Learn How To Spot Binary Options Scams And Scam Operators

A new article published by the binary options website USBinaryOptionsInfo.com shows traders how they can learn to easily protect themselves from the various binary options scams which currently exist.

Over the last six months or so there has been a flurry of cleverly structured binary options scams to hit the internet, and many traders have fallen victim to these swindlers. But you can make sure that you never become one of them fairly easily. You see, it turns out that almost all of these scams operate on the same basic principles, and even the details don't usually differ by all that much. That works in our favor because by learning to watch out for a few simple "tells" (a poker term for those who don't know) we can always spot one of these scams no matter how it is packaged up.

Binary Options Scam Example

Let's look at how one of the higher visibility versions of this scam works shall we? This particular binary options scam is called the "Profit in 60 Seconds" system. You can read about this scam in detail here if you want.

The profit in 60 seconds system claims that they will give you access to a "free" one-month trial of their amazing software product which will make you tons of easy money. Sounds good right? Just one little thing first. You must deposit $200+ with my preferred broker, and then you can have access to my awesome system that will make you tons of money. Wait, this doesn't sound quite so "free" anymore.

Despite your reservations you went ahead and deposited with the requested broker, and got access to this wonderful "free" software that is about to make you rich! Not so fast, playboy. It turns out, all that this amazing software does is empty your account balance. Ouch. The only one who made any money at all in "60 seconds" was the scammers pushing this product. Be warned, and stay far away!

And that, my friends is exactly how 90%+ of the binary options scams out there currently operate. So if you can learn to spot one, you can learn to spot them all. Stay safe out there!

Boss Capital Launched For US-Based Binary Options Traders

US-based binary options traders rejoiced this month when for the first time in a long time a broker was launched especially to serve them! The unfortunate trend of the last two years has been a steady decline in the number of brokers willing and able to serve the US market for binary options trading. So a reversal of this trend is indeed reason to rejoice for US traders. But is Boss Capital any good? A crappy broker willing to serve the market won't do us all that much good, and would probably be worse than no broker at all. Hopefully Boss Capital won't disappoint.

(Image Courtesy of www.GlobalBinaryOptionsResearch.com)

Boss Capital Review General Information

Website Address: http://www.bosscapital.com/

Minimum Deposit Amount: $200

Demo Account Upon Request

Deposit Bonus of up to 100% (or more for VIPs!)

Contract Count: Seven (7)

Underlying Asset Count: 150+ and counting!

Boss Capital Trading Platform Review

The Boss Capital trading platform uses the sophisticated Tech Financials binary options platform technology, which is widely used among the very best brokers in the business. However, we think that Boss Capital probably does a better job of customizing, implementing, and operating the platform technology than anyone else in the business at this time. And it is likely to stay that way for at least the near future. It has a nice look and feel to it, is easy to learn and operate, and most important of all, appears to be glitch-free and reliable.

When considering the relative merits of a binary options trading platform one of the most important points which we consider is the variety of contract types to trade with, as well as the number of underlying assets to choose from. Luckily, Boss Capital brings their A-Game in both categories, making for some happy traders here. Boss Capital offers a total of seven different contract types: high/low and above/below, daily and high-yield weekly one-touch options, daily and weekly high-yield boundary options, and of course the famous short-term options. As for underlying asset selection? Oh yeah, nearly 200 at the current count and growing all the time.

Concluding Remarks

In addition to their great trading platform, Boss Capital also offers their clients access to an extensive library of materials from basic education and introductory strategy, to full education courses and advanced strategy development webinars, among other things. You will also have 24/7 access to an account manager, either your own or a backup. Overall, Boss Capital is possibly the best all-around choice for US-based binary options traders, and even a solid choice for the much more competitive global marketplace for binary options trading. Stay safe out there!

24Option "Short-Term" Options Trading - A New Addition To The Lineup

Introduction To 24Option

24Option has been a popular binary options broker since they launched in 2012, and they have come a long way from there even. They have managed to remain relevant and competitive this whole time, innovating when appropriate and holding steady when it isn't. 24Option recognized a good thing when it saw it in 60-second options -- originally developed by Traderush -- and knew that this was a time for innovation. The 24Option answer to Traderush's 60-second binary options was their very own "short-term" binary options.

