker Scam List

FCA Targets More Forex & Binary Brokers

The FCA (Financial Conduct Authority) finally got around to updating its list of unregulated online trading brokers. This list includes both forex and binary options unregulated brokers. Despite the fact, these brokers supposedly offer numerous services they are located in financial havens such as Seychelles, the Marshall Islands or Vanuatu and provide little to no information as to who they really are, and which parent company operates them. So, without further ado let’s introduce these fraudulent companies

SolidCFD

Owned by LOK Marketing Ltd, this forex broker is supposedly located in Vanuatu, a tax haven for any illicit business. Apparently, SolidCFD appears to be forging a path for current forex brokers and others that would like to set up shop in the country, whose major exports are frozen fish and distinct floating edifices. However, upon further inspection, the SolidCFD has two other offices registered on their website.
The first is under the name MGNC Marketing Ltd. and it is located in Cyprus. A quick google search tells us all that we need to know. MGNC Marketing LTD (Solid CFD) cold-calls potential investors and offers them unauthorized or prohibited financial services. An additional address is attributed to an area in West London. However, upon further review, there is no real company located there. Unsurprisingly no company is registered in the UK under SolidCFD, LOK marketing or MGNC Marketing, which implies that the broker has no physical presence in the United Kingdom.
Furthermore, there is a whole list of negative reviews pertaining to SolidCFD. This includes clients being unable to withdraw their funds, aggressive salesmen and not being able to log back into an account once a withdrawal request is made.

StratX Markets

Registered in the Marshal Islands, the company supposedly has an office in North London. However, the address that is provided is used by a company that enables other companies to register their business under their address. This obviously implies that StratX has no workers at its given address.
Just by merely glancing at a few of the reviews tells you that StratX Markets is operated by a bunch of con-artists. In fact what is more alarming, a number of former clients are claiming that StratX personnel are operating a fraudulent fund recovery company called Linrow Clarion Solvency that claims they can recover money that was lost to illegitimate brokers like Stratx Markets.

Options Stars Global

Last but not least this “broker” is registered in Samoa, but apparently has some sort of a branch in Cyprus that is regulated by CySEC. That is patently false.
Additionally, although the website has a U.K. phone number none of their of operations occur in the country. Not only Are there plenty of negative reviews about them, there is a dedicated Facebook page against them
Users of the website report an inability to withdraw funds, threatening salesmen, and pushy brokers who tempt traders into depositing more cash into their accounts. The company has done so badly they even have a Facebook page against them.

Take Action

If you have fallen victim to a cryptocurrency scam, send a complaint to at [[email protected]](mailto:[email protected]), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process.

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How to avoid a forex scam

Forex Trading – Is It Legitimate?

Forex (Foreign Exchange) is not a scam and certainly can be a credible and legitimate way of making money. However, whenever there are large sums of money involved, the shadier elements of society are never lagging. There are plenty of nefarious brokers that target novices, experienced traders and everyone else in between.
Forex scams are unfortunately common. At Broker Complaint Registry we have seen many forex, binary options and CFD scams emerge. Here are a couple of things to look out for whether you are an experienced trader or a complete novice.

Regulated Forex Broker?

The very first step to take to avoid becoming a victim of a Forex scam is to make sure you open an account with a regulated broker. There are many dominions that regulate Forex trading including the FCA in the UK, ASIC in Australia, and the CFTC and the NFA in the United States. Do not solely rely what is on the broker’s website. Check them out online and make sure they are regulated. It is simple to place a regulation on a website so use the resources available to you such as https://register.fca.org.uk/. Be sure to call the forex broker and find out who they are and what they do. Do not get pressured into opening an account unless you are 100% at ease.
However, merely checking to see whether the broker is regulated is not enough. There are numerous regulatory agencies such as CySEC that do not apply strict enough oversight and fail to implement harsh penalties for any brokers that violate their rules.

Guaranteed ROI

Any broker that guarantees a return on investment (ROI) is a surefire scam. For example, a “broker” may be approached to invest your money with an organization that will trade on your behalf and promise yearly or monthly returns for as long as you keep investing with them. Many of these con artists promise 40-50 % of your invested capital guaranteed PER MONTH. These “returns” are absolutely unsustainable and almost always involve other investors continuing to add money to the pot. This is called a Ponzi scheme. Remember Bernie Madoff anyone?
Forex trading is risky and while there are plenty of individuals who can consistently earn money trading, no one will say it is a guarantee.

Fund Withdrawal

If the forex broker or account manager tries to prevent you from withdrawing your funds or your return on investment, then you know that it is a forex scam. There is absolutely no reason that it should take anymore than a few business days for your money to be returned. Even some regulated brokers have refused to allow their clientele to withdraw. Take OTCapital as an example. They are regulated by ASIC, but Broker Complaint Registry has dealt with numerous individuals that have been unable to withdraw their funds.
What to Do if You Have Been Scammed
If you have fallen victim to a cryptocurrency scam, send a complaint to at [[email protected]](mailto:[email protected]), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process.
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Cryptocurrency – The Next Scam?

Cryptocurrency: What is it?

Cryptocurrencies, today’s biggest investment fad is dominating the headlines. Take Bitcoin, the most famous (and perhaps the most notorious) cryptocurrency has exploded in popularity over the last calendar year, despite the fact that it has been around for nearly a decade. Unless you have been living under a rock, you have heard of bitcoin, however, most do not know about the details behind the enigmatic cryptocurrency.
Bitcoin is a type of digital currency that was created by Satoshi Nakamoto back in 2008. However, the name Nakamoto is really an alias for an unidentified person, or group of people, who developed Bitcoin. Although there are numerous cryptocurrencies accessible now, Bitcoin has become the most popular one for investors.
Bitcoin was developed is such a way to evade tight government control on currencies while making online transactions simpler. The primary technology behind Bitcoin is a blockchain, a digital ledger in which public transactions made in cryptocurrencies are documented in a universal network of computers.

An ICO not an IPO

An ICO (Initial Coin Offering) is an unregulated fundraising mechanism that is used for a new cryptocurrency undertaking.
Here’s how it works: Say a company is trying to streamline a car service payment system so that it can be digital and encrypted. Sounds like a good idea. Let’s name it CarCoin. The company will then produce a document basically specifying exactly how the process will work (generally called a white paper). Additionally, they will create an eye-catching website and describe why CarCoin is a great idea that could be very beneficial. Then, the company will ask for people to send them money (typically Bitcoin or Ether, but they’ll also take fiat). In return, the company will send them back some CarCoin. The “investors” hope that CarCoin will be used a lot and be high in circulation, which could potentially raise the value of the currency.
This is sort of like an initial public offering (IPO), where investors buy shares of a company. However, unlike an IPO investing in an ICO doesn’t award you an ownership stake in the company or startup you’re giving money to. You are hoping that in this instance, CarCoin currently a worthless currency, will ultimately increase in value down the line and make you money.

Oh, what a scam!

Unfortunately, whenever there is money to be made the swindlers are never far behind. This is especially true at the ICO stage. Anyone can launch an ICO as there is very little regulation in most countries such as the United States. This means that as long as you got the tech aspect set up you can get yourself funded. This obviously can result in one of two things: potential profit for an investor or massive scams. The cryptocurrency market is perfect for scammers because it’s relatively new, backed by tons of hype, and comprises of complex technology. It’s easier to sucker someone into investing in your ICO in 2018 than your bogus real estate business—and unfortunately, plenty of people have.

Fake bitcoin brokers

Unfortunately, whenever a new investment opportunity pops up there are plenty of fake brokers to go along with it and cryptocurrency is no different. Take Bitcoinopts for example. This “broker” does not allow you to buy and sell bitcoins or let you “watch your profit grow as we trade daily”. Rather they profit off of your deposit and never allow you to withdraw. This is only the tip of the iceberg. Many of these cryptocurrency brokers are the same fraudulent binary options brokers operating under a different brand. It has become so rampant that Facebook has instituted a blanket ban for all ads pertaining to Bitcoin, ICO’s and other cryptocurrencies

Report these cryptocurrency scams.

If you have fallen victim to a cryptocurrency scam, send a complaint to at [[email protected]](mailto:[email protected]), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process. Visit www.fundsrecovery247.com for more information or Contact - [email protected] com.
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1. Regulated Forex Scams? You Bet

Yes, Regulated Forex Brokers Commit Scams

When one typically hears the phrase “forex scam” one automatically assumes that it is being perpetrated by an unlicensed or unregulated forex broker. For the most part, that assumption is correct. All you have to do is a quick google search and you will find numerous articles detailing reprehensible acts committed by unregulated forex and binary options brokers. However, there have been numerous instances of regulated forex brokers skirting the rules.

Not all regulated brokers are trustworthy

Unfortunately, there are numerous regulated forex brokers that have defrauded unsuspecting clientele as well. Last year on the CFTC slapped a $7 million fine on Forex Capital Markets (FXCM) in a civil monetary penalty for engaging in fraudulent and misleading solicitations, spanning from September 4, 2009, through at least 2014.
Additionally, the CFTC emphasized that FXCM had misrepresented that its ‘No Dealing Desk’ trading platform had no conflicts of interest with its clientele. Instead of running a true ECN execution platform where trades are performed directly in the interbank market, their clientele’s trades would be redirected to a Effex Capital LLC, which was originally designated to be an independent market maker but was, in reality, an extension of FXCM. Effex Capital would take very aggressive forex trades against the investors in order that they would lose and in return, FXCM would be the beneficiary of some very high kickbacks, which they received under the table from FXCM.

FXCM barred from the U.S.

Because of their duplicitous practices, the CFTC withdrew their regulation and FXCM was no longer allowed to service U.S. customers. Additionally, FXCM was caught by the FCA in yet another forex scam. They took away their investors’ positive swaps, causing them to only receive negative swaps. Surprisingly, the FCA did not remove their regulation.

Beware of OTCapital

OTCapital, forex broker regulated by ASIC has been swindling numerous investors. Broker Complaint Registry has received numerous complaints from those who have been victimized by their reprehensible practices. Complaints have ranged from not allowing clients to withdraw their earnings to never receiving a call back after they had deposited. Unfortunately, ASIC has not taken any action against OTCapital.

Protect yourself from a forex scam

Before you deposit money with a broker you must first make sure that the broker is regulated by an entity such as the CFTC, FCA, ASIC or the IIROC. Remember not all regulatory bodies are created equal. For example, if the broker that you are interested in has only a CySEC (Cyprus) regulation it would be wise to steer clear. Although they have gotten tougher on rulebreakers, CySEC is still lax in numerous areas.
Additionally, do your research. This means reading reviews, looking at various forums, and so on. It is not enough that the broker you are interested in has a regulation. You must vet them.
If you have fallen victim to a cryptocurrency scam, send a complaint to at [[email protected]](mailto:[email protected]), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process. Visit www.fundsrecovery247.com for more information or Contact - [email protected] com.
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Binary Options Review; Best Binary Options Brokers

