Binary Options Scam - Get Your Money Back!
If you've lost money to scammers, contact us
immediately, and we will work with you to recover your funds!
Binary Options Scam: Recover Your Lost Funds!
Every year, thousands of fraudulent binary
options brokers emerge, and our mission is to fight back. If
you've been cheated by your broker, contact us as soon as
possible. The sooner we face them, the sooner we can get your
money back.
Contact Us
How Does It Work?
We work tirelessly to help clients who have
fallen victim to binary options scams. Our recovery experts
strive to recover your losses and correct the wrongs you've
suffered at the hands of malicious individuals and companies
that operate fraudulently. Additionally, our information guides
will help you avoid such scams and prepare for potential future
attacks.
What is Binary Options?
Binary options are a type of financial
product classified as exotic options. Binary options trading
may seem like a new speculative market, but they have been
around since 1974. They were created by the CBOE (Chicago Board
Options Exchange), one of the largest derivatives markets in
the world. Binary options were not widely available to the
public until 2008, when many entities replicated the original
CBOE asset type list. Binary options are a form of option that
allows you to guess whether an option will expire — that's it.
Some unregulated binary options brokers allow bets on losing
outcomes. A simple yes or no bet, hence the name binary. Modern
binary options have expiration times ranging from a week to a
few minutes, with most modern binary options platforms focusing
on one-day expirations.
Common Types of Binary Options?
Binary options are legal in the US and are
regulated by overlapping authorities, primarily the CFTC
(Commodity Futures Trading Commission) and the SEC (Securities
and Exchange Commission).
How Do Binary Options Robots Work?
Binary options robots operate through various
means — primarily executable software, while another method
requires you to share account information so the robot can
trade on your behalf.
What is Binary Options Trade Copying?
Binary options trade copying is a service
offered alongside robots and signals. Trade copying essentially
connects your brokerage account to a "master" account that
automatically trades your account for you.
I Got Scammed by Binary Options. How Do I Get
My Money Back?
If you've been scammed out of money by
dishonest binary options brokers or services that lied about
their performance, you may still have options to recover some
or all of your money.
Review Your Case
Based on our experience, we
conduct a preliminary review to assess whether
the case can lead to substantial recovery.
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2
Related Entities
Systematically confront the
entities involved in illegally transferring
your wealth.
Gather Evidence
Collect all the necessary
information and documents to successfully
handle your case.
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4
Get Your Money
We take pride in our track
record and assure you that we will do
everything we can to recover your funds.
There are three main types of binary
call/put options:
High/Low Binary Options
You bet on whether the price will close above or below a specific price
Touch/No Touch
You bet on whether the price will reach or not reach a specified price level at least once before the option expires. It does not matter if the closing price is above or below the price, only that it reached that price level before expiration.
Boundary
You bet that the price will not reach a level above or below the current trading price. For example, you want to bet that within a specific time frame, XYZ will not trade above $2.00 or below $1.00 — if the price stays between these two values, you win.
High/Low Binary Options
You bet on whether the price will close above or below a specific price
Touch/No Touch
You bet on whether the price will reach or not reach a specified price level at least once before the option expires. It does not matter if the closing price is above or below the price, only that it reached that price level before expiration.
Boundary
You bet that the price will not reach a level above or below the current trading price. For example, you want to bet that within a specific time frame, XYZ will not trade above $2.00 or below $1.00 — if the price stays between these two values, you win.
Key Points:
1. Binary options are an extremely volatile and questionable speculative market, banned in the EU and the UK in the past three years.
2. There are very few regulated binary options brokers, which increases the risk to your funds.
3. Companies like ours can help victims of binary options fraud recover their funds.
4. Do your due diligence and research each binary options trading platform, and look for reviews from different users.
5. Never risk more than you can afford to lose.
Are Binary Options a Scam or Legit?
1. Binary options are an extremely volatile and questionable speculative market, banned in the EU and the UK in the past three years.
2. There are very few regulated binary options brokers, which increases the risk to your funds.
3. Companies like ours can help victims of binary options fraud recover their funds.
4. Do your due diligence and research each binary options trading platform, and look for reviews from different users.
5. Never risk more than you can afford to lose.
The vast majority of binary options
are scams and operate in illegal markets. You may be
surprised to learn that binary options are legal in the
United States but now illegal in the EU and the UK,
considering the various legal differences between financial
regulations in these regions. In fact, the bans on binary
options markets in the EU and the UK were only recently
implemented — the former in 2018 and the latter in 2019.
One important reason for the EU ban was the questionable
nature of the wide approval granted to numerous unethical
binary options brokers by the Cyprus Securities and
Exchange Commission.
From a compliance perspective, the highly regulated environment in the United States makes participating in binary options safer, but it does not eliminate the inherently high-risk nature of binary options. There may be no other market in the financial sector that is more ridiculed by professional speculators and investors than binary options. Know that binary options are more akin to gambling than speculation, and they are truly a zero-sum tool.
From a compliance perspective, the highly regulated environment in the United States makes participating in binary options safer, but it does not eliminate the inherently high-risk nature of binary options. There may be no other market in the financial sector that is more ridiculed by professional speculators and investors than binary options. Know that binary options are more akin to gambling than speculation, and they are truly a zero-sum tool.
Binary Options Robot Scams
If you are a day trader or aspiring day trader familiar with some of the world's largest speculative and high-frequency trading markets, such as forex or futures, you may be familiar with the prevalence of robots (often referred to as "bots"). Binary options robots are often sold as a way to manage your account. This involves sharing your account information or API to allow individuals or automated systems to trade on your behalf. Binary options robot scams involve many high-pressure sales tactics, false claims about returns on investment and success rates, and graphic depictions of a wealthy lifestyle resulting from using their system.
Binary Options Software Scams
Software scams in the binary options space are common and fall under the same umbrella as bots. Depending on the software used for binary options (most commonly done through a web browser), some software is touted as "advanced artificial intelligence (AI)" or "machine learning software," leading you to believe it is an extremely sophisticated algorithm that generates significant profits. Many software providers report high returns — the returns for the software provider come from selling their software to others, not from success in the binary options market. As with bot scams, beware of sales tactics and false lifestyle images.
Binary Options Trading Scams
The number of trading scams in the binary options space is enormous. Because some of the world's largest regulatory agencies have banned binary options, many former (and new) brokers have had to rebuild their businesses in countries with little to no real regulation. The widespread ban on binary options has resulted in thousands of unregistered brokers worldwide. Brokers within the binary options space are often questioned about thoroughly fraudulent data feeds. It's not uncommon to see bid and ask prices swing wildly in the final milliseconds, leading to significant losses on both sides of the trade! You can avoid some trading scams by using only regulated brokers, though there are few legitimate ones.
Binary Options Signal Scams
Signal scams are among the most common forms of financial fraud and scams in today's markets. For the binary options market, signal scams involve individuals or companies selling you trade ideas (signals) in exchange for a monthly fee. These signals are delivered via text, email, or their website. The most popular version of signal delivery in most markets is through the chat platform Telegram. As with any financial instrument, it's best to avoid signal providers — they are only interested in making money from you as a subscriber.
Fraud and losses in binary options? What to do below!
If you are a day trader or aspiring day trader familiar with some of the world's largest speculative and high-frequency trading markets, such as forex or futures, you may be familiar with the prevalence of robots (often referred to as "bots"). Binary options robots are often sold as a way to manage your account. This involves sharing your account information or API to allow individuals or automated systems to trade on your behalf. Binary options robot scams involve many high-pressure sales tactics, false claims about returns on investment and success rates, and graphic depictions of a wealthy lifestyle resulting from using their system.
Binary Options Software Scams
Software scams in the binary options space are common and fall under the same umbrella as bots. Depending on the software used for binary options (most commonly done through a web browser), some software is touted as "advanced artificial intelligence (AI)" or "machine learning software," leading you to believe it is an extremely sophisticated algorithm that generates significant profits. Many software providers report high returns — the returns for the software provider come from selling their software to others, not from success in the binary options market. As with bot scams, beware of sales tactics and false lifestyle images.
Binary Options Trading Scams
The number of trading scams in the binary options space is enormous. Because some of the world's largest regulatory agencies have banned binary options, many former (and new) brokers have had to rebuild their businesses in countries with little to no real regulation. The widespread ban on binary options has resulted in thousands of unregistered brokers worldwide. Brokers within the binary options space are often questioned about thoroughly fraudulent data feeds. It's not uncommon to see bid and ask prices swing wildly in the final milliseconds, leading to significant losses on both sides of the trade! You can avoid some trading scams by using only regulated brokers, though there are few legitimate ones.
