BEWARE - Banc de Binary

Hi,

it appears that this is one big fraud operation run by lowlifes.

http://www.scambook.com/company/repo...Banc-De-Binary

They are actually "Speaker Hall Sponsor" at Finacial Partners Expo.

http://www.financialpartnersexpo.com...itors-sponsors

Everyone promoting this pathetic enterprise is ruining the reputation of
his/her website(s) in my opinion. They do not even honor payout requests
of those who did not accept a bonus in the first place.

Do these people really have to be part of LAC?

European Headquarters
1 King Street, London EC2V 8AU
+44-2070992097

Later

Can you summarize why they are scammers? Too lazy to click the link and I'm sure others would appreciate a summary if there is a good reason to not work with them.

Well,

their customers report all kinds of problems and issues but the one
that repeats itself over and over is Banc de Binary's denial to release
initial deposits, to customers who did not receive or accept a bonus.

http://www.forexpeacearmy.com/forex-...nary-scam.html
http://www.forexpeacearmy.com/forex-...our-money.html
http://www.forexpeacearmy.com/forex-...-my-money.html
http://www.forexpeacearmy.com/forex-...nary-scam.html

https://www.google.com/#q=banc+de+binary+scams&tbm=vid

http://www.sec.gov/litigation/litrel...13/lr22767.htm
http://www.sec.gov/litigation/litrel...13/lr22718.htm

They also provide so-called VIP clients with their personal brokers
suggesting them trading entries.

In binary options trading participants are trading against the broker.

If the customer loses the broker profits. What is the point of a trading signal?

Imagine a representative of a Las Vegas casino calling customers and
offering them their personal calibrated winning slot machine if they deposit
more money.

Later

I have dealt with Ruben from there and he seems to be a very legitimate guy. Binary options on the whole seems like a Finance version of a casino and like a casino it lacks credibility but is very lucrative

financial gambling it really is

affiliatehero, if you work with the right casinos, there is much more credibility.

Good point star, why would you want a personal broker, if the broker was always trading against you?

I think that many oiptions sites are geared toward the less saavy visitor, and when they hear the words like invest, broker, options, trade etc they are misled to think they really are investing.

The fact that players are getting hurt from many of the options gambling sites is no surprise, but just because the affiliates can make money should not excuse players getting hurt.

Rick
Universal4

Quote:

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Originally Posted by universal4

affiliatehero, if you work with the right casinos, there is much more credibility.

Good point star, why would you want a personal broker, if the broker was always trading against you?

I think that many oiptions sites are geared toward the less saavy visitor, and when they hear the words like invest, broker, options, trade etc they are misled to think they really are investing.

The fact that players are getting hurt from many of the options gambling sites is no surprise, but just because the affiliates can make money should not excuse players getting hurt.

Rick
Universal4

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Offering a personal broker does appeal to the trader as they like the "VIP" feel and treatment. Traders never want to be known as gamblers and feel they are great at what they do when in reality a coin flip in the air can predict which way the market goes in 60 seconds.

I've always felt that Banc de Binary is no longer legitimate but the more i keep shut about the matter, the more people keep complaining about their fraudulent activities. I wonder why they keep disturbing me to promote them.

I speak as I find and I've always found them OK. If you look around the web you will find scam accusations about virtually any broker. I guess the bigger the outfit that you are, the more buzz you generate.

This is really financial version of gambling indeed.
... and the odds of winning are not so high around 1.8.
Prefer to bet on sports betting exchange under/over 2,5 goals with odds around 2.0, for example. :)

Why is binary options gambling? If I know the market I have more trades right then wrong. Its not like flipping some kind of metal ball in a spinning wheel with virtually NO chance of ever knowing what is going to happen? Yes I can use 1-3-2-6, or any kind of stupid strategy but thats the same with binary options. If you know the market it is not gambling. That you only know about gambling because in life, your a gambler, that doesn't give you the right to call binary option trading gabling. What about Double Up, Roll over, One touch, if you even know what these features are... You call that gambling? Gamers most stupid answer of saying the odds of winning are not so high 1.8.... what is that about, have you ever traded binary options or are you just a simple degenerate gambler trying to make some with his affiliate site?