Scott H.

I figured I'd give it a try since I had never traded binary options. First thing I noticed is that several of my orders didn't submit properly. I got a message saying "Order Submitted," but it didn't show up in the list of pending or filled orders. Okay? I guess I'll submit another, but the price has wildly shifted and the order gets submitted but not filled, or worse, it gets filled at an absolute $#*! price. So then you're stuck with a worthless $70 option. Even if the option expires In The Money, if the price of the contract is lower than what you paid for it (which is weird in itself) they take THAT out of your profit. So I had a winning trade that ended up losing $#*!ing money because of that. NEVER had that happen with an equity or index option. Once I accidentally BOUGHT another contract instead of closing the one I had open, because the layout of the Order Ticket is draconian... all in all, I liked the idea of FOREX at first, and I hesitate to call this a scam, but I don't see how it's legitimate at all. You can make what seems like a very solid play - taking in all the info - and then it will randomly drop - AFTER the 20 second cutoff or whatever before the option expires... you're in no man's land... you can't sell... you can't do $#*! except watch your money slowly bleed away.

$#*!ing penny stocks are more fruitful than this bull$#*!. Zero stars.