Trading With Paul; S Binary Options And Forex Scam List
Scam List.
In recent years the Binary Options and Forex Industry has been flooded with Binary Options Scams so that is why I have started this section on my blog to highlight and debunk any scams that I come across to hopefully help save you my loyal readers money and help you avoid these scams.
Below is a high level list of all the Forex and Binary Options Scams that I have reviewed and you can click into each to see my full review on each. If you are looking for a particular one then press Ctrl + F on your keyboard and you should be able to search.
List of Scams.
If you have come across any other dodgy looking sites or ones that you would like me to review please leave a comment below and I will check them out.
125 Comments.
Never thought there was so many con artists trying the very same thing.”Have a Good New Year”
Have you heard of the Brit Method or TorOption? I am inundated with emails from these two companies and they both look ok at first glance but having already been scammed I wanted a second opinion please.
Thanks for great info, very much appreciated.
The Brit Method is a scam, TorOption is a broker. It could be the broker that the Brit Method gave you.
What is your opinion on Passive Income Bot. I thank you for your great updates.
Hey Henry, Passive Income Bot is just another scam. Hope they didn’t catch you.
I was just looking at Fast Cash Biz is this old or new.
Hey Gordon, Fast Cash is another scam. This was very viral last year.
I have a Zeus 2 in my inbox today asking for beta testers. Do you have anything on it?
Zeus 2 is another scam. I would advise unsubscribing from anyone promoting it.
Yes and lost it all. Live and learn. Thank you for all your help. GOD BLESS. Henry Pahl.
Trying to move forward I am very interested in getting involved in the Binary Options Market. Unfortunately at great cost to myself and family, have been led down the garden path by others as to trying out ‘New Ventures’. Have just come upon another options trader ‘Quick Cash System’ advertising? Can you please forward me on a list of the top genuine Binary Options Traders around the world that you guys have looked into.
Hey John, Quick Cash System is another scam. I always keep this list updated with what is working for me – https://www.tradingwithpaul.com/signal-services/
Thanks for that information, I will note it in my ‘do not touch’ list! Would also like your opinion on another Binary Options Trading System “Quantum Code System (Developer Michael Crawford).
Quantum Code is one of the biggest scams I have ever come across so definitely avoid it – Full Review.
Is Binabot a scam?
Have been approached by this Options Trading Company, would like your advice is Hedgestone Group (hedgstone.com) a Scam or a worthwhile investment?
Hey John, That website doesn’t seem to work. Do you have a working link for them?
do yoi know anithing about https://bitminer.io is it scam or not.
Be careful with that one as I have seen claims that it is not a real bitcoin mining farm at all.
Got an email from fapturbo 3.0. Any info on them? Thanks for your speedy reply.
Haven’t heard of them. Can you send me a link.
Hi, what about Opteck, Forexyard and OrionCode?
Orioncode is a huge scam. Opteck and Forexyard are both brokers which I haven’t used.
Hi Is It Option a scam? Thank you.
Can you give me a link as I haven’t heard of them.
Can you tell me if the broker named (binary brokerz) are they good.
They have some mixed reviews Gerard. If you are looking for a new broker for manual trading I would suggest looking at this page – https://www.tradingwithpaul.com/trusted-brokers/
Have you heard of Fintech and broker CFDStocks.
Fintech is a scam. Hope you havemt put any money in yet.
THANK YOU so much for all your research and feedback. I was about to sign up with the Orion Code and after reading your review WHEW I’m I glad I came across your website. Ps. what about Starling Capital? Website: starlingcapital.com scam or not?
Hey Christina, Glad you didn’t get caught by them. Starling are ok but if you are looking for a broker for manual trading I would suggest using one on this page – https://www.tradingwithpaul.com/trusted-brokers/
Have heard nothing but bad vibes about Starling Capital. I’d stay away…
What do you know about Vena Systems?
Any reviews on Binary Option Auto Trading Software or Bin Bot Pro?
Got bad feedback on both dale so I wont be adding them to my trusted list.
PRESTIGEOPTION,COM IS SCAM?
I haven’t used them myself. Are you joining the broker for manual trading or as a part of an auto system?
Is Stern Options legit and a regulated broker?
As far as I know they are not regulated. I have got mixed reviews on them lately as well. If you are looking for a broker the best place to look is here – My Trusted Brokers.
Have you or anyone come across ‘PlusOption’? I signed up to their site just for the information and now i am plagued with phone calls from them promising me help to be successful. How do I stop these calls?
I have heard some decent reviews on them and I’m currently looking into them. If they wont stop ringing then I would say block their number.
any info or concerns on Magnum Options in England? thanks.
ok feedback but if your just looking for a broker for manual trading my preferred list is here – Trusted Brokers.
