Recover Lost Money from Binary Options

This is a guide on how to recover lost money from binary options. Binary options have always existed. They originated as a gentleman’s bet between market participants and existed on the sidelines of legitimate trading. That is until the CFTC, along with the SEC, began to change the rules and allow for over-the-counter binary options trading. This change to rule, although misguidedly, led to the rise of the modern binary options industry.

The thing is, 99.9% of binary options brokers on the internet today are not what the CFTC intended, are not CFTC compliant and therefore not acceptable on “wall street”. This however did not stop many brokers from building platforms and offering what are now termed European or CySEC style binary options. Now there are several categories of binary including CFTC, CySEC, Japan FSA, “off shore” and few others. This means that there are a number of options, no pun intended, for traders to choose from.

Common Binary Options Scams
Binary options fraudsters often advertise on social media – the ads link to websites that are well-designed and professional looking. The firms operating the scams tend to be based outside the UK but often claim to have a UK presence, often a prestigious City of London address. Scam firms may manipulate software to distort prices and payouts – they then suddenly close consumers’ trading accounts, refusing to pay back their money.

How to Protect Yourself
Be wary of adverts online and on social media promising high returns from binary options trading. You should only deal with financial services firms that are authorized by us. As the sale of binary options to retail consumers is now banned any firm offering binary options services is probably unauthorized or a scam.

If you have any doubts, check the authority register to ensure a firm is authorized. You can also check our Warning List of firms to avoid. You should check the firm isn’t a clone firm by asking for their firm reference number (FRN) and contact details and then calling them back on the switchboard number on our Register – never use a link in an email or website from the firm offering you an investment. Always be wary if you’re contacted out of the blue, pressured to invest quickly or promised returns that sound too good to be true.

What to do If You Are Scammed
You can report the firm or scam to us by contacting our recovery company or using the reporting form. If you have already invested in a scam, fraudsters are likely to target you again or sell your details to other criminals. The follow-up scam may be completely separate or related to the previous fraud, such as an offer to get your money back or to buy back the investment after you pay a fee. If you have any concerns at all about a potential scam, contact Assured Recover immediately.

Avoid Fraudulent Binary Options Companies
If you are new to the world of binary options trading, then you may be experiencing some confusion when it comes to choosing a broker or other services such as robots and signals. How do you know if you are selecting a genuine or a fake company and what is a typical binary option scam? You don’t want to lose money trading binary options.

Identifying the difference between a legit online trading company and scam artists can sometimes be hard. Often the schemes are so convincing that they resemble legitimate companies and traders cannot spot the difference. There are differences, however, and by carrying out some research, you will be able to identify those brokers, robots and signal services that are legitimate and those that you should avoid.

From the licensing to whether they offer a demo platform to carry out “practice trading” with virtual money, there are critical differences between the real thing and those that will leave a bitter taste and steal your earn money. Many people have lost a lot of money to fake binary options brokers. So to make sure you get the best out of your trading experience it helps to know how to spot the difference.

Best Binary Options Recovery Company
Investors have been warned to be vigilant to the threat of online investment fraud, after the regulator has revealed that a daily average of £87,000 was lost to binary options scams in 2017. Binary options allow consumers to make bets on the expected value or price of a stock, commodity, currency or index. These became regulated by the European securities and markets authority Financial Conduct Authority (FCA) the following year. But since then, the FCA has published a list of 94 firms trading without FCA authorization.

People are recovering money lost to binary options. Up to 98% of the people who were victims of binary option fraud were able to recover a significant amount of money they are lost with Assured Recover. If you are a FOREX or BINARY OPTION Trader and you have withdrawal problems or feel you have been cheated by your respective brokers, there are provisions on how you can get your funds returned back to you. You have the chance to end your problems now.

Conclusion
Those who have been scammed by fraudulent binary options companies, are now able to recover their money. They are able to do this with the service of the best binary options scam recovery. Have you be scammed? Recovery of your money is now possible with the help of the best lost funds recovery experts. Assured Recover will help you recover all your lost funds.