24Option Short-Term Binary Options Trading

The short-term binary options offered by 24Option are an attempt to "one-up" the brokers offering just 60-second options. During our 24Option review (read more reviews here) we were able to trade 60-second options, 30 second options, 120 second contracts, and even up 5-minute contracts! choose from among 30 seconds, 120 seconds, and 5 minutes as well. this provides significantly more flexibility in your trading and with your strategy development.

When trading short-term option people usually like to start out small with their investment amounts, and then slowly but surely work their way "up the ladder", in a manner of speaking. This has several benefits to it but the most important of them is that it should keep you from losing your shirt right off the bat while still getting the hang of trading these instruments.

Concluding Remarks Regarding 24Option

Short-term trading suits the profile of a trader who wants to minimize the risk and make quick profits, at the same time. However, without a good comprehension of the market and a precise execution time the profits will not show up. A short-term trader has to learn when the best time to get in is and which amount is the most appropriate for each investment. Once you have mastered these two, you are on your way to binary options trading success.

One of the many strengths of 24Option is their outstanding education center and free webinars for clients. Most binary options brokers offer at least some kind of educational material for new traders. But 24Option goes all out, with in-depth guides for both beginners and more advanced traders, a video academy, and live webinars held throughout the month each month. This is just a solid broker all around folks. Let us know if you have traded with them before and what you thought!

How To Choose A Good 60-Second Binary Options Broker

Most Forex traders are well accustomed to, and may even thrive in market volatility.  Indeed, that group of speculators readily comprehend their positions in the world's most liquid commodity exchange forum.  Many amateurs wanting to wet their feet without taking a bath in watershed of forex losses are well advised to learn about forex binary options fast.  Those who are unfamiliar with this trading model might do well to rely on forex 60 second binary option brokers. As experienced experts, these professionals can assist you tremendously insofar as binary options trading and provide an excellent mentor and confidante.  Specialized expertise sprinkled with a liberal amount genuine concern for your well-being is a winning combination that simply cannot be beaten. Nor can you afford anything less during your first days of making forays into the forex market.

A major drawback of non-binary brokers is that most do not accept US clients.  There are still many forex binary options brokers that welcome US traders, including some of the world's best brokerages of their kind.  This is quite fortunate for new traders, as binary options are somewhat more risky than regular forex ventures. For this reason and many more it is crucial that you do your trading on a solid platform, with a reputable and reliable broker with excellent customer service. It is also important that you learn how to avoid things like the profit in 60-seconds scam. Unfortunately, there is more like that out there.

The return on a 60 second binary options can be as high as 81%+ with the good brokers. With the potential profit being that good, it is easy to see why traders would be attracted, but also why there needs to be measures to ensure that this new trend in trading does not prey on individuals that have issues with gambling. Most sites that offer 60 second trades will limit the amount per trade. However, if the limit is $100 per trade there is still the potential to lose $6000 in one hour. Conversely, there is the potential to gain $4,860 in an hour. As always, never trade with funds which you cannot afford to lose.

A very frequent and potentially fatal error made by  forex novices is not checking out brokers they entrust to execute trades on their behalf.  It is important to find a binary options broker with abundant knowledge and competence who stays abreast of emergent trends.  This is the best type of friend to have in your corner to realize maximum yield on hard earned funds with least risk and lowest long-term cost.

The "Profit In 60-Seconds" System - Super System? or Just a Scam?

The trading of 60-second binary options has become incredibly popular lately, with trade volumes for 60-second contracts being not all that far behind the volumes for standard, high/low binary option contracts. And that is just crazy, especially considering that 60-second options are only a couple short years old at this point. They were first introduced to the market in 2011 with the launch of Traderush, the innovator of 60-second binary options trading. However, since that time they have spread across most of the industry, with all of the most popular and top-rated brokers offering some form of 60-second, or "turbo" trading.

Profit in 60-Seconds Review - Super System? or Simple Scam?

