An extreme attack named WinOptions to binary options trading has made up a big storm. Basically, WinOptions is a none-download-before-using platform, which offers to traders such unimaginable low rate trades along with attractive bonuses and promotions. The participation of this fresh broker arouses a totally new competition among brokers.
Reasons of WinOptions scam reviews.
As a result of fierce competition, WinOptions has to deal with bad rumors like other successful brokers. It is fabricated that WinOptions is a scam, which try to take advantages of traders illegally. These rumors spread quickly despite the 100% effectiveness of this trustworthy broker due to these common causes:
- Lack of research: the worst statement claims that there’s no knowledge requirement when trading on this new technical platform. This results in a misleading among new comers that they have ability to make money just by simple predictions. The fact is, binary options trading is a serious business that requires a lot of skills including market knowledge, options conditions, ability to analysis the aggregate charts and figures. The combination of these skills is the very first necessary condition to make your successful trades, even with novice. The more experience you have, the more effective your decisions are.
- Lack of experience: this relatively new technique is quite different from other types of binary options, which leads to bad reviews among general public. None of service provider could aware of its effects completely. Therefore, remember to choose a quality service and test their operation before making real calls.
WinOptions Scam:Truth or misconception
Before blaming WinOptions scam is reality, let’s reading these reasons below:
• “Too simple”-No required downloading, no tough steps and this advance technique is misconceived as a scam by some old-fashioners.
• “High bonuses are unreal”– because of its incredible extras, some traders find it’s unbelievable. They totally forget that these bonuses are only granted when traders accepts its conditions. One should consider these bonuses are indispensable parts of the game once he have invested in.
• “Withdrawal problem”: this claim is a result of negligence of some investors. In order to complete your withdraw processes successfully, you must have met the requirements of the broker, which are usually written in detail on their term and policy. For example, when a trader didn’t reach the limitation of required balance, he have no allowance to withdraw. Hence, there should be no complaint about the broker’s service.
• “100% refund fuss” is believed as a hoax in spite of its possibilities thanks to the professional background.
• “Beginners only”– Rely on the risk low amounts offered on WinOptions are concluded hurriedly as for beginners only because the current people in the market do not understand the logic behind it.
Winoptions General Information
The attack of WinOptions started in April, 2010. As mentioned, traders just need a browser connected to the internet to start smooth binary options trading. Traders can trade on 44 different assets in the US and Europe to win up to 81% of their initial investment. They can also keep in touch with market’s changes via Reuter news feed on the homepage.
Generally, WinOption is a suitable site for new traders rather than experts. The trading area is displayed as clear as the sun and really easy to use. However, some other tabs take quite times to find out. FAQ section includes adequate answers for basic questions though it would be more profitable with in-depth questions. Meanwhile, new comers could find useful conceptions and terminologies on the Glossary tab.
After simple sign up operation, you can double check for your account information on the understandable Account section. The history of your trades, your deposits, your withdrawals are also maintained in this tab. Remember to use your regulated information in order to not extend your withdrawal processes, which usually takes 3 to 10 days from verifying the transactions to identity of the card owner.
There is no mention about the lower rate as well as the currency of trades. We can only found out the maximum amount of each trade is 1,500.
In summary, because of the lack of some essential information for new traders, it’s still enjoyable to discover WinOption site no matter you are novice or expert. For more information about WinOptions, please read WinOptions Review.