The harsh reality is that there are multiple binary options brokers that are running a scam. There are various ways in which a binary options broker could be doing this, including non-payment of legitimately earned money, fraudulently awarded bonuses and claims made by the broker that are simply not true. Currently the most trusted broker in the business is HighLow. It's in the business for several years now and has multiple licenses in various reputable jurisdictions.

So, if you want to go safe, then go HighLow. However, since HighLow does not accept US traders, US traders can check out BinaryMate instead, which is an equally reputable broker with great services and fast withdrawals. GlobalTrader — You can usually know if a broker is suspicious just by their unprofessional name.

GlobalTrader is a name one would choose randomly and quickly when creating a new get-rich-quick scheme and scam. Once the money is deposited, no one will reply to your emails anymore or answer your phone calls. Your money will be gone. Safe24Options — This broker appears to be ripping off the trust and name of the broker 24Option, which is a legitimate broker licensed in the European Union.

Safe24Options and 24Option are NOT the same company. The most common complaint about this broker is complete non-payment regardless of the amount. Sycamore Options — There are rumors according to which Sycamore Options is being run by the same company as TraderXP, another binary options scam.

It appears that after the large negative publicity, TraderXP simply decided to change its name and operate under a new scam. The trader was refused any compensation. Binary International — There is not much information available about this binary options broker.

The general rule of thumb when registering at binary options brokers is that you should avoid anything that appears suspicious.

You should trust your gut feeling if something appears off.

Cedar Finance — Cedar Finance might not necessarily be a scam however the way the company owners promoted this broker in the past resulted in them being blacklisted by multiple online trading websites and forums.

Cedar Finance is perhaps known as one of the largest spammers in the business. While they might not be scamming people directly not paying out winnings etc. VIPBinary — VIP Binary is another broker that does not necessarily appear to be a scam but still managed to generate a lot of negative feedback from losing traders. While the broker might be legit, we believe you should not risk and register there considering that there are plenty of reliable alternatives out there.

While traders doing this might appear to be dumb I mean, why would you listen to a BROKER telling you to invest MORE money? EZ Binary — EZ Binary is a broker that appears to be piggybacking the brand and trademark of EZTrader.

EZTrader is a legit and fully EU regulated binary options broker that should not be confused by EZ Binary. The two brokers are owned by two completely different companies not related to each other.

The fact that EZ Binary is stealing the brand value of another broker in order to fool people into believing that they are trading at a different broker means that EZ Binary is a scam.

Is 24Option a Scam? Is Redwood Options a Scam? Is Boss Capital a Scam? Is Cherry Trade a Scam? Is Magnum Options a Scam? Is Signals a Scam? One of the best ways to decide if a binary options broker is a scam or not is to look out for real trader reviews at reputable Forex or binary options websites. One of the most important forums to look for such information is ForexPeaceArmy.

If a binary options broker gets too much negative feedback related to issues such as non-payment of withdrawals, fraudulent claims and aggressive marketing practices then the broker will automatically land on our scam list.

Binary options is not magic and you cannot make money using binary options in just 60 seconds by making random trades. You can only make money in binary options if you put in a great deal of effort into research and execution. We are also suspicious towards binary options brokers that are completely new and appear to be mysterious and obscure. Our binary options scams list is constantly growing based on the feedback and experiences we get. Check back later if you want to find out more information about scam binary options brokers.

If you want to trade at genuine brokers then check out our legit binary options brokers page. On that page we listed the broker we now for sure are legitimate and have no history of scamming their traders. Right now the broker with the most licenses and the best reputation in the business is 24Option. Check out the linked review in order to find out exactly why this broker is legit. In this article I will talk about the binary options signal application OneTouch.

Find out of this application is a scam or not. In this article I will be talking about the binary options signal service provider called the High Frequency Trader. This service was launched on August 9 Read this review to find out if this service is a scam or not.

I have some money in Inside Option, and hope you are right in your statement that they are a legit and serious company. I went in with small money, see it rising steadily, but it is impossible to know if Inside Option is a scam or not before turnover is reached some day. Option trading seems to be stepping into the world of gambling, and of course then trouble is an option. Are you still happy with inside option or have you lost all your money? I see that you have put Option Bot 2.

May I ask why would you say so? Because it has been proven time and time again that is simply does not work and you lose all the money you have deposited. For your information, my contacts in the UK advised me that UK Options is not even regulated, though they claim that they are! If they keep this kind of fraudulent scam going a bit longer, the police will really be knocking on their doors.

UK Options is indeed an unregulated broker. There is really no reason to trade at an unregulated broker considering there are so many regulated brokers out there. Have you heard about a fellow watchdog by the name of Michael Freeman?

