Let me guess, you just recently watched a youtube video about ways to easily generate income and the video uses a options broker called Cedar Finance (www.cedarfinance.com).
The video speaker showed you how quickly he turned $100 into $250 within 60 seconds trading the 60 2nd binary alternatives on CedarFinance.
The concept of making a hundred dollars a minute is very darn great, unless you are Bill Gates. After watching the video you wanted to see if it is legit.
Can you really easily earn money binary trading at Cedar Finance. Legit, scam or what?
Cedar Finance Broker Review – Legit or Scam?
Let me be clear. We are not stating that CedarFinance.com is a scam. This page is not claiming that they are a fraud or proclaiming that they are legit and honest. We do not know in any case as we have actually not traded binary alternatives there, nor done enough research into the business.
We have actually seen a boat load of youtube videos including CedarFinance and how easy it is to be profitable trading binary options there. Specifically we are talking about the 60 2nd videos declaring simply trade with the other traders and easily earn money.
You might have seen it, but it was the youtube video you watched where the trader revealed that you need to do is to bet with most of other traders and earn money which it works a lot of the time.
Video’s like this give binary options a bad rep. They give you false information on how trading actually works and these kind of videos won’t you make money… You will be in a ton of debt lol.
It’s not Cedar Finance that is the fraud, they effectively may be legit (we do not know, we have not traded there ourselves. It’s the claim made in the youtube videos that all you have to do is trade with the exact same direction as the other traders, by looking at the present viewpoint of traders.
60 Second Binary Trading Good in Cedar Finance
Yes, binary options trading in and of itself is official and legal. And yes, 60 2nd binary options do exist and they are growing in popularity. Specifically among bettors and smart risk takers who such as the fast action that one minute binaries permit.
What is not legit are the youtube videos stating that anyone and everybody can quickly, quickly and practically risk free make a lot of cash quick.
That you can stick it to the ‘rich banksters’ simply by doing anything a monkey could do.
Look, it holds true you can make a lot of cash quickly trading binary choices.
Nevertheless you can lose a great deal of money quickly also and there is lots of risk involved. Even with the risk being restricted and known up front, which is among the factors traders think about binary alternatives safe there is still lots of risk included.
You can trade binary options the correct way, properly. You can also trade binary options the wrong way and that is following the rip-off claims of the CedarFinance you tube 60 second trading method videos that say all you have to do is make your trade in the exact same direction as most of other traders utilizing something they call the traders choice. This is a representation of exactly what the other traders are performing in this trade now.
Cedar Finance Rip-off Youtube Videos
We do not know this for certain, however let’s take a minute to consider what may be going on there with these youtube videos appearing for numerous binary options keyword searches in google.
The most likely scenario is that an affiliate created these videos. This affiliate is trying to tempt individuals who are searching for a quick method to make a dollar into making a deposit at Cedar Finance…
The affiliate might have a ‘earnings share’ affiliate account. The way the earnings share affiliate accounts work at binary alternatives brokers is that the affiliate makes money when the trader (you) lose trades. That’s right, rev share affiliates make their money by you losing yours! That’s one factor we never ever do rev share affiliate offers, just 1 time ‘Certified Public Accountant’ or ‘Expense Per Acquisition’ payments, since we desire you to win!.
So this affiliate discovers an easy way to technique encourage people to attempt binary options trading. The video makes it look really, actually simple. And to be truthful, it is that easy and you can make that much money quick with binaries. However just by trading with the majority traders choice is a recipe for failure. You can not and will not win big money doing this.
The affiliate gets you to register, knowing complete well that you are most likely to blow your account. The affiliate is most likely to make 30-40 % of everything you lose.
The reverse is likewise real. If you are victorious, the affiliate loses.
So, let me ask you, do you think this type of affiliate desires you to be victorious or lose? Are they going to show you an approach that is most likely to work or most likely to fail?
Again, that’s why we are CPA affiliates which pay us a 1 time fee for introducing you to the broker. We desire you to win!
Watch out for these Cedar Finance Affiliate videos
Oh! Oh! Who could make an income if they didn’t know this “Top Secret Binary Option Secret” LOL!
Where should you Trade Binary Options?
Find a trusted broker that you feel comfy with.
You can see a growing list of brokers on our web page and check out to each of the testimonials. You can see comments, scores and reviews left by our editorial staff as well as real traders. The remarks are un-censored aside from spam.
Among our preferred brokers that provides 60 second choices is TradeRush. We’ve regularly been on the lookout for traderush complaints, but they are VERY low. We have been using them for a while and they always paid us on time and we highly recommend them.
I hope you enjoyed this Cedar Finance Broker review and I hope after read this blog post that you will stay away from those hypy scammy videos.
We are tired of people getting ripped off because of affiliates like those in the you tube videos…
To make a career out of options trading, you must be patient, responsible and only trade 5-10% of your account and build your way up.
-Jesse Singh & Sean Agnew