Binary Options Review; Best Binary Options Brokers

Binary Options Review; Best Binary Options Brokers
We have compared the best regulated binary options brokers and platforms in May 2020 and created this top list. Every binary options company here has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The broker comparison list below shows which binary trading sites came out on top based on different criteria.
You can put different trading signals into consideration such as using payout (maximum returns), minimum deposit, bonus offers, or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. This review is to ensure traders don't lose money in their trading account.
How to Compare Brokers and Platforms
In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from your country e.g. check US trade requirements if you are in the United States. Here at bitcoinbinaryoptionsreview.com, we have provided all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:
  1. What is the Minimum Deposit? (These range from $5 or $10 up to $250)
  2. Are they regulated or licensed, and with which regulator?
  3. Can I open a Demo Account?
  4. Is there a signals service, and is it free?
  5. Can I trade on my mobile phone and is there a mobile app?
  6. Is there a Bonus available for new trader accounts? What are the Terms and
  7. conditions?
  8. Who has the best binary trading platform? Do you need high detail charts with technical analysis indicators?
  9. Which broker has the best asset lists? Do they offer forex, cryptocurrency, commodities, indices, and stocks – and how many of each?
  10. Which broker has the largest range of expiry times (30 seconds, 60 seconds, end of the day, long term, etc?)
  11. How much is the minimum trade size or amount?
  12. What types of options are available? (Touch, Ladder, Boundary, Pairs, etc)
  13. Additional Tools – Like Early closure or Metatrader 4 (Mt4) plugin or integration
  14. Do they operate a Robot or offer automated trading software?
  15. What is Customer Service like? Do they offer telephone, email and live chat customer support – and in which countries? Do they list direct contact details?
  16. Who has the best payouts or maximum returns? Check the markets you will trade.
The Regulated Binary Brokers
Regulation and licensing is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. A regulated broker is the safest option.
Regulators - Leading regulatory bodies include:
  • CySec – The Cyprus Securities and Exchange Commission (Cyprus and the EU)
  • FCA – Financial Conduct Authority (UK)
  • CFTC – Commodity Futures Trading Commission (US)
  • FSB – Financial Services Board (South Africa)
  • ASIC – Australia Securities and Investment Commission
There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organization. This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort.
Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner.
Bonuses - Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment, or risk-free trade. Whatever the form of a bonus, there are terms and conditions that need to be read.
It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&Cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt-out’ of taking a bonus.
Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over-trade’. If the bonus does not suit you, turn it down.
How to Find the Right Broker
But how do you find a good broker? Well, that’s where BitcoinBinaryOptionsReview.com comes in. We assess and evaluate binary options brokers so that traders know exactly what to expect when signing up with them. Our financial experts have more than 20 years of experience in the financial business and have reviewed dozens of brokers.
Being former traders ourselves, we know precisely what you need. That’s why we’ll do our best to provide our readers with the most accurate information. We are one of the leading websites in this area of expertise, with very detailed and thorough analyses of every broker we encounter. You will notice that each aspect of any broker’s offer has a separate article about it, which just goes to show you how seriously we approach each company. This website is your best source of information about binary options brokers and one of your best tools in determining which one of them you want as your link to the binary options market.
Why Use a Binary Options Trading Review?
So, why is all this relevant? As you may already know, it is difficult to fully control things that take place online. There are people who only pose as binary options brokers in order to scam you and disappear with your money. True, most of the brokers we encounter turn out to be legit, but why take unnecessary risks?
Just let us do our job and then check out the results before making any major decisions. All our investigations regarding brokers’ reliability can be seen if you click on our Scam Tab, so give it a go and see how we operate. More detailed scam reports than these are simply impossible to find. However, the most important part of this website can be found if you go to our Brokers Tab.
There you can find extensive analyses of numerous binary options brokers irrespective of your trading strategy. Each company is represented with an all-encompassing review and several other articles dealing with various aspects of their offer. A list containing the very best choices will appear on your screen as you enter our website whose intuitive design will allow you to access all the most important information in real-time.
We will explain minimum deposits, money withdrawals, bonuses, trading platforms, and many more topics down to the smallest detail. Rest assured, this amount of high-quality content dedicated exclusively to trading cannot be found anywhere else. Therefore, visiting us before making any important decisions regarding this type of trading is the best thing to do.
CONCLUSION: Stay ahead of the market, and recover from all kinds of binary options trading loss, including market losses in bitcoin, cryptocurrency, and forex markets too. Send your request via email to - [email protected]
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Primer on Binary Options Recovery

Primer on Binary Options Recovery
A binary option is a financial option wherein the payoff is particular fixed money or nothing at all. There are mainly two types of binary options cash-or-nothing and asset-or-nothing binary options. The cash-or-nothing binary option pays some fixed amount of cash if the option expires “in the money.”
The asset-or-nothing binary option, however, only pays the value of the underlying securities. This option makes many people quickly lose money trading binary options. So what happens when you have lost money trading binary options?
Recover from Binary Options How to Recover from Binary Options Lost or Scam with a Verified Recovery Expert.
Have you been enticed to get entangled in trading binary options? Have you had any bad experience with binary options? Are you a victim of the famous binary options scam?
“How do you recover from binary options scam?”
It happens to lots of people, even professional, educated people and the elite. If you get swindled, the first thing to do is not to beat yourself up over it but act fast. More importantly, suicide is not an option, and we can always heal and recover from our loses once there is life.
An unfortunate story of an Australian man who got himself entangled in binary options lost a lot of money and had the third mortgage on his house with a lot of other debts. And then he ended his life.
There are a lot of somber stories of people who have lost it all to binary options and have no clue how to recover from binary options schemes and fake brokers.
Firstly it goes without saying, it’s better to prevent, investigating the business and doing background checks is very necessary before any investment. Here are some tips to help you.
  1. When investing, do proper research and make sure the broker you are working with has an appropriate regulation and licenses like ASIC, FCA, CySEC, CFTC, BaFIN, or other government regulators.
  2. Always make sure you don’t invest all of your money.
  3. Get wealthy quick programs are bound to lose more money, don’t fall for investments of such.
  4. Learn and do more research about the financial option you are planning to invest.
  5. Listening to your broker is another mistake, as they have lost peoples money in many instances, the reverse of a brokers advice might be doing you better.
  6. Check out the platform and use all their demo till you are skilled and never agree to add funds in a rush.
A lot of people have their first experience with binary options through a scam. Binary options trading scams are widespread, and recovering from binary options schemes might be very hard but not impossible. The binary options industry is steadily misused, and many scammers and thieves get away with a lot due to slack regulatory laws, shallow knowledge and negligence of victims. There are fake review websites that support and endorse these scams, so for a person with no trading experience, it is almost impossible to find the right path.
A lot of people are getting duped and losing their money to these schemes. They have assured an income, but in actuality, they take their money and lose it deliberately.
https://preview.redd.it/y9y274olp2j51.png?width=601&format=png&auto=webp&s=7e2f7c4667ae31cc5011c6a88713b111e14575b0
What to do if Scammed by Binary Options? The web has a lot of fraudulent binary options brokers. So once you realize you have been a victim of the scam, don’t panic! You will most likely go through guilting yourself and emotional distress. Your first step is to file a complaint to the customer services team. Always remember the risks involves in the trades, you can lose money as well as gain as much too. If you lose money or get scammed, you will be reminded of the risks.
Documenting all that has happened is very important. The world would be better if we did not have thieves and people who create scams aiming to steal from us. The best move anyone can make is to educate themselves about possible scams and the way they work because they are everywhere and to be intelligent in the decisions made by them and the information they provide.
These Con artists have found binary options a simple system to use their system to strip the money of unsuspecting casualties. This write-up will focus on educating you, on binary options scams and binary options scammers. If you have ever lost money to binary options, check for links below to hire a recovery organization to help you get your money back. Binary options investing can be an excellent way to make more money without having to do much, but when you are dealing with the wrong people, it can be a quick way to lose a massive amount of money. We believe when you are done reading this article, you will be able to determine the differences between reliable binary options systems and the scam artists.
Don’t forget that you must file a complaint to customer services of the respective platform you used, and it is the first thing to do when you feel spooked. All regulatory bodies have their procedure and steps, and they will also ask if you have filed a complaint. In few countries, it is required legally that the company gives you a case number which you can then use to file a complaint to securities and exchange commission.
It is also essential contacting your credit card company and bank fast so they can provide solutions such as chargeback for you. If you find that you get stranded and need help then get it to contact with a recovery expert, and your best bet is Assured Recover. They will undoubtedly be able to help recover all lost funds.
Also, be very careful with recovery rooms as they can even scam you as an easy vulnerable target.
Recover Losses made to Binary Options with Verified Recovery Experts. A few recovery companies that focus on lost funds and wealth recovery internationally. Some legitimate companies also claim they can help, but since there isn’t much of a right side to this, they usually fall short of their promise and client’s expectations.
Some chargeback companies offer a service to help, and some may be able to help. A significant number of people who have lost money to fake binary options companies like IQ options, VIPBinary, 24option, and other fraudulent binary options trading platforms/companies that have bad reviews and been accused of scams. Assured Recover has successfully helped customers who were scammed and to get their money back.
Here is a testimony how Assured Recover helped someone who got scammed by Trade Toro.
One wouldn’t think much of this, all I wanted to do was invest and be part of it, but the brokers weren’t truthful. They collected money from all in the name of investment, and when it was time to withdraw, I realized I couldn’t. At the time was when it occurred to me, I had been duped.
I consider myself to be one of the very few privileged ones as I was able to get all recovered from this scam Binary options brokers. Assured Recover is simply the best, and in less than 30 days all my funds including bonuses had been recovered, If your broker lost your funds trading Binary options, one of these verified recovery experts will help you get your funds back without any traces.
I’m pleased to let people know how I was able to recover part the money that I got cheated by Trade Toro, and I’d like to write in favor of Assured Recover. Assured Recover is your best bet when it comes to binary options recovery.
Binary options trading scams will make you lose money and also make you blame yourself for not being more careful. These Verified Recovery Experts offer binary options loss recovery service to everyone in need of such services. Here is the link to the original article, and how to recover money lost to binary options, forex, cryptocurrency etc.
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Thisoption || A platform that needs to reckon with top tier

Thisoption || A platform that needs to reckon with top tier
Binary options were first introduced to the public in May 2008 and available for trading by American Stock Exchange(AMEX). In this trading method, you can bet on any financial assets and make a good amount of profit in a very short time. When the subprime mortgage crisis in USD occurred on one of the worst financial crises in human history then investors realized that they need a low-risk investment option which led to the emergence of binary options trading.
After AMEX launch this trading option for the first time publicly, some new binary options platforms were introduced by brokers such as 24option, Banc De Binary, and AnyOption. Those brokers are considered as the first one in binary options history. After that, we have seen a lot of brokers came into the market. A various trading platform dedicated to options trading emerged and start to support a wide range of crypto assets and tools for trading.

https://preview.redd.it/zzn9beb8fpg51.jpg?width=960&format=pjpg&auto=webp&s=95f544d81e379d772187394bac2e62e18e405ca0

Advantage of Binary Option

Before jumping into our main topic. I want to show some advantages of Binary options trading to our users.
  1. Binary option gives traders to get a high return of investment with a minimal cost. That is a reason behind the popularity of binary options in the market.
  2. Binary options offer a high reward for a very short time. It can be from 1 minute to 1 hour.
  3. There is a limited risk and with proper money, management trader can use its advantages.
  4. Trade can be done only by choosing yes or no. Thats make it one of the simplest trading method of all.
  5. Very low investment is required for trading. Most of the brokers let their clients trade with only 50$.
  6. A wide range of trading assets pair is available for traders.
  7. It can be traded on any market condition from anyplace at any time.

What is ThisOption?

Thisoption is a product of the Thisoption ecosystem which is first founded in 2016. Its a trading platform that is dedicated to Binary options trading and they already engaged with huge amounts of active members in their platform. It is estimated at over 700,000 and the number is constantly changing over time. It’s a platform that offers up to 80% of the return of investment for the traders with over 100 international trading assets.

https://preview.redd.it/02ngki3ifpg51.png?width=700&format=png&auto=webp&s=702396d322cb711639150d3fc44b840ee01f3eed

Advanatges of Thisoption.

Thisoption is another binary options trading platform that is well known for its high return of investment. There are several advantages of this platform and now I am going to introduce them to you guys.
  1. The high return of investment: Traders can get profits up to 80% of their initial investment and this platform is accessible from any device. A deal can be made with just a minute and its pretty fast.
  2. Low investment: Trades can stat up their trading account with just a handful of money and that is 50$. There is no KYC required to deposit, trade, or withdraw from the accounts.
  3. Limited risk: Thisoption is offering the best trading activity with the limited risk taken. It’s up to the traders how he is going to manage his fund and increases their portfolio.
  4. Many trading assets: Thisoption supports a wide range of international trading assets and even they will support crypto-fiat trading pair that is volatile and traders can make a huge profit through this market.
  5. 24/7 customer care: There is an active customer care service that can provide any help and support for the users. User will get a 24/7 customer care for solving their problems and any means necessary.

Conclusion:

There is a lot of brokers that give a variety of tools for trading in their Binary options platform. Thisoption is one of them and to be honest, it already shows its place in the market with over 700,000 clients. We can only lead its constantly growing rate faster.

