Trusted Brokers

If you are new to online trading, you might be overwhelmed by the number of binary options brokers available online. Before you get into your trading strategy, make sure you are registered with a reliable company. The is dedicated to provide you with accurate reviews for legitimate brokers as well as a warning list of scam brokers and simple instructions on how you can avoid any potential fake sites. Remember, if you’re new to binary options, the best idea would be to try several platforms that offer a FREE binary options demo account and then deciding which one you like most before investing real money.


US Traders

In the United States binary options is allowed, however only US regulated brands are legally allowed to accept US traders. is Watchdog’s Top Broker for United States Residents and one of the only CFTC and SEC Regulated Broker in the industry! For more information, visit Watchdog’s Nadex Review.

If you find it difficult to use Nadex for trading, check out this Nadex Trading Guide.

Are you in Canada, Australia, China, Japan or New Zealand?

The BEST broker for you would be HighLow, which are fully AU-regulated and highly trustworthy! For more information, please visit Michael Freeman’s HighLow Review.

Keep in mind that binary options trading is banned in Canada, so HighLow might eventually stop accepting Canadians. However, if you open an account with them before they stop, you will get to keep your account.

In Australia, New Zealand, Hong Kong and Japan binary options is allowed only if using a licensed broker. HighLow would be the best choice for people in those countries.

European Traders/South Africa/all other countries

Binary options trading is allowed and regulated in Europe, except for Belgium where both binary options and Forex trading are banned completely. If you’re in Europe, you can go with any EU-regulated broker. Our favorite ones are:

IQOption Review – IQ Option is one of the first EU Regulated Brokers! Traders can initiate a new trading account with as low as $10. WatchDog’s Favorite! For more information visit – $5 is the minimum deposit! A FREE demo is available.

Binary Capital Markets – Our top recommended EU-regulated SpotOption broker.

Binary options trading is not available in Israel.

New Broker: BinaryMate Review. Available worldwide, with no restrictions. Free auto trading available.

382 comments on “Trusted Brokers
  1. Luis Marrero says:

    Has any one heard of Amber options? Are they regulated? Where are they from? Let me know

    • WatchDog says:

      Yes, is a brand new, unregulated and licensed, broker and they are marketed via I would avoid signing up with a new broker.

  2. Luis Marrero says:

    Thank You, Thank You and Thank You, Please let other subscribers know about, so that they can protect themselves against these type of company’s. They are offering a system that invest in options for you plus bonuses among other kinda shady offers, Please people ask qquestions and be aware of those PIE-IN-THE-SKY company’s

    Your Friend,
    Luis Marrero

  3. rashaad says:

    Hi have deposited money with amber option via click click profit +/- 15 days ago and still waiting for signal responses from the system. similarly i have read and sent mails to the support of a few days later but have had no response, also i sent a mail to support of binaryoptionwithcristine but it was returned mail undelivered. please guide and advise. does fapturbo work.

  4. Alexis says:

    I was about to actually invest in Amber Options dot come, good thing I have come here tor read. Thank you.

  5. Megat says:

    Hi Watchdog,

    I’ve just started trading in binary last week. I registered with StockPair. They wanted a photo id, credit card copy and utility bills for verification purposes. Is this normal and safe.


    • WatchDog says:

      The identification process is required by all binary options brokers in order to verify your identity. In some cases the broker will ask for it when you fund your new account but in some cases the broker will ask for it before your first withdrawal. Before submitting your credit card copy I recommend erasing the 8 numbers in the middle just as a safety percussion!

  6. David Jones says:

    Has anyone ever heard of Opteck in the forex trading arena?

  7. Kamena says:

    Thank goodness I landed on this website, I was about to throw my money down the drain by investing in BinaryOptionsWithCristine!(BOWC)I was also considering Binary International and Cedar Finance, Phew! what an escape. Thanks Watch Dog.

  8. Max says:

    Another question about a binary site: What can you tell me about Daily Binary Profits V7? They claim to have signals for 30 sec and 1 minute trading – with 91% accuracy. Is this just more bull?? I’ve seen reviews from Google search – most say they are ok – what is your opinion??

    • WatchDog says:

      Looks very similar to Profit In 60 Seconds and the type of services that turn out to be a scam. The reviews seem to be all from affiliated sites. If you already signed up, please keep me updated as I would love to get an honest feedback on this service.

  9. Jeorge says:

    I signed up with getrichinseconds.Net and found out they are scam they want you to sign up with I deposited $250. Now that I found out they are scam i requested a refund from my deposit but they are not responding to my requests. I also contacted there credit card processor company Algocharge.Com that I’m requesting a refund from my $250 deposit. Now i got email from they will close my account if I can’t provide them with my ID and credit card scans. I told them you have no rights to request my ID and credit card scan because I’m not requesting withdrawal but a refund to my credit card deposit. now they hustage my money. Please help how to get back my money.

    • WatchDog says:

      This AmberOptions is a known scam, they are not regulated or licensed anywhere and they hide behind fake signals service like which is similar to another scam called Luckily you didn’t provide them with the ID and credit card scan because once you give it to them, it’s going to be much harder to win a dispute with the credit card company. Notice how as soon as you ask for a refund from the credit card company, they suddenly woke up and decided to give you a call…this is because they know they will lose this dispute unless they get your identification documents..AlgoCharge should be able to refund this transaction in your case. I have a lot of experience with credit card disputes, I do my best to put scam brokers out of business and they should watch out because they are going down! I will create a new review on AmberOptions so people are very clear about how they are and the type of shady business they are involved with. Thank you for the comment and I really wish you all the best!

  10. Glenn Mayse says:

    These guys are pretty slick. They tell you over and over they are not asking for your money, they just need you to cover the hosting fee of $497 when you join after a lengthy webinar. I went to the website from the webinar and had numerous trouble getting my credit card to work, after which I was given a $200 discount. That should have been a red flag because how do you discount a web hosting charge? As soon as I got my card to work I was redirected to another page where I was told to turbo charge and fully automate my acount I needed to pay another web hosting fee of $997. That’s when I got suspicious and started checking up on these guys. I guess the old addage if it sounds too good to be true, it probably is. I’m going to immediately ask for a refund.

  11. Glenn Mayse says:

    Here’s a question for you. After saying no thanks to the up grade of their fully automated system, they offered a 50 % discount and after I said no thanks again they offered more discounts. Again how do you discount a hosting fee? I finaly got through to their discount page and then I was prompted to create a Spotfn Trading Account. I scanned down the rest of the web page to find theywanted me to link the trading account with an existing trading account or bank account, which I did not do.

    • WatchDog says:

      Hi Glenn, thank you for the comment. I erased the link to GetRichin60Seconds to avoid a link back to their scam site..but for anyone who is not sure, this is definitely a scam!

  12. Lloyd says:


    If I want to start investing/trading what company do you recommend that I go with. thanks for your help

  13. Lloyd says:

    If I am in the US, what other company is good, as well as where do I go and learn how to trade.

    • WatchDog says:

      In that case, GOptions and Beeoptions are a great choice. I know that with GOptions you can get same-day withdrawals. I included a review for both. For strategies you can email me at I’ll send you some links to good strategies.

  14. Nomi says:

    Hey WatchDog,

    Can you tell me some reliable Brokers that would accept Canadian traders? I am currently using RBoptions, any other ones you would recommend?
    Also do you know how good is the SignalFeeds Signal service? I am looking for a trusted signal provider with a good ITM percentage.


    • WatchDog says:

      Rboptions are a fraud! I really hope you are able to get your money back. The Canadian address is fake and they are very slow on withdrawals. SignalFeeds is a great service and the performance is above %75. My top software are the iFollow and OptionBot Software and many traders are signing up with iFollow Signals right now because they generate %80+ accuracy and around 20+ signals daily. I am following both the iFollow software and OptionBot and the performance is almost identical on many days. Checkout WatchDog’s Binary Options Signals.

  15. Nomi says:


    Would you recommend Capital Options to go with Signal Feeds? I see on the Signal Feeds home page they offer new account option for Capital Option.
    Shall i sign up with Capital Options, don’t want to get into something where withdrawals would going to be a problem 🙂


    • WatchDog says:

      It’s a fair combination! Capitaloption is regulated and a broker you can trust. SignalFeeds is a reliable service. If you go with SignalFeeds choose Capitaloption or OptionFair if you are outside of the US.

  16. netvvorker79 says:

    Hi WhatchDog,

    How much do you need to deposit with OptionFair if you start with them?

