Bucket Shops - EarnForex

Worrying ICOs of Spot Option and IQ Option WARNING

Hi I am glad icocrypto exists because as a crypto trader and a big enthusiast I want to do my part to keep this space clean. I have been observing a worrying trend that I wanted to share my opinion on and alert fellow investors and traders on giving real hard facts that could save us all, collectively, a lot of money and emotional pain. There are some major fraudsters, conmen and scam artists that are soon looking to ICO and not 1 dollar of the crypto currency communities money should be given to them ESPECIALLY after the STOX ICO which later was exposed as a scam. Read here for those who missed it: https://www.reddit.com/Bancocomments/6o34fz/heads_up_for_those_who_intend_to_invest_in_the/
Around 9 months ago I lost a friend. He was around my age and also a consultant to one of my fledgeling businesses in the Quebec region. At first I thought it was some hoax or prank but he had mentioned to me about some personal problems he was going through during our working relationship. Little did I know the situation was far darker and serious than he had led on, otherwise I would have helped. I am talking about Fred Turbide who killed himself in his garage leaving behind a sad and bankrupt family. He was lied to and cheated out of his live savings by an Israeli binary options company called 23Traders. You can read the whole story here none of this is made up https://www.timesofisrael.com/fleeced-by-israeli-binary-options-firm-canadian-man-commits-suicide/
Based on my research 23Traders is a brand of Spot Option, an Israeli company that owns 70 percent of the binary option trading market. The founders of this company known as Pini Peter and Oren Shabat and some guy called Semi Vahap, have been indicted for fraud/money laundering and their subsidiary brands like Banc De Binary (one of the biggest binary option scams that was ejected from USA and shut down). You can read about this in their OWN WIKIPEDIA page: https://en.wikipedia.org/wiki/SpotOption
For those who were taken in by the STOX ICO scam where they swindled around 30 million dollars from crypto investors, you will never see any return on that share again. STOX as the reddit thread i have posted above proves, is basically the same team of ANY OPTION another SPOT OPTION brokerage. ANY OPTION has scammed thousands of clients, been fined repeatedly and was "bought out" yeah right. They rebranded to invest.com and ICO'd a company that has no real traffic, lying about their figures.
Having dabbled in binary options before, I knew it was a fun way to trade where one could make a lot of money but after my broker IQ option (I will talk a little bit more about them later in this post because they are planning to ICO!) decided to lock me out and deny me my wins, that is where i knew I was dealing with a sinister set of people. To my dismay, since I hang out at Forex Peace Army which helps keeps traders like me alert for new scams, I found out that these Isreali binary scam brokers are now looking to ICO so they can pull off a giant scam only this time with THE PUBLIC'S MONEY!. https://www.financemagnates.com/fintech/news/exclusive-spotoption-announces-blockchain-based-trading-via-spotchain/
Spot Option is the first one that is looking to ICO and then I found out today that IQ Option, the company that stole my deposit and regularly stops traders from being awarded their RIGHTFUL gains and wins, is also looking to do an ICO. http://www.financemagnates.com/forex/brokers/iq-option-teases-upcoming-ico-limited-tokens/
Here is the truth about IQ Option: They pay hundreds of people including their employees to write good reviews including affiliates who write fake 5 star reviews. The truth however is very dark you can read it here http://brokerscamalert.com/iq-options-review/
and most importantly, Forex Peace Army which actively hunts down these bucket shops paints a very different reality. You will see in this post that there are hundreds of threads of customer complaints of outright denial of withdrawals, manipulation of price data and even threats issued by this company to clients: http://www.forexpeacearmy.com/community/search/6362854/?q=iqoption&o=relevance Only the problem is you don't find these reviews on page 1 or 2 of google so easily so many people get duped. If you know where to look, you can easily find them and the truth emerges.
Before Spot Option and IQ option type of brokers entered binary options actually it was fun and fair and regulated brokers existed but these firms completely destroyed everything by greed and praying upon the hope of the desperate. Do not fuel their intentions or fall prey to their lies. I have so much evidence if any one has questions I will post more.
Please DO NOT give these scammers any money, they have already swindled millions from poor people around the world and now want to use the "lack of information" in the crypto currency about what really went on in the binary options space to create scarcity value and try and hype up their scam. Please post here your responses. I am not promoting anything here I just don't want these leeches to steal any more money.
submitted by danpirrung to icocrypto [link] [comments]

Looking For Help!

Hello reddit forex community. I have been trading with Forex.com for about 4 months now. I have been trading binary for about 2-3 months off and on (This was a year ago). Over this time period I have accumulated some questions that the Google could not answer (Due to all the advertisements and bucket shops, and me being lazy to dig further).
  1. How long did it take you guys to make a profit in trading? What was your experience and how did you do it? ( not asking for strategies, I am asking for steps, mentality, and what you did to get where you are.)
  2. Over that past few months, I feel like trading is alot of gambling; Is that because I am new at it? Do professional traders feel the same way?
  3. I am currently using Forex.com but recently I have set a stop loss, and the market moved so quickly that I loss a good amount of money, which questions my future with this broker. What brokers/platform do you guys use? What platform or way of trading do the big guys (people moving a ton of money) use? Do they use the same platforms as us commoners?
  4. Last question I currently have, Would you say trading experience and learning how to trade plateau over time? If someone were to spend 5 years of screen time without help from others, would he be able to turn a profit (given that he had the money and sustainability to just sit in front of charts all day)?
This is my first post ever, I wanna thank everyone who has the time to answer in advance. Thank you.
submitted by DemiGocl to Forex [link] [comments]

AwarenessForex - YouTube Mad Dog the Creator and Mikey Botz - Bucket Shop 50 SMA Forex Strategy - EASY MONEY 💰😎💰 - YouTube REACTING TO FOREX TRADERS WHO USED MAXIMUM RISK!!! 😱  EDZ ... Markets World Binary Options - 60 Second Options?

