Contact Mike

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If you have any questions, comments or feedback you can use this page to post comments or on any other page on this site and I will be happy to correspond with you regarding matters relating to Binary Options.

I sincerely wish that this website can assist you with your trading experience and help you reach a profitable rate of success! Good luck guys and all the best! Mike

318 thoughts on “Contact Mike”

  1. Hi,
    Very impressed with MS Management Software Review by Mike and would appreciate if he could suggest a good licensed broker for Australia. MS Management website has only “Markets Yes” as the broker, I have never heard of them, are they reputable and licensed
    Your assistance would be much appreciated

    Kind regards


  2. Hi, I invested in PWRtrade and the same as others posted, they disppeared and not answer anymore, i would like to give the names of the broker, although i think they are fake names. We are a group of 6 persons dealing with the same scam, should i post the names here or what do you recommend. I did wire by bank not by credit card, to which institution or org should I report this, how could i get the money back?
    thanks Maria

  3. Hi Mike, I have been ripped of through Bianary options brokers working through robots. MORTON FINANCE sold me on investing 20k in a protected trade that I would not lose my principle if the the trade went south. It did- lost 20k and now they say the 20 k is “bonus” back in account. That means I have to trade 30x the value to get money back (and not lose) so I have to trade $600k to get my 20k back. STAY AWAY FROM MORTON FINANCE AND BINARY OPTIONS AND ROBOTS. THEY GET AWAY WITH IT BECAUSE THEY ARE NOT IN THE USA. I am interested in your Forex offer but am leary of brokers not in the US.

  4. Hi Mike,

    As of right now, May 2017, can I legally trade binary options in Canada? Are there any legal issues I should be aware of? If I can trade, I was thinking of using HighLow because IQOption is unavailable.



    Epix Trader Will Soon Be Available With additional Upgrades For Its Users

  6. hi Mike
    just register on iqoption thru your link
    cabinet No 17889898
    How do i joine the facebook group after deposit?

    Chukwuma Williams

      1. Hi Mike,
        New to trading, love your videos!! I followed your link to demo accounts to learn about trading to find IQ Option, after googling and I could be wrong but I noticed that they mention IQ is a scam!! You have the best advice online i can find about trading and everything else seems tobe a scam!!!
        Looking to learn how to trade, any links or trusted robots(if robots are real lol)) would be really appreciated thanks..

  7. Hi I am new to all of this and have been watching info on HS Swiss nice video not too sales lead seems up front and honest, cant see it on your black list is this company good to deposit with.? I havent given any deposit as yet just researching.

  8. Hi Mike. I want to be part of your signal services but the link to the iqoption shows ‘invalid login or pw’ when I try to register on the site. Pls can I get a proper link or a small instruction on how I may cross this hurdle to enale open the iqoptions account with your link?

  9. I will like to let you know about option888.

    Option888 is a big scam…I invested $7000.00 usd and got $0.00 returns. And I had a Accounts Manager. He took the account up to $12000.00, after I made a withdrawal of $250.00 they wipe all my funds. I will later post proof of the way they rip me off. Don’t invest with this scam.

     Don’t invest with option888 they are professional scamers.

     Stay away, they seams like helpful people but they are scams. The account manager took my account from $7000.00 to a $12000.00 then when I withdraw  $250.00 the wipe my account…. I will post more on this site and more site with snap screen shots.
    They are also tampering with the charts.
    Pleae don’t be fooled by option888.

  10. Hi Michael,

    You really should blacklist Suisseoption Jack Ryan and Richard Brenner.
    Bad news! Do not send money to these people. Complete scam.
    We have 15 people from 5 countries ripped off by these criminals. Proof of e-mails, CFD signed, and wire transfers. Just ask if needed. Any information on this group would be a bonus!

  11. Have you heard of Aeon Options and are they legitimate? Part of Safecap and Markets Limited companies owned by Playtech LLC. Any comments would be appreciated.

  12. Hi Mike

    Have you looked at Honest Forex Signals? I’d be interested to know what you think.

    Thank you.

      1. Another one to look at is Aeon Options. All communication stopped 2 weeks ago after all 7000 investors signed up

  13. Hi mic I wanna know if binaryRobot365 is a scam or not I’ve tried the demo it looks so good and smooth I’m convinced but Im scared to open a live account because I’m a beginner and I dont wanna loose my money on this

  14. Hi Mike I’m a newbie to all of this. What broker and software would you recommend to me? I live in the UK and I’m interested in getting started as soon as possible.


      1. Hie Michael, I ‘m a newbie and l’m trading with 72option l got them from your link, my problem is that there are not regulated, should l carry on with them please help?

      2. Hello Michael, I wish I would’ve saw this before I went to Binary Option Robot. Its not the their software but their broker DineroLibre. I funded them and wasnt satisfied with my ROI, so I tried to withdraw my money but they will not refund my cash. I’ve been going back and forth with them since 03-03-17. I am frustrated with that broker. If they dont return my cash Monday I don’t know to do. I’ts not worth suining over. Any suggestions? I wanna wrap my hand around his neck and try to make his head pop off.
        Michael do you have a course newbies can learn from? What broker would you suggest? I’m in OHIO

      3. Hey Mike, i just sign up for your auto trader and put all my in fo in but it won’t take me to the Broker page..can you help me with that thank’s

      4. Hi, sir Micheal freeman
        How can I contact Ann jones, I used contact her on facebook before, and she used to help regarding anything about brokers?? I can’t seems to message her, what’s the problem,

  15. Hi Mike ,I got into binary business out of desperation. I am currently been trading with omega option for about 7 months. I really have some questions to you. If you can email me or contact me .my number is 209 244 0908…thank you looking forward talking to you.

      1. Hi Mike,
        Pl advise me on how to get my money back from binary trader VIPOptions, which is also called CST Financial services. The amount is $12,000/-. Upon my complaint the trading regulator IFSC, they returned 1500/- of the total 13,500/- but went silent afterwards. Even my further complaints to IFSC were not answered. I used to live in Abu Dhabi, now I have shifted to Bahrain.

  16. Hi mike, I recently put £250 into the amissio program and found it to be the biggest mistake! I got introduced to Options FM who were terrible. They were very rude, got about 6 calls in one day from different people who were not helpful and when I decided to get my money back they put the phone down and even shouted… Thought this would put me off for life however I did get the money back. I have tried to email, you at your support email address but it came back as no such user? I would like to try again with yourself, can you help?

    Thank you lisa

    1. Hi lisa,how did you get your money nack?i did the same thing went with amisio then got a call from omega options. Been trading with them for 10 months. Sad part all the things that they promise to me from the beginning never happened. Nothing but lies.they dont wanna give my money back.then i gotta call from MY CHARGEBACK to get my money back.but they want $750 up front ,if everything goes through they will take out another $4,250 total of $5,000 problem is i don’t have the $750 .please email me..thank you.

  17. can any one can tell me weather Dow Jones Focus Group..provide auto trading.since i dont have time to watch signals and trade

  18. Hi Mike, your site and youtube channel are great, just what is needed in this cut-throat industry. Could you please let me know if there is a place in your private signals group. If there is I will sign up and fund wth TopOption

  19. Wanted to comment on Bee Options. Their customer service is very bad and they can’t explain or understand what you are saying. I lost a great deal of money and requesting a withdrawal was a nightmare. After about a month the money was returned but charged one hundred dollars interest fee. The 100 dollars was and in the agreement I singed.That info should have been clear on their website but instead buried it in the terms and conditions. I told the manager in a email that a mistake was made and that I should have been refund within 1 to days back to my card. They refused to refund the service fee and I had to threaten a dispute the charge on my credit card. accidentally added another 0 to my deposit funded for 5000 instead of 500 dollars I also got charged interest from my bank card. After explaining to the bank. they reversed the fee. II highley rccomend recommend you Stay

  20. Hello Mike,

    Did you made a review about 500option and about the withdrawal ?

    I also have to say something positive about them.
    Their chief trader called me and offered me a risk free trade without any restrictions and an advice on a trade and they emailed this to me. The guy seemed to be very trustfull and after confirmation on email and skype about the conditions (risk free trade and no restrictments about trading amount before I could withdraw money) I stepped in.
    He also offered me to do the trade for me because I work in the daytime so I agreed. But instead of making the trade that couldn’t lose they placed several trades and also an amount of the trade we agreed upon but in three different trades. They blew my account in 3 hours so when I came back from work my account was empty. But after contact the chief trader he said he would put the money back the following day, of course that didn’t happened. I wrote emails to them and send them at last the conversation on email and skype and they said they review it. But nothing seemed to be happening so I called and emailed them 3 times in a week.
    After 3,5 weeks the chief traders answered me he was in the hospital and promised me to get the money back and made excuses.
    At the end after 4 weeks they put the money back on my account.
    I’m now trading with it and I asked friday 4 september a withdrawal I’m wondering if that is going smoothly.

