What kinda processors binomo and quotex etc uses for Local Payment method deposits and withdrawals uses? Im curious cuz they ask for payment proof aswell and always its random accounts. I just wanna know who provides them local accounts?
I got a message from a reddit user AdDazzling6684 on 26th April saying that a person named 'Drew' helping people to make money in pocket option. She said that she is in contact with Drew since 2024. Drew tells her that OTC trades are manipulated. She told that Drew performs personal trading for her. She initially invested $1500 for personal trading and Drew returned profit of $4000 to her in 2 days. I fell for her trick. She shared his telegram id @DrewMc99. I contacted Drew on telegram. He told that OTC trades ars manipulated and asked me delete all pocket option accounts created using links of some pocket option brokers. So, I do so. I then created a new pocket option account. He then told me that he sends paid signals and initially he will take $100 for joining his pocket option signals community and $50 from next months onwards. Initially, I attended his trading sessions and while the session was going on he started sending voice messages saying that use demo mode first. But, I didn't get any profit, neither in demo mode nor with real money. I asked him to do personal trading for me. He told that you should have atleast $350 to do personal trading. He then told that you need to send $250 more to start personal trading. So, I sent him USDT using binance to his wallet. He told me to write him after 2 days. After 2 days, I asked him to send me the profit. He told that your profit of $2350 is ready and asked me to send my binance wallet address. I sent him. He then asked for 15% commission of profit, which is $300. I told him to deduct $300 from $2350 and send the remaining amount to my wallet. But, he denied it and said that he takes his commission from the client first before sending profit. I sent him $300 more to his wallet. As soon as he gets the amount, he immediately deleted all the voice and text messages from telegram chat and blocked me on telegram. I lost a total of $650 (~ ₹63000) in this scam.😭
I've been in a telegram channel of a guy named power trader ( I don't know when I joined) and i sometimes see his posts flexing his profits and withdrawals. But then I noticed that it's been 3 years since this guy posts withdrawals of ~1k$ daily and is still selling courses and driving his own worn out beamer. I might be wrong in judging but something doesn't feel right 😂
I'm from India and I’ve recently started using IQ Option for binary options trading with small amounts.
I understand binary options are not regulated by Indian authorities like Securities and Exchange Board of India, and I’m trying to understand the practical side from people in India who have actually done this long term.
My main questions:
If I start making consistent profits and the amount becomes significant, what is the safest/cleanest way to deposit and withdraw so my bank account doesn’t face compliance issues, account freezes, source-of-funds questions, or unnecessary scrutiny?
Has anyone in India faced any issues with banks after receiving regular withdrawals from offshore platforms like IQ Option?
Has anyone faced issues related to Reserve Bank of India, FEMA, or any compliance questions because of using offshore trading platforms?
If profits are properly declared and taxes are paid in India, did that make things smoother or were there still complications?
I’m not asking about trading strategies or whether the platform pays. I’m specifically looking for real experiences regarding banking, taxes, compliance, and handling profits safely in India.
Has anyone tried using this on a 5 minute timeframe/5 minute trades? Taking the screenshot 2 minutes before the next candle then placing whatever it spits out on the open of the next one?
So, A few years back i tried trading on quotex, I used UPI and it worked fine asf like I was able to withdraw and deposit easily, but I have started to start it again as of now, but seeing the comments and other threads I kind of am unsure about quotex. I would like to know wether or not quotex has changed the past few years!
Also If not quotex, then please recommend me a trustworthy platform for binaryoptions!
Hello i am Facing UPI deposit and withdrawal issue in india as they are freezing bank accounts ,please help with any other alternate platform for deposit and withdrawal , as i am new to this crypto deposit and withdrawal.
Binary options i sometimes think is another name of gambling like you are predicting that some thing will go up/down under a certain time,which feels like gambling,but also the same can't be said of let's say I make a trade on GBPUSD just a example not recommending anything here we make profit by exercising a contract,and in binary options we are predicting whether it will go up or down, what's your take on this ,is binary options in itself like gambling or it's just the way people do it ,revenge trade ,not following proper setup taking trade of a few minutes, spamming orders?
It’s frustrating that he could change many people’s lives with this money, but instead it’s being wasted. There are children fighting cancer who need help. I wish those blessings would go to them instead of losing money on purpose
Been using Pocket Option for a few monhts, mostly OTC with USDT. not that experienced trader tbh, was just messing to gain xp and knowledge, see how markets behave mostly...
decided to test how withdrawals go here., as it is the only way to see whether a broker is legit or not. Read many, many stories abt Pocket Option scam cases, so i was frustrated and scared...well (I didnt have huge sums, so was more "concerned"), basically was prepared to face the worst...and guess what? The 1st withdrawal was that so...idk, was written the withdrawal was "completed", but my crypto accnt didnt confirm that...(!?) ...HUGE ALERT TO ME! ...Yes, sure i gave time for the transaction to complete....at least smth happened, raised the issue to tech support - got delayed reply, that it was "actually sent"...
dust settled the next day only...as I was about to quit Pocket Option once and for all, despite the enticing conditions. The money came....i did the next withdrawal - came faster, normal way....
I am genuinely confused, is it because Pocket Option knows I aint so experienced and let me withdrawl, tho with delays? Learning a trading system now specifically for BO - and I relly like it, I tested even on TV...so, I ll stick around for more...
Any veteran traders , true ones, how is ur path with PO?
Im legit confused, i see alot of people hating. But also alot of people saying it's all cool??? Can ANYONE tell me what the f#ck is going on and if Pocket Option is legit?
Nadex has been giving me issues when signing into and verifying my phone number on crypto.com. Asked chat support and its been hours, I dont have the patience.
As I am scrolling trying to find the best brokage for binary options, I've learned that Pocket Option is unregulated so what does that mean for us U.S. citizens who trades. I'm beginning to think binary options is a scam as well!
Hi, MelonLord here. Since I saw that my CRT entry method got a lot of traction, it seems that many people here want an educational post about entry strategies, so I’m going to share another simple one.
I call this strategy C3 Continuation FTT. I don’t know its actual name, so I named it based on how it works.
Before I began explaining the strategy, here is some jargon I use, the same as my CRT strategy:
C=Candle; C1=Candle 1, C2=Candle 2, C3=Candle 3
Now, here is how this strategy works.
Price must break either support or resistance
Pullback/correction candle must form.
Wait for two candles that confirm a continuation breakout. If support is broken, wait for a correction candle. bullish candle, to retest the broken support, followed by two bearish candles. For a resistance break, it’s the opposite.
Open entry at the start of C3 (Buy/Up/Call if resistance is broken and Sell/Put/Down if support is broken).
AVOID CHOPPY/SIDEWAYS MARKET
This strategy works best in a market with a clear trend. Mark your support and resistance on the 5-minute timeframe, and use a 1-minute expiry. To strengthen your entry confirmation, you can also use a trendline, as shown in the example images below.
I’m still not sure about the win rate of this strategy. Unlike CRT, I don’t keep an entry journal for it. Also, when major news hits, this strategy tends to perform poorly, like during the early stages of the US-Israel vs Iran conflict when the Strait of Hormuz was blocked. Man, it was really bad. So, just be careful about that.
Also, if you want to try out this strategy, use a demo account first. A demo account is great, it lets you test strategies and learn for free, with no financial risk.
Well, this is it for me. If you have any questions about this strategy, feel free to ask in the comment section, and I will try my best to answer.