Binary Options trading is a financial option in which the return is either a fixed monetary amount or
nothing at all. The simplicity of the trading makes it attractive to individuals who have no trading
experience, which leads to fraudulent brokers setting up shops with the intention of defrauding their
clients.
There are only two types of binary options; the first is a cash-or-nothing option, and the other pays a
fixed amount of cash if it stops in profit. The second is an asset-or-nothing option that will pay the
underlying security value.
The forex market is the world’s largest trading market, open 24 hours a day. With constant price
fluctuations, this market can make people and companies lots of money. While it is a legitimate trading platform, there is no regulated exchange, allowing scammers to take advantage of the situation and the inexperienced traders that are a part of the market.
First Options Recovery has a team of specialist lawyers specialized in Forex fraud and Binary Options trading litigation. We assist traders in civil and criminal actions against unregulated forex companies, online internet fraudsters, and pyramid schemes.