  17. john says:

    anybody had any experiance on optionow is supposed to be in the usa

  18. Ted says:

    After reading the above posts about getrichinseconds it sounds like I’ve been scammed for the $497 server fee from the untraceable Richard Morrison, I should have known better, but these unscrupulous scammers don’t care how desperate people can get (or rather they do, so they can prey on them). Do you have anyway of getting my money back from either Amber Options or that I can use.

  19. Adrian says:

    What about Banc de Binary? It’s ok?

  20. Hooch says:

    Hi live in Australia and want to trade binary options what broker do you recommend that is genuine cheers

    • WatchDog says:

      Topoption is the leading EU regulated broker and they are popular worldwide, including Australia. The lower minimum ($100) and their spotless reputation makes them a much better than most brands. Here is the Topoption Review

  21. Xavier says:

    Hi, I’m from Singapore and would like to start on binary options. Which broker do you recommend for me to use? As I heard some are only for US residents and such.

    Thanks in advance.

    • WatchDog says:

      The US friendly brokers are available worldwide while the EU regulated brokers are not available in the US. For you, being from Singapore, you can access all the different brokers. Topoption and GOptions are very popular and reliable, checkout the reviews.

  22. Darryl Dixon says:

    Are there any binary options robots you would recommend?

  23. Darryl Dixon says:

    Do you know anything about a broker named SetOption? Also, are you familiar with a robot called “Binary Options Robot”? Top Option is one of their brokers. Please get back to me. Thanks.

    • WatchDog says:

      Traders are reporting withdrawal issues with SetOption, I don’t recommend them. Google “Setoption Scam”..

  24. Cate says:

    I’ve read through the above questions and replies but it is not clear to me which broker would be good for those living in Canada. Can you please point me in the right direction?

    Thank you!

    • WatchDog says:

      Hi Cate, for Canada there isn’t a specific broker that is better than the others but some brokers are not available for you, Topoption is an example. I would recommend GOptions or Lbinary for Canadian traders.

    • wilfred says:

      hi watchdog, i need to know about this broker BIGOPTION, ARE THEY REGULATED OR NOT? FROM WILFRED

  25. ashok says:

    i am from dubai….can i use AUTO INCOME BOT…..AND WHICH BROKER CAN I SIGN TO USE…

    • WatchDog says:

      I just checked with support and The Auto Income Bot is available in Dubai, you can register with Cherry Trade.

  26. Richard says:

    So glad I discovered this site – and thankyou for all the work and reviews you do here.
    Wish I’d known about you before now: I would have saved some money and a lot of stress!
    Keep up the good work.

  27. Maria says:

    I have a very bad experience with Amber Options. There are false from the beginning but you are not able to recognize it at that time. A man who contacted me by the phone was very friendly and willing to help. After two weeks when I wanted to stop
    the platform I wanted to ask him for help, he disappeared and other members of
    their stuff told that there had been no person like that Mike Scott. They refused to
    give me back my money.
    Do somebody know if there is a way what to do at situation like this. Is there some
    institution that has tools how to stop it ?
    I don’t know haw many people were deceived. Let us go to get our voices together
    and try to do something with.

    • WatchDog says:

      Hi Maria, this is not the first time I am hearing about Amber Options, they are connected with a lot of the fake signals services. If they just disappeared on you like that and don’t let you withdraw your money, the only solution that makes sense is to file a credit card dispute. Call the number of the back of your card and report that you’ve been scammed and you want your money back. I do believe a dispute should be the last solution but since they’re completely unresponsive and this is not the first and last complaint about Amber Options, I don’t see a different solution but to file a dispute and you have a strong case here.

  28. Lyne says:

    Hi, I am new to options trading I live in the U.S. and would like to start using SignalFeeds which broker do you recommend me to use and where can I learn how to trade?

    • WatchDog says:

      Hi Lyne, If you plan to signup with SignalFeeds you want to register with Goptions or TitanTrade for US access. Optimarkets is also available but avoid them since they’re getting bad reviews.

  29. Emmanuel says:

    Hello, I went to Auto Quick Income App and I was redirected to use BIG OPTION as my broker I just want to confirm if I should trade with them.

  30. johne says:


  31. Rd007 says:

    thanks Watchdog for the input

  32. Mike says:

    Thanks so much for all of the content on this site, you’ve clearly done your homework, and the constant replies to various users is amazing. Thank you WatchDog

  33. uko says:

    dear Sir,
    i want to trade on binary options trading. Iam currently in India. Please recommend a broker and software for me.
    thank you.

    • WatchDog says:

      Hi Uko, Goptions is available in India and they work with, it’s a very accurate signals service but if you’re looking for an auto trading solution you should checkout the AQI software on the recommended signals page

  34. Norman says:

    Hi, im based in UK and Portugal, i’m interested in Signalfeeds, what broker would you recommend? Cheers Norm

    • WatchDog says:

      SignalFeeds is an awesome service. Try OptionTime, TitanTrade or Interactiveoption. The lowest deposit is offered by OptionTime and they are licensed+regulated.

  35. Pitt says:

    Is Onetwotrade a reliable broker? Please let me know if you recommend them or have any negative feeds.

  36. Pitt says:

    Thanks guys for the awesome website… you´re saving many peoples’s money from these internet thieves… once again THANK YOU!!!

  37. Silvia Cuevas says:

    Hi! A friend recomend me what do you think about them . l am in USA. Are they safe or is a scam.?

    • WatchDog says:

      StockPair is a legitimate broker but unfortunately they are not available in the US. On the WatchDog Trusted Brokers list you can find a few brokers including TitanTrade and CherryTrade offering access for US traders and both have a great reputation!

  38. David says:

    whats the word on spotoptions

    • WatchDog says:

      Hi David, Spotoption is a web-based, binary options technology provider.. they are not an actual broker but many brokers (binary options websites) facilitate binary options using the Spotoption technology. Other popular binary options platforms include Tradologic and KeyStone.. these technology providers are behind all the features, graphs and Reuters expiry rates displayed on the binary options websites. On you can also create a free demo account, they keep it free for private and commercial you can take advantage of this demo but they are definitely not a broker you can register a live account with.

  39. Ebere L says:

    Hello WatchDog,
    Please I will like to know if 24options is a genuine broker.
    I just signed up with them,although I have not made any deposit yet.

    • WatchDog says:

      At we once gave 24option a positive review but after several complaints we are no longer recommending them, however 24option is not a scam. They just lack the average standards of customer service, payout and failed to reduce the waiting time for client’s withdrawals. If you are interested in a better EU regulated broker as an alternative, Topoption is our top recommended broker here at WatchDog. They also require a lower minimum deposit and minimum trade, take into consideration that with the requirement is $25 on each single trade! Not the best place to start if you are a beginner.. Here is a link to our Topoption Review

  40. Dennis Cory says:

    I find myself in the same situation as Ted,RICHARD MORRISON AND AMBER OPTIONS,Interested in anyway of getting money,mainly AMBER OPTIONS!!!
    See after trading Richard server for a month and not making money,i was introduced to the VIP Department and i invested $2.5k for trading,this was matched, trades were commenced.first week I made profit GREAT.I was encouraged to deposit another matching payment $2.5K gave me membership $10k club.Well 3 weeks ago in one trading half my investment was lost!!
    I requested to stop reckless trading ,applied for balance of funds to be returned.My emails go unanswered,no reply from support etc etc.
    Today I Discovered after my requests,My account has been TRADED and $3.5k has been lost on consistent trades,LOSS LOSS.Tried contacting via Email,still no responce!!! Tried phoning,Number changed.

  41. Ted says:

    In response to Dennis, I deposited monies to Amber Option & the non reposive Getrichinseconds Richard Morrison via credit card in April 2014. Went through the credit card dispute process and got most of my money back. But the next month Amber Option stung my credit card again ( due the fact I assume they had a lot of my I. d. From the application process with the scamming Amber Options located in Hong Kong), I alerted the credit provider again for another credit card dispute process, they advised to cancel my credit card and request a new one which I did, and have no fraudulent withdrawals since. Thank you Options Watch Dog for your tireless efforts.

  42. robert says:

    I am getting ready to signup for AutoQuickIncome….they want me to open an acct with SpotFN . Are they reliable ?


    • WatchDog says:

      Hi Robert, SpotFN is a recommended broker on many top Financial Portals such as At we still didn’t review the broker but we strongly recommend them based on our subscribers feedback and due to SpotFN’s clean reputation.

  43. Serge says:

    Hi, i would like to check if the ff: are scam


    And how come when signing up @ forwards it to binary goal for like funding to start trading.

    Thank you.

