Binary.com bot works against you?

Hi everyone,

Is this true the Binary.com authority has a bot or system that detects your bots or program techniques and works against it. So even if you start making money at the beginning but at the end you will lose it all.

It detects the user made bots calculation and works against it later on!

Comments

  • edited May 18

    Hi Sarder,

    Not sure where you hear such news from, but I assure you that this is definitely not the case at all.

    Binary.com is a licensed and regulated trading platform that serves over 1M customers globally. We hold multiple licenses to comply with regulations around the world. Been around since 1999, we’ve served our clients with a constant and unwavering commitment to integrity and reliability. We always hold ourselves to the highest ethical standards, in addition to our regulatory requirements.

    The clients who trade with binary.com has the power in their hands, as they’ll know the risk and potential reward before they even purchase a contract and we have no way of controlling the financial markets that will have any influence or impact on our client trades (winning or losing).

    I always believe that it is better to hear from the horse's mouth. In our shop we have sellers internationally that have built their bots using our open source codes / products such as our websocket API, and have buyers and users from all over the world using their apps to trade on the binary.com platform, so feel free to reach out to any of them individually (their contact is at the bottom of their product page) to confirm these facts.

    https://shop.binary.com/collections/bots
    https://shop.binary.com/collections/applications

    Or you can reach out to me directly at bomaffiliates-karen via Skype or email my team at marketing@binary.com and we will be more than happy to answer all the questions you have.

  • Hi sarder, i know how u feel.
    this is when my bot purchase fall.

    what funny is, its as if the price goes up just to avoid my purchase since its goes down right on the next tick. lol.
    but no, i doubt that there is such a system that detect our bots (i dont see how they can get information of our bot). If they want to cheat, they dont need to detect our bot. They only need to make the price up when ppl purchase rise and vice versa. that way, no matter ppl use bot or manually trade, the price will always go against them.
    after some tests, i found that my strategy (bot) isnt good enough. thats was the cause of my loses (its virtual account though. lol)
    well, i doubt they are cheating and im agree with karenyap.

  • Thanks

  • @Sarder.

    I do not really think Binary.com lies on the contracts. Basically they adjust the payout balancing the number of bets in one direction with the number of bets in the other. At the end they will have a profit by losers. What you have to do is forecast the direction better than others and they won't care you are a winner because many others are losers.
    The problem is that many people are losers and instead of looking at their failing strategies, it is easier for them to point the finger on the broker.
    Binary.com is regulated and doesn't need to cheat...losers lose by themselves without any help on this. Sad to say but dramatically true.

    Alessandro.

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