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Topic: Binary Trading platforms aren't 100% fair (Read 500 times)

sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
November 28, 2019, 04:34:34 PM
#62
brokers who are more focused on binary systems always exaggerate their ads with huge profits in just one day, this is also often expressed by their community on a regular basis. Maybe it's true that they are suitable and the benefits are in line with their expectations. But actually the system often makes them lose, this is more like a home / edge system on a gambling platform, the system is always more profitable compared to its users.
full member
Activity: 1330
Merit: 147
November 28, 2019, 08:57:16 AM
#61
Yes binary trading platforms are manipulated and also misleaded by their lucrative advertisements like double profits inn few hours which may be possible but not possible for every individual trading there so real trader won't give shit to the binary trading platforms only who believes their luck will use them but in long run they will lose more than like betting.

thats also what i notice . thier ads seems to be fishy because they always insist that you can get easy profit after you use thier platform  but idk , maybe some platform dont advertise like that  ?  and what if they are only doing that for the sake of getting enough costumers to trade on their platform  .  fair or not fair , until now im still confused trading on them while on my first few days on crypto trading , i can easily understand its mechanics  . i guess ill going to stick with cryptos
I have fallen to this trap a year ago, it was caused by youtube channel. Their ads are really promising, you only need $10 to get $100 in an hour and you can double it in next hours. In the youtube channel you will a bunch of youtube who will make have more interest to this place.

Most of them only use scalping strategy which I think it is not a trading, but most the way it seems like a gambling place. It is different when you have money and you spend them oon forex or crypto, you will need several times even one day to see your money gone when your prediction went wrong, but you only need several minutes to make your money gone on this way.
full member
Activity: 1750
Merit: 118
November 28, 2019, 06:36:37 AM
#60
Yes binary trading platforms are manipulated and also misleaded by their lucrative advertisements like double profits inn few hours which may be possible but not possible for every individual trading there so real trader won't give shit to the binary trading platforms only who believes their luck will use them but in long run they will lose more than like betting.

thats also what i notice . thier ads seems to be fishy because they always insist that you can get easy profit after you use thier platform  but idk , maybe some platform dont advertise like that  ?  and what if they are only doing that for the sake of getting enough costumers to trade on their platform  .  fair or not fair , until now im still confused trading on them while on my first few days on crypto trading , i can easily understand its mechanics  . i guess ill going to stick with cryptos
legendary
Activity: 2982
Merit: 1028
November 28, 2019, 04:09:03 AM
#59
Of course, all platforms that offer you earnings should always earn too. Therefore, you should always take this into consideration before trading anywhere else.
It's business there's always portions for the owner to earn out from the platform, Binary trading mostly brings profits to the owner if traders able to gain
money they will keep coming back and lose it after. Binary trading wanted participants to keep winning so they can keep coming back and get addicted
to the game and for sure the next thing to happen will be favorable to the platform itself.
hero member
Activity: 1498
Merit: 785
November 27, 2019, 09:49:37 PM
#58
All exchanges used have different fee terms. some are cheap and some are expensive. Fees include fees for trading and fees for withdrawals. If you say the exchange platform is unfair you should look at another exchange. Exchange gains from the fees paid by users and this is fair, for the amount of fee depends on the respective exchange platform.
For me its normal we have to think logically, this is very funny if someone wants withdrawal fees and wants to trade as cheaply as possible
those who are exchangers must certainly have a fee for updating their site every time, paying their employees, even they need to feed their families
Yes what you say is true, all logical and acceptable. Fee also depends on the features and services provided by the exchange. Exchange benefits not only from fees but from various advertisements and partners who work with the exchange. Cheap or expensive fees are adjusted to the services provided.
hero member
Activity: 1666
Merit: 753
November 27, 2019, 09:46:04 PM
#57
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Update: it seems people are getting me wrong, i am not talking about crypto exchanges and trading platform like binance and others, i am talking about iqoption platform, if you find it hard to believe get two mobile phone and make a trade at once, just pick up on Phone A and pick down on Phone B you will get answers, Iqoption is been manipulated

Definitely. Binary trading, especially when it comes to short term trades within the span of a few minutes or even 30 seconds can be extremely shady. You simply don't know where they get their price feeds from.

They could be completely abritrary or even rigged against your favour, because the sources where they get short term price fluctuations from is simply unknown and not available to the public.

