{"id":4628,"date":"2019-12-17T10:05:29","date_gmt":"2019-12-17T10:05:29","guid":{"rendered":"https:\/\/trade-malaysia-option.com\/scams\/"},"modified":"2025-02-24T14:04:58","modified_gmt":"2025-02-24T14:04:58","slug":"scams","status":"publish","type":"post","link":"https:\/\/trade-malaysia-option.com\/en\/scams\/","title":{"rendered":"Scams and Blacklists"},"content":{"rendered":"<p>Scams are unfortunately all too common in the field of binary options.\u00a0Dishonest brokers and reviews, or stolen robots and auto trading services \u2013 scams can come in many forms.\u00a0Therefore, we felt the need to create this blacklist and list all known scams and dishonest techniques in one place.\u00a0We also go through the steps you can take to identify potential scams and how to deal with the situation after the fact if you are already a victim.\u00a0If you know or suspect something is a scam, and we&#8217;re missing it on our blacklist, please let us know and we&#8217;ll look into it!<\/p>\n<p>&nbsp;<\/p>\n<h3 data-fontsize=\"36\" data-lineheight=\"36\">Why Are Fraud Stories So Common?<\/h3>\n<p>When any new financial instrument or form of trading emerges, various businesses tend to get involved.\u00a0It is a fact that some product suppliers will be more reliable than others.\u00a0This is certainly true of binary options.\u00a0It is an accessible and popular way for individuals to trade the market.\u00a0Moreover in their early days, binary options trading platforms tend to operate under the radar of regulators and from any country over the internet \u2013 so it&#8217;s no surprise that unscrupulous operators seek to take advantage.\u00a0Thanks to better regulations, a strong online trader community and honest reviews, it&#8217;s now easier to tell a scam from a legitimate broker.\u00a0But like any international online market, there are still some shady outfits that will leave you with less than you bargained for.\u00a0So what are the red flags to look for?\u00a0Here are the things to consider when you choose to choose your binary broker.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"are-binary-options-a-scam\" data-fontsize=\"36\" data-lineheight=\"36\">Are Binary Options Scams?<\/h3>\n<p>The term &#8220;fraud&#8221; encompasses a wide range of behaviors, from providing misleading information to lure you in, through draining account balances \u2013 and even dishonest trading advice.\u00a0Likewise, certain brokers may not be fraudulently fraudulent in their conduct;\u00a0only the services available on the platform (such as highly unreliable uptime or failure to repay funds on time) mean that this is a broker that should really be avoided.\u00a0In all these cases, the problem is not with binary options as a concept, it is with the broker.<\/p>\n<p>So, it&#8217;s a matter of doing your homework before you commit to any particular platform.\u00a0User reviews can be helpful (if they are genuine), but always treat reviews with skepticism \u2013 and never make decisions based on testimonials published on the broker&#8217;s website.\u00a0Even trader forums can be a problem \u2013 look closely and you&#8217;ll often find that the forum is an offshoot of a particular broker&#8217;s website.\u00a0An independent, comprehensive and comparative review is the safest way to &#8216;cheat&#8217; the examiner.\u00a0Ideally, focus on review sites that allow and encourage real-life users to get contacts and report and problems with a particular broker, so you can make sure that what you read is up-to-date.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"trusted-brokers-in-ukraine\" data-fontsize=\"36\" data-lineheight=\"36\">Trusted Broker in Malaysia<\/h3>\n<p>Here is an updated list of our 3 most up-to-date trusted brokers.\u00a0You can find a list of all the brokers we recommend here.