Binary Options Bonus Scams

Binary Options Bonus Scams

One common promotion in the marketplace causing headaches for day traders is binary options bonus scams. The typical offer requires a new client to deposit a specific amount of cash in a new account with a broker whereupon the broker provides trading cash bonuses based upon the deposit. Many traders are taken aback when the scam is revealed in the fine print of the offer. Here we will take a look at the types of binary options bonus scams that are out there and how to avoid the headaches associated with them.

New Account Incentives as Old as Banking Itself

Before we go off crying foul about monetary incentives for new accounts we have to be honest and say that too-good-to-be-true offers are as old as banking and money itself. Continue reading Binary Options Bonus Scams