Plus, their odds are extremely bad for something that closely resembles to gambling. Even sportsbook have better spreads.
full member
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 27, 2019, 09:40:43 PM
#56
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Update: it seems people are getting me wrong, i am not talking about crypto exchanges and trading platform like binance and others, i am talking about iqoption platform, if you find it hard to believe get two mobile phone and make a trade at once, just pick up on Phone A and pick down on Phone B you will get answers, Iqoption is been manipulated
I think have very different way about trading with bitcoin and binary option, I am not active and still do not know about how trading with binary option way, I heard there are two choose with trading on binary lost or win, there are not have available like investing with bitcoin when price down we can keep holding and wait until price back to higher.
right, binary trading is very risky, because there are 2 choices, namely winning or losing. and what makes it difficult is time-limited guessing at rising or falling prices. in my country there has just been frozen binary companies. at the same time we have 2 applications to buy and sell, both are equal loss

sr. member
Activity: 1288
Merit: 253
November 27, 2019, 09:07:12 PM
#55
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Update: it seems people are getting me wrong, i am not talking about crypto exchanges and trading platform like binance and others, i am talking about iqoption platform, if you find it hard to believe get two mobile phone and make a trade at once, just pick up on Phone A and pick down on Phone B you will get answers, Iqoption is been manipulated
I think have very different way about trading with bitcoin and binary option, I am not active and still do not know about how trading with binary option way, I heard there are two choose with trading on binary lost or win, there are not have available like investing with bitcoin when price down we can keep holding and wait until price back to higher.
legendary
Activity: 1862
Merit: 1015
November 27, 2019, 07:33:24 PM
#54
I think what you mean by binary trading is like the binomo platform, (unfortunately I have never used the iqoption platform)
but if that's what you mean, then it's purely gambling, not trading, and of course, online gambling is always cheating, because they need money and make a profit with gambling.
and other reasons, because real trading is about buying and selling and making a profit, not just guessing. because if you guess it's not much different from gambling.
member
Activity: 645
Merit: 10
November 27, 2019, 07:11:29 PM
#53
Of course they can't be 100% fair. And you have to take that into account. Even if you are a professional in trading, you still will not be allowed to win constantly.
jr. member
Activity: 444
Merit: 2
Theagriverse.io
November 27, 2019, 06:04:35 PM
#52
Trading binary is a high risk compared to crypto. There is high level manipulation going on on such platforms, it can be likened to gambling.
member
Activity: 632
Merit: 60
November 27, 2019, 05:57:30 PM
#51
Of course, all platforms that offer you earnings should always earn too. Therefore, you should always take this into consideration before trading anywhere else.
legendary
Activity: 1722
Merit: 1014
November 27, 2019, 03:50:11 PM
#50
Binary trading platforms are scam, it's like playing in a casino roulette. Don't waste your time and money, trade on Binance or some other famous crypto exchange. Crypto itself is risky enough Smiley
member
Activity: 434
Merit: 19
November 27, 2019, 04:47:18 AM
#49
As far as i know, IQOption is not safe yet they claim their trading is in real time, you can easily detect it by using what OP included in his post, there is no real time trading on IQOPTION trading platform, be wise
jr. member
Activity: 99
Merit: 1
November 27, 2019, 04:04:38 AM
#48
All those platforms benefit mostly those that developed the app. Manipulation is real and those platforms know how to play the game better.
One must be an experienced trader before you can beat them and make good profits through the app
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
November 27, 2019, 01:43:18 AM
#47
crypto trading platform gets money from trading fees, it shouldnt get money from manipulate price
if you realize that big exchange get so much money, bcz the volume is big too
the one thing that maybe exchange does, doing pump and dump to attract trader and investor

if you talk about iqoption, it is binary. yes i agree that it is a gambling game
so it is normal if you said that is not fair, we should avoid.
full member
Activity: 952
Merit: 110
November 27, 2019, 01:20:39 AM
#46
Trading exchanges makes profits from transfer and withdrawal fees but i am with you that trading can be manipulated on some exchanges especially binary options, they aren't 100percent safe and fair
full member
Activity: 1148
Merit: 116
November 27, 2019, 01:03:53 AM
#45
What do you expect? iqoption is binary trading, although you can trade on bitcoin and few other altcoins now but i suspect unfairness with the platform too, they are red flag
sr. member
Activity: 1274
Merit: 293
November 27, 2019, 12:55:24 AM
#44
Trading platforms are already making money from fees. The thing is that when the market fluctuates and you lose in your trading that made you feel that the platform itself are taking an advantage to you. And in addition without the trading platform you won't be able to trade. So, it is okay to pay fees, the thing is the amount we are paying.
full member
Activity: 1498
Merit: 146
November 27, 2019, 12:25:18 AM
#43

iqoption is binary trading platform, they are usually sketchy.