The Profit in 60-seconds software is claimed to be a system for automatically trading and profiting from these options with a very high success rate. So if these claims are even partly true, with compounding returns we are all going to be filthy rich is no time at all. Woohoo! Ah, but no fast. Because alas, it turns out that none of this scammers claims are even partly true, and the "system" only works well at emptying your account balance. The only person who is going to "profit in 60-seconds" from the use of this software is the jerk pushing it. The "Profit in 60-Seconds Scam" is a much more appropriate and truthful name for this crap.

This scammer tricks people into paying for his worthless system by pretending that he is giving them a free 30-day trial of the product. Our profit in 60 seconds review tells an entirely different story. All you have to

do to get this "free" trial is deposit $200+ with one of his partner brokers, who then turn around and pay him a $200+ "finders fee" for referring them a new client. So in all reality he is charging you $200+ for his crappy software. And you'll be lucky if that's all it costs you. Because if you were to deposit more than the $200 minimum, and then actually use the system on your new account you would quickly just lose whatever account balance you might have. Even worse is that he probably has a revenue sharing deal with these brokers, whereby the more you lose the more he makes, giving him an incentive to make his "system" as crappy as possible. Doesn't get much more scummy than that. Stay far away from this ripoff folks.

For More Reading On The Subject, and How to Protect Yourself From Any Variety of the Many Scams Which Currently Exist, our friends over at USBOinfo have a great page which shows you just what to look for when evaluating any of these offers! Learn to spot them and you need never fall victim again, no matter what disguise the scam comes in!

An Overview Of The GOptions Service And Trading Platform

It is evident that there is something unique about this broker as they have continued to become popular with time. GOptions review indicates that they have a lot to offer their clients and by this, everyone can get his or her share of attraction.

Apart from the affordable rates, they offer different kinds of contracts like low, long term, one touch and many others. There is also the availability of a demo account which you can use to familiarize yourself with their system.

From their numerous contract types to unique contracts are what has made this broker stand out of the crowd. These options include long term, unique ladder and turbo among others.  With the reliable software that it has, this in-depth GOptions review reveals that is has faster withdrawals with no hassles and automated trading for efficiency. This is greatly powered by their SpotOption trading technology which most traders find comfortable to use.

The option types carry the day in GOption performance given the very popular traded assets that they present to their customers. Their Long Term contracts are based on different ranges of payouts and can go up to a year expiry. The available Turbo binary option also has a good range of 60 seconds and down to 30 seconds binary option.

What gives more credit to this broker is the daily and weekly options which is not so common with other brokers.  With this, there is absolutely lesser magnitude goals and return rates which are offered all together. These have proved to be flexible on use regularly especially the daily options.

There is also the Ladder options contract which this broker offers. This is quite new in the market and may not be common with the other brokers.  To cap it all, they offer the Signal service marketplace with free and paid services.  However, as long as you become a client, you have the liberty to access the signals marketplace freely.

There is also the customer service section to help you out in case of any query.  Additional education materials are also available for more information. All these will of cause give you appropriate responses as required.

The research on GOptions also revealed that indeed, they have received more industry awards than all the other brokers for the 2013 period of time. This broker also provides enough educational materials and strategy articles to guide its customers. All these have resulted to this broker being the number one for US based binary options traders.

Market Lose Some Steam Heading Into Mid-Week 3-11-2014

US markets today posted some of their steepest losses in quite some time (excepting last week's larger decline), and it may have been a telling day for the future. We shall see, of course, but I would say that further declines are more likely than not. Let's look at a chart of the DJIA index for today.

As you can see from the chart above the markets pulled a fast one on a lot of folks, faking up slightly early morning, only to rip back the other way, and decline for most of the rest of the day. We've been looking for something like this to occur, but it still doesn't really mean anything unless and until we seem some confirming  moves. That makes the rest of this week's action especially important going into this weekend. If we see decent magnitude declines tomorrow, many traders may not want to hold on to their positions over the weekend. Their selling out of those positions of course causing even more rapid declines on Friday.

That isn't a theory by the way, but rather just one version of possible events. At this point it really could still easily go either way. In fact, the odds are probably slightly with the bulls at this time. We'll be keeping a close eye on the US indices in the coming days, and you should too. Stay safe out there!