For this reason, many people are asking the question if binary options are a scam or not. The answer is that financial trading is not a scam and you can really make money using this form of online trading. However, there are unfortunately indeed some brokers that are scams and should be avoided.

Fortunately, financial trading is already regulated in many countries around the globe and for this reason there are already a number of brokers that are regulated and licensed which are definitely not scams. Yes, binary options trading is a legitimate form of investing. In this type of trading, traders have the possibility to predict the future movement of certain assets such as stocks, indices, forex currency pairs and commodities.

In case the prediction will turn out to be inaccurate then the trader will lose the investment. However this is not true because in binary trading people DO have the possibility to predict the movement of markets.

Each game was created the way to offer the gaming provider an advantage; no matter what you do, the dealer always wins in the long run. Financial trading however is not a game that someone just invented. Based on the description given above, yes, you can indeed make money in binary trading.

And you making money has nothing to do with luck and chance.

Trading on financial assets will give you the possibility to generate money on a consistent basis completely independent from luck and chance. This is another reason why binary options are not a scam.

In any service that is a scam like gambling , the participants will never have the possibility to win based on their individual skill maybe with the exception of poker and all depends completely on luck.

Unfortunately not all financial trading service providers operating these days are legal and safe. There are some brokers that are indeed scams and should not be trusted. Fortunately there are already a very large number of binary betting brokers that have a valid license issued in reputable countries.

These brokers are never fake and never a scam and as such can be trusted by traders. As hinted above, online trading is at this moment regulated in a number of countries such as the USA, the United Kingdom, Cyprus, Japan and others. What this means is that the authorities of these countries have openly admitted and recognized in law that binary options are not a scam.

Why would governments of the mentioned countries explicitly legalize something that is a scam? In the mentioned countries, legitimate binary options brokers have the possibility to apply for a license. Licenses will only be awarded to those brokers that have been rigorously evaluated by the governments that determined that they do not offer fraudulent services.

Brokers that have managed to acquire a license in the mentioned countries are also safe for traders who do not live in the mentioned countries.

This is because if those brokers would deliberately scam traders not living in the country where they have acquired their licenses the governments that issued their license would still consider them fraudulent and withdraw their licenses. So, by now you know that binary options are not a scam and that most brokers are even legally allowed and approved by various governments such as that of the USA and the United Kingdom to offer online trading services.

And like said above, you should also choose these brokers in case they are not specifically licensed in your country. If this is the case, it means that the respective broker is also legal and safe and not a scam in all other existing countries as well. But as explained, stay away from those brokers that do not have any license at all.

These brokers ARE scams! So, keep this is mind next time you want to trade on financial assets. In short, binary options are not a scam if you only trade at legit service providers. Likewise, if you browse our site you will find additional information about the legal status and legitimacy of financial betting. Besides this, you will also be able to find various guides and instruction material that will teach you how to trade financial assets successfully.

You will learn about what influences the movement of this forex pair so that you can make accurate investments at your binary options broker. You will be learning about the factors that influence the movement of this currency pair and how you can predict it, which you can then use to make accurate trades in binary options. The information and trading guides found on the webiste constitute the authors' opinion only.

Binary options involve high-risk and are not suitable for all investors. Binary options may not be legal in your jurisdiction. It's visitors' responsibility to make sure binary options are legal in their jurisdiction before engaging in trading activity. Is Binary Options Trading a Scam? Can You Actually Make Money? The Best Binary Options Brokers in Can you Make Money with Options? Can You Trade Binary Options For A Living? Depositing Money at a Binary Broker.

First Steps in Options Trading. Future Changes and Developments.

Future of The Industry. How to Withdraw Cash at Brokers. Registering at a Binary Options Broker. Truth About Options Trading. When Will Binary Options Go Mainstream? Why is it so Difficult to Withdraw Money? Why Most People Do Not Make Money in Binary.

A Guide to Trading Binary Options in the U.S. | Investopedia

Is Options Trading Real? Can you really make money? Are ALL brokers real and safe? Laws and Regulations of Binary Trading As hinted above, online trading is at this moment regulated in a number of countries such as the USA, the United Kingdom, Cyprus, Japan and others.

Spotting the right brokers So, by now you know that binary options are not a scam and that most brokers are even legally allowed and approved by various governments such as that of the USA and the United Kingdom to offer online trading services.

6 Most Common Binary Options Scams | Trader warning

Notify of new replies to this comment. Share On Twitter Share On Google. I started working with traderush in The first deposit of 1, dollars and in two weeks made some profits. Then there was a lost on the gold and shares of Boeing. Manager John said that it is necessary to top up to restore the deposit.

I invested another 15, and then another 17, I should have already understood that everything was already suspicious, but I believed it.

After that, for three days my balance was drained and the manager and even support stopped responding and I could not login to the account.