He actually goes out of his way to protect some known scams and actively promotes some of them. I think it is time someone set up a website to blacklist sham watchdogs to distinguish real watchdogs like yourself from fake watchdogs like Michael Freeman or scam lapdogs.

Surprise, surprise, Michael Freeman is a scam signal provider himself. No wonder in his fake watchdog role, he suppressed his rivals and promote some scam brokers, hoping they would join hand with him to rip off their joint victims.

I think Michael Freeman and his ilk can be compared to a moral crusader, who runs brothels on the sly, or a self-proclaimed dog lover, who sells dog meat on the black market!

No matter what strategy you adopt, if you make a deposit with scam brokers like UK Options, a pack of THIEVES led by a shameless rogue and swindler, Sean Park, who will simply reset your password without your prior knowledge and consent, take out ALL your money and lose it on a single imaginary trade, without showing you any trading record, except an empty account!

I have problem with inside option, Daniel Jackson. My account looks great from 30k starting capital to k. But now i cannot even withdraw a single cent. I have wrote to Daniel Jackson, email the support help, msg the live chat, has been 2 months now and i still dont hear anything from them… can anyone help me how who and which legal department i can write to?

Frastrating and feel cheated. Sorry to hear about your experience. As far as I know Inside Option is not regulated, and as such you can expect such things to happen.

Like I say in my articles, make sure you choose a regulated binary broker before you register. Winifred please contact me I cannot get contact with David Petraeus easily without more information.

They give all kind of issues unabling withdrawals, asking for more money to trade for me with. I will for sure have a rough time to get over this. Hong I was advised to frame Inside option for card fraud through my bank. I claimed that seller did not inform me about bonus consequences. Gunnar Gervin PS I had to: YEP i got alot of money in my account too.

CANT GET IT, AND THEY BLOCKED ME. Thank you for that well, no brilliantly written piece about the scum bag Michael Freeman. I RECKON ITS THE SAME BLOKE who is doing alot of these false flag investment companies. MIne went by the name HUGE OPTIONS. I repeat HUGE OPTIONS. I recently traded with a binary options broker headquartered in Dublin, Ireland by the name of Glenridge Capital. After several winning trades I tried to test the verasity of the broker by making a withdrawal.

Neither my Account Manager nor their Support department would communicate back to me so I requested via e-mail to close the account and return my funds. They are non-communicative and clearly a scam brokerage. Please advise your readers to avoid the broker at all cost. Their money will go in but never get returned.

THEY Bastards arent they. IF YOU WANT TO EXCHANGE NOTES, MOST WILLING TO CHAT WITH YOU.

Thanks for letting us know of this scam and I really hope you have not lost too much money. Unfortunately these scams sometimes manage to sell themselves as legit brokers while in reality they are fake. So keep a wide berth from this fake signals provider! Options Advice I have just signed up with EzTrader and am not if they are reputable or not. I put in 4 trades the first time and only 2 won, and I put in 4 the second time, and all of them lost.

What makes matters worse is they are requesting that I send them a photostat copy of my credit card, which makes me smell a rat.

I am writing to you asking for advise if it is a normal procedure with all binary option companies to request for such information. I have since left them, and registered with another broker. Hope you have registered with a different regulated broker and not an unregulated broker.

Keep in mind that all regulated and licensed brokers will require you to send the information that EZtrader was asking you. If the broker you have registered at did not ask this information there is a high chance the broker is not regulated and was only interested in you making a deposit hence, not even verifying you. All brokers require a copy of your credit card, usually with some numbers blanked out in order to verify your account. EzTrader is a licensed and regulated broker.

Do not do this with some unknown and unregulated broker. Micheal Freeman is the man who does all the scam work he act innocent never trust this guy he is the one who promoted the NEO 2 software After trusting him my account was zero Freeman must ban.

The secret millionaire society does indeed seem like a scam, yes. Not sure about binayoption. Anyone has or had experience with Banc De Binary?

I personally would stay very far away from this broker. This is also the reason I never included Banc de Binary into any of my toplists. I also have bad experience with Banc de Binary. They manipulate the asset prices in a way that most trades loses.

Sounds like OPTION RALLY except they got about k!!! This is all bullshit people. Everyone stay away from his partner Tom li from tech toms company.

Regulated Binary Option Brokers · BinaryEX

All shit and coward thieves. Finpari is the worst broker I have used. Every time before my position would expire if I was one pip away and when the clock hit zero and THEN it says validating after it has already hit zero the price would jump up and I would lose.

This broker truly disgusts me. Help what can one do cause they are not even registered??? Has anyone heard about Broker Official? DONT ever entertain a company called EDGEDALE FINANCE. Feel like all binary is scam. Has anyone had any dealings with BuyerBank?