  44. Julie says:

    Hi, has anyone heard or recently traded and withdrew from Binarygoal? Would love some feedback

    • WatchDog says:

      Julie, I hate to be the “bear of bad news” especially considering I am just a Watch DOG, but you should know that is not regulated, we are getting many reports from traders who are having withdrawal issues and we are inclined to believe they are a scam, especially considering the fact they work with many fake signals scams. File a complaint with your CC fraud department if you’re not able to get them to cooperate with you. Wishing you all the best Julie!

  45. Sage says:


    Is Option FM a credible broker? Please advice.

    • WatchDog says:

      OptionFM is not a broker you can trust. They are not regulated and they work closely with some of the fake auto traders we reviewed on including Insured Profits and Binary Matrix Pro, we recommend that you avoid this broker.

  46. rino says:

    what about 2014 millionaire stan lutz

    • WatchDog says:

      Hi Rino, 2012 Millonaire Luanch is definitely a scam! We’re getting to them next due to many complaints. It’s very similar to other fake auto traders we reviewed before. Avoid it.

  47. Gustavo says:

    Yes definitely is Scam!!!!do not use

  48. David says:

    GToptions is my favorite broker! I am glad to see you endorsing them, I frequently visit you website and you saved me twice now.. I keep getting shady offers that always seem “too good to be true” and your website gave me that extra reassurance that my senses were right..

  49. Md Shamim says:

    I love this website WatchDog!! Great idea and you also saved me from Insured Profits!! Thank you very much and keep doing such an amazing work in the binary options industry! This website is much needed!

  50. Gravel says:

    TraderXP is a scam!! They took my money i have made over 400. in my 500 initial investment, try to withdraw 400 and star asking for document wich i send and nothing they now wont answer my emails.. DNT sign!

  51. clement says:

    Topoption is the best broker in my opinion! They never mess with withdrawals so I don’t care if the payout is the highest or if they have the best features. After a few failed experiences I can say that Topoption is like a 5 start hotel while most brokers are like sleeping in a tent in comparison.. lol

  52. Pete says:

    Hi watchdog, I was just wondering if you have any opinions on Power option, it says they are regulated by ASIC, which is great because I’m an Aussie.. Just trying to get reliable feedback, I know Michael Freeman recommends them, which is also another big bonus.


  53. kenny says:

    Hey Pete , this may be late but i found this today.
    Ava trade is shutting down power option.
    Please be carefull.

  54. carlos says:

    I spoke today wednesday dec 10, with Avatrade and Poweroption and both
    deny that the bróker is going to disappear.

    Who has more information?

    • WatchDog says:

      It’s true Carlos, the Poweroption platform didn’t really offer anything special for traders and there is a big competition between the different brands. Avatrade is better off staying with Forex. In a few days Poweroption will not be accepting deposits from new traders.

  55. Tim says:

    I tried to get a demo account with the broker name Boss Capital but one of the rep said I need to open an account with $1000 deposit in order to get a demo account? Hmmm….not sure about this one.

    • WatchDog says:

      Very shady practice… we have a reason to believe that Boss Capital shouldn’t be trusted, we are not sure if they are a scam but we did receive a few complaints.

  56. Billy says:

    I recently signed up for Markets World Demo account. I am researching this site before I make a deposit. Has anyone used the site or heard anything derogatory about it.

  57. Billy says:

    Never-mind I found Markets World under the scams link. Thanks. Too bad the Demo account was free and easy to get.

    • WatchDog says:

      MarketsWorld is not regulated anywhere besides some gaming regulations in the ilse Of Man… Not a recommended choice if you plan to trade binary options.

  58. Lauren says:

    Amber Options is a SCAM- My father made the mistake of falling into this trap. He had to go through a huge hassle to get his money back. He would call and rarely get a response, then someone would respond and give him the information for what he had to do to get the account closed and his money back but then they would email with completely different information. They asked for a photocopy of a utility bill with their home address on it, a photocopy of his drivers license, a photocopy of his credit card (front and back) with the first 4 and last 4 numbers showing only AND a photocopy of his PASSPORT. There is no reason that a company should require this type of information to refund money to a “client”. This would be all the information they would need to steal his identity and commit fraud under his identity.

    AVOID THIS “COMPANY”. It is NOT worth the headache or the risk of what they are doing with your information.

  59. Josh says:

    Glad I found your website. Lots of really good information and insight into Binary Options. Thanks for keeping us posted.

  60. Jim says:

    I received an email for insider legal bot by Greg Marks. Have you heard of this trading system? Are there any auto trading systems and brokers you have seen as legitimate for a US customer?

  61. Gabriele says:

    Hello, whats about TRADE LIKE A PRO from Bancde Binary?

    • WatchDog says:

      Hi Gabriele, anything that is connected with Banc De Binary is concerning… They are EU regulated somehow..They must be paying CySEC a lot of money.

  62. Jeremy Hendricks says:

    I am definitely putting my money where Mike Freeman is. In the 14 months that I have decided to embark on the journey to become a successful trader, he is definitely the first real, sincere and ligitimate person I have come across. It’s extremely hard to find products and people you can trust in this industry, I never for the life of me thought that there would be so many THIEVES!!

    Its actually absolutely DISGUSTING!

  63. chucky gilott says:

    im in the us,, texas, whats some acceptable brokers i can use…???

  64. anthony says:

    hi watchdog,
    is optiontime a trusted broker

    • WatchDog says:

      OptionTime is a trusted and EU regulated broker, owned by a public company. They are a great broker and they operate on the Keystone platform. The minimum is $100 is a great brand, they are also endorsed by Michael Freeman – Mike’s OptionTime Review. Our top broker is Topoption. They offer the same minimum, they are fully EU regulated and very fast with withdrawals. WatchDog’s Topoption Review .

  65. Angry Clay says:

    Good day,

    I just wanted to let everybody know about the endless problems I am having withdrawing from this company IQ Options. I have over $8000 with them now and they cannot seem to get a simple withdrawal right. It has been over a week now and whenever they come back to me with a problem, it is incomprehensible so that I never actually know what the problem is…

    I would say avoid this company!!! Customer service is non existent, live help is a bubble that pops up rarely…. Now it is completely gone. Nobody speaks English properly on the help lines nor do they have the resources to help somebody with a problem on their account. They are there only, it seems, to provide lip service.

    Again whenever there is a problem – it takes three days to respond with an incomprehensible sentence which doesn’t explain what is wrong and why they are not processing your withdrawal. They wont even update your email address when asked.

    So No Live help when it is needed, NO SKYPE Help.. 3 days to reply to problems and so far absolutely NO WITHDRAWAL and NO REFUND to my card AT ALL!

    Avoid it everybody…. It seems like another scam.
    IF anybody else has had problems like mine, please let me know.

  66. Ray says:

    Josh Binary Boom is using a person with a similar name to you
    [Josh mc keny binary watch dog,he is giving he is giving
    binary boom raving reviews] I have received his e mails
    a lot, even after unscriebing.last sender email address check it out.

    • WatchDog says:

      Hi Ray, thank you for the heads up, we are aware of this problem. It’s an obvious attempt to gain authority through manipulation, we will take the necessary steps to expose everyone who is involved in the Josh WatchDog, BinaryBoom and 100% Profit Bot schemes.

  67. Mikiel Williams says:

    I have received several emails from BinaryBoom. Their material sounds very enticing. What do you know about them?

  68. mike says:

    Binary Boom is a scam! I funded an account with $250 usd and lost all of it.
    It was successful on 33% of the trades…terrible!! I reached out by email several times (at least 4) over 3 weeks ago and still no response.

  69. James (UK) says:

    What an incredible site!, Ive been looking at Binary Boom and the other latest scam, A Million a Month, theres me planning a world tour etc and then I thoughtI would check them out. I was so lucky to come across your site, how incredible to find someone willing to put all this work in and save us all the money.
    I see the recommended broker but who would say was the best signals to subscribe to, I am a new trader to Binary Options and would appreciate your advice. Is your advice and service on here free?, you should have somewhere we can contribute to as some way of thanks because I have never come across a site like yours, I didn’t think there were any genuine people like you around these days but after spending nearly an hour on your site I find it absolutely restores my faith that there are some genuine folk out there, thanks a lot from a very very happy trader from England, I owe you a meal and a drink if you ever come to UK, thanks so much !!!.

