Binary options investments are also called as money or nothing investments. These are investments that pay off nothing at all or a fixed amount of money.
Like other online trading platforms, binary options investments are also full of scams and frauds. It is considered as the most fraudulent online trading method. And after getting lost, there is zero compensation for the investors. While investing, investors are told that the money goes directly into a separate bank account.
But the reality is the opposite as there is no such bank account in binary options. It is the broker’s account where the money is deposited. The broker is usually a fraudulent or scammer. Investors keep on investing their money, and at the end, when they try to withdraw it, and they found that they are scammed.
So, there is no way the investor can find that he is getting scammed until he tries to withdraw his money.
