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For beginners in binary options it is important to avoid scams. There are many scam brokers and scam robots trying to rip off new customers, you should learn to avoid fraudsters.

Scam by Opteck

I had been scam by Opteck after trading with them. They refuse to approve my withdrwal. How am i going to retrieve my money back. Anyone can advise? Someone recommend me Mychargeback. Is it reliable? Really need help.

Expert Option Scam - Cut down payouts and refuse withdrawal

Just want to share my experience with scam binary option broker Expert Option. When I made profit and wanted to withdraw, Expert Option refused to pay and closed my trading account. They fooled me with a contrived reason, that I violated terms, but also didn't want to return my deposit.

Opteck Scam - Opteck is registered in Cyprus and regulated supposedly by CySec

I opened an account with this binary options broker and deposited money £850.00p. My intention was to learn how to use it. I was appointed a 'account manager' who applied a 'bonus' that required me to trade a volume to receive a bonus. Not taken with that idea I asked for it to be removed.

Watch out for Everyoption and their account managers (MR. Ari Price)

It seems quite a few people have been scammed by this type of scheme. Here is my experience with Everyoption and the account managers. The key point is never trust money account manager from any brokers for binary option (BO) trade because of the all or nothing nature of BO.

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