    I will keep you informed about the withdrawal.

  21. Mike,

    I wanted to tell you about two persons whom I got involve in their silly scams. I guess you know them. They are Michael Morgan and Cindy Taylor. They have ask me to pay $250.00 to obtain the products to make money on binary options. I have told them that I donot have any interest and I have written several e-mails, but never got a reply from them. I have contacted my credit card to credit my $250.00, but they have ask me to pay the bill in which I am not willing to pay until this matter has to be investigated properly. What can I do, Mike. Can you give me any suggestions of how I can convince my credit card company to look into this matter thoroughly This is first time I got involve in this situation. I was so stupid to fall into this silly scams.

    I look forward to your favorable reply and thank you for helping me at this difficult time.

    Fred J. Gordo
    8580 General Currie Road,
    Apt. #220
    Richmond, B.C. V6Y3V5

  22. Hey Mike, I am sure you have discussed this broker (AmberOptions) in the past but I haven’t had a chance to read all the posts. Don’t really need to know if they are a scam as I think I am already a victim. I have been with them for roughly 2 years but they have stopped replying within the last 6 months. They have my funds ($1700 USD) and refuse to replied to emails/phone messages to honour or acknowledge my withdrawal requests. What advice can you provide me on getting these funds back or even some pressure on them to acknowledge my requests? Any advice you can provide with be much appreciated.

    1. Hi Devin, Unfortuntely this is not the first time I get a complaint on AmberOptions. They don’t even care to get a listing on any reliable blog. They are purely synced with automated scam software and services and this is their line of work. The filth of the industry basically. Of course they are not replying to your emails, it’s certainly not a misunderstanding. Why would a crook respond to your emails? If they were a legitimate company they would at least answer your emails and calls. However if you pretend to be a new customer they will surely call you 5 times a day until you deposit money.

      My general suggestion is a credit card dispute while if you deposited the money via bank wire, the money is gone unless you have the money for an expensive International lawsuit.. filing a credit card dispute is fairly easy, all you need to do is call the number on the back of the credit card you used to fund your account and request to speak with the fraud department. Alert them that you’ve been scammed and you want to get your money back in full. In many cases, the companies break and will give you back the money to prevent an escalation with the chargeback.

      I am not sure about though, they are probably working with a high risk credit card processing fraud company that let’s them get as many chargebacks as they want without freezing their account. Anyway, I don’t want to discourage you but in reality the chances are slightly against you.

      Good luck Devin and god bless you!

  23. I am Roy Tribble’s student for over 9 months. i invested 15,000$ into acquiring systems to feed into Super Signal software. 6 months later im still waitting. I was sent two diff software that didnt work. Its like getting an empty box. Then he ignores you. He seemed like a real caring guy.Beware of this guy. We will try to take this guy to court

  24. HiMike, as an addition to my earlier messages re the lackof cooperation with RBOptions and their refusal to refund deposits…..I found that after ONLY 2 months they have done as requested ! SUCCESS!!Regards and keep up the good work ! Charles Mallett

  25. Hi Mike that sounds really interesting,I have been following your progress on-line and seen your video’s on you tube,I am fairly new to binary options so still at bit sceptical,can one really profit regularly,with the help of your signals?
    I am interested in gaining some experience in this industry.If I sign up can I also receive the SMS text alerts and do you give the expiry time of the asset?
    kind regards

    1. Hi Lawrence, Yes and I actually made a transition and created a new Facebook Signals Group, you can get alerts via email and interact with other members in the group. I also added two Admins, both are professional traders and are a major contribution to the group. I encourage you to join us. You can register directly via the following page: Don’t hesitate to email me back if you have eany questions. Cheers! Mike

  26. Hi Mike.
    Could I join your Signals Group if I sign up with TopOption?
    I can only help with your charities once I gain some profits – at this stage.
    Thanks, Brian.

    1. Hi Brian, Of course! You can between any of my recommended brokers and join my manual signals group without a donation requirement or a fee. I recently established a new Facebook group where I post my signals every day. If anyone is interested, you can register via Mike’s Manual Signals Group. Cheers! Mike

  27. hi Michael,
    I tried to find your review of GOptions but the link that your provided didnt really give me anything about the broker. would appreciate your comments.

    1. Hi Lily, I am not longer promoting GOptions due to a major backlash, they scammed a few of my subscribers and I have a reason to believe they are no longer legit. Back when they started and while Adam, one of the founders, was still around, they were fair with traders but now they seem to block many accounts and not honor withdrawal requests. I would refrain from doing any business with them. CherryTrade is available worldwide, they are a great alernative and a brand you can trust. Here is my complete review

  28. Michael thank you for being a great mentor! I really enjoyed reading many of the strategies you guys posted on your website. Just wanted to stop by and say thank you.

    1. Unlike many auto traders the ProBinaryRobot is getting some great ratings which is why I listed it as one of my top recommended auto traders on my Binary Options Signals page. As for the Binary Option Robot, I reviewed it before on YouTube and I got some mixed comments, you should look into it if you are considering to trade with Binary Option Robot

      . If you are looking for auto trading you can also check out my own auto trader. Obviously I listed it on my recommened services list however it’s also listed as a recommended service on,,, and many other websites. I also received great endorsements via my social media including my Facebook page: Mike’s Facebook , my YouTube videos, other YouTube videos posted on my service and comments from traders who are following my manual signals and auto trader. I encourage you to join my autotrader, we are also raising a lot of donations in the process even though the donation is not mandatory. After you register with my auto trader you can email me and I will add you with no extra fee or broker registration, to my manual signals group so you can also get my SMS and email signals during my live trading sessions. If you are interested you can register via or email me at and I can send you a quick walk through. Cheers to a successful 2015! Mike

  29. elite trader app? have you got any idea on it mike they keep sending emails to me so i watched it they say you get 30k a month? and take 5% per month for you being trading with you cheers

  30. By the way, your blog is awsome. I’ve gone from complete “gambler/emotional trader” to making calculated trades and am seeing a big change in the results.
    Thanks a lot!

    1. WOW, it looks like a complete scam! You have to understand that these types of pitch pages are coming out every day, they protect themselves with risk warnings and disclaimers that you can read below on the page. The disclaimer allows them to scam you and get away with it. Don’t buy into any offer that looks pushy and/or extremely unrealistic.

  31. Hi Mike.

    Timebinary platform has not been answering my Skype calls at all.
    I have 500+ EURO in this account, but the broker Adrian Ferrari can not be reached.

    What can I do to secure my funds?

    Please advise

    Kind regards
    Christo Lawson

  32. Hi Mike, I have been looking at binary options for awhile and what a pandora’s box I found it to be. needless to say I lost a few fingers and was about to leave the whole thing as a bad idea, until I came across your site and what a breath of fresh air that turned out to be. I have followed some of your video and found them ideal for a dummy like me.
    I will definitely join. Looking forward to work with you,
    Kind Regards

  33. Mike…PLEASE publish THIS:
    GUARANTEED WEALTH, CVC OPTIONS, CLOUD-PRO HOSTING, and some OTHERS that I don’t even remember! STAY AWAY from these SNAKES, and DO NOT – DO NOT get involved with ANY SCAM ARTIST promising that YOU’LL “GET RICK QUICK”…just DON’T…YOU’LL LOSE EVERY PENNY YOU INVEST!!!

  34. Any news on binary brainwave or binary bullet autotraders? they keep sending me emails too.
    thanks. keep up the good work.

  35. Hi Mike

    Can you give your review on Option orbit. Also appreciate if you could also give your review on Binary Options Live Signals.

    Thanking you in advance.


    1. Hi Mansur, I did a little bit of research on Option Orbit and found that they are not regulated. They are also a brand new company based on their Alexa traffic ranking not too many authority binary options sites, if any are pointing to them. I would avoid dealing with unrecognized brands, especially if they are not regulated. If you have any questions or need some suggestions regarding a better alternative you can comment back or email me at Cheers! Mike

    1. You can register and receive my latest blog posts in the Mike’s blog section. Just enter your email. You will see the subscribers widget on the right menu.