    • Elize (SA) says:

      James, I totally agree. I’ve been considering Binary Trading for a while but since I know NOTHING about any trading at all, I’ve been a bit slow in making a decision. My lack of finances helped the slowness 🙂

      Anyways, I heard of WatchDog by accident and decided to email; I found a trader who was always available for queries and such and then suddenly went quiet. When I emailed WD I didn’t actually expect a reply but lo and behold, I received a reply and even a link to this site. I’m happy indeed. Now I just need to find a trader, a comprehensive tutorial, etc etc

  70. KEN says:

    Hello Watch Dog , Auto Profit Replicator by Simon Saunders is a scam 17 losing trades 3 wins in 1 week ate up my $250. I wished I would have found this site earlier , they even had a pop ad to add more money if I wanted to upgrade to a better system. Well you know what they say about a fool and his money, that ones on me, but there is also a saying about Karma. These scammers do not have any morals

    • WatchDog says:

      Thank you very much James, our goal is to put binary options scams out of business and it’s at the top of our agenda, we will never charge money for this service. It’s a duty to have websites like ours protecting and detering traders from falling victims and we’re glad to help as many traders as we can.

      Thank you for sharing your experience Ken, Auto Profit Replicator is indeed a scam and we posted a warning. If you can help us warn others by posting another comment below the warning, it will surely help others see that it’s a scam and it’s not just us making this claim.

  71. William says:

    I just loaded Binary Boom platform. Have you reviewed?

    This developer recommends Citrade or Bee Options as reliable brokers. But, reviewer results are mixed. Some clients post their satisfaction, others their scam complaint! I’m not going to choose until I find a US regulated brokerage! Does CFTC provide a list of regulated brokers?

  72. daniel paterson says:

    These two companies are complete and total scumbags. To all those who have transfered money using their credit card. I was successful in having Visa get my initial pricipal back from these deviants. I believe they are the only company that really has any pull in this area unless you are willing to hire a lawyer.

    • WatchDog says:

      We are familiar with Amberoption and we blacklisted them. It’s a total scam and they have no regulations to offer services. Dispute any deposit you made with your credit card company. We are not familiar with OptiCrown, is it a signals service or a broker? If you don’t mind to elaborate Daniel, we would appreciate any additional feedback.

  73. Derek says:

    WHAT ABOUT CEDAR FINANCE, and is TOPOPTION International ? cause I’m In Africa

  74. william nicholls says:

    i wrote recently of my poor experience with ”optionstrader”.if i pester them any further they have now threatened to disclose conversations via skype which i had with the scamming /disappearing senior trader. this will not bother me in the least .so should i go on bugging / pestering them more in the hope of regaining more of my money . is there a contactable regulatory body that can also make enquireies on my behalf
    being an aged late life computer person , i found that i could not prove myself human by shifting tings around and making them stick ..

  75. joaquim pinto says:

    IQ options is a scam after my first charge of 10 pounds they come and take one second time 100 pounds from my acount without premission…………as it was in my pending transctions my bank manage to take the money,,,,,,,,,,,i also denounce them to the UK trading gov so they can be on the black list……..more the site freeze in crucial moments …………and the operation is in cyprus and the owner one russian lady…….is a big scam the upstream is delayed is really a big scam

  76. smoothi says:

    May some tell me if is a trusted binary options company please?

  77. George says:

    thank you!

  78. Vicky says:

    Hello, I went to Insiders Information Signals and I was redirected to use NO 1 OPTION as my broker I just want to confirm if I should trade with them.

    • WatchDog says:

      Hi Vicky, are a reliable binary options broker and we’re getting great feedback in reference to the Insiders Information software. It’s a good combination!

  79. Paul says:

    Thank you so much for introducing me to TradeThunder! It’s great to finally have an account with a reliable broker that offers low minimum trades and deposit and for me in the US, it was not easy! Paul

  80. Kevin says:

    Update , had 1 phone reply , still no withdrawal .from OPTION STARS

  81. Terry Sneller says:

    Beware of Boss Capital!

    I’m 71 years old and no Newbie to trading. With my Dad’s help, I bought my first stocks (a mutual fund) when I was 13 and I’ve traded off and on, ever since. Just before the 2008 crash, I got out of stocks and didn’t trade for several years. For several reasons, I became intrigued with the Forex market and began exploring it and eventually Binary Options, when they appeared on the scene.

    At some point while trading FX, I noticed a semi-regular price pattern that occurred and began developing a template with indicators to focus on the pattern. It soon became apparent that this system would be a great candidate for Binary Option trades and I began delving into the murky world of Binary Option brokers. After several false starts with several different brokers, I settled on Boss Capital. They were rather new, but I couldn’t find any strong negative reviews or reports about them and while their platform wasn’t as flexible as others, it would work for my testing.

    One of the lessons that I learned, early in my 50+ year business career, was that one should never just tell lawyers, accountants, politicians, and brokers to just do what THEY think is best — because they will eventually end up with all the money you allocate them. In my dealings with Boss Capital, I don’t know why I ignored that old axiom, but I unfortunately did.

    So, soon after I opened and funded my account in order to further my system testing with Boss Capital, the phone calls and fabulous touts from their brokers started. Alex Cortez was the first to phone and I attempted to explain to her that, for many reasons, I preferred to use email and did not like to discuss my trading over the phone. I didn’t give her my reasons for wanting to primarily use email, but the main one is that I want a “written record” of who told whom, what. She seemed rather dismayed that I wouldn’t talk to her, but called again a few days later – AT THREE IN THE MORNING. Now, since my wife sleeps with the phone next to her bed, this call woke her up from a deep sleep and caused a real damper on her next day, when she had to give a rather critical presentation.

    So, after Alex had pretty well blown her relationship with me, I assume that my account was transferred to Jacob Becker, because he was the next Boss Capital broker to call. After I requested that we rely on emails and not the phone, he started a barrage of touts that made statements like, “Guaranteed Profit Trade !!! Insure your investment and the Profits.” Now tell me, fellow trader, who could resist at least not exploring that greed driven prospect? As it came to pass, I couldn’t and thus began my spiral down into Boss Capital’s Trader’s Hell.
    Jacob’s reply to my reply started with this:
    “Hi Terry,
    Thank you for your mail.
    Yes, if the trade expires out of the money – your investment and the expected profits will be payed back into your account (as a bonus).
    It’s very important to point out that guaranteed profit signals ( issued rarely by Boss Capital) are highly unlikely to expire out of the money,they have extremely high success rates otherwise the company will not be willing to insure the investment and the profits!”

    So, I took the hook and after more than a dozen emails that were required to negotiate an additional $5,000 into my trading account, Jacob again mentioned that the earnings report was coming out and since time was of the essence I needed to do one more thing and immediately sign the attached contract, “ASAP” so he could give me the critical tout. I hurriedly skim read, signed, scanned and emailed their “Guaranteed Profit Agreement” back to him/them. The critical couple of sentences were, “The Client receives _1___ Guaranteed Profits Trades in the sum of _5000__ each. If these trades are unsuccessful, the client will receive a bonus equal to the investment lost and the expected payout amount with a trading requirement of bonus x30___ starting from the date the funds for the Guaranteed Profit Trades are added.“

    Now, I KNOW that I should have had one of my lawyers take a look at this, before signing. However, time was critical, because the earnings reports were due out any minute and I know that none of my lawyers could possibly take time to evaluate this before my greed driven opportunity was lost; or so went my in the moment rationale. Besides, when it was all said and done, my legal fees would have probably eaten up most of another $5,000, anyway.

    As soon as they had my signed copy, they gave me the tout and I opened the trade, just as they told me to. However, the “highly unlikely” turned out to be highly likely and the trade didn’t end up in the money. So, after some time and a several gentle email reminders, Jacob had my account credited with the full amount of my trade capital ($5,000) plus the 70% return ($3,500) that I was supposed to have made, for a total of $8,500.

    So, at this point I’m feeling pretty good! Even though the trade lost, my account balance has increased by $3,500 and I’m ready for the next “Guaranteed Profit Trade.” At some point, when I email Jacob and asked him to include me in the next trade with a similar opportunity, he told me that I’d have to put up a minimum of another $5,000 for another trade. When I asked him how Boss Capital could afford to keep making such agreements, he said that they anticipated making up for their loses through future trades.

    Sure enough, another “Guaranteed Profit Trade” deal came along and since I couldn’t use the funds in my account for new trades, I ponied up another $5,000. This time, the trade went in my favor and there was no need for the guarantee to be activated. Then came the third trade and I started asking about why I had to come up with a “fresh” $5,000 and couldn’t just use some of the funds already in my account and that was when THEIR reality began to slightly creep into MY reality. Anyway, not to worry, since Jacob was going to give me solid touts that would explode my account balance.

