Use a Secure Broker to Avoid Binary Options Scams

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Trusted Binary Options Brokers Being a generation of internet users, we are at a loss even when our cellular battery dies out. We purchase, trade as well as pay for information via the internet. This is why we need to ensure that the platform and site offered by each binary options broker used, in which to invest our money is 100% secure and reliable.

Most brokers nowadays also have mobile platforms downloadable on your hand sets – which opens up a whole new level of vulnerability. Hackers have the easiest access when they are surfing on Wi-Fi hostposts.

All nasty surprises can be avoided if you have taken the time and done some site research before deciding on a broker with which to trade and invest with. If anything, when investing your funds in a binary options broker, the most important of all is a safe and secure platform. Take the time to ensure that your broker has well known payment and platform security processes such as VeriSign or SSL employed.

What is VeriSign or Secure Sockets Layer (SSL) encryption?

By definition Secure Sockets Layer (SSL) is an encrypted connection between the broker’s web server and your web browser (be it on a PC or Mobile), this ensures that information relayed from the trader is only shared with the broker and does not allow access to internet information thieves.

Why do I need to ensure the broker has SSL encryption?

VeriSign or SSL is essential when transmitting sensitive information over the internet. Every word, letter and code can be accessed over the internet if the site is not secured with one of these encryptions. As a trader never trust a website that is not SSL certified.

All trusted and reliable brokers have the certificate. Always have a look either in the about us section or the banking page.

The choice of a reliable broker is of utmost importance. With extensive years of experience good and bad as a forex and binary trader I can safely say that a reputable broker is something that cannot be overlooked if you are serious about profiting safely over the internet these days. Platform and banking information needs to be secured and certified. The level of customer service needs to be excellent, this allows for open communication in your language and on your time, the availability of banking methods that cater to your needs and are secured by one of the above certifications are most valuable to you as a trader when embarking on such an investment no matter how big or small. Not only banking information, but all your personal identification information is on the net where it’s prone to identity theft or multiple fraud harms. Other ways of ensuring your broker is reliable is by observing the less extreme benefits he offers you as a trader, similar to payouts offered by the broker, if they are lower than the industry standard of 80% then perhaps he can’t afford to make payouts to his traders. Ask customer support what the broker’s conditions are – are their commissions? Fees? Withdrawal minimums as well as the bonus conditions; you do not want any surprises when you are ready to trade and have made your investment. Educational material as well as asset selection is also an indication that you are dealing with a reliable broker as the more of these he offers the more he is able and willing to invest in his brand and his traders interests.

Following a few of these guidelines should help you make the safest investment choice.

While making our selection for reliable binary options brokers, we take the above criteria very seriously. Always make the above checks before start trading with a broker.


Binary Options Brokers To Trust

Broker Bonus Min Deposit Payout US Traders Review Open Account
GOptions Up to 100% $200.00 Up to 90% Review Visit Broker
24Winner Up to 150% $200.00 Up to 85% Review Visit Broker
OptionBit Up to 100% $250.00 Up to 100% Review Visit Broker
BO 360 Up to 50% $250.00 Up to 80% Review Visit Broker
Opteck Up to 100% $250.00 Up to 100% Review Visit Broker


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Jason B Kruger

Professional Trader at WhyOptions
Jason B. Kruger is a Professional Trader & Chief Editor for, who is considered ‘The Authority’ on Binary Options Trading Strategies, Reviewing Brokers,Providers and their Products.
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