Sunday, April 29, 2012

Are Binary Options Basically A Scam?

Well the short answer in no.
We've been trading binaries for awhile now so for ourselves we had no doubt but we do run across a fair amount of confusion surrounding this subject.
Thankfully (so we didn't have to do it) our friends at BOTSchool have done a fabulous job of clearing up the issue once and for all.
So find out for yourself if there really is a binary options scam!
Logical exercises and history lessons by themselves not enough to convince you that there is no binary options scam? Nothing wrong with due diligence. Let us take a good look at how these brokers actually do make their money shall we?
This choice quote from the article pretty much sums it up for me but there is also nothing wrong with a little skepticism and doing your own due diligence!