    Even so, I really began to press them to tell me if I could even withdraw ANY of my funds. No, that wasn’t allowed until I satisfied all of the terms of my “bonus.” It finally came out that the 30X meant that I had to “repay” not just the bonus money of $3,500 times 30, but my “buyout” to access ANY of the money in my account was 30 times MY $5,000 plus the $3,500 for a grand total of $255,000! If, at any time I tried to withdraw ANY of my funds without first creating a balance of $255,000, then I forfeited ALL of the money in my account!

    By this time, my account was passed along to another “broker” who declared that he – Josh Miller — was not just a broker, but a Senior Analyst, and he had a diversified plan that would make me rich. At this point, I was being worked over by three of Boss Capital’s best and it wasn’t fun. I was now no longer working on my system, but trying to figure out how to “liberate” ANY of my invested $15,000 by earning $255,000 by using THEIR touts, the last of which had gone bust, too.

    By now, my account is at about $12,000 and I go into partial Beta mode with my nearly completed system and I start really noticing some of the problems with their trading platform. On several occasions, I had observed that some of my trades were slow to fill, but just took it to be the result of heavy traffic. But then, one day, the little chart and live numerical readouts, started freezing up. I complained and they reversed the trade, the first time it happened. However, with several other trades that followed, they (their support personnel) stopped reversing the trades and claimed that I needed to change browsers, which I did. Then they claimed I needed to clear my cache before each session, which I did and still the screen freezes kept occurring and finally, a trade – which I was simultaneously monitoring on my MT4 platform – was WELL into the money and their system finally even declared that trade a loss, as well. I haven’t even bothered to complain – as it doesn’t do any good, anymore.

    As for the three brokers, well they kept sending me touts and showing THEIR alleged winning results, but never any major losses. When I called one of them on it, asking why they didn’t show their considerable losing trades (which I took the time to follow up and plotted from their touts), asking if their trades were made with House money and not their personal funds and even if their posted results were perhaps Photoshopped – they all three promptly stopped responding to any of my emails, as I’m certain that, since they consider me a skinned, drained and now useless former client.

    I’m taking the time to relate all of this to you, my fellow traders, in the hopes of providing you with enough information to dissuade you from doing ANY trading with Boss Capital. I certainly would like to retrieve all, or even some, of my money, but don’t see too much help on the horizon, for that to occur. If you would like more details to confirm my story, including emails, documents and screen shots, let me know and I’ll gladly forward them on to you.


    Terry Sneller

  82. David says:

    This is perfect, I dind’t know that some brokers offer a $25 minimum deposit! I am also in the US so I’ll be signing-up with Tradethunder!! Thank you for the recommendation WatchDog!

  83. Binary Options Cash Back says:

    TradeThunder is trustworthy!

  84. Oluwatoromo says:

    Please do you know anything about

    • WatchDog says:

      Hi Oluwatoromo, UBO has a good reputation based on some of the feedback we received. They are new and in the process of getting EU regulations. The support might not be available on weekends via live chat but they are responsive on week days.

  85. lekson says:

    Hello WatchDog is there any this binary software that can working and available in Nigeria because i have trying to sing up with many of your recommend signal but none accepted my country help find out and with real broker. let me know thanks

    • WatchDog says:

      Unfortunately in Nigeria most brokers and software will not work, mainly due to the credit card and banking politics that you are probably aware of, it’s very unfortunate but definitely keep trying and be sure that you are dealing with an EU regulated broker and/or a reliable service.

  86. harrison says:

    hello watch dog am a nigerian looking for a trusted company ton trade on and for as low as $100

  87. Eddie says:

    I really like ThunderTrade, even though the platform is not as fast as Topoption, they payout for the assets I trade is about the same but the minium is much lower. The $1 per trade beats all brokers in my opinion and they already processed two of my withdrawals. Safe option, not ideal in terms of the platform so I recommend good internet connection if you experience issues with loading time.

  88. hudson hawk says:

    hi i’m from Indonesia, do you know a broker named Iq option and recomended broker or not?

  89. Mandy says:

    I almost got stuck with apple bot. Thanks a million. I am registered with one two trade but haven’t deposit because i was afraid of loosing my money. I believe i’ll take the chance with Top Option. Hope every thing work out,i trust your words.

    • WatchDog says:

      Hi Mandy, Topoption is a fully regulated broker and our top recommended broker. It doesn’t get any better, unfortunately they are still not available in the US, but it’s about to change soon with new SEC regulations. Apple Bot is one of the worst scams we reviewed and exposed in details. You will have a much better experience trading on your own with a reliable broker. Good luck and enjoy your weekend!

  90. Anton says:

    Thank you for recommending TradeThunder, I can’t go with a $200-500 minimmum. Glad there is a legitimate broker in this industry that can allow new people like me to test their platform without big requirements. Thanks Watchdog!

  91. yolandastrumpher says:

    Which legitimate traders are there where you can put in a very small amount of money. I am from South Africa and want to start very small, 50$ or less

    • WatchDog says:

      Your best choice would be TradeThunder, First you can start with a free demo account which most brokers do not offer, and you can also deposit $20 with $1 trades. It’s the lowest we managed to find and has a great reputation.

  92. Doug palin says:

    Is Topoption available with I want to test them and with a broker I know and trust. From 2013 I trade only with Topoption, they never fail with withdrawals. Support is okay, but if they are available with Virtnext I want to try the software. Please let me know. Doug

  93. Kathryn says:

    Question #1: May a prepaid VISA gift card be used to start and fund a new trading account, and to reduce the amount of risk; or, is one required to expose their personal credit card and banking account information? I am interested in bettering our struggling family finances, do not want to open the doors to identity theft, or give any broker the keys to dip into our already almost-empty pockets.

    Question #2: How reputable is “Cash Crew”?

    • WatchDog says:

      Prepaid debit or gift cards cannot be used to fund accounts with any binary options brokers or trading systems. As for Cash Crew, it looks like a suspicious website but we didn’t receive any complaints yet. We will post a review after going over it and possibly some feedback.

  94. Barry Halpert says:

    TradeThunder is not bad, I love the platform. Thank you for the recommendation!

  95. umer farooq says:

    has anyone listened about

  96. Aditya Shah says:

    Anyone knows ‘Pegase Capital Ltd’ their website is ?, they ran several of my credit cards without my consent and traded on their own, again without my consent and made a huge loss on my account!,
    Can anyone help me how shall I recover my money, its in excess of £17000

    Please help!!, getting very nervous how do I pay my CCs’ now

    • WatchDog says:

      Hi Aditya, This is a lot of money. Avoid some of the paid services that offer help with recovering money, some are scams. We can provide you help at no cost. If you deposited your funds with credit cards the procedure is much easier and usually involves only a credit card dispute, if you wired money is much more difficult. You are welcome to contact us via email and we will assist you resolve this matter.

  97. Steven says:

    I’m living in Melbourne Australia and looking for a trusted Binary Option broker I can join that allow Australian members preferably with a demo account as I’m new to this and it will give me a chance to familiarise myself in using there site with a low deposit entry etc..

  98. CESAR REYES says:

    Is there any comments about Virtnext? Is it good or is it a scam?

  99. Darius says:

    Helo watchdog what do you think about infinite binary profit? Are they legit or scam? I wish to try their system. Thanks for suggestion.

  100. Ed says:

    Anyone know about Options Rider in Australia?

  101. Best Binary Cash Back says:

    OptionTime close down!

  102. Henry says:

    Any one tried as an account manager or as normal broker.
    Thanking in advance

  103. Vincent says:

    Pls Does Anyone Know About it Genuine? Help Needed

  104. Susan Gough. says:

    Could you tell me if guaranteed wealth system is legal please.

  105. Simpra says:

    Tell me about OptionBit? Urgently they are on my neck & kinda wary a bit

    • WatchDog says:

      The main issue is their algo-trading Simpra, This may become illegal soon and we believe that OptionBit is involved or was involved in it.

  106. Geraint Warren says:

    Do anybody know as to whether or not the “Guardian Angel” (GAW) is a genuinely profitable application (Robot or human?) that is worth opening an account, and depositing $250 with Opteck in? I’ve read a great deal of different on-line comments and am quite concerned, since investing in so. The returns received do not seem to reflect the 87% promotions guaranteed – Hi-Low Currencies!

  107. Rajen says:

    Is a scam >>??

  108. Trina says:

    Hi WatchDog,
    Would like to know your thoughts on Ultimate4Trading
    Many Thanks

  109. Mike Flanigan says:

    Was looking at Registering at “Trade Thunder” Has anyone had any experience with them.