<\/p>\n<aside class=\"table-wrapper\">\n<table>\n<thead>\n<tr>\n<th><\/th>\n<th class=\"left sortable\">BROKERS<\/th>\n<th class=\"left\"><\/th>\n<th class=\"sortable\">CONTROLLED<\/th>\n<th class=\"sortable numeric\">DEPOSIT MIN<\/th>\n<th class=\"sortable numeric\">PAYMENT<\/th>\n<th class=\"sortable numeric\">BONUS<\/th>\n<th><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<div class=\"clickable\"><img decoding=\"async\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2013\/09\/binary-com-logo-min.png\" alt=\"Binary.com logo\" width=\"150\" height=\"50\" \/><\/div>\n<\/td>\n<td class=\"left\">Binary.com<\/td>\n<td><img decoding=\"async\" title=\"Top Recommended Brokers\" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2017\/02\/1st.png\" width=\"40\" height=\"40\" \/><\/td>\n<td><\/td>\n<td>$5<\/td>\n<td>90%<\/td>\n<td><\/td>\n<td class=\"join\">\u00bb Tour<\/td>\n<\/tr>\n<tr>\n<td>\n<div class=\"clickable\"><img decoding=\"async\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2015\/01\/IQ-Option-Logo-150x50.png\" alt=\"IQ Option Logo 150x50\" width=\"150\" height=\"50\" \/><\/div>\n<\/td>\n<td class=\"left\">IQ option<\/td>\n<td><\/td>\n<td><\/td>\n<td>$10<\/td>\n<td>91% *<\/td>\n<td><\/td>\n<td class=\"join\">\u00bb Tour<\/td>\n<\/tr>\n<tr>\n<td>\n<div class=\"clickable\"><img decoding=\"async\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2018\/06\/spectre-AI-150x50.png\" alt=\"monster AI logo\" width=\"150\" height=\"50\" \/><\/div>\n<\/td>\n<td class=\"left\">Ghost<\/td>\n<td><\/td>\n<td><\/td>\n<td>$10 (ETH)<\/td>\n<td>Up to 200% *<\/td>\n<td><\/td>\n<td class=\"join\">\u00bb Tour<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/aside>\n<div><i>Brokers are filtered based on your location (Malaysia).\u00a0Refresh this page with location filtering<\/i><\/div>\n<div><i>General risk warning: your capital is at risk<\/i><\/div>\n<div><i>* Amount credited to account in case of successful investment<\/i><\/div>\n<p>&nbsp;<\/p>\n<h3 id=\"regulation\" data-fontsize=\"36\" data-lineheight=\"36\">Rules<\/h3>\n<p>The UK Financial Conduct Authority (FCA) currently regulates binary options.\u00a0They have created a list of disallowed firms.\u00a0While they don&#8217;t call them scams, they make it clear that these firms are breaking the law by trading with UK visitors \u2013 so they&#8217;re best avoided.\u00a0The full list can be found here: FCA Invalid List<\/p>\n<p>On the other hand, the United States along with most other EU countries consider binary options as financial products.\u00a0Therefore, depending on where they are based, many platforms will be subject to oversight from regulatory bodies.\u00a0Examples include the CFTC in the US and CySec in Cyprus.\u00a0A platform&#8217;s regulatory status can be a very valuable trust indicator for traders looking to avoid fraud.\u00a0It indicates that brokers should adhere to certain minimum standards when it comes to service and transparency.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"marketing-too-good-to-be-true\" data-fontsize=\"36\" data-lineheight=\"36\">&#8220;Too Good To Be True&#8221; Marketing<\/h3>\n<p>Taken in isolation, the act of placing a trade should be a simple one;\u00a0and indeed, the usability of a platform tends to be a big selling point for brokers.\u00a0Although this aspect of binary options is &#8220;easy&#8221;, it is quite different to claim that profits are guaranteed.\u00a0Realizing profits through regular trading requires knowledge of how the market behaves, the ability to read market conditions and an understanding of strategy.\u00a0If the risk is off \u2013 or outright false claims are made (along the lines of \u201c95% trading success\u201d), this is a false guarantee.\u00a0It is a sign that the broker may be less than thorough in other important areas and the platform should be given a wide berth.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"terms-and-conditions\" data-fontsize=\"36\" data-lineheight=\"36\">Terms and conditions<\/h3>\n<p>Transparency is important.\u00a0Read the small print, and beware of unnecessary procedures for withdrawing funds.\u00a0The terms of your initial deposit can be another source of dispute;\u00a0for example, if you are denied access to the deposit until a number of trades are made \u2013 so your money is tied to the platform from the moment it is submitted.\u00a0This deposit retention is often a broader term associated with &#8216;bonus&#8217;.\u00a0CySec has tried to ban various terms by stopping the use of &#8216;match match&#8217; bonuses.\u00a0Non-CySec brands are still free to use it, so the T&amp;C must always be checked.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"cold-calling\" data-fontsize=\"36\" data-lineheight=\"36\">Cold call<\/h3>\n<p>These tend to fall into two categories.\u00a0The first is where you are called out of the blue and invited to sign up to a certain platform.\u00a0The second occurs where you are already tied to the platform and you receive a call (or email) from a \u201csenior broker\u201d who points you in the direction of a particular trade.