Practice Area

Binary Options Fraud Recovery

Binary options are extensively recognized as one of the most accessible ways of getting introduced to the financial markets. The speed and depth of its penetration in the retail segment has been truly overwhelming in the last 7-9 years. Although, it is recognized as a legitimate investment vehicle, the increasing volume of scam stories easily overpowers its success stories. The undeniable truth however, is that there are alot of money to be made from it because not all binary option brokers are fraudulent. Ultimately, the resulting effect of investment misinformation is huge loss to the investor.

The attractive traits of binary options are its simplicity, straightforwardness, absence of commissions, and its binary outcome. All of these imply the possibility of capitalizing with maximum payout on minimal market movements; contract amounts as low as 1 USD and available short time frames, sometimes less than a minute. Binary options are marketed as a legitimate investments, but they are also considered extremely high-risk instruments, and when unregulated they are considered in many cases as fraudulent.