  110. Steven says:

    I was thinking of signing up with 24 options, they seem ligit and have an office based in London but their head office is in Cyprus.
    You get a dedicated account manager and have to invest a minimum of £250.

  111. Sfiso Mazibuko says:

    Hi Mr watchdog I want to ask about 24 option, are they a good company to be trading with…are they regulated and do they pay out as they promise??

    • WatchDog says:

      Hi Sfiso, 24Option is one of the first binary options brokers and they have a great track record, they are also Cysec Regulated unlike many of the small brands in the market.

  112. Fabian says:

    Amberoption is a scam. They own me 1200 euro, 200 I have put ona account, and 1000 I made with trading. (I made this with a bit of luck and a lot of technical trading) I tried to recover this money, but I never saw a cent. I used all their forms, but without succes.

  113. GTO says:

    Hope you don’t mind WatchDog …but here is another one that has popped up in my email for you to check Cheers Gerry

  114. Libio Tamashiro says:

    wow thank you watchdog for your alerting and the a wonderful guidance you have shows to those people are been lost and need you in every ways as for me I kept getting phone call and email by aussie method unlit now I received a call and he told that I have to fund my account so that he can deposit my profit. watchdog can you please be my guidance in this matter please show what to do thank again and may god bless you always

  115. Chadd says:

    Watch Dog, what is your opinion on TradeThunder are they reputable ?

  116. Nick says:

    Thank you for the follow-up post on Tauribot, I signed up yesterday and funds are growing fast and with high accuracy trades. Best regards! Nick

  117. Ian Morrison says:

    Does anyone have any information good or bad about 1K daily profit , does there system work like they say ?

  118. Jesse says:

    Can someone tell me about Option signals and 365binary Options? Are they good or naw?

  119. paul says:

    What about Zoolander hack are they a good company to deal with

  120. J Peters says:

    Hi, IS it safe is provide Birthdate and SSN to Nadex?

    • WatchDog says: is regulated by the CFTC and SEC, you are most definitely safe with them and they operate locally in the United States. They operate under tougher regulations which serves their day-traders better. You can look more into it via additional research but we definitely endorse Nadex and know they are a reputable broker.

  121. C says:

    Is it possible to get your money back from scammer, I deposited using wire transfer. And debit card. I don’t have any trade at the moment. .

    • WatchDog says:

      Good question, the problem with wire transfers is that you can’t ask the bank to reserve it, the only way to handle it is by threatening the service/broker with a complaint to the IC3.GOV and further actions. You got to intimidate them, because an international lawsuit is too complicate and expensive. If you lost $50,000 or more, we can instruct you on how to go about an international lawsuit, otherwise it’s not worth your time and money.

  122. Kenny says:

    Hi, I attended a seminar last week held by a company called ‘Learn to trade’. Owned by a guy called Greg Seckers. They requested a registration fee of $5685 just to get on their trading platforms (and this money is excluding my own trading funds). They are busy hosting seminars across African countries demanding this amount of money from ALL participants. Should they even be allowed to do this? After attending the research, I reached out to my sister who lives in the UK (cos these guys claim to be a UK based company); and the results from my research tells me these guys are scammers, trying to get rich off of unsuspecting people.

    • WatchDog says:

      Hi Kenny, It seems like an offline scam on a wide-scale. We usually don’t expose those, but we will look into it and if we gather enough information, they are going to join the many fraud services that are listed on our blacklist and be sure that a negative review will be posted.

  123. Shamoon says:

    Hii watch dog
    Wat about option rally….r they regulated

    • WatchDog says:

      Option Rally is not regulated, they keep talking about becoming regulated but so far we didn’t see any evidence.

  124. Jerome says:

    Is option rally team up with Azure method regulated and not a scam?

  125. eric says:

    is ice9 tech real or ascam

  126. Elna Bachmann says:

    Have you had any reports on Options 500?
    There are so many brokers out there, don’t know who to trust and who not.

    • WatchDog says:

      Dear Elna, We know that Options 500 is relatively new so we’ve yet to get any concrete feedback. We know that they are not yet fully regulated, but in process to get the EU regulations.

  127. Rosalind Boyd says:

    Is a scam?

  128. Gwendolyn Roman says:

    Looking for best n safe auto trading options out there something like qbits mega profits system( which is a scam though).

  129. Ben says:

    Michael Freeman’s Signals Group is the best because you only need to donate money to a charity and you get access to all the most accurate signals. No fees or broker BS registrations so you can choose your own. I was once big in this industry and owned my own signals service but it failed. Mike really deserves the status he obtained as a leader in this industry. Salute!! Great work Watchdog!

  130. Eduardo says:

    Hello marvelous guys at WatchDog! You are the very best, and on behalf of myself and many of us, I simply what to send you my (our) heartfelt thanks for your monitoring all these “wise-guys”. Before I encountered your site I opened an account a year ago with GTOptions (after having received an email from and even though it took a while to get me started, I was not able to touch base with the broker for a while. When I read your review about this “site” I panicked!! My account had the $250USD initial deposit ready to be invested but I was never able to make a move as I could not get in touch with my assigned broker. After about two weeks I received an email saying that since there had been no movements in the account, they were reimbursing me my initial deposit minus $15.05 USD. I guess I was lucky or perhaps this GTOptions is “kind of serious”. Could you kindly recommend the best Binary Options brokers in the US and Australia? I think that thanks to you many of us are still pondering which are the best options to invest and perhaps make some money and certainly not the millions these sites offer within a month, that can’t be true but there may be honest brokers somewhere in this world. Thank you again guys, and God bless you all!!!

  131. RK says:

    what can tell me about FinTech Limited or FinTech Ltd and/or Daniel Roberts in regards to Binary Option Software and Software Robots

  132. J. Neri says:

    Someone trading with CFDStocks? Hello watchdog did you heard about CFDStocks?

  133. Marc Tracy says:

    Starling capital scam alert. … i cannot withdrawl anymore… owes me 30k… ignoring me, no contact, etc even compliance dept. CHuck, marianna,

  134. Tara Shah says:

    Hey, is stockpair ok?

  135. Phara D Steiner says:

    hi has anyone heard of

  136. Flordefe says:

    is Javis or Jabis legit?

  137. Shaifali says:

    Does any one know about etoro?

  138. Plamen Ivanov says:

    Hi there,

    Can anybody give me feedback for Zurich Prime???
    Sounds good to me and about to sign in, info would be much appreciated!!!
    Thank you in advance!!

  139. Neil abu says:

    Is VX Market trustworthy?

  140. James Crewson says:


    They don’t honour WITHDRAWAL requests.

    Nor do they answer e-mails.

  141. DIANNE PRICE says:

    I was trading with STOXMARKET Although somewhat uncertain with these people they were the recommended broker when I wanted to trade with FINTECH-LTD. I already had $500. deposit sitting in my account for this purpose. They claimed to have linked me up to Fintech-ltd and confirmed it by email. There was a mix up with my emails (I had two) and it was suggested that I deposit a further $ get it sorted?? I was I touch with Fintech telling them that I had NOT been LINKED to their software and I did not trust Stoxmarket. I had a call from STOXMARKET asking me what I was complaining about I had made $100. Long story short-
    STOXMARKET were obviously trading with their own algorithm without my permission.
    I tried to withdraw my deposit of $750. when the balance was over $2500., they confirmed this by email- nothing happened. I tried again to withdraw $1500. no success. Stox market say that because I was not personally trading I was not entitled to the funds. My account now sits at – available for withdrawal – minus $250.

  142. William Gibbs says:

    Are you familiar at all with TenOptions?

  143. Mark Zolotar says:

    Attention!!! BNB-Markets is a scam!

  144. JT says:

    Has anyone made money from regulated binary options robots?


  145. Oluwadamilare says:

    Does anyone knows about fxglory binary? How would you rate the broker?

  146. Nikki says:

    Hi Watchdog
    I am trading from South Africa. Brand new to trading. I am looking for something really simple and easy to use? Any suggestions?

  147. aaron says:

    are any of the binary option robots for real?? all i found researching is they’re all scams, even when promoted by anti scam pages! seems like these pages are created to defend their scam interests while slagging off the competitors, and they all use a host of dodgy traders who arent regulated. I’m in aus an just want a simple to use product that can top up my income a little bit on top of my weekly wage not some bullshit get rich quick fantasy. I’m a major sceptic an not about to hand my hard earned over to any smooth talkers, but curious because it is possible

    • WatchDog says:

      The best signal services are manual ones, provided by real professional human traders. Experienced traders may benefit from some semi-automated systems.