Hi there I am looking for opinions on PwrTrade and Tradextra as these are the two I have been assigned recently. With PwrTrade I almost deposited but my bank declined the payment as there were actually two payments taken at exactly the same time for slightly different amounts, one the broker in Bulgaria and one to China!! I won’t sign up with them now of course!
Hey Ella, I have not used PwrTrade but have a few friends that really like them. I have used tradextra and had no issues at all with them. Were you assigned these brokers by a trading platform?
Hey Gov, can you see if you have anything on “OptionsReturn.com”? Someone wanted to trade my funds and was suggesting if I didn’t have an account this broker would take Canadian’s. Thanks.
Hey Kevin, Not one I have used before or know much about. Let me know if you use them and what your experience is. Also be very careful letting anyone trade your funds for you.
Yeah don’t know either. Site gives Western Union, and Money Gram as options for depositing funds. Has anyone ever seen these type of options?
Anything that only gives them 2 options then avoid them. With them options you have no way to track your money or any come back.
what about wikitrader?
Not one I would recommend.
Hi did you hear about WonderClicks?
Its another scam.
dO YOU KNOW ANYTHING ABOUT pLUSoPTIONS?
Are you looking for a broker for manual trading or were they supplied to you when you signed up for an auto system?
Hello, have you got any information about this trading page > https://optionsreturn.com , i doubt it is a scam, try to call and email them and no answer within few days, all deposit must first ask by request. One woman in facebook called “Letting Joyce” is marketing to me now this site with high profits for my investment, This optionsreturn has very poor and old website.
Hey, looks like a scam to me. In some places they are calling themselves a broker which they are not and others talking about trading for you. My advice is not to invest there.
Yes, thanks for answer and today i got only two alternatives to deposit in optionsreturn trader website 250$, Skrill by their email: “2001robertwill@gmail.com” and bitcoin adress, which can be never be traced later. Also broker and trader “Letting Joyce” have got same Skrill e-mail adress where to deposit money, so they are same person. I have never seen this kind of scam before.
I have just come across a new site..Gatesway supposedly by Bill Gates. Paul,can you tell me anything about this site.Thank You.
I presume you are talking about the new trading software called gatesway which is another scam Raymond. they are playing on the Gates name and another business he set up.
what are your feelings for simple fx ?
Can you give me a link.
is this the same ceo richard williams who is behind the step 2 wealth that you highlighted as a scam. they have a facebook page from which i am now blocked. also their web link is info@simple-fx.net.
From a quick look there they look like a real company but I haven’t used them so not sure what the courses are like.
What do you know about the BInabot site.
It worked at first but I haven’t used it in a long time now as results had went downhill with it.
Is Tauribot a scam.
dear friends i have got the link to deposit the fund via skrill – 2001robertwill@gmail.com, https://trade4mee.com. does any one has any update about this website or company or email address.
I wouldn’t trust that email. If you are depositing funds it should be done through the website and not sending funds to people directly.
Is the Delta app a scam.
Yep another scam. The list just keeps growing.
Can you tell me if TNT Trading system is genuine or scam.
Looks like a scam to me Gordon and not one I will be investing in.
any view of PlusOption??
They seem to be a decent broker. Is it a broker for manual trading you are looking?
Please, CONTROL FINANCE ? Thanks..
Can you give me a link as that is a popular name.
How is coin-banks.com?
Hey Kevin, I took a look at them there now but they wouldn’t be one I would trust as they don’t actually show any real people. If you are looking for something that works completely passive in the background for you I really like Biznet at the minute – https://www.tradingwithpaul.com/biznet-review-biznet-scam/
Hello, have you heard before http://www.optionstrade24.com trading website? Is it scam or good and what you know about CySec taxex for first profit withdraw? Must investor pay taxes before to broker before whole withdraw will take action ?
Its not a system I would trust. Are you looking for a broker or an auto trading system?
I was looking trader who has team with automated trading system. One person says that he has a account and team in http://www.optionstrade24.com broker site. I invest there 250€ two weeks ago and made my first withdraw reguest this week monday. After that i get a email from optionstrade24 support that i must pay before withdraw amount is accepted, 2% CySEC tax fee to their neteller email. Wthdraw amount was 17600€(only full profit amount withdraw is accepted and only one withdraw, they say to me) and Cysec tax 356€ for total profit amount.
I didn´t pay that CySEC tax because it was not told me before i invest there and i think now that they have some fun money generator there to Scam people and ask big CySEC taxes. I found out yesterday that optionstrade24.com is not regulated CySEC broker and that there is no CySEC tax payments before withdraw for invidual investors. All taxes will reduce before withdraw from main balance profit.
That is a scam tactic Jouni. No real company would ever do anything like that. If it was me I would file a dispute with the credit card company you used to make the deposit to get your money back or these guys are very good – ChargeBack.