Choosing a Broker, Spotting a Scam
Licence verification, the fraud patterns regulators actually prosecute, risk management, and how to read a broker’s legal entity structure before you deposit.
Almost everything that goes wrong with this product goes wrong in one of a small number of ways, and all of them are visible before you deposit rather than after. The licence is quoted but not held by the entity you are contracting with. The bonus carries a turnover requirement that makes the balance unwithdrawable. Someone calls to help you place larger trades. The withdrawal request meets a documentation demand that was not mentioned at signup. This section is the checking, not the trading.
Start here
- How binary options regulation works — what a licence covers, and what it does not.
- Scam patterns and licence verification — how to check a claim in the regulator's own register.
- How brokers make money — why the counterparty structure is the whole risk.
- Signals, bots and account managers — the managed-account pattern regulators prosecute.
- Risk management — position sizing against a fixed-loss instrument.
All pages in this section
- A must have for every serious trader: the trading diary
- Are Binary Options A Scam?
- Binary options better than forex?
- Binary Options Regulations
- Binary options signals
- Binary Options Trading vs. Casino Gambling
- Build a Trading Plan before Trading Binary Options
- How do binary options brokers make money?
- How to Choose a Binary Options Broker
- How to control your emotions while binary options trading
- Money and Risk Management with Binary Options
- Should You Trade Options?
- The Basics of Binary Options
- The best currency pairs to trade
- The importance of planning out your binary options trade
- Trading binary options on Weekends - How to guide
- What are the best charts for binary options?
- When to Trade and When Not to Trade Binary Options
Risk warning: binary options are high-risk speculative instruments and most retail accounts lose money. Nothing on this page is investment advice or a recommendation to trade.