      I also encourage you to watch my latest update on YouTube regarding the release of my AutoTrader.


  36. Hi! I am impressed with your site, you have a lot of people who follow you! I am very interested in your signals! most of AUTOTRADE! I’m interested in why on your list does not stockpair and 24option? them which broker do you recommend for working on AUTOTRADE? and another question! when working AUTOTRADE when you’re sending signals, whether we should be switched and my computer that I received your signals automatically?

  37. Hi Michael,
    Congratulations for your great work.
    I live in Israel and I would like to work with some brokers that you can recommend me.I heard that many of the ones that you recommend, dont work with Israel.

    Thanks and shalom

    Many thanks and shalom

    1. Dear Carlos, unfortunately binary options is not available in Israel as far as I understand. It’s possible you might find local Israeli based Binary Options or Forex companies but not one of the international brokers. I am really sorry to disappoint you. Cheers! Mike

    1. Hi Wallace, I really encourage you to checkout the , unlike many auto-traders it’s not connected to an affiliate network and there’s an honest developer behind this auto trader. To clarify it’s fully synced to your broker account and the trades are entered automatically. They only work with EU regulated brokers so if you are in the US, email me at there are a few good alternatives

      Cheers! Mike

  38. Hi there Michael I am from England,London and I am very new to binary trading. I am fearful of many of these scams on the internet regarding this field and I was on YouTube when I came across your videos and I must say you seem very genuine and look like you care about everyone which is a great quality to have as a person. May I ask which trading platform I should use? . Also can you please allow me to use your trading signals? . Thanks for reading looking forward to your reply.

  39. I live in Puerto Rico, US territory; would like an automated system, which signal provider and broker do you recommend? thanks

    1. I wilton, I suspect you just finished watching my review on the Unfortunately most of the Auto Traders for binary options or not reliable. I can recommend a few and I will be glad to email you more information on each of the services I recommend, my email is, I also want you to checkout one of my latest articles titled “Why are most binary options signals not successful?“. Consider also joining my signals group, I work with US friendly brokers. For more information visit my signals group page. Cheers! Mike

  40. hi mike i was just looking at the reviews on binary option bots on your site,do you do the reviews or are they from another source? because i am interested in finding a auto system that works? been scammed to many times i feel you are the only person on here giving real reviews so i do take notice of what you are saying about things.i was looking at optiexpert and auto quick income are they real and worth the investment?

  41. Hi Michael!
    Not sure if you would be able to answer this question,but what is your success rate on signals you provide? As a newbie I heard it should be %70+ otherwise you will be out of money.

    Thank you.

    1. Hi Sasha, I have a lot of experience with binary options, 3+ years of trial and error, and I got myself to a profitable ITM early on when I started. My signals group members are getting at least %72 ITM 72/100 trades, take into account that you might miss a signal or two every day…but it shouldn’t affect the overall average winning rate over a volume o trades. By the way, the ITM rquired to generate profit is also determined by the payout on each asset..I usually trade assets and on broker platforms high a higher payout specifically for the assets I am focused on and these are the brokers I included on my signals group page if anyone is interested to check it out. In some cases you can generate profit even with a %60-%65 ITM .. it depends on the payout for the given asset.. and how much can you make with my service? It depends on your trade amounts.. at first you can start with smaller trades, and eventually you can enter trades with $100+ on each trade, which is where the real money is at.. If you’re interested to join my group or have any questions you can also email me directly at Cheers! Mike

  42. Kia Ora Warren from NZ. Thanks for you good clear honest presentation. I look forward to keeping updated with you as my interest is in binary options.
    Cheers! Warren [Integrity in Trading]

  43. Hi my name is Alexander and I am from Belgrade in Serbia in the Balkans. I follow your posts for quite some time and I am very interested in that kind of salary. I’m a little scared for my money because here earns about $ 300. I am able to extract $ 100 if you can advise me what strategy to use, and with which brokers to start. Thank you for your time and much I care about your opinion. thank in advance.

    1. Hi Alexander, thank you for visiting my blog. If you are planning to start with a lower budget I can recommend Optiontime or Topoption, both offer a low starting minimum of $100 and they are fully EU regulated and licensed. In the Binary Options Brokers page you can find complete reviews for both companies. On the top menu you can find a scroll down list of recommended binary options strategies. I just recently posted an article and a video on my Top Gold Trading Strategy for Binary Options and I recommend checking it out. If you run into any questions you can email me at Cheers! Mike

    1. I didn’t see your registration form. You can submit your details on the signals group page but anyway, I will go ahead and add you to the group right now and send you the welcome email. I will also send you another emails with additional instructions before the upcoming session. Cheers! Mike

  44. Hi Mike,
    Can you please check the legitimacy of software which is linked to banc de binary, interacticeoptions and 4market option,

    They give the software for free but you have to open an account with any of the above brokers.

  45. Hi Mike, I’m about to join your personal signalling service or the signalfeeds trial. since you provide feeds for signalfeeds on oil and joining both services would require signing up with 2 platforms, which option do you think is best? I’m a beginner and I’m trying to learn but would like to get my feet wet using signals as well.
    Thank you

    1. Hi Sepehr, The good thing about SignalFeeds is that you can also purchase a paid membership instead of having to signup with two brokers in order to follow both services. My signals group is free after you signup with one of the brokers, OptionTime and TitanTrade are the most popular right now. If you have any questions you can also email me directly at Cheers! Mike

  46. hai mike
    i am from dubai..i am going to sing with option time with your signal service…please tell me in your registration form..i need to use the same email id…i use to register with broker…or it can be different

  47. Hi, I just got it working., But before I do I have to practice. Did you know that the broker should have Demo account ?

  48. Hi Mike,

    I used to received your regular newsletters and I take them very seriously. I am sure it would help lot of subscribers to make wise decisions.

    Recently I am hearing lot about a company called ITM Signals and would appreciate if you could make a review about them so that people will not fall into another scam. I am sure people will take your reviews seriously.

    1. Hi Edwin, ITM Signals is fairly new so besides a few invitations to use their service I’ve yet to receive feedback from anyone who actually tried it. I would really love to get some honest feedback from one of their members so if you end up trying them out please let me know how it goes. Cheers! Mike

  49. hai mike

    Please tell me…for using signal feed
    what is the amount i can invest with optiontime….
    100 will sufficient or i need 250…

  50. hai mike

    from dubai….with signal feeds..which broker is best with this….i am thinking of topoption…

    1. Hi there, well if you signup with one of their brokers you can get a free trial so I would go with OptionTime, they are very similar to Topoption and they are also regulated and licensed (minimum deposit is $100) . Cheers! Mike

  51. Hi Mike. I looked at your review for “Signalfeeds. I would like to try it and saw that you left a “45 Business Day Extension Free Trial Offer SFGFREE45”. How long is that coupon for? I would like to get started this week. Thanks a bunch Mike.

  52. Hey Mike,

    Can you give me a review about this new brand 6option?
    i have heard they are the most transparent from all the new brands?
    Do you have any idea about their bonus system?


  53. Dear mike…i am from dubai….how is signal feeds…is there perfomance is good..i like to use them..can you tell me about this…

    1. Hi there, Signal Feeds is a great service. I’ve trading with them for months and they usually generate a winning performance. They delivery the signals via SMS or email and you should get around 6-12 signals per day. If you don’t have an account with a broker they offer a free trial membership but you can also purchase a paid membership with PayPal. Cheers! Mike

  54. Hi Mike I had a terrible experience with banc de binary for the last few months. Where can I make a report on their malpractice and ripping off my money.I think I better give an account of what happened in the last few months
    Initially I was convinced by one of the the broker called Jack Caines who was in charged of my account to subscribed to to the vip account and was told what of various benefit and put all my trust in this guy with 50k. As I was a totally new and do not have any knowledge at all and I let him managed my account as well and for the first session of the trades he squandered of more than half of my equities and most of the signal he gave were out of the money later as I learned that he had been mismanaging my fund according to trading of 5 percent-10 percent rules no matter how good the trade.Just imaging more 50 percent of the funds gone in a few hours including the so called bonus that was 110k.When the funds drys up he told me that a guy called Eric Doukas who was their top executive has drawn up a plan to recover my loss but he later was on vacation and passed on to a guy called Ryan Lucas claiming to be their best analyst had also drawn up a plan to recover my loss and I have to deposit another 10k I was dragged into such a situation I went along with and you know what he put me to go for 60 sec and he call this a plan and half of the latest deposit gone.There and then I never hear from him again before I deposit he and this guy Jack often call asking when my deposit is coming now that the funds was down you call them ,they were busy or not available these people are real crooks and now this Jack guy says if I want to recover my loss I need to deposit another 20k saying that a guy from top bank joined them and in charged of recovering the clients loss.He must be crazy what a scum. Another criminal act is their platform add a few pips sometimes up to ten pips at my expense charging me claiming thats its a spread in which their ad.say no spread and simple to trade.Now with this situation dont we have any authority to turn to and report of this crime and let them do as they like. What are all those regulatory bodies been doing or are these regulatory bodies are crooks too. Pls post my experience to the public to let everyone know about whats has these people been preying for those timer or newbees.Punitive action must taken against these crooks.