I am dealing with them through a London UK office supposedly. Hi everyone out there, my advise to those who havent made the mistake of trying to trade Binary options is that you should please keep your money for a good physical business, otherwise you are just about to throw your hard earned money away, for those of us who have tried it, it was a hard lesson to learn, thats the reason they go out of their way, do big adverts, and using all available medium to get at unsuspecting people, its a big mistake but the deed has been done so lets move on.

Trade, with broker named MIKE NORRIS, is another irresponsible and snobbish broker. As he knew i wanted to withdraw some funds. He accessed to my account without my consent and open 1 position with all the funds i had. Hei people looks like we have scam protection service here.

I mean we have service to take more money from trade victims pocket. May be time to unite and do something against them. We should start real war on them. What crime brokers afraid? Let start war on crime in FB and spread this INFO around the world. Connect to this all institutions who help to develop market crim and government department who protecting this system. Does scam in binary options are common practice and nobody care about it?

Too many scam brokers not in the list and no victims who return their money. Looks like whole binary market huge fraud for ordinary people. We have the Binary 8 Account Manager Prince Gonzales Martin Amberg and Miss Beth Miller of Binary8… Total scammers Lost my usd never be able to withdrawal my deposit But Beth Miller of Binary 8 is okay she was willing to do a barter trade with me She had sex conversation with me and show her naked body for the usd Guys check out Beth Miller from Binary 8.

The information and trading guides found on the webiste constitute the authors' opinion only. Binary options involve high-risk and are not suitable for all investors.

Binary options may not be legal in your jurisdiction. It's visitors' responsibility to make sure binary options are legal in their jurisdiction before engaging in trading activity.

Binary Option Scams · Top Rated Binary Options Brokers

Binary Options Scams List - See Which Brokers are Scams. The Best Binary Options Brokers in Best Binary Options Brokers in Singapore. Best Places to Trade for Beginners. Brokers with Low Minimum Deposit. Companies with a Valid License.

Finding the Largest Payouts. Guide to PayPal Binary Options Brokers. How to Find the Best Italian Binary Brokers? Trade for Free with Demo Accounts. GlobalTrader is a SCAM. Safe24Options is a SCAM. VIPBinary is a suspicious broker you should avoid. EZ Binary is a SCAM. FAQ Is 24Option a Scam? Is GOptions a Scam? Is LBinary a Scam? How do we Decide if a Binary Options Broker is a Scam? Beware of the OneTouch Binary Signal Scam. Scam Warning - Cash Formula Review. Is High Frequency Trader A Scam?

Notify of new replies to this comment. Share On Twitter Share On Google. Christopher Rollin disappeared never be found again. I was transferred to a Mr. GO ON, PROVE ME WRONG. Christopher Rollin disappeared never to be found again. I wish to alert traders of one of the worst scams: I fully agree with your comments on the notoriously fraudulent UK Options.

I have had my dealings with many brokers before, some good and some not so good. However, in a industry full of sharks, UK Options must bethe most rapacious of them all.

They are really pits. With other brokers, whether you make a profit or suffer a loss, you always know that the trades you have made, or made for you, that have generated the profits and losses, but with this mob of scoundrels, they show you no evidence of any trade made. New alerts on UK Options! This time generous bonuses offered by Sean Park, leader of that infamous gang of thieves. In the greeting of his Skype account, he says: Glad to see so many adverse discussions on the fraudulent operations perpetrated by scam broker UK Options.

It is about time that someone gives a definitive expose of their systematic fraudulent operations 1 Pay some signals providers and software vendors a referral fee to prompt people to make deposits with them. He is just trying to scrape a miserable living. He is not well educated, without any training in any trade; it is understandable that in the rapidly expanding world of binary options, where scams grow like mushrooms, this poor soul tried to snatch a little niche for himself with his own little scam trading signal software, which is pure garbage.

My advice for Michael Freeman seems to have come a bit too late. This crook is beyond redemption. A piece of turd by any other name smells as foul! If you like, I can forward his very obscene emails; that would be interesting reading. I would like very much to forward it to you if you provide me with an email address or other means of communication.

Hear, hear, the confession of a dirty scammer. The following are verbatim extracts from scammer Michael Freeman: Asian woman who suck my Jewish XXXX. Is there anybody here who still wants to be scammed by this low-bred, uneducated thug, with dubious upbringing? I believe you should be more accurate and realistic, and inform people that unregulated option companies should be viewed as scammers, all of them. Those few honest ones I suppose are there. Rbinary is not regulated, and they speak good for themselves, but so do many scammers in this rather greedy world.

I have some small money there, and have no exact idea about what will happen later. They refunded a loss on E for me, though with E. The problem with Inside Option is that they connect bonus given to deposit made. I started with Euro in bonus, and trades for If you had An Inside Option consultant advised me no bonus, but my greed advised me to take that bonus, which I did. All thanks be to God for send Mr David petraeus into my life as a broker.

