Binary Options Bonuses

Just wanted to talk about Binary Options Bonuses before I forget.

They are all very similar in how they work. You make a deposit when opening your Binary Options account and then they match that with say a 50% Bonus. So say you opened your account with $500, then they would offer you a $250 Bonus.

Well that's very nice of them.....Free money!

But you need to be aware of the terms and conditions (the small print!!)

You will need to fulfil a certain amount of trading volume, before you can withdraw any funds, is the general small print.

So in the above example, your $500 is now $750, but before you can make a withdrawal you might need to make trades to the tune of 20x that volume.  So in the above example, you would need to make trades to the tune of $15 000 before you can even make a withdrawal!

On some platforms it is even 30x or 40x the volume. So make sure that you know what you are agreeing to before you take a Bonus.

I personally DO NOT RECOMMEND that you take any Bonuses Offered. Ever.

Update Update 16th March 2017

CySec which is the Cyprus Securities and Exchange Commission has banned all CySec Regulated binary options brokers from offering Bonuses,

If your broker is CySec regulated and they are offering you a bonus, then they are breaking the law.

Here is the notice: