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this video includes real investors who are defrauded by a binary options trading scam welcome to part 1 of our series the truth behind binary options fraud I didnt really know what binary options were I had heard of him but I didnt know what it was about online it was the latest craze and everybody was talking about it I thought that well you know for 300 bucks I could get involved it wasnt gonna be a lot of money the assumption was made by me that these guys were on the up-and-up it was all just a made-up scheme to actually defraud the investor binary options trading is a yes/no proposition you choose a position based on your prediction about market conditions depending on the outcome you either receive a payoff or lose money unlike other options there are no shareist exercise like many investments binary options can be a risky form of trading but not all binary options trading is fraudulent they can be legally traded on regulated exchanges in the United States but there are many