    1. I am really sorry about your experience with Banc De Binary. Due to harassment I had to remove my negative reviews on them but I definitely agree with all of the points you made..I personally had to file a police report against them. At this point I can no longer participate in any type of negative campaigning against them..Too much drama for me..but if you put your mind to it, I promise you that you will get what you deserve.

    1. Hi Ashok, yes you can. The way it works is that they automatically assign you to a broker based on your country’s range of IP, so they will detect you are from Dubai and opt you to register with an available broker. In general I know that most brokers are available in Dubai so you shouldn’t have any issue.

  55. Thanks Mr Mike… for saving me… I nearly sign up to so call germanbinaryrobot…but in signalfeeds they accept Paypal. in my country they accept paypal. that is the problem here

  56. Please Mr Mike, I will like you to take a look at this new Robot developed my a German trader…
    claiming that the robot is capable of turning $200 into $2,000+ in one month time.that it is free for one month.

    Is this a scam?

  57. hi michael, i saw rboptions is warned by the bcsec in canada for not having a trading licence. please comment on this, as you reviewed this company in 2013.

    1. Hi there, one of the major issues with RBOptions is their false claim of being incorporated in Canada. Due to some of the complaints against RBOptions I decided to no longer recommend this broker. Let me know if you have any questions and thank you for the comment! Mike

  58. Hey Micheal, So I am in the U.S. and looking to trade with Goptions. As I am a beginner I want to avoid taking any bonuses so my money isn’t locked into the platform. So my question is, do I just open an account and then they will offer me a bonus? I want to be super safe and do it right the first time. I don’t want to automatically take some kind of bonus if you know what I mean LOL. Thanks in Advance, Marcus M.

    1. Hi Marcus, GOptions is a good option you can also look into TitanTrade, I listed both brokers on my US Friendly Brokers page. In regards to the bonus your concern is valid but GOptions is not the type of company to automatically place a bonus in your account. I’ve seen it happen before with several brokers but legitimate brokers will also ask you if you are interested in the bonus and you can kindly decline the offer and leave it at that. Have a great weekend! Mike

  59. Dear Mike
    i am going to use option bot2 with 5 brokers… it is possible to trade 5 brokers at a time?…

    1. That’s the beauty of it. The Option Bot 2 allows you to integrate all 5 brokers with the software without having having to deal with 5 pages/websites. Checkout the Option Bot 2 Review. I got to update the broker list but most of the brokers are still up there. Cheers! Mike

  60. Hey Mike. Is the iFollowSignals software the same as the iFollow service offered by Lbinary? The reason I’m asking is instead of signing up for the iFollow software, can I just open an account with Lbinary and use the iFollow service for free?

    1. Hi Cody, The iFollow feature offered by Lbinary is not connected with iFollow Signals. The feature is offered free for all Lbinary traders. It’s one of my favorite brokers in terms of features and payout! Checkout my Lbinary Review Cheers! Mike

  61. Dear Mike

    First of all congratulations for your hard work!
    I’m from Rome-Italy, a newbie about 2 month in the ‘chaos’ of binary options.
    I’d like to recommend me a bot or a signals service to trade over 70% ITM accuracy. I have an account with 24Option and until today I lost my deposit money(about 300€)I’m thinking to signUp with another broker with a lowest deposit(100€) and minimal trade and possibly a demo. Just because I want to go slowly at the biginning.
    Thank you.

  62. I’ve used BinaryMatrixPro as asked above. Been looking at Binary for a while and jumped in with that one. The results they advertise are nowhere near what their signals result in and the “social reporting” feature they have is completely wrong. I think their “beta testers” they advertise is just them. Example: I was on there on many losing trades that still showed over 50% people had a winning trade, but when you look at the currency chart, the pair moved in the exact opposite direction of the trade signal for at least 2 minutes. So their reporting feature is not accurate at all and I would say after about 150 trades so far, it is around 50%, which on the payouts, I am losing. I’m done with using it. Just thought I would submit my review thus far. I would be hesitant. They are still putting out reports of greater than 80-85% accuracy of the signals, but my trading following the signal within 3 seconds of it, produce otherwise.

    1. Hi Ashok, is not a legit company. They advertise a Canadian address but a quick background check revealed otherwise. I also received several complaints concerning RBOptions withdrawals being too slow. Cheers! Mike

  63. Hey Mike, have you heard about i email them about there company and i have got responses saying the software has a 80% win-rate. If you ever have time, check them out & give me your feedback on it.

  64. hey mike thanx for that,i asked because i thought it was very similar to p60secs .learnt my lesson the hard way now i always do some research before i join anything cheers mate

  65. ok thanx and just 1 more question, ive been checking out the indicator posts on ur blog how do i know which chart timeframe and match the right expiry ie
    1hr expiry which chart? 1/2 hr which chart and so on thanx again ur site and ur channel have been most helpful wish i had found u before dumping 1k into b54

    1. It really depends on the type of indicator you decide to use. If you are interested in a specific indicator let me know and I’ll recommend a suitable time frame. You can email me at I’m really glad you didn’t make the mistake of going with B54 after everything I’ve been hearing about them. I reviewed them on my blog and the review already has close to 100 negative comments.

  66. ok cheers can also ask u i have asked before but can only imagine how emails and comments u get how do i access gold and silver on freestockcharts?

    1. I get quite a few messages and comments every day. I do my best to be available and I am next to my computer very often so it makes it easier for me to quickly respond. For commodities I would actually use , FXEmpire has everything!! Free.

    1. Hi Craig iFollowSignals generates the signals during GMT, EST and PST. If you are from Australia you might miss a few signals but luckily they send a really high volume of signals every day. For anyone else who needs to get more information on iFollow, checkout the iFollow Signals Review. Cheers! Mike

  67. Hi Michael, I want to tell you that I just start using Auto Binary Signals (, it is another scam. I follow their 15M-1H signals and trade on my demo account and I can tell you that it won’t work. I personally tried it and I do not recommend it to anyone.

  68. hey mike,
    just joined demo with poweroptions can u give me 2-3 strategies that i should try,been going over ur blog and the 101 blog so many to choose from i am a newbie and i also have alot of time at the moment which 2-3 would u reccomend

    1. Hi Craig, it’s always good to start with a little bit of practice before you jump in the water. Checkout the Fence Trading article, it’s a great strategy and I use it very often. Another great way to trade is by getting familiar with technical indicators such as Bollinger Bands and RSI, in the Binary Options Indicators page you will find links to articles on all the popular indicators, I think it’s a MUST if you plan to trade on 15,30 minutes expiry or less. If you have any specific question concerning an indicator or strategy don’t hesitate to email me. There are lot’s of good strategies but I would stay away from all kinds of probability strategies like ‘Martingale or the 5 point strategy’ unless you integrate it with an existing, working strategy and in this case you can use Martingale as leverage. Cheers! Mike

  69. Hi Mike
    I am so happy with your posts beside they are helpful, I found them friendly please keep up good work..

    I have been waiting too long for some one to post something about or anything related to on the internet.
    I have gone through bad experienece with xoptionstrading ,,I guess…
    I have been told by Jenny (just a few days ago I found out that she deleted my contact with her under skype)
    Well I hope that fastsignals is not a fraud , because she is under them, right?
    xoptions don’t reply to any e-mails and they don’t have chat. I have 7444.88 that is after I asked for withdraw, but before that I have $11,000
    everything was nice, but sometimes there was loss in trades when I check those trades with other brokers (expiry rate) I find that there is slight difference between the numbers, something like it is meant to be. But everytime I came with something Isay may be it is supposed to be like this,, and I start to keep away suspious thoughts..untill I saw my account is $0 in balance. I opened the account in June 2013 and till Sep I was asking for withdraw , I was asking Jenny for this, she says “wait” ..everytime there was a reason , a week after a week , once she says the broker is broken, another she says am waitng for confirmation..and so on..I aslo suggest that I will add my nephew and she promised with a commision…..all this and nothing I got.

