Binary Options call centers- THE TRUTH behind the voice over the phone

Each and every person that registers with a Binary Option company becomes a lead. 

What does a lead mean?

What it means is that the moment you register with one of these companies you become a commodity that costs and worth money.

As I mentioned before, you becoming a lead, costs the Binary Options company you registered with anywhere between 200-500 dollars ONCE you DEPOSITED. Meaning, they pay the affiliate/promoter before you even touched or started "trading".

In the past year the cost of each lead has increased (more into the $500 range) due to the amount of competition and amount of new Binary Options companies being opened daily. OVER 150 so called "brokers" in the past year! Ask your selves why there is ONLY ONE LICENSED BROKER IN THE STATES.

Once your details are worth so much, you can imagine to what lengths these companies will go to in order to make sure they make a return on their buck. 

I'm sure many have you experienced a phone call from a Binary Options company in close proximity to your registration (sometimes within less than 5 minutes...).

This person calling you will usually be very nice (many times with an accent but not always) and will encourage you to deposit funds in order to make a secondary income or a great return on your investment.

They will introduce themselves as "Account managers" or "Market analysts" or a "Broker" or some other very impressive title and ask if you have experience "Trading". They will sound like they know what they're talking about and will often tell you they have years of experience in trading and that if you listen to what they tell you, you will make a fortune and can quit your day job and live happily ever after.

THE TRUTH behind that call....

Binary Options companies own call centers. In these call centers you WILL NOT find any brokers or licensed consultants. What you will find is SALES AGENTS. 

These call centers will hire young and energetic sales people and will train them on how to get the absolute maximum from each person that registers and each person that deposits money in to the platform.

As most new clients that invest in Binary Options are novice it is easy for a sales agent to sounds "more" professional and trick the client.

Learning FOREX and Binary Options terminology is very simple.

These SALES AGENTS work on commissions and do not "make money when you make money" or some other nonsense. They make bonuses based on how much they can get from you and how much you LOSE eventually as the company only profits when you lose. As friendly and professional as they may sound they are ONLY sales people.

In fact, every single person you ever spoke with when you contacted a Binary Options company is using ALIAS and is lying regarding who they are where they are from as well as their personal history(Stone/Black/White/Gold/Grey/Moore/Richards/Phillips and many more Generic easy to remember names-sounds familiar??).

There is no "head of corporate division" or "CEO" it's all FAKE to make it sound impressive and have you put in more and more money for them to take.

I would urge you to test what I'm saying and simply ask for the name of the CEO of the company (You would think a broker working for an international firm would know the answer to that question quickly). Most often than none you will hear the sales agent stutter as no one ever instructed him on how to lie about that question. Of course if you did eventually receive a name if you Google it you will that person to be non-existing.

These companies work and corporately structured exactly like any other telemarketing call center.

One team lures you in while the other team milks you dry.

The luring departments goal is to have you deposit ANY amount into your account, the higher the deposit amount will be, the more "benefits" you will get...(and the higher the Bonus the sales agent will get).

Once you put some cash in your account they will need to make sure they make the most out of your account, so they'll keep calling you to "help" and on the way tell you why you should "invest" more and more funds into your account.

The milking team is usually a more trained team with more experienced and slick agents. They are TRAINED to create a relationship with you and to command your trust in order milk you dry on the road to "teaching" you how to make money.

Trust me when I say it will always be "YOUR FAULT" when you LOSE and "why didn't you listen to me?", "Let's put another 10k and ill help you get all that money and more".

IT IS ALL LIES.  

If you are one of the tens of thousands of victims to this fraud I know it's a hard pill to swallow. Knowing that your hard earned money is gone...

I will do my best to expose even more details regarding how to get to the true owners of these companies and bring them to JUSTICE.  

On my next Blog I will give you ways to track down the true owners of these companies. 

Please help me spread the word throughout your trading communities and by subscribing to my blog. 

Sec(Securities and Exchange Commision)- Binary Options are Fraud

Sec on Binary Options

Are Binary Options a scam?

Are binary options fraud?

Is trading Binary Options Legal?

Click the link above for the truth

Binary Options easy made Cyprus Companies and Money Laundering.

As you may have found out already, most offshore companies claim to operate out of Cyprus. When you ask their representatives why that is, they will tell you it's for "Tax Reasons". 

What they don't tell you is that Cyprus and many other so called "Tax Shelters" allow ANYONE to open a company and remain completely anonymous. Try Googeling "open a company in Cyprus" and see what you get. 

You can find countless companies that will offer you fake directors and shareholders in order to conceal the true identity of the real owner of the company. 

These fake directors and shareholders pre-sign their rights of ownership and management to the true unknown owner of the company (they leave the date empty). So In fact you have no way of getting to the true owner of the company.

Once they have opened the company, they can open bank accounts and credit cards under the company name ANYWHERE in the world in order to receive your funds.

In most cases the brand name you see when opening your account in a "binary options firm" is completely FAKE and in fact there is no registered company under that name.

Some examples you can find very easily on Google: 

All of the above can be done ONLINE ! 

As a company owner in Cyprus you are not obligated to OPERATE FROM WITHIN CYPRUS! 

All you need to do is to hire a secretary service through the company that opened the company for you and they'll forward your mail to where ever you want it to go. 

In fact you can sometime find separate Binary Options companies with the same address in Cyprus. This is also true in regards to the toll free phone numbers you call the companies with. You can purchase a Toll Free number and direct callers to anywhere you would like in the world.

Once you know how these companies operate don't fool yourselves into thinking that "some" are good and others are bad. When you deposit money into a Binary Options company you are sending funds to an UNKNOWN ENTITY with an UNKNOWN owner and you become completely dependent on their goodwill in order to get your funds back. 

My next post will tell you exactly why Binary Options representatives start stuttering when you ask them for the name of the CEO of their company...

The things no one will tell you about Binary Options

How do Binary Options companies make money?

Binary Options companies make money when you LOSE money.

They DO NOT make money out of trading volume or commissions or any other nonsense you will get from their sales people or affiliates(an affiliate is a site owner or a promoter that receives anywhere between $200-500 to get YOU to deposit with THEM-yes, yes all those positive site reviews...). 

The ONLY way Binary Options companies make money is when you LOSE yours. 

They take advantage of the bad economy and the fact that people will always try to find ways to make an extra income and they sell you pipe dreams of ridiculous profits and push you into a rigged game.

NO trades go out to the market! NO trades go out to the market! I find a need to repeat this to make it clear.

They are NOT Investment Firms, Brokers or Banks. You are playing on their field on their terms EXACTLY how you would when you play in a CASINO. The only difference is at least in the casino you know what odds are stacked against you. 

Let me tell you how it's done:

Each client is assigned a Risk Management status, this risk status we'll determent how much of a hidden spread they'll put on your account, they fix your entry rate in accordance to the "trade" you want to place, all in order to make sure you get the WORST conditions for your so called "trade".

You will never trade real market data; it will ALWAYS be manipulated-FROM DAY 1. The more bets you open the higher trading volume you produce the higher their margin on the price will be.  Some of them can even manipulate the spread in your favor to get you thinking you have a winning chance...Only to laugh end gloat while you go broke.

Every withdraw you make is painful for them as you take money right out of their pockets. They will do everything/anything in their power to delay/postpone or simply NOT GIVE A FUCK about you getting paid. 

This is my first blog post. I will continue writing and exposing these fraudulent companies for what they really are. 

Please feel free to comment and ask questions I'll try to answer as best as I can, more articles will follow soon...

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