Can binary brokers ever ban you if you trade too successfully???

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nikkidog
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Joined: Mon Apr 04, 2016 1:34 pm

Can binary brokers ever ban you if you trade too successfully???

Post by nikkidog »

As a newbie to the world of binary options trading I've been watching many you tube video's lately on the subject as well.I recently watched a beginning series linked from this site about how most binary options brokers operate. How I understand it is that if you win a trade the profit comes directly out of the brokers pocket, likewise if you lose a trade then the broker pockets your money you placed on the trade.



My question is this...



If, like many of the experienced traders here you are regularly bringing in a steady profit with a trading success rate of say 75% or above does anyone ever get kicked/banned by the brokers? After all if you are making a steady profit then the broker is making a steady loss on you. Or, do brokers let this go to avoid bad publicity and seeing as they are making bigger profits elsewhere on other users who aren't trading as successfully?
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slotgal47
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Re: Can binary brokers ever ban you if you trade too successfully???

Post by slotgal47 »

Yes they can ban you without a doubt and will if they are undercapitalized .Scam people out of their funds because their business model sucks then yes you are absolutely correct..
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nikkidog
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Re: Can binary brokers ever ban you if you trade too successfully???

Post by nikkidog »

I do not agree with the words stolgal47. My close friend loves binary options, and although he wins a lott, he never had such a situation. Of course, if you use the offer unlicensed operators you may be cheated, but if you register account on a trusted website, you don't have to worry about anything
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