Binary Trading platforms aren't 100% fair

[FireBallex]

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

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[masterzino]

?? All trading platforms are making money from fees, not playing against you!

Are you mistaken Exchanges with Forex Brokers? With most Forex brokers, those who don't transfer your orders to the floor, you are in the situation you-against-them.

[iamsange]

From what i know is Iqoption is binary trading right?, but for me it only guess where price will go. And trading platform like market as usual, they already have fees from people's maker and taker and then withdrawal fees. I am not really people who know about binary trading actually but as a people who not really know the system is we can lose what we bet when we guessed wrong in Binary trading system.

[NoirSuccubus]

I don’t fully understand what you're talking about, buddy. Are you sure you understand what you're talking about? Nobody plays against you, relax.

[Fappanu]

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

The price of each coin is volatile per second, and the exchange does not profit if you win or lose in your trade. Because of every trade you have in exchanges it has small fees, and if you withdraw as well.

So what you are aiming for is the voltile price, so you can avoid it especially if you have patience and if you are updated on the hourly price.

[LuckyBtc]

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

Exchanges make money on trading fees, Large exchange like Binance make quite hefty sum from fees and other services, They made $70 million something in Q1. On trading platforms it's either you, me or whales lose/win but exchange make their money from fees.

[ChrisPop]

Trading platforms are fair enough and they shouldn't impact your PnL from trading activities unless you use bucket shops which run with your money. Of course that Bitmex has those server overload "problems" that could make people get stuck in their positions and thus holding a position more than necessary and possibly making a larger loss or even get liquidated, BUT you shouldn't encounter the same problem on the other exchanges like Deribit, Binance, Coinbase, Bitfinex, Kraken, Bybit, etc.

An important fact: exchanges usually get their commissions from transacted volume not from losses or gains.

[key4co.in]

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

I don't really understand your point when you wrote "when you lose its a gain for them and when you win it's a loss for them", this is obviously not applicable. Do you mean for instance when I make profit trading on Binance it's a loss for them? That's not even reasonable since trading platforms will always make funds from trading and withdrawal fees  so long as users trade. Maybe you should understand the concept of trading, or maybe I didn't get your point of view.

[CjMapope]

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

I could agree with this, at the end of the day lets remember one thing about exchanges: They are in this game for the $$$, that is ALL : /
IMO many exchanges do their OWN wash trading, AND fake volume, two tactics to draw users and make more money
Given the decentralized nature of them, they dont really have to worry about governing bodies monitoring them (well the big places like polo do, but not places like STEX)
SO much shady shit happens on exchanges, its just too tempting for it not too i fear

[semobo]

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

Manipulation happens on every exchange but they are not going to change the prices by themselves because they didn't set price for any trades only traders doing this means they have no control over it but they might delay your withdrawal which might give some funds as staking opportunity but they are mostly making money from fee and commission from trading.

[nelson4lov]

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

Contrary to popular opinions here, Crypto exchanges/trading platforms operate differently from forex brokers. While forex brokers trade against you while charging you commissions for spreads and fees, Crypto exchanges mainly make profits from maker/taker fees. The math is simple. The more users on your platform that are 'actively' trading, The more the exchange profits.

[kceekcee]

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

This is wrong; on exchange platforms you don’t lose to the exchange or gain from the exchange
You lose to co buyers and gain from co sellers

Exchange platform make money from trade fee usually very low and withdrawal fees which are low or high
Don’t blame trade loss or gain on exchange

[oktana]

iqoption etc. focus on binary, forex and cfd systems. Brokers like this always have problems with many system changes that are suspected of deceiving users.

not the same compared to exchanges that only focus on crypto (deribit, bitmex etc.), costs and futures contracts are more equitable. When wick occurs it is also more transparent and does not originate from the exchange system itself. I do not confirm 100% correct, but suspicion is not so valid for popular crypto exchanges.

[electronicash]

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.

[uray]

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

I think you missing the point how the exchanges function, these exchanges are not dealing with the coins, they just facilitate other people to trade and they earn money through trading charges whether you purchase the coins or you sell the coins, but right now majority of the exchanges show fake volumes and that will stop when regulations become strict for exchanges.

[JCviggen]

That's why you need to choose large trading platforms and not use any garbage that is created every day. There are already many exchanges with good experience and reputation. why do you need to use those in which you are not sure and which can cheat you

[Colt81]

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 my own opinion, Everything is not really fair when it comes to money because everyone will do anything for them to buy the things that they wanted, that is why trading platforms have a portion in every trade that you make. But i think trading platforms is still fair because they not literally steals money from you, so it's fine to me if they have a small portion in my trades.

[kro55]

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

Trading platforms are always the winner whether you buy or sell, they have fix fee which they charge against every transactions. Centralized trading platform are nothing but a middlemen and middlemen cant be fair 100%. One of aim of CC was to get rid of this third party middle man but unfortunately centralized crypto exchanges are killing this objective of CC.

[armanda90]

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

There are also those use fake data to deceive their members,this is a very unfair act. Now there are many trading markets that have appear and want to benefit by deceiving their members.We must be very careful in using their platforms,so that our funds will not be uselessly lost.

[jacafbiz]

Trading platforms are set up to make profit, we all know that. They always make money no matter the direction of the market, when the price is going up, they take their profit and when it is going down, they also take their profit, but there is something that people don't give them credit for, securing ones asset, because they are hotspot for hackers they need to be up and running with their security.