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Topic: IS BINARY OPTION GAMBLING ?

I have a nasty experience with binary option, what really lure me was the fast money i read on binary, I want to trade binary but i have no experience with hope that they are related to forex trading want to make me go into it, with my experience in Forex i thought that i will make a kill, but i was wrong, first the broker i meet was Option Rally, i told them my intention and how i can learn binary, i was told to open a live account fist, i open with the sum of $600. in stead of the learning with a demo, my account manager order me to place a trade with my live account of $600, CALL and PUT at the end of the day i loss half of the money. i was shock. the manager promise to pay me the loss which he did, Then i decide to withdraw $300,now left with $300 and yet i could not learn. I was disappointing and ask for my remaining balance. since i fund it with a credit card i was given a ARN Number, of my remaining $300, This the money that i have not gotten till today. i wrote to them and follow up for more than one year, and any time i complianed to the, they will tell me that they have sent the money to my bank, and my bank kept telling that they receive nothing, i have being withing my Forex profit to the same bank account for years with out any delay or complained, but in this case of Binary now, the money never come, not a profit but money that i fund and i decide not to continue any longer and yet it was not receive,

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Re: IS BINARY OPTION GAMBLING ?

noo, when you think it is gambling, you can think it also of forex.

there is no difference, the price go up or down. 50/50

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Re: IS BINARY OPTION GAMBLING ?

Thanks for your reply, Honestly how i wish i could understand how to trade binary with my forex knowledge. The binary broker might have kill my dream, they are in such a hurry for there client, though i have learnt, there is always a first time, or may be i will learn from the dedicated forex forum.people here are s wonderful,need and help is always on time,every one here know what bring him here,as for this forum, I think THIS IS IT !!!

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Re: IS BINARY OPTION GAMBLING ?

well some time it is a gambling.. but when you trading and trade with capital you willing to loose. you gaining. thats my personal opinion. everybody have they own view. mine is there. tq. Tayor. smile

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