As soon as you opened your account and entered your telephone number,
within some minutes a person from that Binary broker calls you.
You are at home minding your own business when a phone rings. A guy from Binary
company is calling you to present you with an amazing investment opportunity.
He is asking you to deposit as little as YY amount of money to earn huge
returns as high as 80% or even more. This sounds interesting so you say “tell
me more”. Within this call in most cases the customer will receive information
that is mostly unrealistic with the aim to tempt to invest more in this
business and more close to the scam binary options promises.
There is another problem with
this, the binary broker representative has your phone number and you have no
idea as you have account form them or even it is possible that they are not
your own broker but has got your number from a scam broker but it does not
differ.
The Binary Option adviser from the other side of the line tries to convince
you that there is a very rear and fantastic trading opportunity in their
company and as soon as you deposit several thousand you get reach faster. They
give you ample of information about trading market and how this or that
currency or commodity price will decrease and increase within next hours and if
you do not decide right now you will miss the opportunity.. As all other people
that time to time call to your number they just try to sell you something and
take your money and as soon as it happened they forget you.
The same thing happens with other products so it may not ring alarm.
However, the same binary options scam happens with e-mails. This is something
that is not always shared in public directories as the phone number.
Sometimes they even go further by using the data and calling the customers
as if they already made a decision to deposit. In case the person is reluctant,
they simply use simple manipulating techniques and make trader think less of
himself as they wonder why is he unable or unready to grab this amazing
opportunity. Somehow they are good in Psychology but certainly not in forex
trading
You have several situations where you receive calls from these guys.
The easiest one is to listen to them and do whatever they want and easily
put your money in a big risk, but the smart one is to do not let them to go so
far and tell that you will put all information together and after enough investigation
will decide what to do and probably this will make them angry and you can find
it from their reflex.
Normally the first question that they ask you is why to want to trade in
Binary and may ask about your family and financial situation to find something
to be able to manipulate it and reach to their target and in this situation your
answer should be very smart.
Never tell that you are going to make big money. Tell that you just want to
experience it and later will decide to continue or no and you have not too much
savings to invest in this business.
If they convinced that you have not big money then start to reduce the
amount and finally if you resist they will give up.
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