Binary Options Signal Scams
Signal scams are among the most common forms of financial fraud and scams in today's markets. For the binary options market, signal scams involve individuals or companies selling you trade ideas (signals) in exchange for a monthly fee. These signals are delivered via text, email, or their website. The most popular version of signal delivery in most markets is through the chat platform Telegram. As with any financial instrument, it's best to avoid signal providers — they are only interested in making money from you as a subscriber.
If you find yourself an unfortunate
victim of a binary options scam, you may feel like you have
no choice but to accept the loss and move on. Don’t let bad
actors steal your money and get away with it! There are
many ways to pursue the individuals and entities who took
your money. We are experienced in recovering funds from bad
actors like binary options fraudsters.
Some of the methods we use and have had success with include chargebacks — working with you and your credit card company to create a real and effective fraud report. We work closely with you, and you will work with the same caseworker throughout the process. Fill out our success calculator to get started and check out your own recommendations and reviews!
Some of the methods we use and have had success with include chargebacks — working with you and your credit card company to create a real and effective fraud report. We work closely with you, and you will work with the same caseworker throughout the process. Fill out our success calculator to get started and check out your own recommendations and reviews!
How to Avoid Binary Options
Trading Scams
1. Only use regulated brokers — for the US, binary options fall under the jurisdiction of the CFTC (Commodity Futures Trading Commission) and the SEC (Securities and Exchange Commission). Legitimate brokers will openly disclose their license numbers and reference national regulators and websites.
2. Do your due diligence — read user reviews from various sources. Be wary of sites dedicated to reviewing binary options brokers — they are likely shell sites designed to steer you toward a specific broker or a select few brokers.
3. If the broker is unregulated, check where the broker is located — it's best to know which country the company's headquarters are in.
4. If you do decide to venture into the binary options market, test the broker’s data yourself. Review the broker and ensure the data feed is genuine, with no unusual price changes at expiration.
Are Binary Options Legal in the US?
1. Only use regulated brokers — for the US, binary options fall under the jurisdiction of the CFTC (Commodity Futures Trading Commission) and the SEC (Securities and Exchange Commission). Legitimate brokers will openly disclose their license numbers and reference national regulators and websites.
2. Do your due diligence — read user reviews from various sources. Be wary of sites dedicated to reviewing binary options brokers — they are likely shell sites designed to steer you toward a specific broker or a select few brokers.
3. If the broker is unregulated, check where the broker is located — it's best to know which country the company's headquarters are in.
4. If you do decide to venture into the binary options market, test the broker’s data yourself. Review the broker and ensure the data feed is genuine, with no unusual price changes at expiration.
Authorized Partner Institutions
Our Office Locations
Commodity Futures Trading Commission (CFTC)
Financial Industry Regulatory Authority (FINRA)
Consumer Financial Protection Bureau (CFPB)
Federal Financial Supervisory Authority (BaFin)
Autorité des marchés financiers (AMF)
Swiss Financial Regulator (FINMA)
Financial Conduct Authority (FCA)
Hong Kong Monetary Authority (HKMA)
Monetary Authority of Singapore (MAS)
Financial Futures Association of Japan (FFAJ)
Financial Industry Regulatory Authority (FINRA)
Consumer Financial Protection Bureau (CFPB)
Federal Financial Supervisory Authority (BaFin)
Autorité des marchés financiers (AMF)
Swiss Financial Regulator (FINMA)
Financial Conduct Authority (FCA)
Hong Kong Monetary Authority (HKMA)
Monetary Authority of Singapore (MAS)
Financial Futures Association of Japan (FFAJ)
Office Location in California, USA:
900 Wilshire Blvd, Los Angeles, CA 90017, USA Office Location in Bern, Switzerland:
Schanzenstrasse 4a, 3008 Bern, Switzerland WCXP+7X Office Location in Hong Kong:
8 Financial Street,Central,Hong Kong Office Location in London, UK:
30St May,Axe,London EC3A 8BF
900 Wilshire Blvd, Los Angeles, CA 90017, USA Office Location in Bern, Switzerland:
Schanzenstrasse 4a, 3008 Bern, Switzerland WCXP+7X Office Location in Hong Kong:
8 Financial Street,Central,Hong Kong Office Location in London, UK:
30St May,Axe,London EC3A 8BF