What you should do before joining any Binary Options Broker ?

   

      Many traders  tend to jump in any Binary Options broker and join  without doing any kind of investigation about it , because brokers marketing plan is to target people whom looking to make money online , they do succeed doing this. As most of the traffic being drove is newbie , that group of people come without having any background about trading online and what kind of risks it carry. Therefore , those people get scammed by brokers , fake signal  providers and marketers whom just trying to make money out of this . 

     As long as famous binary options websites/blogs/forums are focusing only on Broker's reviews and recommending brokers to their readers in the way that serves their commissions plans , i decided to sum up the main points you need to start with when doing your own research to choose the best broker that suits your needs .

Here i come up with those Points : 

• Regulation : 

Most people don't pay attention if the broker is regulated by an authority or not . Some think that this is not important , but it's the main thing i search for when i come upon a broker . Let me explain this in few words : if the broker tries not to let me withdraw my funds in the future or steal my deposit or even the broker gets out of the business , whom going to protect me and my money being deposited in the broker ! huh , to whom am I going to send my complaint ? 

Now , i think you start get the point !

• Company Owning the Broker : 

Now that the  broker is regulated , did you ever wonder which company owns this broker ??Go and find out again ! Is it a Financial Institution or Not ? If it is and already owns a Forex broker , go and find reviews and people's posts about the Forex broker and what kind of problems they mainly face with . If they have complaints about Withdrawals, price manipulation or technical issues in the trading software . you need to take this into consideration as well . 

• Broker Reviews by Specialized websites :

You definitely want to check out the reviews being published by the leading brokers reviews websites in the Industry , that can help you find what professionals say about the broker in details . I myself follow binary options that suck reviews and avoid other websites reviews such as binary options watch dog ....etc .  

• People reviews & shared experiences :

One of the powerful and honest ways to collect information about the broker is navigating throughout other people's experiences in the forums  like in binary options edge forums , or through their comments below reviews in websites reviews like in binary options that suck .

In the end i hope that my post answered some of your questions , guided you or helped you in any way ! 

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