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Trading Scams

Binary Options Trading Scam

One of the latest scams to hit the market is the binary options trading scam but it is becoming a weapon of choice for the scammers, quick and fast. Please do not believe when they say this is the easiest and quickest way to get rich, else everybody would have been doing exactly this. At Warning Report we have a few too many user reported binary options scam reviews, which, if nothing else, allows you to make an informed choice.

Binary options are all-or-nothing type of investments and there is no assurance of earning guaranteed money. You might win some but when you lose, you lose everything. The popular flow of this scam is like this

  • The scammers open a company which looks like legitimate enough.

  • They create a software or an app which they claim to be 100% accurate and guaranteed.

  • You lose your initial investment and then you get a call from ‘the company’ asking you to invest more and they would guide you.

Trust us, this is a pure binary options trading scam and you should not pay any attention to it. If its too late for you and you have already been a victim, you should not hesitate to write binary options scam reviews on our site. Warn others before they are hurt as well. One red signal is if the broker fails to produce a government licence from regulators like CFTC, FCA, FSB or ASIC?

If the robot of the software or app asks you to invest while registering, you should again be cautious. Basically, binary options trading is nothing but cloaked betting. You should not think of earning thousands of dollars doing nothing as that's exactly how the binary options trading scam entices you.

Stay careful stay safe.