the only reason why some of them don't sound fair is that some crypto exchanges has higher withdrawal fees. i have not heard of people comparing the trading fees to another exchange though but it probably matter if there is no exchange tokens you bought for your transactions which you may see it unfair.  generally trading platforms in crypto are good as long as they are reputable.
Binary trading is more like gambling and no one actually knows what is really happening, we may feel that we are making profits earlier but as trades goes we tend to lose more than we are winning so its sketchy and we can't consider this as an trading platform.
sr. member
Activity: 1428
Merit: 251
November 26, 2019, 11:59:57 PM
#42
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

In contrast to my opinion, even though we trade in centralized exchangers, we trade peer to peer because there are no margin facilities. As far as I know, exchangers get money from transaction fees that we do and if this is multiplied by transactions that occur in a day, I think the value is great
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
November 26, 2019, 10:39:43 PM
#41
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
You really don't know how exchanges works. Exchanges got their ton of money from their services fees but trading is about your actions no exchanges will trick you to lose and its you against your decisions alone. Get involve in the real trading platform and not in binary options since their tools are very limited, theyre quiet like a gambling platform though.
sr. member
Activity: 896
Merit: 305
www.thegeomadao.com
November 26, 2019, 10:14:12 PM
#40
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
What trading platform or Gambling Platform are you referring to? because the words you make are more suitable for the Gambling platform

The Trading Platform does not make profit from your losses, but the trading platform make a profit from the fee
not gambling, he didn't mention gambling in this thread lol. I think he is talking about an exchange platform but not a crypto exchange platform, it is more towards forex and so far I have never experienced what he said in the crypto exchange platform, except in an exchange with the initial HBT, they charge much more trading and withdrawal fees expensive than exchanges in general
copper member
Activity: 1400
Merit: 103
November 26, 2019, 09:53:38 PM
#39
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
What trading platform or Gambling Platform are you referring to? because the words you make are more suitable for the Gambling platform

The Trading Platform does not make profit from your losses, but the trading platform make a profit from the fee
sr. member
Activity: 1162
Merit: 253
November 26, 2019, 09:52:38 PM
#38
All exchanges used have different fee terms. some are cheap and some are expensive. Fees include fees for trading and fees for withdrawals. If you say the exchange platform is unfair you should look at another exchange. Exchange gains from the fees paid by users and this is fair, for the amount of fee depends on the respective exchange platform.

For me its normal we have to think logically, this is very funny if someone wants withdrawal fees and wants to trade as cheaply as possible
those who are exchangers must certainly have a fee for updating their site every time, paying their employees, even they need to feed their families
hero member
Activity: 1498
Merit: 785
November 26, 2019, 09:40:04 PM
#37
All exchanges used have different fee terms. some are cheap and some are expensive. Fees include fees for trading and fees for withdrawals. If you say the exchange platform is unfair you should look at another exchange. Exchange gains from the fees paid by users and this is fair, for the amount of fee depends on the respective exchange platform.
sr. member
Activity: 602
Merit: 253
November 26, 2019, 09:36:52 PM
#36
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win?
Okay, wait, I thought the platform will always be the winner though. Since whether you win or lose, it's still a win-win condition for the platform because they always get the fees from your activities. Either you buy, sell, and withdrawal. So, your point is that a certain trading platform purposely make you lose the trades your're doing?
Quote
always remember that they will never work for free, they want money just as you want money too
If they really want your money, why bother taking fees? They could just take all of your assest and run with it.
sr. member
Activity: 756
Merit: 251
November 26, 2019, 09:31:10 PM
#35
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