Website || Thisoption || Whitepaper || Telegram || Facebook || Medium

Author: u/thorex25
Disclaimer This article is not meant to give commercial or any other kind of advice. It is just an informative text at all.
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Tips to Find the Best Binary Options Brokers

With the potential of earning big money, binary options trading has removed in a big way all around the globe. From a number of binary options brokers in 2008, we have about hundreds of these available currently. You will be entrusting your cash to a broker to keep on the trade. Hence, it is very important that you identify the best binary options brokers from the other small and unreliable ones.
The trading of Binary Options first commenced in 2008 at the Chicago Board of Exchange. Such as the name suggests, Binary Options, are derivative contracts with only two possible outcomes at the expiry of the contract i.e. you receive cash/ asset if the contract is'in the amount of money'or nothing otherwise. For instance, suppose you buy a phone option of ABC Ltd.' s share at a strike price of $30 and a binary payoff of $300 binary options brokers. If the stock price is above $30, your contract is'in the amount of money '. By'in the amount of money'contract, we mean that you are in a gain situation as you can buy the stock for the strike price of $30 and sell it at an increased price (the current price) and produce a profit. In this scenario, in a binary option contract, you receive a fixed binary payoff of $300. In most other scenario, you receive nothing and lose the purchase price of the contract. The underlying asset can be stocks, indices, commodities and currencies. Making consistent profits out of trading in binary options depends upon the accuracy with which you may predict asset movements over the word of the contract.
Following are some important strategies for narrowing down your search to the best binary options brokers:
• Choose a controlled broker: A regulated broker is the one which has obtained a license and is governed by the concerned regulatory authority. Picking a regulated binary options broker will benefit you in many ways such as, payment protection in case of the broker's insolvency, proper usage of funds and authenticity of the contracts.
• Access: There are some brokers who prohibit US investors from trading in binary option contracts. If you should be a US investor, you would want to check this first before proceeding to evaluate the broker on other parameters.
• Track Record: Pick a broker with a minumum of one year of reputable dealings. Avoid deciding on new brokers. The more experienced the broker, the higher will be its credibility as it has had the oppertunity to survive in this industry.
• Reputation: Before selecting any broker, ensure that you check the user reviews/ complaints which will give a fair idea of the trustworthiness of the broker. Find the broker who has good reviews and fewer complaints.
• User Interface: Since your entire transactions will be online, become familiar with the interface of the broker's website. User friendly and navigate interface will simplify things and assist you to take investment decisions easily.
• Number of Options: You can find a number of option variants including 60 seconds options by which the option expires after very one minute or One Touch binary option in that you simply need certainly to predict whether the asset price will at least one time cross a pre-determined price during the life span of the option. Brokers supplying a higher number of option variants are beneficial as it opens up more earning opportunities.
• High Payouts: Higher payout means lower commission to the brokers and obviously higher share of profits to you. Most brokers generally offer 80-85% payout in case the option is'in the amount of money '. Some brokers offer 10-15% payout even when the option is out from the money. Choose brokers with favorable payouts.
• Banking options: Since derivative contracts are about'timing'it is essential that the broker offers you fast and a range of deposit and withdrawal options.
• Customer Service: Fast and prompt customer support is just a big advantage for a newcomer trader. Test the broker's customer care with certain pre-account opening queries. Also, a demonstration account made available from a broker reflects its emphasis on superior customer experience.
• Terms and Conditions: More frequently than not, unfavorable terms such as higher withdrawal limit are hidden in the fine print of the terms and conditions. Read them in more detail before commencing trading with the broker.
It's important that you spend time in choosing your broker. The above checklist will help you choose the best binary options brokers in the market currently.
submitted by abelrichard to u/abelrichard [link] [comments]

Does Binarycent Worth Our Trust?

BinaryCent is becoming a buzzword nowadays. But why?
As it’s an era of online trading, so it’s pretty hard to neglect the importance of a safe and trusted broker. Right?
A trusted broker helps us getting the best trading experience and enhance our profit rate. On the other hand, a scam broker can lead us to a devastating trading experience that might force us to bid farewell to our trading career.
Besides, we are already aware of a lot of brokers and incidents of scam-like behaviour. So, there are several aspects that we need to consider when it comes to choosing a trading broker.
However, in today’s article, we are going to measure the trustworthiness of the Binarycent broker based on their activities.
So, let’s dive right in and follow my lead.

Transparency Of Information:

First of all, every genuine broker has transparency. They don’t try to play hide and seek with the traders to lure them to trade. Instead, they will clarify every single detail like regulation, awards, risk, reward, bonus, etc.
Nevertheless, a trusted broker will include all the information on its website. Lots of trading brokers tend to hide their information related to the company, terms & conditions, confidentiality policy, bonus rules, risk statement, etc. They only disclose this information after your initial deposit. It seems like deceiving.
Unfortunately, we failed to find out the regulation and award information from their website. However, BinaryCent added the rest of the information for traders on their website. On top of that, you need to confirm whether your trading data is secured with the broker or not.
We will suggest you read rules and regulations, before dealing with each broker. From BinaryCent review, you will add the regulation information in your cart.

Secure Withdrawal Process:

A clear withdrawal process is a must for safe trading. You can see, lots of scam brokers do exist out in the market who will show you that you win trades. But you can’t get any response from them when it’s time to request a withdrawal.
From this point of view, you can rest assured that BinaryCent will act accordingly. And you are not going to be scammed as long as you can pass the account verification process for security purposes.
This broker claims to accept withdrawals within 1 hour. But this is not true as you may have to wait a bit longer.

Safe Trading Option:

It’s safer to trade only with a small amount when you want to test a broker. But the problem is, most brokers want you to pay a high amount on every trade.
But BinaryCent has a good option that you can only trade with 10 cents. You can practice and test the broker at the same time. Just request a withdrawal after putting some trade.
As we have mentioned before, a genuine broker will not decline your withdrawal request if they can verify your identity through the verification process. The same things go with Binarycent. And fortunately, they successfully qualify this test.

Finally, we can conclude that it’s not an out and out scam broker at all. It seems that the authority behind this do follow some company ethics. So that traders can trade easily and safely.
But it’s our recommendation that gather enough information and skills before you officially start trading so that you can cut your losss.
submitted by Evileeina to u/Evileeina [link] [comments]

Cromton Tech Recovery Company

Out of the hundreds of binary options brokers in the world, there is only a handful that we currently recommend. These recommendations are based on my experience with the websites, the companies that operate them, and the features and quality each broker offers. Trust is always the number one essential criterion .
Those hundreds of brokers that do not make our recommended list have a variety of problems. Some of them simply do not offer enough in terms of features, while others are incompetently operated. Many however are actually flat-out untrustworthy. They are run by malicious individuals out to rob you. They are scammers, plain and simple. There are a lot of ways that binary options brokers scam customers.
Sell you useless systems and alert services. This is not really a scam you take action on if the systems were provided as a “free” benefit at a certain account tier, and it is questionable whether you could ever report them for it even if you did purchase them. Why? Because in the small print they invariably mention that the system does not guarantee results.
Manipulate expiry times and prices. This is one of the most common binary options scams and Forex scams. You are in a certain trade, and it is set to expire in a few minutes. At the time that the trade is meant to expire, you are in the money. But then for some unimaginable reason, the clock keeps running. A few seconds later, it stops, but the trade is a loser. The broker will claim it is a site error and point toward terms and conditions stating they are not responsible, but it is almost certainly malicious.
Refuse to pay out your money. This is another very common scam. You try to get your money out of your account and get a huge runaround. Either you find yourself wading through excessively complicated terms which are impossible to meet, you keep having to send in paperwork even though you already submitted everything, or the broker just ignores your withdrawal request and possibly disappears after absconding with your money.
What do you do if you think your binary options broker is scamming you?
Well, first off, you have to make sure they are scamming you. It is always a good idea to try to resolve the issue before you assume your broker is maliciously operating. If you cannot get the problem solved, though, you will have to take action against the company.
You can take the case further to a recovery company for them to assist you in recovering your funds from the fraudulent broker and the best company to achieve that for you is Cromton tech.
Cromtontech.org is a recovery company that assist victims of scams and bogus investment platforms to recover their private key and funds back in no time. With proof of transaction you carried out with these bogus investments cromton tech can track this transaction and bring these scammers to justice. With the help of Taintchain ( a new tech that is used by law enforcement to track wallet address), cromton tech has been able to track wallet address and recover funds from those wallet address. Contact cromton tech today for fast and reliable recovery and the best part is that you don’t have to pay for their service charge until your funds have been recovered. I hope this answers your question
submitted by Markdug123 to u/Markdug123 [link] [comments]

Beginner’s Guide to BitMEX

Beginner’s Guide to BitMEX

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Founded by HDR Global Trading Limited (which in turn was founded by former bankers Arthur Hayes, Samuel Reed and Ben Delo) in 2014, BitMEX is a trading platform operating around the world and registered in the Seychelles.
Meaning Bitcoin Mercantile Exchange, BitMEX is one of the largest Bitcoin trading platforms currently operating, with a daily trading volume of over 35,000 BTC and over 540,000 accesses monthly and a trading history of over $34 billion worth of Bitcoin since its inception.

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Unlike many other trading exchanges, BitMEX only accepts deposits through Bitcoin, which can then be used to purchase a variety of other cryptocurrencies. BitMEX specialises in sophisticated financial operations such as margin trading, which is trading with leverage. Like many of the exchanges that operate through cryptocurrencies, BitMEX is currently unregulated in any jurisdiction.
Visit BitMEX

How to Sign Up to BitMEX

In order to create an account on BitMEX, users first have to register with the website. Registration only requires an email address, the email address must be a genuine address as users will receive an email to confirm registration in order to verify the account. Once users are registered, there are no trading limits. Traders must be at least 18 years of age to sign up.
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However, it should be noted that BitMEX does not accept any US-based traders and will use IP checks to verify that users are not in the US. While some US users have bypassed this with the use of a VPN, it is not recommended that US individuals sign up to the BitMEX service, especially given the fact that alternative exchanges are available to service US customers that function within the US legal framework.
How to Use BitMEX
BitMEX allows users to trade cryptocurrencies against a number of fiat currencies, namely the US Dollar, the Japanese Yen and the Chinese Yuan. BitMEX allows users to trade a number of different cryptocurrencies, namely Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple, Tezos and Zcash.
The trading platform on BitMEX is very intuitive and easy to use for those familiar with similar markets. However, it is not for the beginner. The interface does look a little dated when compared to newer exchanges like Binance and Kucoin’s.
Once users have signed up to the platform, they should click on Trade, and all the trading instruments will be displayed beneath.
Clicking on the particular instrument opens the orderbook, recent trades, and the order slip on the left. The order book shows three columns – the bid value for the underlying asset, the quantity of the order, and the total USD value of all orders, both short and long.
The widgets on the trading platform can be changed according to the user’s viewing preferences, allowing users to have full control on what is displayed. It also has a built in feature that provides for TradingView charting. This offers a wide range of charting tool and is considered to be an improvement on many of the offering available from many of its competitors.
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Once trades are made, all orders can be easily viewed in the trading platform interface. There are tabs where users can select their Active Orders, see the Stops that are in place, check the Orders Filled (total or partially) and the trade history. On the Active Orders and Stops tabs, traders can cancel any order, by clicking the “Cancel” button. Users also see all currently open positions, with an analysis if it is in the black or red.
BitMEX uses a method called auto-deleveraging which BitMEX uses to ensure that liquidated positions are able to be closed even in a volatile market. Auto-deleveraging means that if a position bankrupts without available liquidity, the positive side of the position deleverages, in order of profitability and leverage, the highest leveraged position first in queue. Traders are always shown where they sit in the auto-deleveraging queue, if such is needed.
Although the BitMEX platform is optimized for mobile, it only has an Android app (which is not official). There is no iOS app available at present. However, it is recommended that users use it on the desktop if possible.
BitMEX offers a variety of order types for users:
  • Limit Order (the order is fulfilled if the given price is achieved);
  • Market Order (the order is executed at current market price);
  • Stop Limit Order (like a stop order, but allows users to set the price of the Order once the Stop Price is triggered);
  • Stop Market Order (this is a stop order that does not enter the order book, remain unseen until the market reaches the trigger);
  • Trailing Stop Order (it is similar to a Stop Market order, but here users set a trailing value that is used to place the market order);
  • Take Profit Limit Order (this can be used, similarly to a Stop Order, to set a target price on a position. In this case, it is in respect of making gains, rather than cutting losses);
  • Take Profit Market Order (same as the previous type, but in this case, the order triggered will be a market order, and not a limit one)
The exchange offers margin trading in all of the cryptocurrencies displayed on the website. It also offers to trade with futures and derivatives – swaps.