\u00a0Reputable brokers don&#8217;t need to make cold calls.\u00a0Remember &#8220;cold calling&#8221; may include email as well &#8211; any form of unsolicited approach should be considered &#8220;cold&#8221; contact and treated with extreme suspicion.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"channel-sales\" data-fontsize=\"36\" data-lineheight=\"36\">Channel sales<\/h3>\n<p>You should always be clear about who you are dealing with.\u00a0In some situations, you may visit a site that appears to be a real broker, click a link to sign up only to be redirected to another broker.\u00a0Alternatively the trading &#8220;service&#8221; can specify that you only use recommended brokers.\u00a0These &#8220;funnel&#8221; sites are sometimes used as fronts by brokers with bad reputations, or work with them to deceive visitors (often using the misleading marketing mentioned above).\u00a0A good broker will deal with identity from the start.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"managed-accounts\" data-fontsize=\"36\" data-lineheight=\"36\">Managed account<\/h3>\n<p>It&#8217;s one thing for a broker to give you access to data and analytical tools to work out your own strategy (in fact, this is one of the signs of a great platform).\u00a0It is quite another for the broker to also offer trading advice.\u00a0After all, with an &#8216;over the counter&#8217; option broker, you&#8217;re betting against the house;\u00a0if the &#8216;house&#8217; makes a trading decision for you, it is almost impossible that the decision will be in your best interest.\u00a0This form of &#8220;upselling&#8221; is often the most profitable for the broker, and is usually where the trader loses the most.\u00a0Encouraged by an &#8220;account manager&#8221;, traders are advised to deposit more than they can afford and more than trade.\u00a0Sometimes large accounts will be deleted within hours.\u00a0&#8220;Advice&#8221; goes against any sound money management, and increases the risk very high.\u00a0Always be responsible for your own trading.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"price-manipulation\" data-fontsize=\"36\" data-lineheight=\"36\">Price Manipulation<\/h3>\n<p>There should be fair and transparent benchmarks against which brokers set their prices.\u00a0This benchmark must be what happens in the real world;\u00a0which is the real time market price.\u00a0If the broker has the right to set his own prices, you can assume that the figures will be skewed in your favor;\u00a0in other words, a loaded deck.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"blacklist\" data-fontsize=\"36\" data-lineheight=\"36\">Blacklist<\/h3>\n<nav><\/nav>\n<p>Listed below have generated many complaints both directly and on forums.\u00a0Disputes vary from upselling and encouraging traders to trade, without production and price manipulation.\u00a0There is little trouble for traders to raise disputes with unregulated brokers, so it is usually advised that you look for a trusted binary options broker \u2013 preferably set up in your own country if possible.\u00a0&#8220;Scam&#8221; has been widely used as a term to refer to any form of bad service, but it should be noted that many of these brokers may not be doing anything dishonest or illegal, but\u00a0\u00a0<em>have<\/em>\u00a0attract higher than normal levels of complaints.\u00a0If in doubt, trade elsewhere.\u00a0There are many honest brokers out there.<\/p>\n<p>&nbsp;<\/p>\n<h3 data-fontsize=\"36\" data-lineheight=\"36\">Robot Scams And Signals<\/h3>\n<p>These signal providers, or robot services, are either fraudulent or not recommended for other important reasons.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"instagram-and-facebook\" data-fontsize=\"36\" data-lineheight=\"36\">Instagram And Facebook<\/h3>\n<p>Beware of scams operating on social media.\u00a0Again, binaries are not a get-rich-quick scheme.\u00a0There are a large number of accounts that promise to trade on your behalf and turn $2k to $8k in a week.\u00a0If these claims are true, the people behind them won&#8217;t need to run ads or sign others \u2013 they&#8217;ll just trade.<\/p>\n<p>Successful trading screenshots are very easy to get \u2013 even true.\u00a0But these operators are unlikely to interfere with trading \u2013 when you send them money, it&#8217;s gone and you won&#8217;t hear from them again (unless they think they can get you to deposit more).