SCAM Report-Honest Reviews
Thanks for visiting my Binary Options portal. It will be in continuation of my old blog. I will put beginner friendly comprehensive information about binary options brokers, trading strategies, signals service, auto traders and most importantly how to avoid any kind of scam. We have a report scam section, where users can submit their side of story with suitable evidence and we try to reach out to the brokers to mediate. It also helps us in developing ranking of brokers and blacklist brokers. I have put comments section open wherever possible (not everywhere to avoid spam). Please feel free to contribute in comments, discussion. If you are an experienced blogger, please feel free to reach out to me.
Goal of my portal is to create an all inclusive website for binary options where a newbie can be well informed and trade profitably.
If you are starting in binary options, take advantage of limited time offer off risk free 800$.Click on the image below.
Do not forget to visit the blacklist page before you signup with any broker or services. Scam brokers are generally not registered with any regulatory authority, sometimes not even registered as a company on any part of the world. On this site, I will list down most reputed brokers and give you all the information you need to choose a suitable broker.
How to choose a broker?
Though there are hundreds of brokers, there are only handful who are registered with CySEC. So, do not settle for the first advertisement or pop-up ad. Surely not for some broker for which you hardly find any useful info. Here are the most important factors to keep in mind while choosing a broker.
Regulations and Reliability . Is the broker regulated or registered with any competent authority? CySEC is the most common regulation. Always check if the broker meets this criteria. If it does not meet this criteria, run away from that broker! It makes sure your deposit and profit are safe and can be withdrawn when required.
Payout: 75% payout is the average in industry. Some brokers do offer up to 90%. But do keep other factors in mind too.
Recommended Brokers
I have shortlisted 5 leading brokers which meet the above criteria of regulatory requirements, good reputation and absence of genuine negative reports.
Low Deposit Brokers
Want to start with very low budget? No problem, here are few brokers with whom you can start as low as $100. Though, I highly recommend to start with minimum deposit of $200-$300 as it give you enough room to trade without getting overwhelmed by losing few trades.
if you want to start very low deposit, here are the 2 brokers.