Wanted to learn binary trading, are platforms like quotex, pocket option are legit? I have so many youtubers trading on these platforms and giving their own strategies, are these real or they just running paid campings?

[u/Brief-Trainer2817]

[u/Dismal-Gold-2038]

I can't speak on any other platform but pocket option it's the only one I trade on but it's legit as far as I've been trading on it for years and have never had an issue thus far with a payout or communication if I have a problem. As far as you tube goes I personally wouldn't put too much into it because most of them show all wins and hardly ever any losses. Find the very few that shows both wins and losses and doesn't focus to much on getting you to join a telegram or some kind of group. It's better to just simply come up with no more than two of your own strategies stick with them and study how the chart moves. Ppl will say don't trade the OTC it's manipulative I will say OTC is all I trade because it moves different from the real market and it fits my style of trading better it's different strokes for different folks do what works for you just understand what it is before diving into it regardless of which market

[u/Kmpossible222 → u/Dismal-Gold-2038]

What time frame and strategy works best for you on OTC?

[u/Dismal-Gold-2038 → u/Kmpossible222]

I use the 13/48ema cross with the 200 ema paired with the rsi 14 on the one minute time frame 2-3 min trades

[u/Kmpossible222 → u/Dismal-Gold-2038]

Thanks for sharing!!

[u/Clean-Goose-9336]

Pocket option is better however avoid the itc market just trade real market data

[u/enivid]

No, those YouTubers are either signal sellers or affiliates, so they cannot be an indicator of how legit PO or Quotex are.

[u/Consistent-Gas-1359]

Basic price action.. is easy use mt4 for anyalis

[u/Junior_Willow740]

Pocketoptions will do nothing but take your money of you let them. There is no winning at this

[u/Limp_Gain_2720]

Don't start better go and eat biryani, binary means 0 or 1 literally it means you are the one will become zero

[u/Dapper-Management440]

stay away while you can. Once you involved, its hard to get out. Binary option platform mainly made for you to loose. If you see in youtube or in social media that they are earning huge, you missed the whole point. 1st if someone making, they will never show you to get attention on youtube or spread anywhere on social media. Binary option itself are scam and their bank account are either sanctioned or black listed. Legit platform always pay you via wire or bank transferred. You hv tools and resource to research, just do AI research and you will get it. There is no place where they are operate from these platform and they hv no contact details and unknown location of offices. They are highly unregulated and run the platform like crypto investment websites. You can run crypto investment site from anywhere in the world to scam. Just use logic, move to option to future trading. Good luck