\u00a0Always choose your own broker, and always be responsible for your own trades \u2013 never let someone else trade on your behalf.\u00a0If you don&#8217;t understand binary options, or don&#8217;t have time to trade \u2013 then don&#8217;t trade at all.\u00a0This scam often falls prey to inexperienced people.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"victim\" data-fontsize=\"36\" data-lineheight=\"36\">What To Do If You&#8217;ve Been Arrested<\/h3>\n<p><em>Do you think you have been a victim of a binary options scam?\u00a0Read on to find out what you can do if you have been infected.<\/em>There are many ways to help make sure you don&#8217;t fall victim to scams but the reality is that even if you follow all of those tips there is still a chance you will get scammed.\u00a0If that happens, what do you do?\u00a0Did you sit down and take it?\u00a0Are you giving up on trading?\u00a0No, you have to stand tall and see for yourself.\u00a0Trading is good, it&#8217;s rewarding and can lead to a life where you don&#8217;t have to go to work and punch the clock.\u00a0You can&#8217;t let the actions of one broker, signal service, robot or guru stop you from that path.\u00a0This article looks at what you can do if you think you&#8217;ve been scammed.\u00a0There may be a problem that will not be able to earn your profit,<\/p>\n<p>MyChargeBack.com is a firm that specializes in helping victims of binary options scams.\u00a0They help the claimant to explain the incident to the bank or credit card company, so that they fully understand what has happened.\u00a0Some banks are not aware of binary trading and do not want to listen to claims.\u00a0MyChargeBack helps in this situation.\u00a0They have a strong record of recovery from genuine claims.<\/p>\n<p>If you haven&#8217;t sought third-party help, here are some steps you can take yourself:<\/p>\n<ul>\n<li>Document everything. The first thing to do is make a record of everything.\u00a0This includes the broker, or SSP, terms &amp; conditions, a copy of any email \/ Skype \/ live-chat you have with them, confirmation of your deposit, redemption requirements for bonuses and your trading history.\u00a0No matter what you do next, this information is needed to get satisfaction.\u00a0What you do next will depend on the type of scam you&#8217;ve been a victim of.<\/li>\n<li>Trying to withdraw.Broker won&#8217;t let me withdraw.\u00a0Contact the broker and try to find out why they won&#8217;t let you withdraw.\u00a0The most common reason is that you did not send the correct ID documentation, something that is required by international law, and is an easy problem to fix.\u00a0The next most pressing reason why withdrawals are not allowed is because of bonus terms and turnover requirements.\u00a0If you have not met the requirements, you will not be allowed to make any form of withdrawal, which is why you want to keep track of all your trading volume and trading earnings.\u00a0If you didn&#8217;t receive the bonus in the first place your documentation will help you prove it.\u00a0A good broker will try to solve your problem,<\/li>\n<li>Make your voice heard.Broker keeps giving me the run around.\u00a0If your broker is giving you a chance and won&#8217;t discuss your issues, the best path to satisfaction is to let the community know what&#8217;s going on.\u00a0After all, it&#8217;s the wheels that get the grease.\u00a0You can do this by posting a complaint, with details, in a forum like here on Binaryoptions.net.\u00a0When you do this make sure you let the broker know and send him the link.\u00a0They may not care, the sign of a shady broker, but when it comes to a reliable broker they will want to deal with your problem to avoid bad publicity.\u00a0When submitting a complaint providing as much detail as possible, simply saying that the broker cheated you is not enough,<\/li>\n<li>Contact their payment provider.\u00a0Brokers won&#8217;t help, now what?\u00a0At this point the chances that you&#8217;ve been infected, and not just suffered from miscommunication, are pretty high.\u00a0If you are not satisfied with your broker, you need to take more drastic measures.\u00a0If you deposited with a credit card this may mean calling the card company and asking for a refund.\u00a0Let them know the upfront charge is a scam and that the company in question does not return your contact request for best results.