Bucket shops, in truth, were little more than betting shops, where fools were quickly parted from their money. Although most bucket shops were not dishonest to the extent that they would refuse to pay a winner or that they would pretend prices had fallen when they had in fact risen, they were adept in more subtle ways of profiting from the greed of the would-be stock trader. Unfortunately, bucket shops are still out there so beware! Luckily for you, we at BabyPips.com are more than willing to help you avoid entrusting your hard-earned cash to these nasty bucketeers. To help you separate the good brokers from the bad ones, make your way to the Forex Brokers Forum, where fellow forex traders kindly share their feedback and experiences about a vast collection of brokers. In a simple sentence, forex bucket shops are brokerage firms that have “questionable” trading practices such as unnecessary frequent delays in order execution, frequent price misquotes or re-quotes, and frequent price slippages that are only favorable to the broker. How Do These Bucket Shops work? The name bucket shop comes from brokers back in 60's who used to put their clients’ phone ... Bucket Shops dealing in Stocks and Commodity Futures thrived in the US until the 1920’s when government action began to clamp down on them. These days the remaining Bucket Shops tend to operate from offshore secrecy centres, with Forex having become one of the primary product offerings. FX Bucket Shops. As Forex is a global interbank market, the definition of what makes a brokerage a Bucket ... The reason to mention the historical context of bucket shops is that they have a long and colorful history — and until the retail Forex market resurrected them, bucket shops were illegal for decades and sometimes centuries. The British tried to get rid of bucket shops, which they called “stock jobbers,” as early as 1734. In the US, in the 1860’s after the ticker tape was invented ... Today the Forex bucket shops are those Forex brokers that you are dealing with on the Internet from the comfort of your own home. They offer you a free trading platform, an account that you can start with as little as $250 and up to 400/1 leverage, and they wait for you to go broke. it doesn't take long, usually less than a month. That's OK, because it was only $250, and you get payed every ... Live Forex News Posts: 1135 Joined: Oct 2018 Location: Japan Platform: MT4 Indicator: RSI Been thanked: 440. The Worst Forex Brokers List of 2020 - Scam brokers, Liars, Cheats, Bucket Shops & Swindlers #1 by ChuChu Rocket. The Worst Forex Brokers List of 2020 - Scam brokers, Liars, Cheats, Bucket Shops & Swindlers. It's time to name and shame the bad brokers we've dealt with and brokers who ... What is a Bucket Shop? A bucket shop is a illegitimate broker masquerading as a legit market participant that rarely if ever sends out to a real market. Instead, they hold their trades internally (in a ‘bucket’) hoping that their client will lose. Being regulated in a respected and developed jurisdiction does not automatically exempt a broker from the title of bucket shop if it can be ... Bucket Shop. Bucket shops are basically scam operations and once you know how they scam Forex traders; you will forever want to stay away from them regardless of how much bonus they are offering for you to sign-up with them. Basically, a bucket shop does not even have any liquidity provider in the backend. They never pass clients' orders to the ... Several CfD platforms are, in reality, bucket shops. When a punter puts on a bet the platform merely registers it, as the US Supreme Court put it. No corresponding hedge is entered into. So if the bet turns out to be a winning one, the platform must absorb the loss, as there is no market counterparty that will pay it. In case of a losing bet the platform will pockets a windfall, as it has no ...

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AwarenessForex - YouTube

In those cases, there is no real brokerage; the customer is betting against the broker, who is acting as a bucket shop. Manipulation of price data to cause customers to lose is common. Withdrawals ... Bucket shop (stock market) From Wikipedia, the free encyclopedia Jump to: navigation, search Bucket shop is a brokerage firm that books" (i.e., takes the opp... For Chinese IBs and clients affected by XM's unfair execution policies, there may be hope for those savvy enough to detect or avoid these brokers. This 2nd video shows how relentless a scam broker ... Videos that prove conclusively that some brokers may not actually be brokers at all, but a "bucket shop wearing an a-book suit" or even worse running a ponzi... News Live Fashion ... part 2 of the series exposing the mindset of bucket shops pretending to be real brokers. 7:31. Forex Fraud Exposed: Bucket Shop Mentality and Unfair Order Execution (2 of 2 ... CONTACT:EMAIL: [email protected]: www.teamtakeprofits.netFACEBOOK: Jay WayneINSTAGRAM: JayTakeProfitsMARTIN METER INDCATORhttps://sellfy.com/p/H4k... This video took a few days because I've been busy doing other stuff! Finally put all the clips together. I reacted to "EDZ" flipping his account. Cue Banks r...