    I hope that there is something to do about it, is there anyway that the broker is the one who is making all this and jenny shaw, but now after she closed my account on skype I guess that there is a relation between the two. Last thing I heared from her is that she will need two month to transfer the money, and she is facing a court with xoptions the broker, she says that the broker doen’t have money and she is going against them on the court.

    Well, any advice about other auto managed accounts providers..
    I searched many times, there are and
    It is a bad experience..

    I want to ask about,
    from what I searched they are registered with Markets
    and they offer 100% bonus, am also not interested in bonus but with conditional bonus are saying they take 50% of the profits each month

    Lastly I found vostrofinance they are recommended by many websites, they also have programm to compensate bad experience like the one I had with xoptionstrading, they give money but to withdraw only after 6 month and only the profits.

    I hope people will be aware of xoptionstrading, fast-signals,


    1. Hi Wail, first of all I really appreciate the nice feedback. I am really sorry about your experience with Xoptions. For this reason I always recommend doing a little bit of research before committing to a broker, if you don’t find enough reviews, good or bad, in many cases it’s “over night” websites who are not necessarily in possession of EU regulations, CIF license or anything to substantiate that they are trust worthy. I included a blacklist on this blog with brokers that are scamming traders, it sounds like Xoptions should be listed there based on your experience. It’s very similar to how B54 treats their traders. It could be that they operate this signal service, however in many cases they are just partnered with them. I also wouldn’t take any bonus offers that can lock your funds and restrict you from withdrawals. The CySEC authority recently announced that they plan to ban these kinds of bonuses so companies shouldn’t be offering it at this point. I would recommend going with an EU regulated broker like Topoption or OptionFair, instead of taking a risk with some of the newer brokers and definitely make sure to research each broker really carefully before depositing again. In a recent video I covered a few tips on how to recognize a Reliable Binary Options Broker! –> Reliable Brokers Video <-- Don't hesitate to email me with any questions. I'll be happy to recommend some reliable signals services or free strategies and resources you can use. Cheers! Mike

  70. Hello Mike!! I recently joined Taurus signals, I noticed in one of your videos comments that they are under performing lately, I was thinking about investing 20 if I loose 50 and then 100 to try to recuperate when the signal is not accurate and then going back to 20. What do you think about this type of method? If their monthly ITM is still above 70% it should give me a pretty good chance of recuperating and still making profit if I follow them with caution. If you have any technique about this type strategy could you give me some advise ? Thank you for everything.

    1. Hi Antonio, the problem is that some days they now generate a %100 Loss rate …because they only deal with a small number of daily signals. There’s no ‘easy to spot’ pattern, however using Martingale type strategy in this case would make sense because the ITM rate is still around %70 so you can increase your trade amount systematically and recover the losses while shaving some profits. Let me know how it goes if you decide to continue with Taurus Signals. Cheers! Mike

  71. Hi Mike,
    I picked up an invite for a auto bitcoin cash program. Read about Joseph Tanner who is the developer of this software. He claims that it has made him Millions already trading bitcoins. He even showed his bank account.Iam led to believe he maybe using Banc De Binary as the broker. Is Bitcoin trading legal and will it make the type of money Joseph claims.
    Is Banc De Binary a reliable broker.
    Appreciate your advise and thanks for your updates.

    1. Hi Levi, ever since Bitcoins became popular in the mainstream there are tons of these fake, pitch page services offering Bitcoin bots and all kinds of variations of these products. Auto bitcoin cash ( ) I wrote an article on these types of services, money making programs – check it out before you proceed with any of these services. Another thing, when you see these testimonials in the video, it probably gives you more confidence in the product, so thing again! There is a market place where marketers can purchase fake testimonials.. I already recognize some of the actors hired for various products. It’s a bunch of BS don’t fall for it. These money making schemes are a disease more like financial disaster rather than financial freedom. Avoid this BS. Do yourself a big favor. By the way, Banc De Binary is not reliable at all. Google them and you’ll understand why..Checkout the blacklist I posted and if you are interested in a reliable broker, checkout the Topoption, OptionFair and TitanTrade reviews. If you have any other questions don’t hesitate to respond back and have a great weekend! Mike

  72. Hi Michael, Right now I have been doing some trading with trade rush and there platform visually is not the greatest, So I like goptions platform. My question to you is have you ever heard of this Broker called Superoptions, Its only $50 minimum to start but I have not found many reviews on the Broker. Love your You Tube videos, Keep up the good work. Jason

    1. Hi Jason, thank you for your feedback. I looked up and it seems like a brand new company which explains the low review count. They are not regulated and they have a bad ranking on indicating that they either just came out and/or have a low number of daily visitors. I would definitely stay away from an unrecognized brand. Mike

    1. Hi Mark, SignalFeeds is a great choice, they average 10 signals per day and you can get a free trial when you register with 1 partnered broker, otherwise it’s $35/week. If you are trading from outside of the US, I would recommend Topoption or OptionFair and if you are trading from the US, checkout TitanTrade. I reviewed all 3 brokers in the Brokers review page. Let me know if you have any questions on any of the above brokers. Cheers! Mike

  73. Hey Mike,
    I sent a comment regarding trading Hack software and Amber Options. You saved me I was going to deposit money today. Can you advise me if there is any legit software that does trades for me or at least sends me trade signals? Also a broker that I can use with it that won’t steal my money.


    1. Hi Mark, I just received your email but I will answer this questions here because many traders are asking me about Amber Options and the Binary Hack software. I read a few comments on BinaryoptionsWatchDog regarding this software. It appears that is a brand new company, they don’t seem to be regulated and it’s possible that they are actually owned by this signals service, I would be very cautious with these types of offers. If you end up signing up definitely keep me posted on how it goes. Cheers! Mike

  74. Hello Mike! I am writing you from Germany. Two Binary Option broker from Cyprus stole my money. Zeder and OptionBit. They simply refused to pay back my money. No contact possible, no information.
    Now I have found one another broker from London – GOptions. What do you think – is he scam? Can I ttrust them? Would be glad to listen your opionion.
    Greetings Stjepan (Steve) from North Germany

    1. Lot’s of negative feedback on ABS, I am hearing they are getting around %45-%55 ITM which is horrible. The signals are also not automated from what I understand so it could be just a marketing “money making” type pitch page with no substance behind it. If you already signup with the service, please keep me posted on your experience. Cheers! Mike

  75. Hi mike im from saudi arabia and want to ask which is the best platform to work with and if someone can actually make a living out of binary trading thank you and good work with the website

    1. Hi Karim, most brokers are available in Saudi Arabia, I have many friends from the middle east who trade binary options and there’s no access issues. The one thing I can recommend is that you go with a fully EU regulated broker. There are many unregulated brokers and some brokers are terrible to work with so I recommend looking at the reviews very carefully. If you find a broker with negative reviews or comments on forums, avoid trading with them. Topoption, OptionFair and CapitalOption are examples of regulated brands. I listed these brokers on my brokers page, Topoption is the most popular choice also because of the lower starting minimum of $100 instead of $200 as required by most brokers. Topoption Review Let me know if you have any questions and have a great week! Mike

  76. Hey Mike, 1st thanks for helping everyone. I’m trying to get your opinion on Binary Trading hack software and The Hidden Secret software. They both use Amber options which I’m checking to get your opinion on them too. I need an automatic software that really works. These 2 above are free. I’m just nervous about all the scams and actually I received a webinar for Binary trading hack for Jusin Coles Binary Power System. Why would you promote someone elses system? Please give me any help you can. Thanks a ton.