\u00a0The Times Of Israel reports that the fraud victim was able to get a full refund of his deposit after contacting the financial institution that processed the broker&#8217;s payment.\u00a0They withhold payment until the broker meets the claim.<\/li>\n<li>Call the regulators. Time to call in the big guns.\u00a0The good thing about expanding binary options regulation is that there is an alternative for many traders who think they have been scanned, you can contact the regulator.\u00a0In some cases this can be a challenge as many brokers are located offshore and hidden behind parent companies and virtual offices so be sure to do your homework.\u00a0If the broker is regulated, contact the agency that oversees them, if they are not regulated by contacting the agency that oversees financial regulation in your country.\u00a0If the broker is regulated, they need to address your issues, to the satisfaction of all parties, to remain compliant.<\/li>\n<li>Go ahead. Brokers like to hire people who are good at arguing questions and complaints, don&#8217;t accept what they say.\u00a0It may take time but eventually you will talk to the right person, or people, and your case will be dealt with.\u00a0What is most likely to happen is that a combination of your contact requests, forum complaints and charges with regulators will add up to one thing, the broker giving you your money back to avoid more hassle.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 id=\"identify\" data-fontsize=\"36\" data-lineheight=\"36\">How to Spot Scam Trading Strategies<\/h3>\n<p>The internet is loaded with ads, articles, companies and individuals trying to give you the next big trading strategy that will make you rich overnight.\u00a0Take a break my friend, here are tips to help you spot scams.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"a-system-or-only-a-strategy\" data-fontsize=\"36\" data-lineheight=\"36\">System or Just Strategy?<\/h3>\n<p>First and foremost trading strategies will not help you become a good trader.\u00a0What you need is a whole system.\u00a0When you create a trading plan, it should cover how you will enter the market, exit the market and how you will manage your money.\u00a0It should also tell you under what market conditions you are doing all these things.\u00a0That&#8217;s the system, it tells you everything you need to know about how you&#8217;re going to trade.\u00a0Strategy on the other hand only tells you when to enter and exit, and may not tell you under which conditions it works best or not.\u00a0It also cannot provide guidance on position sizes or whether you can trade multiple assets at the same time \u2013 very important issues to answer.\u00a0In other words, the strategy may be missing the information you need to succeed.\u00a0We need a complete trading system&#8230; but marketers are smart, so they can easily just call the product they sell a &#8220;system&#8221; to make it more complete.\u00a0But is it?\u00a0Here are some things to watch out for to throw out your product as a possible waste of money:<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"boxed-system\" data-fontsize=\"36\" data-lineheight=\"36\">Boxed system<\/h3>\n<p>A boxed system is one where you can&#8217;t tell how the strategy works \u2013 it&#8217;s an obscure &#8220;black box&#8221;.\u00a0For example, the product could just be some indicator or service that tells you when to trade, but not why.\u00a0This won&#8217;t make you a better trader, because you don&#8217;t know what&#8217;s going on behind the scenes.\u00a0If the signal product or service stops working, you are at a loss.\u00a0Even if you make money with a product \/ service, you have to start from scratch again.\u00a0Make sure that if you buy something it explains how it works, so that in the end you don&#8217;t have to rely on the product \/ service.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"extremely-high-win-rates\" data-fontsize=\"36\" data-lineheight=\"36\">Very high Win Rate<\/h3>\n<p>Is it possible to get a 90% win rate?\u00a0Of course, but it is also possible to lose money with a 90% win rate.\u00a0Statistics can easily be manipulated to tell partial truths or tell lies.\u00a0Another popular tactic says things like \u201cMake $500 in one day!\u201d\u00a0So what?\u00a0That doesn&#8217;t really tell you anything.\u00a0If that is on a $1,000,000 account then making $500 is not that big.