Exbino and dangerous binary options
We cannot help ourselves, but Simple Trade obviously wants you to lose your money, so they are probably earning commissions on that. The same page is available in several languages, including English, French, Spanish, German and Russian. And they all give you the same bad advice about trading binary options. Furthermore they push you to open an account with ExBino. We investigated about ExBino and we found that they are not regulated, which is the first reason why you should not trade with them.
They provide a Gibraltar address, which means they are outside the EU territory, so you have very few guarantees. This is bad for two reasons. The first being that they will never be regulated as strictly as companies that provide financial services, the second being that betting companies can change prices of binary options at their will.
It is the same as when you are betting on a football match for example. The problem is, when they apply the same principles on binary options trading. Because they can easily change the return ratios and prices. See our detailed comparison of exbino first-binary-option-service: It is important that you study our experiences to ensure a safe binary options trading.
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Simple Trade, dangerous binary. How can the answer be improved? Click to read more!