    1. Hi Mark, unfortunately this is a fraud system and a network of thieves based on the emails I’ve been receiving and some of the comments I’ve seen on forums, including my blog, checkout this comment from the 31st on this page – binary options scams and I can also email you some links of honest review on the BinaryHack software and it’s affiliated software and partnered brokers. They are all connected, Amber Option AKA Banc54 is not a regulated or licensed broker..they setup these fake signals services over night and spam the internet with fake offers. Hopefully you didn’t invest a lot of money with them. All the best and thank you for the kind feedback! Mike

    1. Hi Evelyn, they don’t seem to be getting any negative feedback on forums or from the emails I’ve been receiving from traders, however it’s also safe to go with a fully EU regulated broker. Ubinary is not regulated at this point and many brokers have proven to disappoint badly, I don’t mean to discourage you in anyway but if at any point you decide to register with a different broker, choose an EU regulated broker like Topoption, OptionFair or CapitalOption. In the broker review section I reviewed each of my recommended brokers individually and if you are trading from South Africa you are not restricted to join any of the EU regulated brokers. If you have any feedback or other questions, please update me if possible and you’re welcome to email me at Have a great week! Mike

    1. I know that TradeRush and Redwood Option are the same company but I never receive any emails from traders regarding any major issues with this broker. If you don’t mind, who is claiming that TradeRush is a scam? Either way, the safest way to trade is with a fully EU regulated broker like Topoption, Capitaloption or OptionFair, checkout the reviews. Cheers! Mike

  77. Thanks Mike! I’ll be sure to watch your next vid. Hoping to learn more about option bot and the settings that make it work well.

  78. Hi Mike
    I am a US based trader just getting into binary options and am looking for a broker that offers a demo account. Any suggestions
    great job on the site and I´m looking forward to learning more

    1. Hi Daniel, it’s not easy to find a demo account with one of the US Friendly brokers, usually they require you to fund your live account before you can trade on a demo, I personally trade with TitanTrade and GOptions right now. Checkout the US Binary Options Brokers section. Let me know if you have any other questions. Cheers! Mike

  79. Hello Mike!
    Saw you latest video about option bot trading. Was wondering to which broker did you use for trading with as you have mention you used 3 brokers? and hows the % ITM for option bot 2?

    1. Hi Jad, the current ITM for me is around %75-%80 it’s a great software. I can recommend Lbinary, BeeOptions, OptionFair, Topoption and TitanTrade these are all great brokers! I reviewed all 5 brokers (Broker Reviews). I plan to post a followup video on the Option Bot and go a little bit into the setting and brokers. Let me know if you have any other questions, I am also available at Cheers! Mike
      Option Bot Review

    1. Hello Alabi, thank you for the comment. Checkout the Profit in 60 Seconds review I posted on YouTube. Based on the feedback the video was getting you can reach the conclusion if you want to go that path. If you are looking for a reliable software, checkout the Option Bot 2 on my list of signals services. Instead of paying close to a $1000 you can buy is for a life-time license fee of $97. It’s a much better deal and the Option Bot 2 is getting great feedback. They have a working, responsive Live Chat and Phone support and its the most viral and accurate binary options software in my opinion. Cheers! Mike

  80. Hi Mike, hope you are well! Help me please with some info. about.. Banc De Binary?? Maybe you had some experience with them? I am from Cyprus, trying to get in this business.. no experience first time and i want very much to try this one.. but i did some research on the net.. and i found that people had problem with withdrawals… Many Thanks Mike!!

    1. Each broker has a different minimum per trade, you might want to go with a broker offering a $5 minimum trade instead of a broker that will require you to put at least $20-$25 on each trade.

  81. Hi There Mike

    Can you please help to give your review about AmberOptions broker. It seems that people are using Binary Power System to use this particular broker to receive signals and they can even automate the trade entry for you. Please also help to give your feedback on Binary Power System Thanks a lot.

    1. Hello Mansur, I just checked and is not CySEC regulated, they are also not listed on any binary options related sites and based on they have a very low ranking, indication not many people are trading with them. I would be cautious. Is this the only broker the signals service that you are considering to work with is offering you? What’s the name of the website for Binary Power System? Cheers! Mike

  82. Hi, today everything’s fine with trading, I think that now I got how it all works. So, the page refreshes on time, and balance too. Thanks for your tip.

  83. Hi Michael, I just registered at TopOption to make some money with binary options. So, I started with Currency (AUD/USD), selected Call with 10EUR and waited for the option to expire. I won, but I didn’t profit anything, although it said “80% payout”. So, I just got my 10EUR back, nothing more. What did I do wrong? How do I make profit from it?

    1. Hi Edgars, in cases where the asset expires exactly on the sale purchase price level you get your trade amount back, so you don’t lose or win, otherwise it seems unusual and I am not sure why this would happen, maybe there is a slight delay in displaying your new account balance and you should try refreshing the screen. Let me know if you are able to see your balance change on the next trades. Topoption is a great company by the way, fully EU regulated, they have a great support if you experience any technical issues. Cheers! Mike

  84. Hey Mike how are u. with option bot 2 should u trade with the signals or against them? And also wondering if there going to be in option bot 3?

    1. Hi Denny, I am a little bit indecisive about the Option Bot 2.. a few of my subscribers claim it’s been working for them. During the week I personally tried it, the Bot was only generating a break-even ITM rate so it was a little bit disappointing. I am definitely going to give it a try again if they come out with an improved version. I recently started testing Taurus Signals, it’s a live trading room and besides the low number of daily trades, it’s a profitable service, I added Taurus Signals on the list of signals services. If the trading hours work for you, I recommend checking it out. I also posted a new binary options strategy video on YouTube if you plan to trade solo, check it out!

    1. You Mean There are lot’s of bots out there. Based on I can see that the website gets lot’s of daily visitors and mostly from advertisements. One important questions is ‘which broker is the service affiliated with’? This is an auto trading solution and synced with the broker’s platform, which means that you will need to register with their affiliated broker in order to gain access to the software. If it’s a reliable broker, it won’t hurt to give it a try but I’ve yet to receive any feedback on this service. If you find out which broker they are connected with, let me know. Have a nice weekend! Mike

  85. i also use a

    i found this to be good for when i need a bigger time frame to see what the charts are doing.

  86. Hello. I was wondering when trading, is it advisable to set it at least for an hour before it expires? I heard setting it at 60 seconds is a bad idea.

    1. Hi Andy, 60 seconds is bad news, unless you are very familiar with price action! Price is extra volatile on short time-frames and it adds to the risk. Less predictable=More Risk. An hour window is much easier to work with and safer for your budget. Take into consideration that most brokers set a $10-$25 minimum per trade. If your starting budget is somewhere around $300, and you are trading $20 each few minutes, it would take a total of 15 trades over the course of 15 minutes to wipe out your account. I am hearing of cases where traders connect their account with an auto trading software, basically letting the software enter trades for you and end up burning out quickly. The best alternative is to trade smaller amounts, extend the expiry and give yourself time to go through a trial and error phase while experimenting with various strategies.

  87. Hello Mike, I asked some of my friends who has some knowledge about binary options and they told me to visit your site for some info, which I really found to be informative. And I’ve got to ask, I’ve been checking your most rated broker anyoption and toption. As seeing each unique feature they offer, in anyoption’s option plus I have to ask, in their demo video it showed that you can sell back with 40% profit while in the money. Is this always true? I mean as long as I’m in the money and I sell it back, will i always get a 40% profit? ’cause it would be really cool. 🙂

    1. Hi Mitch, when Anyoption was still available in the US, I worked with them exclusively. This was one of my favorite features, because even if you sell the option when it’s ‘out of the money’ you will still get up to %60 cash back! Selling the option before expiry will get you between %40-%60. It costs 50 cents each time you trade using the Option Plus, but it’s definitely worth it! Checkout my Anyoption Review

  88. thanks for the reply michael. i was wondering with all the other binary signals like profit for 60s ea binary & automated income app. i was wondering if they do work but you trade against the signals instead of trading with them, since everybody saying there scams?

    1. Trading against the signal won’t help because they are not deliberately trying to send opposite signals, I think that they’re randomly picking up or down instead of putting thought into each trade which means that on some days maybe they’ll get 6/10 right, some days they’ll get 3/10 right, either way, it’s not at all safe to follow 50 seconds profits and Automated Trading App, especially because these two services are affiliates with scam sites. I would recommend going with a legit signals service such as Updown Signals or Signal Feeds and if you are looking for an educational Live trading room, you can go with Binary Prestige, I listed all 3 services on the signals services section. Cheers! Mike

    1. Hi Denny, you know I was actually asking myself the same question yesterday because I noticed Asset Signals in the search results in the last couple of weeks, for keywords relating to ‘Binary Options Signals’. I am not familiar with the service but I can tell you one thing, they’re definitely doing a great SEO job at showing up at the 1st page of the search results. I honestly don’t know anything about them at this point but if anyone knows anything and would like to share, please do! I am waiting for some feedback. Cheers! Mike

  89. What do you think of they guarantee 98% profit with their software, when trading binary options. this is scam or not?