  148. Nick says:

    Can someone provide info on 53 Options

  149. thomas swapp says:

    I have never found a legit binary broker, but have recently lost $15,000 original investment, and $638,000 perceived wins with Eclipse-Finance as a managed account by Top-Binary-Options. Total Scam.

  150. WatchDog says:

    Mike’s AT is a semi-automated signal software, while Copy Buffett is a manual signal service.

  151. Terry Hea says:

    Hi, folks ! can you give a definition of semi-auto as opposed to manual signals ? Thanks, Terry

    • WatchDog says:

      Semi-auto systems automatically place the signals you choose to your broker account while manual signals you have to execute on your own.

  152. retshepile says:

    What about 365 Binary option signal .how is it good or bad

  153. Warren says:

    Has anyone dealt with Titan trade as a broker? Made withdrawals etc…

  154. Frank says:

    What is GSI market Trading like please

  155. Flaviano says:

    Bom dia, gostaria de mais informações sobre a BrazingTrader, se é uma farsa?

  156. Arbaz khan says:

    Watchdog please check this broker this is a trusted and regulated or not please ans me thanks.

  157. Robert graham says:

    What happened to :Trade Thunder?

  158. Nick says:

    Hi Watchdog any idea how long it takes for a cash back dispute takes with Visa?

  159. Nick says:

    Will do. Have you found anything out about what happened to 53Option? They closed my account with $20,000 in there

  160. Dennis says:

    Please let everyone know that Algo-Star is a very dishonest broker. I was appointed to them through Snap Cash. Snap Cash could not be set up to work in their system. They refused to return my $250. They never notified me the account was activated. They gave me a $500 bonus without my permission. They put me into their auto trading system without my permission. They lost all my money and deny any wrong doing. So, this is a very unethical and bad company that should be avoided. Please let your members know.

  161. Nick says:

    You should request a cashback from credit card company

    • Dennis says:

      Thank Nick – I will give that a try. SnapCash put me with another broke Rumelia. And there software made double trades instead of single trades on all but 1 of 8 trades. And the made a double sugar trade in Nov that did not exp until 1/12/17 and locked my acct. up. The system lost almost all the $250. And there support system would never respond. Any ideas

  162. Hans Monsma says:

    I have only read about scams – are there any honest brokers? I was ripped off by Binary Tilt for $6000
    Do you know Ivory Options?

  163. ngaiomanJon Graham says:

    I have been getting your comments now for over a year and a half and have seen NO evidence that there are any honest brokers out there. Sorry that is the case, but simply stay away from binary options trading. You will lose whoever you sign up with.

    • WatchDog says:

      There are many legitimate brokers. Where are you from?

      • ngaiomanJon Graham says:

        I am in New Zealand, but in my time trading I have used a number of traders… “Option FM” who took $40,000 out of my accounts without authority then lost it, against my wish. It was completely illegal and my bank tried to get the funds back but failed. “Legal Insider Bot” that completely blew the money I put in within 24 hours, “Insured profits” that was a complete scam, “GT Options” that was a waste of time, with bad advice which lost the $1000 I put in. “German Binary Robot” that couldn’t predict one winning trade. “Broker Capital” that did options and FX and managed to clean me out of $15000 and “Banc de Binary” that scammed me for everything I put in and demanded more. Lost everything there. Thats most of them. They all follow the same pattern. Small deposit, then contacting you constantly for more money and promising great advice and trades. Foolishly I believed them and I lost everything. Stay away from ALL binary options trading folks !!! We needed more sites like this when I was looking for advice. Thanks for the site and good work !!

        • Alejandro says:

          Did you try getting your money back through your credit card provider by requesting for a chargeback?

          I got ripped off by CT options too over $80k, it took me 4 months but I got my money back. Now I put daily warnings on sites like is-scam, scambusters and binaryoptionsblacklist and the more these warnings are posted then these scumbags won’t always get away with it.

          Check the legitimacy of any website in scamadviser before you invest real money. Nice work @Watchdog thanks!

  164. George says:

    Are you familiar at all with GTOption?

  165. Luis Alberto Martinez says:

    Digame que sabe de,

  166. says:

    I was under the understanding that whatchdog did not recommend unregulated brokers ? So why are you recommending GT options ? They have got the worst reviews out there I’m still getting calls from them 6 months later

  167. Semn says:

    Any has any idea about siam option?

  168. says:

    GT options are unregulated fail to understand why you recommend them ?

  169. John Well Khallahle says:

    Watchdog, must be careful in recommending auto trader software products and brokers. All investors burning their meagre income, trying hard to make a quick buck!

    Watchdog, should recommend unregulated brokers and bot that are not to make money for the investors, but the inventors! I lost a lot of in the last 12 months with various con-artists, for example, Michael Lexington with his Lexington Code App!

    I had almost US$800.00 in my broker account. Had the autotrader set to PAUSE for a few weeks. After recovering from my ailments, I switch laptop on and accessed the software and 15 trades, taking all the money out. I talked to Broker: Binary Corporate to get the money. They failed after 2 weeks! Maybe they cooperated with each other! Man! That is hair-raising for newbies like me.

    Give me your better judgments, Watchdog!

  170. says:

    Sept 9 2014 ” gtoptions is 100% regulated and is endorsed by binary options whatchdog ” your word your glowing review ????

    • WatchDog says:

      I recently bought this website from the previous owner. Thanks for letting me know about this. I will update this review ASAP.

  171. Hans says:

    Hello Investors,

    Beware of Lbinary Option and companies affiliated (under other names)
    promoting a new sure money making system. At the beginning your investment
    will make you money with the system, but as you will be asked for more money
    to invest. At some point they tell you that your trade is insured and can not loose
    anymore(scam!) Bull…., when you want to withdraw from your account,
    say for yourself (good bye), because it will not happen. Your account will quickly
    disappear to “Zero” and a loss of all your invested money!!! A great scam!!!
    Hoping you think twice about it, because I have been there,

    Broken Writer

  172. Libo Idufanoa says:

    Is Stern-Options a regulated broker?

  173. Toya says:

    Hi watchdog
    I’m in the uk and looking to find a system that works and is simple to use. After reading through all the questions and your answers it brings me to ask this question are there any legitimate non scamming system that allow people to make money ?


  174. Toya says:

    Yes it all seems very merky it’s such a shame :(((

  175. Lindo says:

    Hi WatchDog
    Is Toroption a scam or not because they have been calling to trade with them.

  176. Prab says:

    I am from Canada and have been using demos for a while. After doing some research I think finpari is the best broker option for me? Do you recommend them? Has anyone had issues with finpari?

    • WatchDog says:

      In general, I don’t recommend signing up with non-regulated brokers, but in Canada there isn’t any other option at the moment. Finpari is not bad, but withdrawals can oftentimes take a while to be approved. If you decide to sign up with them, don’t deposit more than the minimum, don’t accept any bonuses and don’t let them manage your account. Check out this Finpari review.

  177. semn says:


    Any recommendation of broker for those living in Asia? I already open with IQ option and would start with demo acct. first but would like to consider or to know other brokers good for Asians?

  178. Semn says:

    Thanks! I’ll take your advice, i’ve tried free demo acct before with tradethunder, sadly i lost, i need more to learn, by the way thanks for link.

  179. Daniel Brown says:

    what about tradersway they new around since 2010 i think but i be thinking in using them. i been trading binary for 9 years mostly demo and i used cherrytrade as well option bot 2 since option bot 2 work with cherrytrade so thats why i been using cherrytrade but they seem legit as well.

    • Daniel Brown says:

      they have a demo account you can open as well
      and something i never heard of :
      MT4.ENC – $10 Min Deposit
      MT4.VAR – No min Deposit
      MT4.FIX – No min Deposit (Normal binary Trade were use to i think)

      I really like this site a lot (tradersway) you can open as many Demo acount as you want, and ou ca ntry all three features a mentioned above

  180. Robert Lamb says:

    Hi, There, after reading many of the above comments, I had paid the initial deposit $250.00 to FinTech/TraderVC I have now requested a refund, the agent was very convincing that I could make a large amount on money on investment but strongly advised more investment would be required to produce the returns spoken about, I could start with an additional $1500.00. Am I correct in thinking the Binary Options Watch Dog is an independent organization not affiliated to competition companies of FinTech as I was advised by the chat on line agent at FinTech ?
    Rob Lamb
    South Africa

    • WatchDog says:

      We’re affiliated with trustworthy companies. Don’t trust any account managers in binary options. They are all after your money.

  181. semn says:

    Hi WatchDog,

    Its me again, I want to ask about this, are they regulated? or any information about this?

