How do Binary Options companies make money?
Binary Options companies make money when you LOSE money.
They DO NOT make money out of trading volume or commissions or any other nonsense you will get from their sales people or affiliates(an affiliate is a site owner or a promoter that receives anywhere between $200-500 to get YOU to deposit with THEM-yes, yes all those positive site reviews...).
The ONLY way Binary Options companies make money is when you LOSE
yours.
They take advantage of the bad economy and the fact that people will
always try to find ways to make an extra income and they sell you pipe dreams
of ridiculous profits and push you into a rigged game.
NO trades go out to the market! NO trades go out to the market! I find a need to repeat this to make it clear.
They are NOT Investment Firms, Brokers or Banks. You are playing on their field on
their terms EXACTLY how you would when you play in a CASINO. The only
difference is at least in the casino you know what odds are stacked against
you.
Let me tell you how it's done:
Each client is assigned a Risk Management status, this risk status
we'll determent how much of a hidden spread they'll put on your account, they
fix your entry rate in accordance to the "trade" you want to place,
all in order to make sure you get the WORST conditions for your so called
"trade".
You will never trade real market data; it will ALWAYS be
manipulated-FROM DAY 1. The more bets you open the higher trading volume you
produce the higher their margin on the price will be. Some of them can
even manipulate the spread in your favor to get you thinking you have a winning
chance...Only to laugh end gloat while you go broke.
Every withdraw you make is painful for them as you take money right
out of their pockets. They will do everything/anything in their power to
delay/postpone or simply NOT GIVE A FUCK about you getting paid.
This is my first blog post. I will continue writing and exposing these
fraudulent companies for what they really are.
Please feel free to comment and ask questions I'll try to answer as
best as I can, more articles will follow soon...
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Please subscribe share with fellow traders, friends and family.
What do you think about NADEX and 24Option?
ReplyDeleteThank you very much! But why your useful blog so little available? This link I accidentally gave ashego blog in one forum one person. Maybe you should write on Facebook? Or Liveyournal? Then more people would be found and did not fall into the trap.
ReplyDelete