    1. Unfortunately Trade Expert is not a legit service. Any service offering %90+ ITM should be doubted in my opinion. I received a few complaints on Trade-Expert having to do with ‘money wire’ scam. They basically ask you to wire money to get this binary options calculator. I actually wrote an article and posted a video with a reference to the trading calculators and Trade-Expert, check it out High ITM? Binary Options Calculators

  90. dear mike
    mike..i am at u.a.e dubai…working full time…from 8am to 5pm…i need the which is sutable to for me to trade from here…please kindly tell me..which broker and signal i can use..with my budget..250usd…kindly help me…the best broker and best signals for me…so far i have not enter in any signals…and some brokers

    thanking you

  91. Hello Mike, I congratulate you for this website. As you know on Friday 12/6/13 the NonFarmers Payroll report is release, according to ADP reports job growth exceeds expectations. Which means the dollar will gain value. My plan is to do several 60 second “Put” trades right at 8:30 am Eastern when the report is released I’m hoping to catch a good downtrend. Have you ever done this, and do you recommend it? I will greatly appreciate your feedback. Thanks.

  92. hi mike i am planing to go with
    i want to know can they provide withdrawal with no limits
    have you heard any withdrawal problem with

    1. The problem is not with withdrawals with Marketsworld thankfully, the problem is with the Sh###y interface they offer. On Marketsworld you can only trade about 20 assets, it’s glitchy and slow. I don’t recommend Markets world. If you are looking for a free demo account, or a broker with a low minimum deposit, checkout my PowerOption Review. They are powered by Avatrade and one of the most reliable brokers around.

  93. hi guys, today i traded with 5$ calls and put options i won 9 out 10. each trade was 30 min or 15 minutes. my strategy as michael freeman search top of resistance peak or bottom support like, check history of 12 hours, 1 and 30 min to see the top or bottom in the past then place options , press cancel to see if you still have the best price , press buy call or put again and then decide to go or no go, hope it works as well for you as for me.

  94. Thank you Mike. I am a newbie and yet to start trading binary option in earnest. I would like to start with Topoption soon. Can I trade binary option as well as forex? Which is the best signal provider? Thank you for the good information you are providing through your website.

    1. Hi Dave, you can definitely trade currency pairs on a binary options platform. Checkout Signal Feeds and UpDown signals, both are my favorite and highest performing signals services. Here is the list I made consisting of popular services Binary Signals Topoption is a great choice by the way! If you didn’t register with them yet, Signal Feeds will give you a free trial for signing up via the their referral link for Topoption or any other brokers they are affiliated with. Updown signals will let you start with a $5 trial. Cheers! Mike

    2. By the way Dave, for Forex you can go with FXEmpire(dot)com they offer signals for $1/month at least last time I checked. They have expert analysts and it’s the biggest financial portal for Forex and Binary Options. The other services I mentioned are more suitable for binary options, less suitable for Forex.

  95. Hello Mike, I’ve heard rumors that social trading will soon be incorporated to binary option platforms, allowing the ability to copy elite traders. I was wondering how true this rumors are? or if you have any ideas with this feature? I think its the same as in forex but I’m not really sure.

    1. Hi there Jad, I also read an article on this topic, it could be that MarketPulse based platforms and eventually SpotOption will upgrade and integrate social trading by adding it as a feature to the current platforms they offer. It will be an interesting move, as soon as I hear more about it I will most likely announce it on my channel. Cheers! Mike

  96. Hi Mike,

    I am quite keen on binary options trading and have been going through your website and reading your articles and reviews.Perhaps you could recommend what would be the appropriate option broker for a newbie like me residing in Malaysia. Thank you and best regards Noorizan

    1. Hi Noorizan, Thank you for dropping a comment. For non US traders I tend to recommend Topoption as they are fully EU regulated and available world-wide, excluding US and Canada. Compared with Anyoption and 24Option which are also fully regulated, Topoption provides with the lowest minimum trade requirement of $10 instead of $25 with Anyoption and $20 with 24Option. I actually posted a video on my YouTube Channel comparing between Anyoption and Topoption, check it out.
      I also reviewed all 3 brokers on this blog and you can access the reviews on the review menu located on the right side. Let me know if you have any other questions. Cheers! Mike

  97. Hi Mike, I’m new to binary options and its a pleasure to be on this site. Great job as there is no other out there like this one. I’ve recently fell victim to a scam at UBINARY and would like everyone out there to know they should be very careful of this broker. I’m currently back and forth with my account manager who basically cannot do anything for me but just give me a run around. I cannot find any bad reviews about them and I hate to be the first, but they refuse to help me. I hope if there are others that they can come forward too and stop UBINARY from scamming people. Thank You.

  98. Hey Mike,

    I am very glad to have found your website and have watched many of your youtube video’s. Really honest and great advise. Thanks

    I have a question though. Regarding withdrawals. Let’s say one could make 100 thousand a week or a month etc. Would the broker still just pay it out? Are there brokers that you recommend or have experience with who pay big amounts?


    1. Hi Brendan, the EU regulated brokers Anyoption, 24Option and Topoption are the only companies you can trust with big numbers. Topoption for example is a subsidiary of and they have an investment turnover of $90,000,000/month, it’s not a small company. The bigger the company is the smoother the operation is, the withdrawal procedure is almost automated, they don’t have time to fight with customers who are looking for a withdrawal. I speak with many traders from around the world, and the “high rollers”, folks who deposit $50,000+ never risk their money with an over-night company. The “high rollers” in %90 of the cases signup with the EU regulated brokers. It’s too risky otherwise. GOptions is also growing and is trying to maintain a good reputation, but if you want to be %100 safe knowing that you will be able to take out substantial profit, make it a rule to trade only with the top 3 brokers. Trust me, these companies make a lot of money, they would never want to damage their reputation. If you scam traders for $200-$1000 you can almost get away with it, but companies like Global Trader 365…which is %100 scam, they are black-listed all over the internet, just the article I posted on them on my site gets me about 200 visitors per day. SEE: Global Trader Scam Review …..notice the comments below! It’s pretty scary.

  99. Hi Mike,
    Great and very informative site about binary options.
    I would like to sign up for signal feeds, but need more info about service. How they signals look like, expired times etc.
    Thank you in advance.
    Keep up great job!

    1. Hi Den, thank you for the feedback. I am sure they can provide you with a sample. Basically the signal will instruct you on how to execute a trade and it includes: Asset name, Current price, Prediction, Predicted Price Level and Estimated Time Left to Trade. It’s pretty straight forward. It comes in an email and/or SMS Alerts. It’s worth giving it a try especially if you trade during GMT and EST. Cheers! Mike

  100. Hi, Mike I would like to know if brokers will charge me everytime I do a trade and if there is any kind of interest with 24option, anyoption and gooptions?

    Thank you

    1. Hi there, there are no transaction of broker fees when you purchase binary options brokers you mentioned. Most brokers will charge you after the 1st free withdrawal anywhere between $25-$35 for a withdrawal. Also when you use certain features such as “Sell Now” or “Option+” they normally charge 50cents per transaction, and also for the “Roll-Over” feature they can take a %10 of your profit in exchange for “delaying the expiry” in case you are about to land “out of the money”, other than that, there are no fees associated with trading binary option. I recommend GOptions or RBoptions, both brokers offer same-day withdrawals.
      Checkout my RBOptions Review and GOptions Review. Cheers! Mike

  101. Dear Mike
    i like to trade bitcoin…i got a mail from justine app..
    he says to open redwood…minimum 200
    trade quicker minium 100 is enough.
    trading bitcoin..kindly give me suggesion regarding i can join in this or not…

    1. Hey Ashok, by rule I always avoid products and services that are solely operating on email campaigns. You have to ask yourself two questions. How did the company get you email? do they have a legitimate website? If the person is simply referring you to an affiliate link and not offering any proof or results or at least a website, chances are you will be disappointed. Redwood Option is a subsidiary company of Traderush, and I find no problems with this broker.. If you plan to register anyway, I guess you are not losing anything by giving it a shot. I am a little hesitant but would love to get some feedback from you if you try this service. I made a video on the topic you can checkout on “Phishing and Email Scams

    1. Hi There, I just researched on Alexa to figure out how much traffic their website is getting and how long ago they started operating. It seems like they are only about 1-2 months old, and their website is still fresh as they don’t get many visitors. If you go on and compare Sycamore Options with any of the popular brands you will notice they are relatively small at this time. I also researched on Google a little bit to see if there are any negative or positive reviews and at this time it’s too early to tell, I would definitely not invest my money with a brand new broker, especially with many of the brands turning out as a big disappointment.

  102. Hi Mike,

    After reading all the Q&A I have to say you’re doing a great service to all the struggling traders online especially all the newbies. I hope all the newbies find this site before start trading online. BRAVO buddy!!!!…

  103. Hi mike
    I’m new why this
    I’m using Citrade do not know why it was the first known
    I am in USA and now I Know they do not accept USA what that means to me??
    and Thanks for all the videos

  104. Hi Mike
    Thanks for your feed back of 20th Sept.2:14. It was helpful.

    One question, would you recommend a trader to place a trade immediately after reciving a signal? For example, should the trader develope the entry strategy at this point like price action? Most videos I have seen don’t mention anything

    1. This is a valid question. For this reason many services provide with an auto trading solution, preventing delays when receiving the signal. For services not using the auto trader, you must trade immediately after receiving a signal, otherwise in some cases even a few minutes can cost you the trade. For example if the signals service steps into a trade when the asset’s price is at it’s lowest resistant point, there’s no guarantee that 10 minutes later the price will stay at the same level or below the prediction level.

    1. Rollover is a feature that brokers use to allow traders to extend the expiry for a premium, the feature pops up in some cases when the trader is about to lose the trade. This gives you a 2nd chance to win by trading for, let’s say another hour.. and if you win the trade you will get less than the regular %70-%80 since you paid a premium to use the feature. It many cases it can save you a lot of money, but the feature is not necessarily good for beginners.. because you still need to use some judgment and sometimes the trend is wrong and even if you wait another hour you will still lose..

  105. Hello, since i already have an account from topoption will i still be able to apply for free trading signals from


  106. Hi Mike
    Amazing site you have!!
    Many Binary signal providers insist on signing up with their recommended brokers. What effect if any would it have on my trades if I sign up with a broker not recommended

    1. Thank you for the nice feedback. I know that this is the case with binary options products such as the Option Bot 2, even if you decide on the paid membership they will still try to push you to register with their recommended brokers so they can get a referral.. They claim that their auto trader will be “synced better” but I find it hard to believe.
      I would prefer to register with a service offering two options, paid or referral (free trial)..Many traders already have account and opening several accounts can only cause confusion from my experience. I never recommend working with more than 2 brokers and I’ve seen some services trying to get a trader to register with 3-4 accounts.

  107. Hi Mike,
    Just read your latest email the 3 B O myths.
    How true, and the more I read and learn the more I need to read and learn!!!

    1. Hey Carlo, thank you for the comment. I’ll be honest with you, it’s the first time I am hearing about Option Prime. I just ran a little check on and in comparison with popular binary options sites, Option Prime doesn’t get much online traffic, which indicates that they are either a new broker or not a very popular one. How did you find their site?

  108. Have you any advice on which expiry time to use when trading! I know it sounds like how long is a piece of string but I can’t workout what expiry time to use on the graphs I am viewing, any tips would be helpful………cheers

    1. Hey there, if you are looking for a safe expiry I recommend 60 minutes expiry or more. Some brokers will let you hold a trade for 30 days.. The longer you hold the asset for the easier it is to make a prediction based on market events, while trading on 5 minutes or 60 seconds expiry is known to be risky. Cheers! Mike

  109. Hi Mike! Do you have any opinion or comments about the “Signal Index” feature on the Goptions broker platform? Thanks.

    1. Hey there, thank you for the comment! I am actively trading with GOptions but I’ve never tried Signal Index. If you go with it definitely keep me posted on the performance I am curious to find if there’s potential in it. Cheers! Mike

  110. Hi Mike,
    I saw this email – “” on another website, is that you? I don’t want to bother you with the same question twice 🙂

  111. Hi mike
    I have a question.
    I’m trying to get the option bot software, they say that i need to do all the initial sign up to the binary options broker from inside the softwore, you think the personal info we provide to the broker from inside the option bot software is safe

    1. Hey Jerry, thank you for the comment. This procedure ensures that the Option Bot gets your referral when you register with your broker. I never heard of any cases of fraud or misuse of client’s information with the Option Bot but I do feel like it’s a bit too much that they require both a payment and your referral with a binary options broker. Good luck with the Bot! Regards, Mike

  112. pls, can you do a video on how to trade or navigate the meta trader 5 to trade stocks, metal and commodities. gain,how do you navigate this same trading platform to trade binary options you spoke about in one of your writings. thank very much

    1. Sure actually most traders are using MT4 but there are a few benefits with the Meta Trader 5 that are worth covering. Thanks for the feedback. I will get on it as soon as I can. Mike

  113. nice work. so which broker has minimal withdrawal fee and quick withdrawal process by your recommendation.

    1. Check out the GOptions Review they have the fastest withdrawal. They guarantee same-day withdrawal which is the fastest I’ve seen. Most brokers will take between 2-5 days minimum for the withdrawal. The 1st withdrawal is FREE every month , yet any additional withdrawal is at $25/Euro or whatever currency you set the account for, these fees are standard with most brokers. Just make sure you have one form of a government issued ID to confirm you are the depositor of the account. They will request this piece of information on your first withdrawal and again it’s standard with all brokers, it’s mostly done to prevent ID/account theft. Mike

  114. hello Mike

    I’ve done a lot of research about binary options. I also landed on your site and learned a lot of neat stuff. Thanks by the way, thumbs up for your site and blogs. There’s still one question I like to sort out which is how do binary options brokers make their money. Some sites and blogs mentioned that they make money when traders lose so basically your trading against the broker. I know anyoption is one the legit guys around, so i was wondering how does anyoption make their money? is it from the loses of the traders or they earn through other means?

    1. Hey Ken, thanks a lot for visiting my site, I really appreciate it and if you ever have any questions or you’re looking for additional resources on various topics relating to binary options, you can always visit my YouTube Channel ‘Michael Freeman’ or you can always email me at
      As for your question, the binary option is a contract between you and a broker, this contract doesn’t actually give you ownership over the asset you are trading, however you can choose the trade amount. Now if you lose your trade, the money goes back to the broker, and if you win the broker pays you, over all since most traders lose the broker gets the difference between the winners/losers naturally, the broker is also a financial organization similar to a bank, some brokers are owned by banks, and they make money from the investment pool and withdrawal fees which are very high with some brokers. Hopefully this makes sense and if you have any other questions don’t hesitate to email me or comment on my site. Mike

  115. Hi Michael, I’m fairly new at binary options meaning I have yet to invest any real money but have been practicing price action using my meta trader 4 charting platform and a free demo account at Marketsworld for about a month now. I personally have found that Marketsworld manipulates expiry times even with my demo account? I live in the USA and will be looking for a broker to sign up with. I have herd bad reviews about XP markets but good things about Optimarkets. Could you look into them and let your subsribers know what you think? Thanks, and keep up the good work! Ron

    1. Hello Ron, thank you for the nice feedback. The few complaints I’ve been getting regarding Markets World are usually associated with withdrawal delayed and the slow interface, mostly due to so many traders using the servers for demo purpose which slows down the entire platforms for serious traders. I recommend not using Markets World specifically for this reason. If you are looking for a broker with full access to US Traders, relatively lower minimum of $100 instead of $200+ and same-day withdrawals I recommend checking out my GOptions Review and I also included a YouTube Video for them, they are my top choice for US Traders as some brands are proving less reliable such as XPMarkets and Cedar, I definitely recommend looking into GOptions and if you have any questions about binary options or anything else don’t hesitate to email me at Thanks for the nice comment and good luck with your trades! Mike

  116. Hi mike!

    you have an awesome site! I got a question for you.. Have you seen the GERMAN BANKER SECRET videos on youtube?? what dou you think about it?
    is this a good idea or just a scam? would be great if you make a post in your site about this one!


    1. I checked it out and it doesn’t look like a serious money making opt, there are so many Money Making Systems but online trading doesn’t go in the same category with these type of money making systems. Let me know if ended up using it and what you experience was like with it but I normally wouldn’t recommend these types of “pitch Page” money systems. Mike

    1. It’s on the way. I plan to review 24option really soon I already made a video review on them on my YouTube Channel but I will definitely add one on this site as well. Thanks for the comment Rohan. Mike

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