Futures and Swaps

A futures contract is an agreement to buy or sell a given asset in the future at a predetermined price. On BitMEX, users can leverage up to 100x on certain contracts.
Perpetual swaps are similar to futures, except that there is no expiry date for them and no settlement. Additionally, they trade close to the underlying reference Index Price, unlike futures, which may diverge substantially from the Index Price.
BitMEX also offers Binary series contracts, which are prediction-based contracts which can only settle at either 0 or 100. In essence, the Binary series contracts are a more complicated way of making a bet on a given event.
The only Binary series betting instrument currently available is related to the next 1mb block on the Bitcoin blockchain. Binary series contracts are traded with no leverage, a 0% maker fee, a 0.25% taker fee and 0.25% settlement fee.

Bitmex Leverage

BitMEX allows its traders to leverage their position on the platform. Leverage is the ability to place orders that are bigger than the users’ existing balance. This could lead to a higher profit in comparison when placing an order with only the wallet balance. Trading in such conditions is called “Margin Trading.”
There are two types of Margin Trading: Isolated and Cross-Margin. The former allows the user to select the amount of money in their wallet that should be used to hold their position after an order is placed. However, the latter provides that all of the money in the users’ wallet can be used to hold their position, and therefore should be treated with extreme caution.
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The BitMEX platform allows users to set their leverage level by using the leverage slider. A maximum leverage of 1:100 is available (on Bitcoin and Bitcoin Cash). This is quite a high level of leverage for cryptocurrencies, with the average offered by other exchanges rarely exceeding 1:20.

BitMEX Fees

For traditional futures trading, BitMEX has a straightforward fee schedule. As noted, in terms of leverage offered, BitMEX offers up to 100% leverage, with the amount off leverage varying from product to product.
However, it should be noted that trading at the highest leverages is sophisticated and is intended for professional investors that are familiar with speculative trading. The fees and leverage are as follows:
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However, there are additional fees for hidden / iceberg orders. A hidden order pays the taker fee until the entire hidden quantity is completely executed. Then, the order will become normal, and the user will receive the maker rebate for the non-hidden amount.

Deposits and Withdrawals

BitMEX does not charge fees on deposits or withdrawals. However, when withdrawing Bitcoin, the minimum Network fee is based on blockchain load. The only costs therefore are those of the banks or the cryptocurrency networks.
As noted previously, BitMEX only accepts deposits in Bitcoin and therefore Bitcoin serves as collateral on trading contracts, regardless of whether or not the trade involves Bitcoin.
The minimum deposit is 0.001 BTC. There are no limits on withdrawals, but withdrawals can also be in Bitcoin only. To make a withdrawal, all that users need to do is insert the amount to withdraw and the wallet address to complete the transfer.
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Deposits can be made 24/7 but withdrawals are processed by hand at a recurring time once per day. The hand processed withdrawals are intended to increase the security levels of users’ funds by providing extra time (and email notice) to cancel any fraudulent withdrawal requests, as well as bypassing the use of automated systems & hot wallets which may be more prone to compromise.

Supported Currencies

BitMEX operates as a crypto to crypto exchange and makes use of a Bitcoin-in/Bitcoin-out structure. Therefore, platform users are currently unable to use fiat currencies for any payments or transfers, however, a plus side of this is that there are no limits for trading and the exchange incorporates trading pairs linked to the US Dollar (XBT), Japanese Yen (XBJ), and Chinese Yuan (XBC).
BitMEX supports the following cryptocurrencies:
  • Bitcoin (XBT)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)
  • Ripple Token (XRP)
  • Monero (XMR)
  • Dash (DASH)
  • Zcash (ZEC)
  • Cardano (ADA)
  • Tron (TRX)
  • EOS Token (EOS)
BitMEX also offers leverage options on the following coins:
  • 5x: Zcash (ZEC)
  • 20x : Ripple (XRP),Bitcoin Cash (BCH), Cardano (ADA), EOS Token (EOS), Tron (TRX)
  • 25x: Monero (XMR)
  • 33x: Litecoin (LTC)
  • 50x: Ethereum (ETH)
  • 100x: Bitcoin (XBT), Bitcoin / Yen (XBJ), Bitcoin / Yuan (XBC)

Trading Technologies International Partnership

HDR Global Trading, the company which owns BitMEX, has recently announced a partnership with Trading Technologies International, Inc. (TT), a leading international high-performance trading software provider.
The TT platform is designed specifically for professional traders, brokers, and market-access providers, and incorporates a wide variety of trading tools and analytical indicators that allow even the most advanced traders to customize the software to suit their unique trading styles. The TT platform also provides traders with global market access and trade execution through its privately managed infrastructure and the partnership will see BitMEX users gaining access to the trading tools on all BitMEX products, including the popular XBT/USD Perpetual Swap pairing.
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The BitMEX Insurance Fund

The ability to trade on leverage is one of the exchange’s main selling points and offering leverage and providing the opportunity for traders to trade against each other may result in a situation where the winners do not receive all of their expected profits. As a result of the amounts of leverage involved, it’s possible that the losers may not have enough margin in their positions to pay the winners.
Traditional exchanges like the Chicago Mercantile Exchange (CME) offset this problem by utilizing multiple layers of protection and cryptocurrency trading platforms offering leverage cannot currently match the levels of protection provided to winning traders.
In addition, cryptocurrency exchanges offering leveraged trades propose a capped downside and unlimited upside on a highly volatile asset with the caveat being that on occasion, there may not be enough funds in the system to pay out the winners.
To help solve this problem, BitMEX has developed an insurance fund system, and when a trader has an open leveraged position, their position is forcefully closed or liquidated when their maintenance margin is too low.
Here, a trader’s profit and loss does not reflect the actual price their position was closed on the market, and with BitMEX when a trader is liquidated, their equity associated with the position drops down to zero.
In the following example, the trader has taken a 100x long position. In the event that the mark price of Bitcoin falls to $3,980 (by 0.5%), then the position gets liquidated with the 100 Bitcoin position needing to be sold on the market.
This means that it does not matter what price this trade executes at, namely if it’s $3,995 or $3,000, as from the view of the liquidated trader, regardless of the price, they lose all the equity they had in their position, and lose the entire one Bitcoin.
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Assuming there is a fully liquid market, the bid/ask spread should be tighter than the maintenance margin. Here, liquidations manifest as contributions to the insurance fund (e.g. if the maintenance margin is 50bps, but the market is 1bp wide), and the insurance fund should rise by close to the same amount as the maintenance margin when a position is liquidated. In this scenario, as long as healthy liquid markets persist, the insurance fund should continue its steady growth.
The following graphs further illustrate the example, and in the first chart, market conditions are healthy with a narrow bid/ask spread (just $2) at the time of liquidation. Here, the closing trade occurs at a higher price than the bankruptcy price (the price where the margin balance is zero) and the insurance fund benefits.
Illustrative example of an insurance contribution – Long 100x with 1 BTC collateral
https://preview.redd.it/is89ep924cc41.png?width=699&format=png&auto=webp&s=f0419c68fe88703e594c121b5b742c963c7e2229
(Note: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments.
The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,978, representing $1 of slippage compared to the $3,979 bid price at the time of liquidation.)
The second chart shows a wide bid/ask spread at the time of liquidation, here, the closing trade takes place at a lower price than the bankruptcy price, and the insurance fund is used to make sure that winning traders receive their expected profits.
This works to stabilize the potential for returns as there is no guarantee that healthy market conditions can continue, especially during periods of heightened price volatility. During these periods, it’s actually possible that the insurance fund can be used up than it is built up.
Illustrative example of an insurance depletion – Long 100x with 1 BTC collateral
https://preview.redd.it/vb4mj3n54cc41.png?width=707&format=png&auto=webp&s=0c63b7c99ae1c114d8e3b947fb490e9144dfe61b
(Notes: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments.
The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,800, representing $20 of slippage compared to the $3,820 bid price at the time of liquidation.)
The exchange declared in February 2019, that the BitMEX insurance fund retained close to 21,000 Bitcoin (around $70 million based on Bitcoin spot prices at the time).
This figure represents just 0.007% of BitMEX’s notional annual trading volume, which has been quoted as being approximately $1 trillion. This is higher than the insurance funds as a proportion of trading volume of the CME, and therefore, winning traders on BitMEX are exposed to much larger risks than CME traders as:
  • BitMEX does not have clearing members with large balance sheets and traders are directly exposed to each other.
  • BitMEX does not demand payments from traders with negative account balances.
  • The underlying instruments on BitMEX are more volatile than the more traditional instruments available on CME.
Therefore, with the insurance fund remaining capitalized, the system effectively with participants who get liquidated paying for liquidations, or a losers pay for losers mechanism.
This system may appear controversial as first, though some may argue that there is a degree of uniformity to it. It’s also worth noting that the exchange also makes use of Auto Deleveraging which means that on occasion, leveraged positions in profit can still be reduced during certain time periods if a liquidated order cannot be executed in the market.
More adventurous traders should note that while the insurance fund holds 21,000 Bitcoin, worth approximately 0.1% of the total Bitcoin supply, BitMEX still doesn’t offer the same level of guarantees to winning traders that are provided by more traditional leveraged trading platforms.
Given the inherent volatility of the cryptocurrency market, there remains some possibility that the fund gets drained down to zero despite its current size. This may result in more successful traders lacking confidence in the platform and choosing to limit their exposure in the event of BitMEX being unable to compensate winning traders.

How suitable is BitMEX for Beginners?

BitMEX generates high Bitcoin trading levels, and also attracts good levels of volume across other crypto-to-crypto transfers. This helps to maintain a buzz around the exchange, and BitMEX also employs relatively low trading fees, and is available round the world (except to US inhabitants).
This helps to attract the attention of people new to the process of trading on leverage and when getting started on the platform there are 5 main navigation Tabs to get used to:
  • **Trade:**The trading dashboard of BitMEX. This tab allows you to select your preferred trading instrument, and choose leverage, as well as place and cancel orders. You can also see your position information and view key information in the contract details.
  • **Account:**Here, all your account information is displayed including available Bitcoin margin balances, deposits and withdrawals, and trade history.
  • **Contracts:**This tab covers further instrument information including funding history, contract sizes; leverage offered expiry, underlying reference Price Index data, and other key features.
  • **References:**This resource centre allows you to learn about futures, perpetual contracts, position marking, and liquidation.
  • **API:**From here you can set up an API connection with BitMEX, and utilize the REST API and WebSocket API.
BitMEX also employs 24/7 customer support and the team can also be contacted on their Twitter and Reddit accounts.
In addition, BitMEX provides a variety of educational resources including an FAQ section, Futures guides, Perpetual Contracts guides, and further resources in the “References” account tab.
For users looking for more in depth analysis, the BitMEX blog produces high level descriptions of a number of subjects and has garnered a good reputation among the cryptocurrency community.
Most importantly, the exchange also maintains a testnet platform, built on top of testnet Bitcoin, which allows anyone to try out programs and strategies before moving on to the live exchange.
This is crucial as despite the wealth of resources available, BitMEX is not really suitable for beginners, and margin trading, futures contracts and swaps are best left to experienced, professional or institutional traders.
Margin trading and choosing to engage in leveraged activity are risky processes and even more advanced traders can describe the process as a high risk and high reward “game”. New entrants to the sector should spend a considerable amount of time learning about margin trading and testing out strategies before considering whether to open a live account.

Is BitMEX Safe?

BitMEX is widely considered to have strong levels of security. The platform uses multi-signature deposits and withdrawal schemes which can only be used by BitMEX partners. BitMEX also utilises Amazon Web Services to protect the servers with text messages and two-factor authentication, as well as hardware tokens.
BitMEX also has a system for risk checks, which requires that the sum of all account holdings on the website must be zero. If it’s not, all trading is immediately halted. As noted previously, withdrawals are all individually hand-checked by employees, and private keys are never stored in the cloud. Deposit addresses are externally verified to make sure that they contain matching keys. If they do not, there is an immediate system shutdown.
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In addition, the BitMEX trading platform is written in kdb+, a database and toolset popular amongst major banks in high frequency trading applications. The BitMEX engine appears to be faster and more reliable than some of its competitors, such as Poloniex and Bittrex.
They have email notifications, and PGP encryption is used for all communication.
The exchange hasn’t been hacked in the past.

