The Binary Options Scam ???
There has been a lot of discussion over the internet about Binary Options and, mainly to its popularity, it is not rare to see positive and negative comments.
Some of the comments you would occasionally find while doing your own research (always recommended) include the word SCAM (The binary options scam) associated with Binary Options Trading. …… So, Is Binary Options a SCAM? ….
I have to say right now … That Binary Options is NOT a SCAM !!
These brokers are REGULATED, which means that there is an entity overseeing them, and this entity, typically an Exchange Commission (like the Cyprus Securities and Exchange Commission or CySEC) will be conducting audit and supervisory tasks regularly over these Binary Options brokers. This means that Binary Options is “as legal as” any other Stock Trading Mechanism available.
However, Binary Options is an activity that involves Risks, as well as high profits. This is common knowledge in finance: the higher the risk the higher the profits are going to be. So, Binary Options involve Risks and I have mentioned this several times on my site and you will also see similar warnings on every Binary Options Platforms (from a regulated broker) you encounter over the internet.
This is an example of this warning from one of the brokers in these pages (24option):
“Binary Options carry a high level of risk to your capital due to the volatility in the underlying market. These products may not be suitable for all investors. Therefore, you should ensure that you understand the risks and seek advice from an independent and suitably licensed financial advisor.”
Conclusion: Binary Options IS NOT a SCAM but, it involves HIGH RISKS …
So, My dear readers, this is the key …
Binary Options is not a SCAM, but You can get “self-scammed”. And this will certainly happen, if you enter into Binary Options unprepared and without knowledge … Why? …
Because the image of “this system” in your brain is going to be, more-than-likely, unrealistic and will probably ignore both the actual risks and the tools you have available to increase your chances.
Binary Options is an excellent choice to make extra income, it requires knowledge and skills. … And It is most definitely not a SCAM.
Follow my pages for advices and recommendations to enter the “world” of Binary Options as safe as possible.