I don't think your loss will mean the gain of the trading platform. You are not trading against the platform. You are actually trading against other traders. In fact, to be more specific you are trading against yourself. If you are trading with a loss you are giving away your loss to other traders who made it right. But in terms of margin trading, it is against the platform.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
November 26, 2019, 09:21:29 PM
#34
Especially leveraged exchanges make quite a bit of money from market trade fees since you're charged for the full contract size of your trade, even though most leveraged crypto trading exchanges do offer a rebate on fees for market makers to provide liquidity, and leveraged exchanges like Bitmex, Deribit and Bybit also have a liquidation fund to protect themselves from losses in case of a massive wave of liquidations where the liquidation engine's not able to close your trade fast enough. The exchange typically wins no matter what you do from fees alone.
legendary
Activity: 1316
Merit: 1145
November 26, 2019, 09:18:15 PM
#33
IQoption, BINOMO, OLYMPITRADE and so on. they are not trading platforms guys. it is a gambling site that is covered with the stock market. why is it gambling? because there you don't buy or sell, but someone just guesses by putting their money in their predictions. if it fails then the money used will be lost predictions. if true, it will increase by 2x. this is the same as bet and dice. then why are they not 100% fair. because all market movements are controlled by the web owner. and someone will be given a profit then dropped without being able to withdraw their assets (0 value)
sr. member
Activity: 1050
Merit: 256
November 26, 2019, 08:45:58 PM
#32
As long as I use exchange in buying and selling bitcoin or altcoin, I have never felt disadvantaged by the exchange. Yes many say that exchange can fake volume. But if I think back, maybe this is part of their marketing method to raise a coin which of course there is already an agreement between the dev and the exchange. So in my opinion, as long as we are not harmed, no problem because we only seek profits on the trading platform.
sr. member
Activity: 1652
Merit: 262
November 26, 2019, 07:03:28 PM
#31
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
isn't that a fair thing. and I am the exchanger asking for a fee for every transaction we make, large or small. I told them it wasn't a fraud and they wouldn't be cheating in any other way.
jr. member
Activity: 448
Merit: 2
November 26, 2019, 07:02:27 PM
#30
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
you are quite funny with your analysis on trading platform and who told you they make money when you loose and don't want you to make money?  They generate their revenues through fees and want you to trade more . You need to learn how this things works
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
November 26, 2019, 06:56:29 PM
#29
How long you've been trading? that's why they are centralized because they have their own way of operating and they have to earn to cover their operation cost and why this has been always being discussed by everyone? That's why there are trading fees and there's a withdrawal fee although that fee depends on the network to assess the confirmation time. And they also earn from listing tokens and just because a trader lost, it's not their fault and there's gain because you have to understand that there's a fee every time you trade and that amount isn't big.

maybe the OP is getting a different context of crypto trading here. as a trader, you are bound to lose or win but that situation depends on your decision and not the trading platform.
so being fair is out of the question here. they have set their rules - withdrawal fees, trading fees even before you sign up. so you should know what to expect once you are in their system.
losing in trading is not the exchange's fault. it is the trader's fault in believing what he sees in the charts and acting on it. if you choose a shady exchange more then likely you will be deceive by fake trading movements. so it is really up to the trader how and where he will do his trading and what the results would be...
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
November 26, 2019, 06:43:01 PM
#28
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
Do you have any proof regarding to your claim? Otherwise it's just a false accusation. Trading sites have no reason to cheat to traders because they are making trading through charging trading fees, withdrawal fees, and etc. Some of them are registered meaning there are authrities who are watching them and once thet make something bad, they can be charged and their reputation wouldn't be clean anymore forcing their clients to transfer to another exchanges.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
November 26, 2019, 06:06:16 PM
#27
Do you differentiate trading such as binary/iqoption and cryptocurrency? Are you kidding? It's obvious it's very different from trading on crypto where we actually hold the coin to be up to it we want it to behold or sold. While in iqoption or binary they just guess and whether win or lose 5 minutes later. Already clear market like Crypto is getting to from many of his transactions and trading fee that is done by the user to buy and sell there.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
November 26, 2019, 06:00:11 PM
#26
How long you've been trading? that's why they are centralized because they have their own way of operating and they have to earn to cover their operation cost and why this has been always being discussed by everyone? That's why there are trading fees and there's a withdrawal fee although that fee depends on the network to assess the confirmation time. And they also earn from listing tokens and just because a trader lost, it's not their fault and there's gain because you have to understand that there's a fee every time you trade and that amount isn't big.
hero member
Activity: 2660
Merit: 551
November 26, 2019, 05:56:00 PM
#25
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

