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no, forex trading, whether exchanging physical currencies or online speculation/hedging via a brokerage is completely legitimate. There may be some unscrupulous individuals or companies out there, but the act of forex trading is completely legitimate.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoBinary option brokers are not a scam. Binary options trading are a new and innovative way of trading options digitally. Binary Options are the same as regular options on the market, except for the fact that you do not have to buy the asset at the end of the contract period (expiry time). Because this is such a new industry, some people are afraid and uncertain, as they don't have the means to measure the risk and most of the binary options brokers are still relatively unknown. Sure, there are some bad apples, but if you do your homework you can avoid them and trade safely.
Wiki User
∙ 11y agoMost binary options programs are legit. Some are not reliable and should be avoided, but most are good. One should make a research and read broker reviews before choosing a binary options broker if he wants to trade safely.
Wiki User
∙ 9y agoBinary options themselves are not a scam - in the same way that betting on Poker hands is not a scam - but enough people have built scams around binary options that I'd recommend avoiding them.
Aylon Spigel
Forex trading is not a scam. However there are many people who take advantage on others with the regards to trading. Companies might have rules that makes it harder for you to make moneyl or withdraw the money that you have. Bit . Ly/ credit20percent is a link to a company that is truted by traders in 100+ countries which is why it is recommended.
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Can you make money in binary options trading?
You can make only if you understan basic forex first. binary options based on mostly currencies, you have to know forex techniques by logic or by nature law. then you can make money with binary options.
Are binary options legal?
Binary options trading is legal in some countries, but it is banned or heavily regulated in others. It is important to check the regulations in your particular region before engaging in binary options trading to ensure compliance with the law.
How would one get information on binary options?
Information on binary options for the purposes of investing can be found in multiple ways. The most common are from sites like Daily Forex, Bee Options, Forbes, and Nadex.
Relationship between a regular call option and a binary call option?
While the CALL options remain the same for both regular and binary options, the difference being that with binary options you don't actually own the asset you are trading on. It is based on mere speculation of the market movements.
What is meant by binary trading?
"Binary Trading" = "Binary Options Trading""Binary trading" is most likely referring to binary options trading - a form of investing in which you are placing you money into an agreement that will yield you 1-of-2 outcomes, either that you loose the entire amount invested, or gain a substantial return of about 60% to 85% return. Why would anyone trade binary options?The binary options trading cycle is around 15 to 30 minutes so someone who doesn't know what they are doing can loose their money very quickly, and someone that understand it can ear a significant return over the period of a day. Why its called "binary"It is called "binary" because you have only two possible outcomes. Unlike regular investments where the amount the stock, currency or commodity goes up or down will determine how much of a profit you will earn, binary options offer the possibility of either loosing the full amount, or nearly doubling it, simply by knowing the trend of the market. Where can I learn more info on binary options trading?One good place to start is to read the Wikipedia links on the following topics: check out Wikipedia for Binary OptionsCheck out wikipedia for Black-ScholesOptionsClick dot com to see what a binary options trading website looks like.top-binaryoptions dot.com to check out a few binary options trading sites that are compared.
What is a binary assumption?
A binary assumption is a premise based on two - and only two - possible options, like an either/or situation.
Can a minor trade binary options?
yes a minor can trade binary options using his father's name. His father can deduct losses from his investment gains and use up to $3000 of losses to offset his income.
Is Binary a safe broker?
Generally speaking, Binary Options are considered a safe trading strategy. However, just like with all financial instruments, you should do in-depth research and guarantee you are working with a legitimate Binary Options Broker. Safe is a very subjective term when it comes to trading.
Are binary options real?
Binary options are "synthetic" options or digital options. These options are real in terms of validity of transaction, meaning that if you are in the money you will be paid your earnings for sure, and if you are out of the money, you will certainly lose some of your investment. The reason they are called synthetic is that you don't actually have to buy / sell the asset at the end of the trade, you just collect your earnings or pay your losses.
Is intuition scholarship a scam?
Intuition scholarships are not considered a scam. The company offers a wide variety of scholarship options to individuals who visit the site. They are based internationally.
What are some binary options available?
Binary options are at a greater risk of fraud than some other platforms. They can exist outside of regulations. You can lose large sums of money with no refund options unfortunately. Be careful with this kind of high-risk investment. It's based on an all-or-none premise, really.
What are opinions on Cashbox.com?
Definitely no scam. Good place to earn something, and different options to. Out of the box.