I give you here a revelation of the scoundrel behind the respectable mask of Michael Freeman. Thanks and Regards LV Mgidi. Hi Lucas Did you find out if EzTrader are reputable?

I am in the same boat. Spotless Scam or not? I would definitely stay away. I complained to their complaints department siting every detail and the ruthless manor in which my manager traded my funds and lost everything.

Needless to say I did not deposit further funds but insisted they should. TAY AWAY FROM BANC DE BINARY!!!!! The Banc De Binary trading platform is the worst on the net. My Internet connection, my browser, my computer. I done everything they suggested and no change. Then they told me to clear my browser history every day before trading and to refresh the screen every 5 minutes. So I done that anyway. Are you for real mate. I just got scammed by a person who basically used the same pick up line you just blurted out.

YOU Mongreals should change your script from time to time. If your doing so well, why dont you retire and enjoy the fruits of your labour. Because you cant, you dont have enough money so you prey on the vulnerable and trustworthy.

DONT BELIEVE THIS GUY. ACTUALLY IT ISNT, IT JUST HAPPENED TO ME. Really almost word for word but a different agency. Gold Digger is a case in point. Despite all the glowing comments posted by traders, most of whom now I suspect are either false comments or posted by their cronies, employees or affiliates. This is how the scam is perpetrated.

Yeah, that seems to be a typical binary options signal scam. There are some legit signal products out there but unfortunately most are just scams. You should especially be concerned about the new launches, as in, the products that were launched just recently. You will literally have no way of knowing if they are a scam or not unless you actually deposit and try it for yourself. An update on fake signals provider Gold Digger. After a lot of hassles and ado, I eventually got access to the promised land of their Members Area, and, to my disappointment, I found their signals the worst of all trading signals I have ever tested.

Attention Required! | Cloudflare

I had only three successful trades out of well over a dozen trades! As I mentioned before,these two scammers seemed to have formed a partnership in crime: I signed up with Optionbit in November After a couple weeks, I got a call from Eduard who introduced himself as my account manager. Since our introduction, he has been assisting me with my trading in an incredible way.

I felt obligated to write this review after reading how some of you are trashing this company. The latest update on the scam activities perpetrated by Michael Freeman: He has recently released a number of new videos on YouTube, with the same old chorus of praises posted by the same old motley mob of paid lackeys, affiliates and mostly his own aliases.

It is the same snake oil packaged in different gaudy bottles. Anyone, except the purblind halfwits, can see through the fraud at a glance. Just ask him a simple question: After sign-up, you will have access to the trading login site and main site for a short trading period, then you will not be able to access anymore.

You will not receive reply to your queries, so your deposited funds with their brokers in there are as good as gone. New alert on Neo2, the latest scam concocted by the low-life scammer and thief Michael Freeman: After an unsuccessful career as a fake watchdog, a dud signals provider and a vender of a variety of dirty scams, this common crook had decided to bolster his faltering fortunes by joining force with more successful scammers.

First he recruited two fake Russian scientists who own the Gold Digger scam, and now he has added to his team a weatherman, Jack Piers, who claims to be able to predict movements in the currency market with software for weather forecast, what a bad joke!

UK Options is a scam! It is impossible to withdraw money from an account with UKOptions. My assigned broker tried to make me loose quite a lot of money on the Non-Farm Payroll event in March. However, I had an uneasy feeling, and placed smaller trades than he wanted me to.

I have warned people on countless occasions on various review sites about that dirty gang of crooks UK Options, led by a scoundrel named Sean Park, but my warnings have fallen on deaf ears. Furthermore, this gang of thieves have also formed partnerships with some known scoundrels, who flog dud signals for a living; one comes instantly to mind is Michael Scumbag Freeman, who has promoted the same scam software under different names, the late of which is NEO2.

So watch out for this combination of scoundrels: UBOCapital which is owned by United Bo which is located Seychelles not located in London as the lying Broker Samantha Novak and Account manager Jack Fisher claim to be. Even regulated brokers can be crooks; they bank on the hope that most of their clients who got scammed would not be bothered to go through the legal processes to recover their funds, especially when the amounts are small.

One of these crooked regulated brokers that comes instantly in mind is Digital Forex. I made some money with them and tested successfully the withdrawals. However, after handing out some candies, they asked for much larger deposits, such as 25k or 50k, so they could continue to make profits for me.

My top 4 recommended Binary Options Brokers

Somehow, somewhere down the track, they showed their true colors: There is a new phenomenon in this murky world of binary options. The scoundrels and villains in this industry, who used to compete with one another have somehow discovered that unity is force; instead of rivaling one another in scamming the public, they have now joint force with one another and perpetrate their dirty work together.