\u00a0And if they lost $3000 the day before, then just making $500 today and bragging about it is quite difficult.\u00a0Read what is implied.\u00a0What is not said?\u00a0To understand performance, you need several bits of information: Account size (capital), percentage return, total risk per trade, total profit per trade, win\/loss ratio, biggest winner,<\/p>\n<p>There are also some other metrics that can help you, but if you ask the company for this information, and they can&#8217;t or won&#8217;t give it to you, be suspicious.\u00a0You can usually get an idea of \u200b\u200bthe system&#8217;s vulnerabilities and tendencies by looking at the statistics above.\u00a0One of the main points is that the strategy needs to be tested over a long period of time, and in all market trends &#8211; uptrends, downtrends, ranges, volatile and calm conditions.\u00a0It&#8217;s not necessarily profitable in every one of these environments, but it&#8217;s at least been traded through them all so you know that the system\u00a0\u00a0<em>as a whole<\/em>\u00a0profitable.\u00a0Often marketers will only publish results for periods where the strategy performed well.\u00a0But this does not give you a real idea of \u200b\u200bhow the strategy or system works over the long term.<\/p>\n<ul>\n<li>In relation to statistics there are other things you need to consider.\u00a0If the system is profitable, the result is based on all trades.\u00a0If you bought the product or service, would you sell it all?\u00a0The issue that many traders face when subscribing to signal services is that they do not trade all signals.\u00a0If you do not trade all the signals then your personal results may differ dramatically from the typical results from the service.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 id=\"only-one-direction\" data-fontsize=\"36\" data-lineheight=\"36\">Only One Direction<\/h3>\n<p>Avoid systems that only trade in one direction, for example only buying assets but not selling them short.\u00a0Markets go up and down, you want to participate in both trends.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"no-trial-period\" data-fontsize=\"36\" data-lineheight=\"36\">No Trial Period<\/h3>\n<p>You should be able to test the product and be able to cancel without fuss if the service isn&#8217;t for you.\u00a0Usually a quick trade forum search on Google will reveal what other people are sharing about the product or service.\u00a0No try, no deal.\u00a0Don&#8217;t trust anyone, test things for yourself.\u00a0If they don&#8217;t let you, then watch out.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"final-words-on-identifying-scams\" data-fontsize=\"36\" data-lineheight=\"36\">Final words on identifying fraud<\/h3>\n<p>A product or service should not make you dependent on it.\u00a0It should show you behind the scenes so you can finally trade on your own.\u00a0A good product will always have customers because there are people who don&#8217;t want to do the work themselves, and there are always new dealers.\u00a0There is no reason to make every client completely dependent.\u00a0Be careful with discarded statistics.\u00a0Ask yourself what statistics don&#8217;t tell you.\u00a0Also, if the statistics they provide are valid, then you need to trade all the signals to take advantage and get the special results of the service.\u00a0Of course remember, past performance is no indication of the future.\u00a0That&#8217;s how it pays to do homework,\u00a0and ensure that the strategy \/ system \/ service \/ product is based on a long history, and has proven itself to be profitable over all types of market conditions.\u00a0Test the product \/ system \/ service before buying it.\u00a0If they won&#8217;t let you try, be suspicious.<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"case-study-jv-affiliate-marketers\" data-fontsize=\"36\" data-lineheight=\"36\">Case Study \u2013 JV Affiliate Marketer<\/h3>\n<p>In this section, we will see how you can avoid being scammed by Binary Options JV Affiliate Marketers.\u00a0It&#8217;s not that hard, but requires you to let go of your emotions and examine things in a logical way, because most scammers use greed \/ emotional fear tactics to get your money.\u00a0Once you understand this, you can quickly and simply save your time and money with this irresponsible dolt.