How Secure is the platform?

As previously mentioned, BitMEX is considered to be a safe exchange and incorporates a number of security protocols that are becoming standard among the sector’s leading exchanges. In addition to making use of Amazon Web Services’ cloud security, all the exchange’s systems can only be accessed after passing through multiple forms of authentication, and individual systems are only able to communicate with each other across approved and monitored channels.
Communication is also further secured as the exchange provides optional PGP encryption for all automated emails, and users can insert their PGP public key into the form inside their accounts.
Once set up, BitMEX will encrypt and sign all the automated emails sent by you or to your account by the [[email protected]](mailto:[email protected]) email address. Users can also initiate secure conversations with the support team by using the email address and public key on the Technical Contact, and the team have made their automated system’s PGP key available for verification in their Security Section.
The platform’s trading engine is written in kdb+, a database and toolset used by leading financial institutions in high-frequency trading applications, and the speed and reliability of the engine is also used to perform a full risk check after every order placement, trade, settlement, deposit, and withdrawal.
All accounts in the system must consistently sum to zero, and if this does not happen then trading on the platform is immediately halted for all users.
With regards to wallet security, BitMEX makes use of a multisignature deposit and withdrawal scheme, and all exchange addresses are multisignature by default with all storage being kept offline. Private keys are not stored on any cloud servers and deep cold storage is used for the majority of funds.
Furthermore, all deposit addresses sent by the BitMEX system are verified by an external service that works to ensure that they contain the keys controlled by the founders, and in the event that the public keys differ, the system is immediately shut down and trading halted. The exchange’s security practices also see that every withdrawal is audited by hand by a minimum of two employees before being sent out.

BitMEX Customer Support

The trading platform has a 24/7 support on multiple channels, including email, ticket systems and social media. The typical response time from the customer support team is about one hour, and feedback on the customer support generally suggest that the customer service responses are helpful and are not restricted to automated responses.
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The BitMEX also offers a knowledge base and FAQs which, although they are not necessarily always helpful, may assist and direct users towards the necessary channels to obtain assistance.
BitMEX also offers trading guides which can be accessed here

Conclusion

There would appear to be few complaints online about BitMEX, with most issues relating to technical matters or about the complexities of using the website. Older complaints also appeared to include issues relating to low liquidity, but this no longer appears to be an issue.
BitMEX is clearly not a platform that is not intended for the amateur investor. The interface is complex and therefore it can be very difficult for users to get used to the platform and to even navigate the website.
However, the platform does provide a wide range of tools and once users have experience of the platform they will appreciate the wide range of information that the platform provides.
Visit BitMEX
submitted by bitmex_register to u/bitmex_register [link] [comments]

Binary Option Recovery

Sincerely been through it, I have seen it happen and it affected me to the extent of suicidal thought. All because I put my all in, for the trust in it.
Binary Options has been polluted with a lot of scam brokers taking advantage of people's greed and ignorance. As the right thing to do is to do extensive research on anything you are investing on in the Internet age.
I was swindled of $100,000 from COINFINEX, the broker (Adams) did not bother respond to my request for withdrawals, but rather, he encouraged me to invest more because anytime I call it is coincidentally the best time to invest and make triple or more. Watching my money pile up online, I felt a need for withdraw, he did not respond after a mail he sent explaining their security system is undergoing security checks and back to serve me better. He came up with a lot of stories and finally stopped responding. It was tough to accept I have been duped of $100,000 excluding bonus.I became bankrupt, sad and sober until I found "recovery aid" via Skype. Recovery Aid helped me recover all my funds without time wasting. I only had to share all the transactional details between COinfinex and I. High profile customer relation, always pouring kind words to calm my soul, while they give assurance that I did smile again.
They made it look easy, bright smile is assured with "Recovery Aid." Be informed before investing in anything. Thank you.
submitted by binaryROn to u/binaryROn [link] [comments]

Overview of the Middle East in 2015 [Paladin]

