Avoid getting scammed

I want to warn you about a scam that I fell for. I am hoping that by sharing my story I can help you avoid making the same mistake. My mistake was to deposit money to and trading binary options with Banc de Binary. I thought they were an honest broker but they will not let you withdraw your earnings and will try to make you make stupid high-risk investments so that you will lose your money.

Update: Band de Binary has been forced to close down. This is good news but I am sure there are other scam brokers out there.

Do not let my bad experience with Banc de binary lead you to believe that all binary options brokers are a scam. This is not the case. I have also been trading with IQ option. They have always been honest with me and they have allowed me to withdraw my profits. I am lucky. My profits from IQ options are larger than the amount I deposited to Banc de Binary.

You can find out if a broker is a scam or not by clicking this link. I wish I had used that link before I registered with Banc de Binary. If I had I would have stayed with IQ option and never tried Banc de Binary.