\u00a0Some scams just shine in how stupid they are, while others can be very good at the job of luring you with seemingly genuine people\/systems\/reviews (as opposed to you), as you can see on your $0 balance who wondered \u201d Where did my money go !?\u00a0&#8220;.<\/p>\n<p>As you will see in many scam videos, all you have to do is \u201cNO DEPOSIT\u201d then this scam no longer works.\u00a0So the next time you see a video of a similar nature, just know they are supporting a fraudulent system \/ marketer.\u00a0Understand if they require their deposit fly by night and even if they do not support scammers with the nature of requiring you to deposit with a new broker.\u00a0So just refuse to deposit and they leave.\u00a0Not the same stories and repeated promises to get you to sign up for their \u201cfree\u201d systems \/ bots \u2026 They are not free to deposit and they are paid on those deposits \u2026 So remember time \/ fast money \/ can not be lost!\u00a0\/ just fund your account = don&#8217;t do it!<\/p>\n<p>In this image above, you can see many fraudulent systems connected to each other on the same server most often.\u00a0These JV marketers have many of these turnkey scams because they are very low maintenance.\u00a0The reason you see so many of them is that after a few weeks of a new story line being marketed and getting boring, they&#8217;ll start production on another one and keep everything fresh and new thus avoiding the wrath of their old cheats that they complain about and share with others.\u00a0If they keep it new they will avoid this along with the fact that most beginners jump from one scam to another hoping this one will work,<\/p>\n<p>&nbsp;<\/p>\n<h3 id=\"case-study-scams-on-social-media\" data-fontsize=\"36\" data-lineheight=\"36\">Case Study \u2013 Fraud on Social Media<\/h3>\n<p>Social media is the &#8220;perfect&#8221; platform for scammers and can be more dangerous and convincing, and unlike JV marketers these people will talk to you directly, but only one point.\u00a0Once they think they can&#8217;t get anything more from you or that you no longer have any value to them, they will be your friend in a heartbeat.\u00a0The one thing they&#8217;re all after is your money, so make sure they ask for a deposit or signup that tells you about the incredible profits and opportunities, which will leave you empty-handed.\u00a0Videos like those used with &#8220;The Green Room&#8221; and &#8220;Group Wealth FB&#8221; will pretend to be traders \/ friends,<\/p>\n<p>Also \u2013 if you see them mentioning anything related to MLM ( Multi Level Marketing) , they are trained to lure you, so run the other way.\u00a0These guys don&#8217;t play around and will say what it takes to get you to sign up and invest.\u00a0There is a 45-minute interview for someone who has been scanned by both the \u201cGreen Room\u201d and the \u201cFB Wealth Group\u201d.\u00a0We call it the Binary Option Beast Option because that&#8217;s right in all its details.\u00a0If you&#8217;re new to binary options, read the warning signs above to see how they scam people out of their money so it doesn&#8217;t happen to you.\u00a0Also note how the work with live brokers, which shows that they can also be directly involved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scams are unfortunately all too common in the field of binary options.\u00a0Dishonest brokers and reviews, or stolen robots and auto trading services \u2013 scams can come in many forms.\u00a0Therefore, we felt the need to create [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[103],"tags":[111,142,107,108,143],"class_list":["post-4628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-panduan-en","tag-broker-en","tag-penipuan-en","tag-pilihan-binari-en","tag-pilihan-iq-en","tag-senarai-hitam-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4628"}],"collection":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/comments?post=4628"}],"version-history":[{"count":4,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4628\/revisions"}],"predecessor-version":[{"id":4881,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4628\/revisions\/4881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media\/3436"}],"wp:attachment":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media?parent=4628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/categories?post=4628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/tags?post=4628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}