Binary Trading platforms aren't 100% fair

[ecnalubma]

There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

You really don't know how exchanges works. Exchanges got their ton of money from their services fees but trading is about your actions no exchanges will trick you to lose and its you against your decisions alone. Get involve in the real trading platform and not in binary options since their tools are very limited, theyre quiet like a gambling platform though.

[TheClownSong]

There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

In contrast to my opinion, even though we trade in centralized exchangers, we trade peer to peer because there are no margin facilities. As far as I know, exchangers get money from transaction fees that we do and if this is multiplied by transactions that occur in a day, I think the value is great

[semobo]

iqoption is binary trading platform, they are usually sketchy.

the only reason why some of them don't sound fair is that some crypto exchanges has higher withdrawal fees. i have not heard of people comparing the trading fees to another exchange though but it probably matter if there is no exchange tokens you bought for your transactions which you may see it unfair.  generally trading platforms in crypto are good as long as they are reputable.

Binary trading is more like gambling and no one actually knows what is really happening, we may feel that we are making profits earlier but as trades goes we tend to lose more than we are winning so its sketchy and we can't consider this as an trading platform.

[Obito]

Trading platforms are already making money from fees. The thing is that when the market fluctuates and you lose in your trading that made you feel that the platform itself are taking an advantage to you. And in addition without the trading platform you won't be able to trade. So, it is okay to pay fees, the thing is the amount we are paying.

[Bitbtc8]

What do you expect? iqoption is binary trading, although you can trade on bitcoin and few other altcoins now but i suspect unfairness with the platform too, they are red flag

[Stanlo]

Trading exchanges makes profits from transfer and withdrawal fees but i am with you that trading can be manipulated on some exchanges especially binary options, they aren't 100percent safe and fair

[biddicoin]

crypto trading platform gets money from trading fees, it shouldnt get money from manipulate price
if you realize that big exchange get so much money, bcz the volume is big too
the one thing that maybe exchange does, doing pump and dump to attract trader and investor

if you talk about iqoption, it is binary. yes i agree that it is a gambling game
so it is normal if you said that is not fair, we should avoid.

[Morrin]

All those platforms benefit mostly those that developed the app. Manipulation is real and those platforms know how to play the game better.
One must be an experienced trader before you can beat them and make good profits through the app

[DDante]

As far as i know, IQOption is not safe yet they claim their trading is in real time, you can easily detect it by using what OP included in his post, there is no real time trading on IQOPTION trading platform, be wise

[letyouearn]

Binary trading platforms are scam, it's like playing in a casino roulette. Don't waste your time and money, trade on Binance or some other famous crypto exchange. Crypto itself is risky enough

[zhengqi]

Of course, all platforms that offer you earnings should always earn too. Therefore, you should always take this into consideration before trading anywhere else.

[Crypto5060]

Trading binary is a high risk compared to crypto. There is high level manipulation going on on such platforms, it can be likened to gambling.

[swivel1983@gmail.com]

Of course they can't be 100% fair. And you have to take that into account. Even if you are a professional in trading, you still will not be allowed to win constantly.

[btc-facebook]

I think what you mean by binary trading is like the binomo platform, (unfortunately I have never used the iqoption platform)
but if that's what you mean, then it's purely gambling, not trading, and of course, online gambling is always cheating, because they need money and make a profit with gambling.
and other reasons, because real trading is about buying and selling and making a profit, not just guessing. because if you guess it's not much different from gambling.

[cotton ball]

There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Update: it seems people are getting me wrong, i am not talking about crypto exchanges and trading platform like binance and others, i am talking about iqoption platform, if you find it hard to believe get two mobile phone and make a trade at once, just pick up on Phone A and pick down on Phone B you will get answers, Iqoption is been manipulated

I think have very different way about trading with bitcoin and binary option, I am not active and still do not know about how trading with binary option way, I heard there are two choose with trading on binary lost or win, there are not have available like investing with bitcoin when price down we can keep holding and wait until price back to higher.

[Xampeuu]

There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Update: it seems people are getting me wrong, i am not talking about crypto exchanges and trading platform like binance and others, i am talking about iqoption platform, if you find it hard to believe get two mobile phone and make a trade at once, just pick up on Phone A and pick down on Phone B you will get answers, Iqoption is been manipulated

I think have very different way about trading with bitcoin and binary option, I am not active and still do not know about how trading with binary option way, I heard there are two choose with trading on binary lost or win, there are not have available like investing with bitcoin when price down we can keep holding and wait until price back to higher.

right, binary trading is very risky, because there are 2 choices, namely winning or losing. and what makes it difficult is time-limited guessing at rising or falling prices. in my country there has just been frozen binary companies. at the same time we have 2 applications to buy and sell, both are equal loss

[magneto]

There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Update: it seems people are getting me wrong, i am not talking about crypto exchanges and trading platform like binance and others, i am talking about iqoption platform, if you find it hard to believe get two mobile phone and make a trade at once, just pick up on Phone A and pick down on Phone B you will get answers, Iqoption is been manipulated

Definitely. Binary trading, especially when it comes to short term trades within the span of a few minutes or even 30 seconds can be extremely shady. You simply don't know where they get their price feeds from.

They could be completely abritrary or even rigged against your favour, because the sources where they get short term price fluctuations from is simply unknown and not available to the public.

Plus, their odds are extremely bad for something that closely resembles to gambling. Even sportsbook have better spreads.

[ajiz138]

All exchanges used have different fee terms. some are cheap and some are expensive. Fees include fees for trading and fees for withdrawals. If you say the exchange platform is unfair you should look at another exchange. Exchange gains from the fees paid by users and this is fair, for the amount of fee depends on the respective exchange platform.

For me its normal we have to think logically, this is very funny if someone wants withdrawal fees and wants to trade as cheaply as possible
those who are exchangers must certainly have a fee for updating their site every time, paying their employees, even they need to feed their families

Yes what you say is true, all logical and acceptable. Fee also depends on the features and services provided by the exchange. Exchange benefits not only from fees but from various advertisements and partners who work with the exchange. Cheap or expensive fees are adjusted to the services provided.

[Pamadar]

Of course, all platforms that offer you earnings should always earn too. Therefore, you should always take this into consideration before trading anywhere else.

It's business there's always portions for the owner to earn out from the platform, Binary trading mostly brings profits to the owner if traders able to gain
money they will keep coming back and lose it after. Binary trading wanted participants to keep winning so they can keep coming back and get addicted
to the game and for sure the next thing to happen will be favorable to the platform itself.

[shoreno]

Yes binary trading platforms are manipulated and also misleaded by their lucrative advertisements like double profits inn few hours which may be possible but not possible for every individual trading there so real trader won't give shit to the binary trading platforms only who believes their luck will use them but in long run they will lose more than like betting.

thats also what i notice . thier ads seems to be fishy because they always insist that you can get easy profit after you use thier platform  but idk , maybe some platform dont advertise like that  ?  and what if they are only doing that for the sake of getting enough costumers to trade on their platform  .  fair or not fair , until now im still confused trading on them while on my first few days on crypto trading , i can easily understand its mechanics  . i guess ill going to stick with cryptos