The crypto market is still in its infancy but there are already tons of scams that need busting, the CFD scene is developing fast, auto-trading robots are making impossible promises of overnight riches and online trading brokers are popping out like mushrooms. All these services need to be reviewed and we will review them, staying true to our goal of bringing you unbiased opinions and exposing brokers That Suck! We’re closing the forums but we are going as strong as ever and we are happy to begin the New Year with renewed focus and enthusiasm.

On Friday, April 16, 2021, the Securities and Exchange Commission charged Israeli-based Spot Tech House Ltd., formerly known as Spot Option Ltd., and two of its former top executives, Malhaz Pinhas Patarkazishvili (also known as Pini Peter) and Ran Amiran, with deceiving U.S. investors out of more than $100 million through fraudulent and unregistered online sales of risky securities known as binary options.

We will feature some of the better binary options robots in future articles, but we have plenty of other informative sites which can give you a direct insight into the markets in order for binary option robot you trade directly yourself. In conclusion, there are a number of automated binary options sites out there, and some come at a cost, while others are free to use. This may well be significantly rewarding, both financially as well as in developing your knowledge base and general up-to-date information on the markets.

According to the complaint, the defendants' deceptive business practices caused U.S. The SEC alleges that the defendants developed nearly all of the products and services necessary to offer and sell binary options through the internet, including a proprietary trading platform, and that they licensed these products and services to entities they called "white label partners," who directly marketed the binary options. According to the complaint, binary option robot Spot Option instructed its white label partners to aggressively market the binary options as a highly profitable investments for retail investors. As alleged, investors were not told that the defendants' white label partners were the counter-parties on all investor trades, and thus profited when the investors lost money. and foreign investors to lose a substantial portion of the money they deposited to their trading accounts. The defendants allegedly made millions of dollars as a result. To ensure sufficient investor binary option strategies losses and make the scheme profitable, Spot Option allegedly, among other tactics, instructed its partners to permit investors to withdraw only a portion of the monies the investors deposited, devised a manipulative payout structure for binary options trades, and designed its trading platform to increase the probability that investors' trades would expire worthless.

On rare occasions you can use this technique to actually make profit on both options. For those that might not have realized that you can sell an option before it expires, it’s what is called Early Closure.

"Through our action action against Spot Option and its executives, which follows a series of actions against others who allegedly used Spot Option's binary option platform to victimize investors, we demonstrate our commitment to holding those at the top accountable," said Melissa R. Hodgman, Acting Director of the SEC's Division of Enforcement. "As these binary options cases show, investors should be on their guard whenever they see high pressure sales tactics and too-good-to-be-true promises of returns or performance."

As a result of this, a risk free trading strategy will only be able to take place in the Option+ mode of an online broker that offers it. Just in case you did not know or remember; as pertains to normal binary options rules, when you make a trade the option will expire at a predetermined time.

They focus on futures, algorithmic trading, cryptocurrencies, FX and you can even find some interesting discussions about coding if you look long enough. Trade2Win – yet another OG when it comes to online trading forums.

FLEX and LEAPS options offer investors increased flexibility in terms of contract customization (such as expiration date, exercise style, and exercise price) and time frame (with expirations of up to three years out).

At this point you must quickly sell the option that is not trending in the current price direction; the faster you do this, the less you will lose. Once that is done, then you will monitor the assets trend until it becomes clear that it’s definitely trending in one direction or the other. The trade is initiated by buying a call option and then immediately placing a put option after it. This quick sell off normally keeps losses less than 25%.

The SEC's complaint, filed in federal district court in Nevada, charges Spot Option with violating the anti-fraud and registration provisions of the federal securities laws, and Malhaz Pinhas Patarkazishvili and Ran Amiran with violating the registration provisions of the federal securities laws and with controlling Spot Option in its violations of the anti-fraud provisions of the federal securities laws. The complaint seeks disgorgement of ill-gotten gains, prejudgment interest, financial penalties, binary option and permanent injunctions against all three defendants.