So, here’s a glimpse at the world map for my superhero setting, Paladin, specifically focusing on the Middle East.
Much of the history of the Middle East went as we know it in our timeline, even with the addition of Metahumans and advanced technologies since 1945. Israel was established, and Metahuman soldiers fought on both sides, with the Israelis emerging victorious each time; European powers withdrew from the region, etc. A few things go differently, though; for instance, Dubai blossoms into a metropolis much sooner than in our timeline. In general, though, everything went as we might expect, until 1980. That was when World War III (1980-1984) broke out, and the villainous forces of the New Order fell upon the Middle East.
Spearheading the New Order’s efforts in the Arabian Peninsula was the S-rank supervillain, Set. A sociopath with the ability to control sand, Set made his base of operations in the shining city of Dubai, and created a massive sand storm that threatened to swallow the entire region.
Ultimately, Set was defeated by the combined forces of two unlikely heroes: an Israeli superhero named Golem and a Palestinian superheroine named Simurgh. The former had the ability to create automatons out of clay, mud and dirt, whilst the latter could take the form of a fiery six-winged bird, as well as transfer her energy into others to enhance their own abilities. They both did their best to fight Set, but in the end the situation required them to not only to work together, but to sacrifice their lives in order to save the Middle East. Simurgh transferred 100% of her power into Golem, who then poured everything he had into a ten-mile-tall colossus of mud and sea water, which he directed to destroy Set. Set, along with the entire city of Dubai, was crushed and buried under half a mile of earth. The Middle East was saved. The war would still rage on for two and a half more years, but without Set, the forces of the New Order were far, far easier to fight.
The lasting legacy of Golem and Simurgh’s sacrifice was a lasting peace between the Israelis and Palestinians, and the creation of the Federal Union of Israel and Palestine, a secular, bi-national confederation of two peoples united by the sacrifices of each other’s children. Between 1995 and 2006, a colossal bridge covered in solar panels was constructed, connecting the West Bank to Gaza. Today, almost a million people live on the Shalam Bridge.
Riyadh was destroyed by Set, killing most of the Saudi Royal Family. When the sand settled, the Saudi Civil War began, and didn’t end until 1999, with the Treaty of Kuwait City. The former territory of Saudi Arabia was broken up, with the oil-rich region of Nejd going to the Gulf Alliance, a confederation of Persian Gulf states, which had occupied Nejd for almost all of the Saudi Civil War. The last remnants of the Saudi Royal Family were put in charge of a revived Kingdom of Saudi Arabia, based in Jeddah. The Jordanians donated a member of their royal family to sit on the throne of the Kingdom of Hashemite Arabia, based in Tabuk. And lastly, all involved officially recognized the Free Territory of the Holy Cities, which was established during World War III by an international group of Muslim superheroes to protect Mecca and Medina first from Set, and then from the Saudi Civil War.
The Gulf Alliance is surprisingly progressive and forward thinking in its own way. As the region hardest-hit by Set’s rampage, it made sense for the governments of Kuwait, Bahrain, Qatar, Oman and the UAE to pool their resources in order to rebuild. Though most of the Middle East has been surprisingly welcoming to alien refugees from the moon (long story), due to the massive regional drop in population brought on by Set’s Storm, the Gulf Alliance has welcomed in the most. Though the Alliance itself is mostly secular, the locals have been rather successful at converting the alien newcomers to Islam. Work is still underway to dig up many of the destroyed oil wells, even as the world is moving towards more and more renewable energy.
As for Saudi Arabia and Hashemite Arabia, the latter is a moderate Arab constitutional monarchy, the former…isn’t. The degree to which it isn’t is kinda shocking, actually. Hashemite Arabia lets their women run for positions in parliament; Saudi Arabia 2.0 doesn’t permit women to leave their homes. Hashemite Arabia is debating abolishing the death penalty; Saudi Arabia doesn’t even have prisons – they have a waiting list for the guy with the scimitar who beheads people for anything from theft to lying about one’s virginity. Saudi Arabia is also backing North Yemen’s now-radicalized Royal Army (more on that clusterfuck later).
Moving across the Red Sea, we have the Arab Republic of Egypt, which…well, let’s just say, they have some interesting residents these days. During World War III, Egypt came under siege by the New Order, with the Nile Delta the site of some of the war’s most intense fighting. On one side, the New Order – supervillains, Taurus Group ground and air forces, robots, dinosaurs, African mercenaries, and thousands of undead Nazi soldiers. On the other side, the Allied forces – the Egyptian Army and local Egyptian superheroes, plus some unlikely back-up from the Muslim Brotherhood and the Israeli Air Force. However, the Allies were losing. Badly. So badly that the Egyptian government activated its covert “Osiris Plan”.
See, Taurus Group was able to resurrect the entire Wehrmacht by activating what’s known as a “Charnel Womb” (another long story), which the Nazis created in 1938 through their use of arcane science and mysticism. However, top secret archeological discoveries revealed that the Ancient Egyptians created their own, much more advanced Charnel Womb. Which Egyptian government agents activated. They were then greeted by an undead Metahuman pharaoh by the name of Neherkamun. Surprisingly reasonable, Neherkamun agreed to aid the Egyptian government. In exchange for some concessions later.
Five days later, hundreds of thousands of skeletons, mummies and zombies rode towards the Cairo war zone, astride skeletal and mummified horses, clad in bronze/crocodile leather armor, wielding swords, spears, axes, AK’s, RPK’s, RPG’s and PKM’s, backed up by lich-sorcerers and animated statues armed with massive clubs and scythes – this undead horde charged into Cairo, Alexandria and Giza, to liberate their once and forever homeland from the forces of evil. The forces of the dead were enough to turn the tide in favor of the Allies. With the New Order defeated in Egypt, the Egyptian Army and their new undead comrades then moved to assist Gaddafi in neighboring Libya.
The Egyptian government held up their end of the bargain with Neherkamun and created the Autonomous Region of the Dead in 1990, as an autonomous domain for Egypt’s new undead citizenry. The living are permitted to live in the ARD, though at this point, the dead outnumber them in cities like Luxor (renamed Waset), Edfu (Behdet) and Aswan (Swenett). Neherkamun visited Las Vegas in 1996 (when the city was rebuilt following the devastation it suffered during WW3), and was very much impressed; today, the nightlife in Waset, Behdet and Swenett is a strange Ancient Egyptian-themed neon rainforest with very friendly dead people walking around the gentrified necropolis, with street signs in both Arabic and hieroglyphics. In 1999, another autonomous region for the undead was created in the north of the country – the Autonomous Region of Giza, which has become even more of a tourist-y place than before, now that you can have a friendly conversation with the people who actually built the pyramids. Both autonomous regions have Neherkamun as their constitutional monarch, and all residents of the undead autonomous regions are members of the Egyptian republic.
What are the attitudes of living Egyptians towards their undead countrymen? Surprisingly positive, actually. Sure, some fundamentalists regard them as “spawn of Iblis”, but the undead have been a fairly…secularizing influence on Egypt. Being able to talk with your oldest ancestors brought about a revival of cultural interest in Ancient Egyptian history amongst the Egyptian youth, which pervades. Many undead are still waking up to this day, and they tend to be very, very curious about this new world that they find themselves in – familiar and yet so very strange. It’s not uncommon to see Undead Egyptians visiting Paris, New York, Rio, Tokyo or Moscow, though since most were peasants when they died, most simply remain in Egypt. Some Undead Egyptians have converted to Islam, but the overwhelming majority continue to worship the old gods of the Nile. 2015’s Miss Egypt is the very well-preserved Nefertiti, who became the first undead individual to win such a title.
To the south of Egypt, one can see two grey-ish territories. Before World War III, these were the disputed territories of Bir Tawil and the Hala’ib Triangle. During the war, the New Order made extensive use of combat robots during their invasion of Sudan, Eritrea, Somalia, Djibouti and Ethiopia. However, during the massacre of a village in Sudan in 1983, a simple infantry robot with the designation T9X1109 spontaneously developed sentience and led an uprising within Taurus Group’s mechanical legions in northwest Africa, establishing connections with other “enlightened autonomatons” and “uplifting” those who were not so “enlightened”. T9X1109’s mutiny was mostly successful, and he made an offer to the UN’s Joint Allied Command; in exchange for withdrawing from the conflict, T9X1109 and his “people” would be allowed to settle these disputed territories as a “homeland” for sentient machines. A neutral “machine homeland”, the Republic of 01001001 (binary for “I”; commonly called “01” or “Zero-One”), was created in 1984. In the years since the end of WW3, many machine intelligences have immigrated to this harsh and bitter desert nation, which is covered in solar panels to provide vital electricity for its approximately ~41,233 intelligences. Increasingly, cyborg transhumanist types have made their “pilgrimage” to Zero-One as well, where they evangelize their strange techno-religion to the human refugees from neighboring war-torn Sudan who’ve been permitted to seek refuge in the mechanical country (this is one reason why Cairo likes Zero-One: it’s a convenient Sudanese refugee sponge of sorts). Zero-One has a strictly pacifistic constitution and possesses no military. Its economy is based mostly on production of batteries.
Saddam Hussein’s regime performed impressively during WW3, and he was able to win over much of the public as a result. But he over-played his hand, and thought he could go back to his old ways. He was wrong, and an idealistic, Western-educated superhero by the name of Ninurta (real name: Mohammed Al-Doori) led the uprising against Saddam in 2002. His parents fled Iraq for Canada shortly after the Ba’athists came to power in Iraq in 1968, and young Mohammed longed to return to free his homeland. After deposing Saddam, the eagle-headed superhero abolished the Ba’athist regime and replaced it with a secular, democratic government – the Mesopotamian Confederation of Iraq, with himself as its wise and benevolent dictator. Every office and position in the new Iraq is elected through a multi-party democratic system, with the exception of Ninurta’s position as President. The Federation is divided into six autonomous republics, plus the independent capital district of Baghdad. The six “Mesopotamian Republics” are Babylonia (Sunni Arab majority), Sumeria (Shiite Arab majority), Kurdistan (Kurdish majority), Assyria (Christian Assyrian majority), Sinjar (Yazidi majority) and Akkad (Turkman majority). Under Ninurta’s rule, much has been done to mitigate the country’s historical ethnic tensions and to modernize Iraq. Though most of the time, Ninurta is busy helping to build infrastructure, or assisting the Iraqi Defense Forces with rooting out Islamist or Ba’athist terrorists; there are fundamentalist Muslims who disapprove of Ninurta’s love affair with ancient Mesopotamia or take issue with his atheism, and the Ba’athists are salty that he overthrew Saddam.
To the east of Iraq is the Persian Technate. In 1979-1980, Iran was a country on the verge of revolution, and between despotic monarchs and totalitarians of both the Islamist and Marxist variety, a low-level Metahuman supergenius by the name of Hamid Mousavi created a fourth option for his beloved Iranian homeland – a secular, scientifically-minded brand of populist technocracy. World War III began shortly after the Iranian Revolution, and amid the chaos, with loyalist and revolutionary forces and third and fourth parties fighting each other and the New Order, the Iranian Technocratic Revolutionary Army managed to fight its way to be top dog in the Iran Theatre. When all was said and done, Mousavi effectively controlled the country, thanks to his brilliant grasp of strategy and his charismatic brand of “scientific populism”. In 1986, the Iranian Revolution ended, and the Persian Technate was officially recognized by the US and USSR. Today, the Persian Technate is a rationalist, secular regime governed by scientists, engineers, mathematicians. The Technate’s not very democratic, and though they have a lot of fancy doo-dads, the planned economy is kinda mediocre. Following the death of Mousavi in 2010, his successor’s lack of charisma isn’t helping the growing sense of dissatisfaction with the eggheads ruling Iran.
Turkey has not had a fun time. During World War III, the country was invaded by Taurus Group, backed by Reticulan tripods. Immediately prior to the start of the war, Turkey’s military government was devastated by a string of assassinations carried out by ninjas sent by the Red Hand. To add fuel to the fire, a very young Metahuman in the province of Bayburt experienced a panic attack, unleashing all of its power at once. That glowing blue orb and the “Gulf of Trabzon” you see? That’s the result. The shockwaves resulted in earthquakes across Turkey and tsunamis along the Soviet coastline in the eastern Black Sea, killing upwards of a million people.
Despite all this chaos, the splintered and factionalized Turkish armed forces were able to liberate their homeland from the New Order. Following the end of hostilities in 1984, the National Transitional Council of Turkey was formed, bringing the three main factions of the Turkish Army together – a secular republican faction, a “theodemocratic” Islamist faction, and a Neo-Ottmanist faction advocating for a constitutional monarchy. Negotiations were tense, with militias and paramilitaries clashing in the streets across Turkey, Turkish and Armenian separatists making their moves, and the Syrians expanding their sphere of influence into Hatay. The Turkish national election of 1995 ended badly, with violence raging across the country and the military factions breaking away from the NTCT to back their political allies in the streets. The Turkish Civil War (1995-2001) had begun.
When the dust settled in 2001, a NATO intervention in Turkey resulted in a negotiated ceasefire brokered by the Sentinel Coalition (which still occupies the Bosporus Straits). The country was now divided into the Republic of Turkey (“Republican Turkey”, Istanbul), the Islamic Republic of Turkey (“Islamic Turkey”, Ankara) and the Sultanate of Turkey (“Ottoman Turkey”, Adana). That last one is a mostly-secular constitutional monarchy headed by Dündar Ali Osman, the last heir of the old House of Osman. Relations between the “Three Turkeys” have been tense at times, with Islamic Turkey currently in the midst of a military build-up, fearing the growing ties between Republican and Ottoman Turkey.
Istanbul, Ankara and Adana were all forced to recognize the independence of Kurdistan, as well as, more controversially, the Free State of Izmir.
Allow me to explain Izmir. At the start of the Turkish Civil War, a giant, tentacled Kaiju by the name of Atlas took advantage of the chaos in Turkey to take over Izmir and the surrounding area from the Republican and Islamist forces fighting there. A fan of Ayn Rand, Atlas decided to turn Izmir into his own little capitalist utopia. And the people living there decided to go along with the 300-foot beast’s plan. Today, Izmir is a city in the vein of Las Vegas, Singapore and Bangkok – a free market wonderland of Ottoman and Art Deco architecture with its dictator spending most of his time along the bottom of the Gulf of Izmir.
The People’s Republic of Kurdistan started out as a socialist republic ruled by the PKK (Kurdistan Worker’s Party). Backed by the USSR, Kurdistan made the transition to a multi-party social democracy in 2004.
Meanwhile, in Republican Turkey’s far-eastern provinces the unrecognized and widely-hated “Armenian Republic of Tačkahayastan” claims authority there. The ART is headed by a pyrokinetic Metahuman and Armenian ultra-nationalist by the name of Azhdahak, who is overseeing a rather ironic campaign of ethnic cleansing against the local Turks. Republican Turkey keeps asking Armenia to do something about the flow of arms that’s obviously coming across their border, to which Armenia shrugs and plays stupid every time. Increasingly, however, more and more Armenians are deciding to agitate in favor of ending the madness, and the Soviets are getting around to tapping Yerevan on the shoulder.
North Yemen is…yeah, pretty much a clusterfuck.
The Mutawakkilite Kingdom (North Yemen) and the People’s Democratic Republic of Yemen (South Yemen) put their differences aside to fight against the New Order, and more or less reached a state of détente with the war’s conclusion. This lasted about 30 years.
Around 2010, the failing Mutawakkilite monarchy began experiencing major uprisings by left-wing protestors backed by South Yemen. On the brink of civil war, and with much of the kingdom’s military siding with the protestors, the Yemeni monarchy made the very, very questionable decision to ally with a supervillain by the name of The Claw. For a while, The Claw was able to keep things under control, though on his watch, North Yemen increasingly became a police state. At the same time, The Claw started to gain his share of odd supporters from the populace. Believing that they could take over the security infrastructure The Claw had built, the Mutawakkilites tried and failed to assassinate him in 2013. Almost immediately afterwards, The Claw staged a coup, backed by his private army of cyborg mercenaries and his following of Yemeni supporters. The Mutawakkilites fled to Saudi Arabia while the Royal Army remained to fight against The Claw’s army, and the left-wing North Yemen Democratic Forces rose up. The North Yemen Civil War had begun. South Yemen continued to back the NYDF, but stopped short of committing their forces to the three-way conflict, believing that the Royalists (backed by Saudi Arabia) and The Claw’s forces (backed by nobody) could be easily defeated. South Yemen’s military was actually busy assisting the Soviets and Ethiopians in Somalia during most of the North Yemen Civil War.
Then, in 2014, half of Aden was ripped a series of explosions in the early morning hours. Suicide bombers, whose explosives were traced back to The Claw’s growing transhumanist cult of cyborgs. Though The Claw himself denounced the attack as the actions of a rogue henchmen acting against his orders, South Yemen announced that it would be withdrawing its forces from Somalia to “rectify a previous error in judgement” and invade North Yemen. The Soviet Union and Egypt have both agreed to back South Yemen’s move and have committed troops to backing the NYDF.
So, conclusion? Middle East is a bit of a mixed bag. Some good, some bad, lots of interesting, I suppose.
submitted by NK_Ryzov to FantasyWorldbuilding [link] [comments]

Welcome to the Binary.com ICO subreddit

Welcome!

Hi everyone! Welcome to the dedicated subreddit for the Binary.com Initial Coin Offering (ICO).  
The aim of this subreddit is to provide a safe and thriving discussion space for traders, investors, developers, partners, and just about anyone who’s interested in investing in the Binary.com ICO or in learning how an ICO works.  
We’ll be posting news and updates, especially about our upcoming ICO, and we’d love to see you share your thoughts, ideas, and relevant links that you think might interest the community.  
We genuinely believe our ICO and the concept of “smart tokens” can usher in the next wave of ICOs that are best described as “IPOs on the blockchain”.  
Learn more about our ICO at https://ico.binary.com.  

Our commitment to cryptocurrencies and blockchain technology

We are one of the first online trading platforms to offer cryptocurrency denominated accounts (e.g. BTC and LTC) whereby clients can deposit, trade, and withdraw their winnings –– all in the cryptocurrency of their choice. We have further plans to incorporate blockchain technology and reshape our award-winning trading platform for a blockchain-based future.  

Why crypto?

We absolutely believe in the transformational power of cryptocurrencies for several reasons, including the fact that banking as an industry is outdated and ripe for disruption –– especially when it comes to payments and international transfers.  

Who are we?

Binary.com (formerly BetOnMarkets.com) is the pioneer in online binary options trading. We started out in 2000 to make binary options –– also known as fixed-odds financial trading –– easily available to ordinary investors worldwide. Before we came onto the scene, binary options were typically traded only in large quantities.  
In 2016, we ventured into Forex and CFD trading with the MetaTrader 5 platform. In May 2017, we added cryptocurrencies to the list of tradable assets on our MT5 platform, starting with BTC/USD. This was followed by ETH/USD and LTC/USD a month later.  

Links and stuff

Here are some other useful links forthose wanting to find out more about who we are what we do:
Read press coverage on our ICO:
P.S. Check out the sidebar for more cool links!
submitted by binary_reddit to binary_ico [link] [comments]

Toroption Scam - Do Not Invest!