    Thanks again.

  182. Robert Lamb says:

    Hi,There, Could you advise if TraderVC is above board, I could invest with them.

  183. Nombuso says:

    Hi Watchdog is fintech limited a regulated broker

  184. Tim says:

    Hey just wondering about lion markets kings rules, can’t seem to find anything on them

  185. Esther says:

    Hi, do you have any information about the forex broker Midas Globe? The guy Donald who called me seemed to me quite knowledgeable but I don’t really like the withdrawal conditions. It says you need do make a minimum profit of 40 lots. Minimum withdrawal is $500.

  186. Chantelle Fivaz says:

    Hi there. Is legit

    • WatchDog says:

      It’s seems to be a good Forex broker. We only recently started reviewing Forex services and brokers, so stay tuned for more information on the topic.

  187. Nombuso says:

    Hi is Binbot legit ?

  188. Philip Chang says:

    I just experienced a terrible ITM rate using the Strong US v2 robot in BinBot. However, the two brokers seem reliable – BinaryMate is recommended here at the top of this page. Is there any word on SnapCash Binary or Penny Millionaire or Automated Binary Options? Also, is Binary Online a recommended broker? Many thanks for your great service!

  189. Morris says:

    What about Tudor Trade? I get conflicting info on if it’s regulated or not? The “account manager” keeps trying to speak to me. I just want to be left alone and trade! Also pls tell me your experience with withdrawing from them? And just a tip guys- stay away from Finpari.

  190. weliswa says:

    Hello Watch dog I joined binary online, but they are so unprofessional, I tried to withdraw my money, and they are giving me stories every day, can anyone help me, I want my money back, I am in south Africa by the way.

    A friend of mine was recommending Option plus, please check it for me

  191. Dennis says:

    Are there any trusted brokers that you can use if planning to start with auto trading sysetm. I live in US.

  192. Tim says:

    OK thanks for all your help. What broker and option robot would you recommend for Canada

  193. Nombuso says:

    Is binary option robot and the broker stock pair can be trusted?

  194. Lindo says:

    Hi, Would u recommend forex trading?

    I’m in South Africa, thank you

  195. Austine says:

    Has Topoption still is business? i was told this morning that it as stop operating

  196. MArk says:

    Has anyone heard of Optsure?

  197. Neiman says:

    Hi Watchdog, thanks for the wonderful job you are doing.

    Please kindly advice me if FX Sniper and Vena System are genuine binary option traders or not.


  198. Tim says:

    How is binary options auto trading with binary mate as a broker

  199. Adnan says:

    Im from Slovenia is save for me to tade on Expert Option?

    • WatchDog says:

      The demo account is good but since they are not regulated, I wouldn’t recommend depositing more than the minimum with them.

  200. CLIVE DOWDALL says:


    • ngaiomanJon Graham says:

      Thanks Clive !! Yes good to have your support and all watchdog visitors need to know the whole thing is a scam. Be warned everyone !!! You WILL lose your money, or if you miraculously build up a profit with your trading total, the traders wont pay out. It is the same story with them all ! Stay away from Binary Options Trading !!

  201. Jose says:

    Hi Watch dog, do you know if anybody made a successful withdrawal from Binarymate

  202. kgomotso says:

    hi, im in Southern Africa my country is Botswana. which binary option do you recommend for me?

  203. maharaja says:

    bdswiss is good broker or scam .

  204. Ray says:

    what is the best trader for canadian people ?

  205. RONALDO ROSA says:

    Hello watchdog i tried to sign with optionrobot and it brings me to BDSWISS or EmpireOptions…What do you make of it?

  206. Manfred Schall says:

    Stoxmarket manipulates the Metatrader !

    I had a managed account with Stoxmarket and – with an account of 6200 USD – made a withdrawal request of 3000 USD on Friday,27.01.2017. On Monday 30.01.2017 between 3:31 h PM and 3:36 h PM I looked incredulously at my Metatrader as my account collapsed back to 800 USD.
    What happened ? In the above time frame the Nasdaq fell „like a rock“ – and my account account manager made one buy trade after another. The first trade looked like this:

    1/30/2017 3:30:56 PM
    1/30/2017 3:32:20 PM
    In short:
    Duration of the trade: 1 min24 sec
    Loss: 3245 USD

    Looking more closely I recognized after making a test trade that my Metatrader was disabled, Therefore these trades were virtual – for Stoxmarket, but real for me, because my account was reduced by 5400 USD.

    I made a research in the internet if this kind of manipulation of the Metatrader ever occured – but could find nothing comparable.

    What was the reaction of Stoxmarket ?

    a) My account manager, Adrian Clive, told me that after his investigation a robot was responsible for these trades but did not propose that I get a refund. (This was before I detected the above manipulation).

    b) Support, see e-mails below.

    Gesendet: Mittwoch, 01. Februar 2017 um 20:47 Uhr
    Von: “Manfred Schall”
    An: stoxmarket
    Betreff: Fw: Robot
    Dear Sirs,

    I came to the conclusion that it is completely impossible that a Robot could have made the trades.that brought down my account from over 6000 USD to 808 USD in less than 5 min.

    Please send me back the deposit of 3000 USD I send to you.

    Kind Regards,
    Manfred Schall

    Gesendet: Donnerstag, 02. Februar 2017 um 15:53 Uhr
    Von: “Manfred Schall”
    Betreff: Aw: Ticket Closed – Fw: Robot
    You are criminals who manipulated data. You will hear from me soon when I publish my findings on Forexpeacearmy etc.

    Gesendet: Donnerstag, 02. Februar 2017 um 17:04 Uhr
    Von: StoxMarket
    An: manfred_schall
    Betreff: Re: Fw: Robot

    Hi Manfred Schall,

    We can assure you that this matter is being looked into by the appropriate department. You will be contacted with the status at the earliest availability. This has already been marked as an urgent matter. 

    Gesendet: Donnerstag, 02. Februar 2017 um 17:31 Uhr
    Von: “Manfred Schall”
    Betreff: Aw: Re: Fw: Robot

    I have proof:
    a) That the trades made on 30.01.2017 were not made on the Metatrader platform but by manipulation.
    b) The trades with which 5000 USD were removed in 4 min from my account were made to reduce my account in view of my withdrawal request  made on 27.01.2017.
    This is a criminal act !

    Gesendet: Donnerstag, 02. Februar 2017 um 21:45 Uhr
    Von: “Manfred Schall”
    Betreff: Aw: Re: Fw: Robot

    I need an answer to the following question:

    At 15:30 h the Nasdaq was falling like a rock and every spritually sane trader would have made sell trades. Your account manger decided to make buyl trades. Why ?
    The only spiritually sane explanation is: because Stoxmarket gained more with buy trades than with sell trades. And this proves also the fact that the trade was not traded with the MT4, e. g. on the market. The result was that Stoxmarket gained my loss of over 5400 USD because my capacity to claim a withdrawal was reduced by that amount.  By contrast had I gained with sell trades 5000 USD my account would have been at 11.000 USD and now I could claim as a payout.

    No more e-mail from Stoxmarket.

  207. Bruce says:

    Heard anything on metainvesting out of the UK.

  208. josefina says:

    Has any one heard of GFTRADE? Are they regulated? Where are they from? Let me know, they are plataform forex an binary options…Thank..

  209. josefina says:

    tradegf dot com

  210. Josefina says:

    Thank WD!!!

  211. Gabriel says:

    Hey guys am a Nigerian, living in Lagos…can you please suggest to me a trusted broker to work with here in my country

  212. Henry Allen Jovero says:

    Hello Admin. It is safe to trade with BinaryCM?

  213. Ray says:

    I get contacted by 53 Capital Trade … is that a scam ?

  214. Trish says:

    Hi is any option a good option or are they a scam

  215. Richard says:

    hello watchdog, how about SRB-group formerly known as swissroyalbanc. Are they a trustworthy broker or a scam?

  216. Thando says:

    Hi WatchDog, what do you think of BinaryRobot 365 and the Hedge Formula group?? and the following brokers they use: BDSwiss, BCM,Binary Tilt and Binary online?

  217. thoi says:

    dear Sir,
    i want to trade on binary options trading. Iam currently in Vietnam. Please recommend a broker and software for me.
    thank you.

  218. Thando says:

    Thank you Watch Dog!!! What Binary trading software with Auto trade option would you recommend for people to use, I at least would like to generate $500 a week?

  219. San Jean Tan says:

    Hi watchdog,

    Is Bet2tradeoptions and its brokers a scam or legit?

Watchdog wants you to comment!!

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