Thursday, August 15, 2013

Binary Options call centers- THE TRUTH behind the voice over the phone

Each and every person that registers with a Binary Option company becomes a lead. 

What does a lead mean?

What it means is that the moment you register with one of these companies you become a commodity that costs and worth money.
As I mentioned before, you becoming a lead, costs the Binary Options company you registered with anywhere between 200-500 dollars ONCE you DEPOSITED. Meaning, they pay the affiliate/promoter before you even touched or started "trading".
In the past year the cost of each lead has increased (more into the $500 range) due to the amount of competition and amount of new Binary Options companies being opened daily. OVER 150 so called "brokers" in the past year! Ask your selves why there is ONLY ONE LICENSED BROKER IN THE STATES.

Once your details are worth so much, you can imagine to what lengths these companies will go to in order to make sure they make a return on their buck. 

I'm sure many have you experienced a phone call from a Binary Options company in close proximity to your registration (sometimes within less than 5 minutes...).
This person calling you will usually be very nice (many times with an accent but not always) and will encourage you to deposit funds in order to make a secondary income or a great return on your investment.
They will introduce themselves as "Account managers" or "Market analysts" or a "Broker" or some other very impressive title and ask if you have experience "Trading". They will sound like they know what they're talking about and will often tell you they have years of experience in trading and that if you listen to what they tell you, you will make a fortune and can quit your day job and live happily ever after.

THE TRUTH behind that call....

Binary Options companies own call centers. In these call centers you WILL NOT find any brokers or licensed consultants. What you will find is SALES AGENTS. 
These call centers will hire young and energetic sales people and will train them on how to get the absolute maximum from each person that registers and each person that deposits money in to the platform.
As most new clients that invest in Binary Options are novice it is easy for a sales agent to sounds "more" professional and trick the client.
Learning FOREX and Binary Options terminology is very simple.
These SALES AGENTS work on commissions and do not "make money when you make money" or some other nonsense. They make bonuses based on how much they can get from you and how much you LOSE eventually as the company only profits when you lose. As friendly and professional as they may sound they are ONLY sales people.

In fact, every single person you ever spoke with when you contacted a Binary Options company is using ALIAS and is lying regarding who they are where they are from as well as their personal history(Stone/Black/White/Gold/Grey/Moore/Richards/Phillips and many more Generic easy to remember names-sounds familiar??).

There is no "head of corporate division" or "CEO" it's all FAKE to make it sound impressive and have you put in more and more money for them to take.
I would urge you to test what I'm saying and simply ask for the name of the CEO of the company (You would think a broker working for an international firm would know the answer to that question quickly). Most often than none you will hear the sales agent stutter as no one ever instructed him on how to lie about that question. Of course if you did eventually receive a name if you Google it you will that person to be non-existing.

These companies work and corporately structured exactly like any other telemarketing call center.
One team lures you in while the other team milks you dry.

The luring departments goal is to have you deposit ANY amount into your account, the higher the deposit amount will be, the more "benefits" you will get...(and the higher the Bonus the sales agent will get).
Once you put some cash in your account they will need to make sure they make the most out of your account, so they'll keep calling you to "help" and on the way tell you why you should "invest" more and more funds into your account.
The milking team is usually a more trained team with more experienced and slick agents. They are TRAINED to create a relationship with you and to command your trust in order milk you dry on the road to "teaching" you how to make money.
Trust me when I say it will always be "YOUR FAULT" when you LOSE and "why didn't you listen to me?", "Let's put another 10k and ill help you get all that money and more".

IT IS ALL LIES.  

If you are one of the tens of thousands of victims to this fraud I know it's a hard pill to swallow. Knowing that your hard earned money is gone...
I will do my best to expose even more details regarding how to get to the true owners of these companies and bring them to JUSTICE.  

On my next Blog I will give you ways to track down the true owners of these companies. 

Please help me spread the word throughout your trading communities and by subscribing to my blog. 










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