My name is Omar and I have made an “investment” With TorOption.com in the hope to better my life and I have been scammed, here is my story:
I came across TorOption through social media (Facebook to be exact) and was interested in making some extra cash on the side, I did not know much about Binary Options nor Trading for that matter, but I was interested in finding out more.
Shortly after creating an account with TorOption Scott from Toroption contacted me and began telling me stories about the benefits of working with them and how it has helped so many people better their lives from a financial perspective. He pushed me to deposit money into my account in order for me to be able to “trade”. The minimum investment was 250.00 USD which I went ahead and put through to see what could possibly happen.
In order to protect themselves, they asked me for copies of the card I used to deposit the money with, they took a copy of my ID and proof of address in order for them to cover themselves and make it seem “Justified”, they even made me sign a declaration form of deposit, everything that they can use against me moving forward.
My account was created one the Toroption website which you can search for and find, This is when the scam began and must I say, what professional scammers they are…
We began trading with the small amount of 250.00 USD and they showed me a few winning trades which made me feel as if this actually might be the real deal, please note that this was all through their website and this information might be portrayed and adjusted as they see fit as it is a proxy. Website.
When I asked to withdraw my winnings, they would always ask me why? And “Are you in this for a couple hundred dollars? Or are you here to make real money?” Which pushed me to invest another 1,350.00 USD. They started making me feel as if I was special using the “Bonus” Scheme which basically provides me with extra money provided by TorOption to trade further and open further positions.
As time went by and we began trading they continued to push me to invest further and further. The broker that goes by the name of Dina, l continued to push me to invest further by claiming that she operates on a commission basis and that should I wish to continue to get her advice on what positions to place, I need to invest further, I recall her saying “Why would I trade with a thousand dollars or 2 thousand dollars, the commission won’t even buy my lunch!”. Given the fact I had no experience with trading and what positions to put, I felt pressured into investing more to keep her advising me on what positions to place. So I went on to invest an additional 6,200.00 USD.
After putting through some positions and making a few trades, we had lost some of those trades and I became frustrated with her “advice”, I started to request for my money back which she never approved for me.
This is when the second part of the scam began and this went even further, she told me that I should speak to her “Boss” and that he has an offer for me. This is when I met Reda, Reda was telling me “why you want to pull out your money when you haven’t made any real profit yet?”, he continued to play on my emotional vulnerability of asking about my family and what I desire in life.
When he found out that I lost my father last year and that I was struggling to make ends meet, on top of this I have a younger brother who just graduated high school and I am still trying to figure out how I will pay for his university education or the rent and the constant bills, he capitalized on this matter and pushed me to invest even further! I simply told him I do not have the money.
He went on by saying get it from your mother or your friends… I told him that simply is not an option, This is when he played me by offering me what they call an “Insurance Contract” He said I am willing to provide you with 3 insurance contracts, each one worth 10,000.00 USD, He claimed that this is the best way to trade with us and that should you fail with the positions, at least your initial investment is safe, on top of this he said that if you invest another 15,000.00 USD I will become an “Executive” Member and that I will have Dina assistance on a weekly basis for market hints and advise on what positions to place.
Hearing this, like a fool I actually went to my mother and got from her 15,000.00 USD and invested with them the full amount in hope to make more money. We began trading on Long Term Binary Trades and actually lost all the major big positions, which meant I had to use my “Insurance Contracts” So they went ahead and “Reimbursed” me the money, or at least as it would show on the account. To leverage our losses from those positions we went on to trade on Gold – Long Term, and we had a strong position put forth with 10,000.00 USD, Dina called and said that this is a 100% in the money and that if I invest another 10,000.00 USD dollars right now, I can leverage all the money we lost previously by “Doubling up” on that position. Again, like a fool, I went ahead and invested another 4,907.00 USD (because it was all the money I had) and she gave me a “bonus” of 5,500.00 USD to double up on the position… which was shortly lost.
Overall, I ended up investing with them a total of 26,707.00 USD and I have gotten back from them a total of 2,918.00 USD… They really scammed me big time.
After all this, I screamed and shouted at Dina and told her I want out, I want my money back, she disappeared for a few days to come back to me and say “I am leaving for a seminar on wall street and Reda (my boss) will take your account from here” The guy I supposedly trusted… and was the major reason why I invested the 15,000.00 USD.
When I spoke to Reda, he told me that I am unable to withdraw any of my money due to the fact that I did not reach the “Minimum turnover required” In order for me to qualify for a withdrawal. He kept saying “I am on your side, I want to help you.” Rather than actually giving me my money, he told me that due to the fact that I took the insurance money, I needed to make enough trades to reach my turnover, which has reached to 1,200,000.00 USD! Which is literally impossible to reach when you have only 15k in your account to trade with.
Now he is asking me to invest even more!! He is claiming that if I invest another 24,000.00 USD I will become a “VIP Member” And will have access to VIP Trades which I currently do not have access to and that my turnover will decrease by 40% which will allow me to make a withdrawal sooner.
After all this happened I started researching online and realized that I am not the only one who got fooled by this scam, many others in my positions have made a similar mistake and these scammers make ridiculous amounts of money off of peoples hard earned money. Toroption is not even licensed no Certified! Finding this out shocked me to my very core.
Reda was asking me to take a loan, borrow from family, friends, he was willing to throw me deeper in debt as long as he keeps getting more money across.
Toroption is a legit scam, they have taken from me a lot of money and the sad part is, it isn’t even about the money, it really cuts you deep, they make you feel like a fool even though I would like to consider myself sharper than others. Your pride takes a hit, you feel embarrassed, and talking about it or even writing about it pains me.
We need to bring them to justice, I am not the only one, many others have made the same mistake I have and I would appreciate your help in getting my money back and stopping them before they scam innocent hard working people moving forward. This company you are supporting is a SCAM! And if you have any business ethics, you will help me fight this off. I have all emails, documents, contracts, etc… everything is available, and I just want this to stop.
I am deep in debt now because of this, my mother does not know of my mistake and she still expects to get her money back which I will get back to her on my own, from my hard earned money, she cannot know that I have been scammed it will break her heart.
At 24 I lost my father and had to become a responsible man I don’t think I was ready for and take care of everything and it is a struggle. For someone to come and take advantage of my situation to make money off of it is sick and disheartening.
This is my story.
Thank you for reading it all the way through.
Are you willing to help me and many others stop this scam from going even further?
Best,
Omar
submitted by Sharif1212 to Scams [link] [comments]

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BitCoin Code Review - SCAM Software Release?!! Does the System oR Software Worth or Scam!!

BitCoin Code Review - SCAM Software Release?!! Does the System oR Software Worth or Scam!!
The Bitcoin Code Review Is The Bitcoin Code Software SCAM Or NOT? The Bitcoin Code Trading Software By Mr. Steve McKay The Bitcoin Code Scam Or Legit? How Does The Bitcoin Code System Work? Is It Possible To Earning Extra Fortune With The Bitcoin Code Software? Discover Today Why Bitcoin Code Trading APP Is The Best for your investment options.
==> First Download Free Bitcoin Code With Bonus $1000 From The Official Website ==>
The Bitcoin Code APP is a new automated robot designed and developed By Steve McKay. You will get to learn its features, pros, about Bitcoin Code Trading APP, How The Bitcoin Code Software Works and much more. Unlike other binary options trading scams that have graced the binary options market passing themselves as genuine The Bitcoin Code Auto Trading Softwares, The Bitcoin Code system is the real deal.
Steve McKay Bitcoin Code Binary Trading System is a brand new signals service that provides all the tools and features designed to make money for you With The Bitcoin Code Website. The Bitcoin Code is composed of experienced traders who have managed to become very successful online finally improving their profits and winning rates.
The Bitcoin Code APP Trading is very popular in many countries around the globe. However, most people still ask the question “can you really make money in The Bitcoin Code Software”. In this The Bitcoin Code Reviews I will try to answer this question and give you more information and tips on how you can make money with The Bitcoin Code Auto Trading Software.
The Bitcoin Code System Overview
Binary Software Name : The Bitcoin Code
Official The Bitcoin Code website : TheBitcoinCode.com
The Bitcoin Code CEO : Steve McKay
Money-back Promise : 2 months
Delivery amount : fast Delivery
The Bitcoin Code Bonus offer :$1000
The Bitcoin Code Download: Free
The Bitcoin Code Review
We are here to decode what The Bitcoin Code has in store for you Does It Works. The Bitcoin Code System is the brain child of Founder Steve McKay. Brian along with his huge effective team of employees has created The Bitcoin Code software which has best binary trading APP in 2017!
The Bitcoin Code software is the best auto trader app launched in the recent times. The Bitcoin Code system has already been proven in over 1,342 trading sessions with only 1 losing day! During the trading day it obviously has some losing trades, but what impressed us about Bitcoin Code software is that it has been making daily profits on such a consistent basis! Bitcoin Code system is capable of fully automated Binary Options trading, as well as semi-automated trading, which is my preferred method.
We have inside knowledge that all their The Bitcoin Code figures are being checked by accountants and lawyers, and have also been submitted to review by the Securities Authority of the US and Japan Stock Exchanges. They wouldn’t do all that unless The Bitcoin Code Investments Ltd is very confident about the outcome!
Hang on, because our The Bitcoin Code Review has a lot more to reveal About The Bitcoin Code system!
Is The Bitcoin Code Software A Really Winning Auto Trader?
Well, actually YES. The Bitcoin Code Investments Ltd is a software developer of high-speed computer that automatically invests the money in the stock exchanges of the world and has only lost once in the last four years. In the past four years, Bitcoin Code system performs trading sessions in 1478 and only once, just the one session ended in loss. The Bitcoin Code system is so easy that you can access the platform using any computer or mobile device, wherever that is based on the web, as long as you have an Internet connection. The Bitcoin Code software can serve as a signal service or work on complete autopilot, which means you do not need to have knowledge of trade or experience to use The Bitcoin Code.
How Does The Bitcoin Code Software Work?
According to Steve McKay, CEO and the Founder of The Bitcoin Code Trading Investments Ltd, “The Bitcoin Code is a trading system something that existing infrastructure and very fast computers used to buy assets, currency and futures and selling in financial markets. They do this throughout the course of the daily trading sessions based on algorithms.
“As another analyst described,” For assets is interest, offering both a buy and sell price. At the end of the day, but sells most of the jobs and earn money. “The Bitcoin Code Investments Ltd. is engaged in 165 exhibitions in 35 countries. The founder and CEO of Steve McKay, who belongs to top 300 list of billionaires by “Forbes” magazine. William R. Johnson, the CEO of the Stock Exchange of New York (1996-2016), is also involved in The Bitcoin Code Software. Although in the overall daily calculations, the trading machine never loses, a small number of speed transactions it performs are actually losses, but victories vastly outnumber the losses.
Apart from manual trading, The Bitcoin Code also has a great auto trading mode which is actually helpful for any newbie out there who is desperately trying to minimize the learning curve and profit something. We really recommend to use the auto trader feature, why? cause we found some amazing results with The Bitcoin Code Software!
To learn more about the Bitcoin Code program or get access to it, click here.
Our The Bitcoin Code Results
Now, to my The Bitcoin Code results. By the time I’m writing this The Bitcoin Code review I have used The Bitcoin Code APP for over 17 Days. During the last 23 sessions, The Bitcoin Code Software traded a total of 174 signals and 137 were ITM. This is an amazing 85% win rate. I made a deposit of $300 with OptionsMaker and invested $50 per each trade (What can I do, I’m usually very skeptic about new binary trading softxware.) My balance today is $3590, which means I’ve made $3090 in just 3 weeks of using The Bitcoin Code Software, with a daily average of over $140 in profits. That’s not bad at all, but it’s hard not to imagine how my profits could have looked like if my trading amount was $1000 (I could have made $280 per day!). By the way, I usually take just 5-8 signals per day and I’m using The Bitcoin Code system in its autopilot mode.
Is The Bitcoin Code SCAM?
The Bitcoin Code is a legit, highly profitable binary options trading system! $350 per day is not the promised $2,500 Per Day, true, but it’s still much better than most of the trading software I’ve seen and also if I’d been investing more than just $50 per trade, I would have made much more money! I’m definitely going to keep on Using The Bitcoin Code Software, but I am going to increase my trade amount to $100-150 per trade.
Nothing we were able to find linked in anyway to this being a scam. We at The Daily Harrison highly recommend The Bitcoin Code Trading software as any novice or experienced trader could be successful with Bitcoin Code software within no time. Hope you have checked my result as well. More over top 3 binary options websites have endorsed The Bitcoin Code and there is no negative response reported so far, which proves that Bitcoin Code software is profit driven with lesser risk factor and hassle free guess work and analysis. Anyway its all up to you to whether get this FREE and Famous auto trader or buy some junk which would cost you more than a thousand bucks and still fails to give any profit.
The Bitcoin Code is a complete package which takes care of all aspects of your trading requirements. One can easily make close to $500 daily and if you are lucky enough then only sky is the limit. The Bitcoin Code System algorithm is one of its kind. Generally, all auto trading software put a single amount of investment on a single asset. Trading Software that uses Binary Options essentially show your potential trade for fixed dollar amount. Either you take or leave it. When The Bitcoin Code APP presents you with a potential trade, The Bitcoin Code Trading software makes multiple small deals in exchange for a higher fixed dollar amount. Instead of offering one trade, you are offered a small portfolio of stock in exchange for better deal for you.
An initial investment of The Bitcoin Code Trading APP just $250 and you are up and running to start trading. $250 is the bare minimum and an accepted industry standard as an initial investment amount. With an ITM hovering around 84%, which is a decent and realistic figure, a serious trader with a decent background can easily make around $3,700-$7,500 every week. The Bitcoin Code offers both Manual and Auto-trading. Each type has its own USPs and you may use whichever suits your style of trading. Trading in Auto-pilot mode is just like as you say earning even in your sleep. Just keep your The Bitcoin Code software running and let The Bitcoin Code do the trade for you.
If you are a novice, we would recommend you start trading with the Auto trading option and learn the nuances of the trade. Only after you’ve gained enough insight into how The Bitcoin Code does the trade for you, you should move towards Manual stuff. Imagine what sort of a surprise it would be to see money just discretely scurried into your bank account overnight! Well, one can’t describe that feeling. Manual mode allows you more discretion. You can choose your trades yourself if your experience or intuition prods you to.
The Bitcoin Code allows you to trade in almost all the commonly traded assets there are. Be its stocks, currency pairs, indices or commodities. With a wide portfolio of assets available at your disposal, you can just make a selection. High/Low, Short-term, One Touch and Long-Term, Boundary trading options have become a norm. The Bitcoin Code also lets you Follow other traders. Whatever a trader you are following is trading with, whatever he is gaining or losing, you get to see it all. You can also Copy your own trades on the lines of other successful traders you deem impressive. Whats motivating is, you also get to see the live trades of a few Hall of Fame traders who are featured on the Home Page of The Bitcoin Code Website.
Initially, The Bitcoin Code software is being given for free to a hand-picked few guys and if you are among those lucky guys, you can also get your hands around it. What The Bitcoin Code is looking for at the moment is to share free copies of Bitcoin Code software to a handful of Beta-testers. Years of research and work have gone behind The Bitcoin Code, you see today. As with anything that has so creatively and carefully crafted for perfection, The Bitcoin Code creators do not want to let any glitches or short-comings creep into their public release. Your only job would be to provide invaluable feedback on the software’s working and whether it goes down well to satisfy your earning targets. And guess what, all this while you enjoy all the benefits of this software which in some days from now would be available for no less than a couple of thousands dollars. (Note that all beta testers will get a free lifetime license copy of The Bitcoin Code, so I recommend all of my readers to join in The Bitcoin Code system ASAP).
Our Take on The Bitcoin Code
You can think for yourself what would be the quality of the product whose creators are geniuses in their own field.
Before taking up this task to review The Bitcoin Code, our team itself procured a copy of the software. We do not believe in blindly following the facts presented to us by the advertorial videos. Rather, we like to get a real-time and first-hand experience before we start preaching the positives or the negatives. Let me tell you, the results we got in the last 3 weeks of using The Bitcoin Code are very encouraging if not downright superb! They claim that The Bitcoin Code trading software has not lost a single trade since the last nine months it has been up and running. Well, it hasn’t for us either. We have been able to round up an ITM of nearly 84% for our trades. Considering the fact that genuine traders, who know their craft well, can rake in very good money with a decent ITM. We’ve seen so many scam software which promise surreal amounts of profits, but are just a decoy and no more.
The Bitcoin Code trading platform as a whole is simple in design yet powerful in action. The feel of the trading dashboard is exciting and that topped up with the kind of profits it makes, the experience is out of the Trading world.
->> Click here to Visit Official Website Now<<-
Is The Bitcoin Code a SCAM?
This is the first question that is bound to come to mind Is The Bitcoin Code Scam? After Weeks of testing and our Binary Options Trading expert team has come to the conclusion that The Bitcoin Code is NOT A Scam. Ask How? A simple test is try to withdraw your profits multiple times and in good numbers. If you are able to do it seamlessly without any caveats involved or any sort of ” No-Go” from your The Bitcoin Code broker, you are in safe hands. We too succeeded to withdraw a part of the close to $17,398 dollars we had made. No questions asked, No Red flags raised!
Update (23 January 2017) – Steve McKay The Bitcoin Code is performing exceptionally well. Many The Bitcoin Code traders are reporting positive results with an average ITM Rate of over 87%.
How To Join in The Bitcoin Code?
Steve McKay The Bitcoin Code software is available for free but to start trading, you need to fund The Bitcoin Code broker account with minimum $250. Follow below steps to join in The Bitcoin Code System.
Enter your E-mail address in the form which is located on the right side of web page and click on “Start Profiting Now!”
Enter more details like Last Name & Phone Number there to complete the The Bitcoin Code registration process. Now, The Bitcoin Code will assign the best broker for you by checking your geographical location. Fund The Bitcoin Code broker’s account with initial deposit of minimum $250.
==> Download Free Bitcoin Code With Bonus $300 From The Official Website ==>
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Alert ! Wall Street Focus Group Review - 100% Working - Wall Street Focus Group Software

Alert ! Wall Street Focus Group Review - 100% Working - Wall Street Focus Group Software . The Wall Street Focus Group Review is introduced to the users to determine if it’s the outset of a new technology on binary trading market or simply yet another hoax. The Wall Street Focus Group software is without doubt 100% automated binary options system that employs the Alpha Algorithm to locate rewarding trades. It is the only binary trading robots on the market which put into action this unique technology. Envisioned success rate for the scrupulous user gets to up to around 99%, simultaneously a lot more freewheeling investors can take advantage of a winning ratio of in close proximity to 90%.
Wall Street Focus Group software is unquestionably self-learning and the increasing numbers of people make use of it, the greater it really is for it to locate and anticipate profitable market opportunities in the future. It does that by simply adhering to complex structures of a highly intricate Algorithm created by a Silicon Valley Engineer together with investing volume level improves its very own accuracy.
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Who is David Lombardi?
David Lombardi remarks he is the CEO and Founder of Wall Street Focus Group Holdings Company. They’re offering services to traders and utilizing the Alpha Algorithm to analyze the future market condition in the financial market, with the assistance of a system that is world class in the industry.
Technology and Creatives Behind Wall Street Focus Group
Wall Street Focus Group is using Alpha Algorithm that evaluates markets from the traders behavior insights enabling to scrap latest changes of any currencies, commodities and Indices. That creates the most beneficial choices to trade with their Compound Profit Formula. You’ll see their highly recommended trading options in the platform. That’s the total calculation of the system which you’ll see. You have options to trade manually and auto trading as well. Every control is yours but with having the Industry Leading System with the broker you trust on your side.
Wall Street Focus Group Details:
Min Deposit: $250
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Trading Options: 100% Automated Trading and Manual Trading Options.
Product Type: Binary Trading Robot
Wall Street Focus Group
Product Description: Wall Street Focus Group is a binary options trading software that provides auto trading facilities and provides signals on currencies, commodities and indices. The software integrates with all major binary options brokers. The software doesn’t cost anything itself but to be able to use the full version of the software, Deposit at least $250 to integrated binary broker and start trading.
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Wall Street Focus Group Review on the Platform:
Wall Street Focus Group System is developed by David Lombardi- a veteran software engineer worked in the Silicon Valley for eight years and his developing team who were his former colleagues. Wall Street Focus Group tracks down trading volumes in real time and anticipate the top investors’ behaviors in the market. The system then calculates the best trading options for the users. It does the whole math and gives the ultimate decision on safe and profitable trades.
The accessibility to this system is absolutely free of charge. Wall Street Focus Group isn’t going to charge you anything at all. There aren’t any amounts with regards to your revenue being subtracted or maybe hidden costs. When you fill the sign up form, you’re going to be sent to a members area as well as connected with a trusted broker. The accessible selection of platform providers is excellent which is apparent that Wall Street Focus Group’s founders made the time and effort to ensure worthwhile in addition to secure trading experience.
The instant you desire to withdraw funds, this can be done just by dispatching a withdrawal request within the Wall Street Focus Group platform and the funds will be transferred into your bank account within 15 minutes since the company has an enterprise level contract.
The user interface is amazingly simple to use as well as fast and effortless to make use of. You have options to choose languages, your Active Trades along with Trading Histories. Over-all Pleasant User interface to work with.
Wall Street Focus Group Walk through:
It’s really effortless to get going with Wall Street Focus Group. Follow the Steps:
The Secret Sauce- Wall Street Focus Group is not A Scam!
Amigo, the everlasting fact is: You’re the only one who choose your own road to financial success. It is possible to consider facts, think about and be able to decide sensibly! If someone else is actually driving you into something and you’re just going in that direction- Take My Word- You’re the one who’ll get ripped off. Assess the Specifics Of Wall Street Focus Group and it’s Your Thing to make a decision Whether to Utilize Wall Street Focus Group or Not! Good luck!
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China Millionaire Review 2015 - Is China Millionaire SCAM Or LEGIT? How Does China Millionaire Software Work!! China Millionaire By Jin Lee Review

China Millionaire Review 2015 - CHINA MILLIONAIRE?? CHINA'S SECRET REVEALED!! Find out the Facts about China Millionaire in this China Millionaire review! So What is China Millionaire Software all about? Does China Millionaire Actually Work? Is China Millionaire Software application scam or does it really work?
To find answers to these concerns continue reading my in depth and truthful China Millionaire Review below.
China Millionaire Description:
Name: China Millionaire
Niche: Binary Options.
Official Website: Activate The NEW China Millionaire!! CLICK HERE NOW!!!
Exactly what is China Millionaire?
China Millionaire is essentially a binary options trading software that is created to assistance traders win and forecast the market trends with binary options. The software also offers analyses of the market conditions so that traders can know exactly what should be your next step. It offers different secret techniques that ultimately helps. traders without utilizing any complex trading indicators or follow graphs.
China Millionaire Binary Options Trading Technique
Base the China Millionaire trading method. After you see it working, you can begin to execute your method with regular sized lots. This method will certainly pay off in time. Every Forex binary options trader should pick an account type that is in accordance with their needs and expectations. A larger account does not mean a larger revenue potential so it is a great idea to begin small and slowly add to your account as your returns increase based upon the trading selections you make.
Binary Options Trading
To assist you trade binary options effectively, it is necessary to have an understanding behind the fundamentals of Binary Options Trading. Currency Trading, or foreign exchange, is based on the viewed value of 2 currencies pairs to one another, and is affected by the political stability of the country, inflation and interest rates among other things. Keep this in mind as you trade and discover more about binary options to optimize your learning experience and boost your trading profits.
Will this work for You?
China Millionaire is a super algorithm that allows you to profit on auto pilot. What does that mean? It means that you can make automated trades without even knowing what a ‘call’ or ‘put’ is. Just follow the easy instructions and you will be trading like a pro – even if you don’t know a thing about trading!
What does approved and verified mean?
Good question. The China Millionaire software is an Approved and Verified software. That means that all results and claims have been independently verified and approved by a third party. So you can rest assured that all results are accurate.
Who can I call with questions?
As a China Millionaire member, you will have access to your own 24/7 support line. Call them any time, they are always there to help you!
Where can You use the software?
Because the China Millionaire software is digital, you can use the software absolutely anywhere. Access China Millionaire from your PC, laptop, tablet and smartphone wherever there is an Internet connection.
How fast can You withdraw your profits?
You can withdraw your profits at any time and they will appear in your bank account within 2-3 business days.
China Millionaire Summary
In summary, there are some apparent ideas that have been checked in time, along with some more recent methods. that you might not have actually considered. Hopefully, as long as you follow exactly what we suggest in this article you can either start with trading with China Millionaire or improve on what you have actually currently done.
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So if you also want to take profit like the Chinese Millionaires, then you better act now before it’s too late.
SO DO NOT miss out on this Limited Time Opportunity
Click Here To Download The New China Millionaire Software Right NOW!!!
submitted by CameronDownes to CameronDownes [link] [comments]

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BEST BINARY OPTIONS BROKER FOR THE U.S? - YouTube

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