I understand you mate, there are a lot of mid-tier exchanges today that simply do fake and wash trading so you need to stay away from them. But at the end of the day you should understand as well that this is business and those capitalist will find ways to make money out of people who are using their services. They need to hire people to maintain their exchanges so of course they needed money. So quit with the notion that they're working for free, everything here has a price.
legendary
Activity: 1736
Merit: 1000
Truly decentralized stable asset
November 26, 2019, 05:49:28 PM
#24
If the majority of traders are losers, the trading platforms don't need to cheat anyone, in my opinion. Their average gains are over the 60% afaik, there is no need to increase the trading fees. If the fee-making trading model was not successful, you wouldn't see so much altcoin exchanges around the crypto industry, the truth is the losers aka REKT traders are feeding the trading platforms.
sr. member
Activity: 807
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World's First Crowd Owned Cryptocurrency Exchange
November 26, 2019, 05:21:41 PM
#23
trading platforms can be fair because they earn money on commissions and listings of new coins. if they will be not honest with users, then they will lose traders and then new projects will not want to pay for listing on the exchange.
hero member
Activity: 1470
Merit: 509
November 26, 2019, 05:20:30 PM
#22
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
What platforms are you talking about? Because, most functional exchanges do not work in this way. In trade, you are the buyer, I am the seller and the exchange is escrow. Exchange is something that makes profit from this service. If there is a system as you say, look for the problem there.

There are hundreds of sites that can be an alternative to IQoption and give you demo money to try yourself. Products with strong marketing are not the only products in the world.
legendary
Activity: 2408
Merit: 1442
November 26, 2019, 02:57:24 PM
#21
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too


Yes I agree with you but there is something that is priceless: the trust of customers. They have an interest in taking care of their consumers. Binance, for example, understood it ! (which probably does not prevent them from mowing us a little, but it's done 'intelligently').
hero member
Activity: 2128
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PredX - AI-Powered Prediction Market
November 26, 2019, 02:53:24 PM
#20
Trading platforms are set up to make profit, we all know that. They always make money no matter the direction of the market, when the price is going up, they take their profit and when it is going down, they also take their profit, but there is something that people don't give them credit for, securing ones asset, because they are hotspot for hackers they need to be up and running with their security.
hero member
Activity: 1190
Merit: 599
November 26, 2019, 02:39:23 PM
#19
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
There are also those use fake data to deceive their members,this is a very unfair act. Now there are many trading markets that have appear and want to benefit by deceiving their members.We must be very careful in using their platforms,so that our funds will not be uselessly lost.

sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
November 26, 2019, 02:00:22 PM
#18
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Trading platforms are always the winner whether you buy or sell, they have fix fee which they charge against every transactions. Centralized trading platform are nothing but a middlemen and middlemen cant be fair 100%. One of aim of CC was to get rid of this third party middle man but unfortunately centralized crypto exchanges are killing this objective of CC.
sr. member
Activity: 630
Merit: 265
November 26, 2019, 01:44:56 PM
#17
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
In my own opinion, Everything is not really fair when it comes to money because everyone will do anything for them to buy the things that they wanted, that is why trading platforms have a portion in every trade that you make. But i think trading platforms is still fair because they not literally steals money from you, so it's fine to me if they have a small portion in my trades.
hero member
Activity: 1260
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Age Of Mars | GameFI Virtual colonization of Mars
November 26, 2019, 01:10:11 PM
#16
That's why you need to choose large trading platforms and not use any garbage that is created every day. There are already many exchanges with good experience and reputation. why do you need to use those in which you are not sure and which can cheat you
hero member
Activity: 1400
Merit: 505
November 26, 2019, 12:57:34 PM
#15
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
I think you missing the point how the exchanges function, these exchanges are not dealing with the coins, they just facilitate other people to trade and they earn money through trading charges whether you purchase the coins or you sell the coins, but right now majority of the exchanges show fake volumes and that will stop when regulations become strict for exchanges.
sr. member
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DGbet.fun - Crypto Sportsbook
November 26, 2019, 12:53:13 PM
#15
You are wrong, the exchange makes money from our trading fees if you buy or sell a platform asking for a fee of 0.5% to 2% for every order made so if the price goes up or down it is not the exchange that controls the price
legendary
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November 26, 2019, 12:49:05 PM
#14

iqoption is binary trading platform, they are usually sketchy.

the only reason why some of them don't sound fair is that some crypto exchanges has higher withdrawal fees. i have not heard of people comparing the trading fees to another exchange though but it probably matter if there is no exchange tokens you bought for your transactions which you may see it unfair.  generally trading platforms in crypto are good as long as they are reputable.
sr. member
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Eloncoin.org - Mars, here we come!
November 26, 2019, 12:37:33 PM
#13
iqoption etc. focus on binary, forex and cfd systems. Brokers like this always have problems with many system changes that are suspected of deceiving users.

not the same compared to exchanges that only focus on crypto (deribit, bitmex etc.), costs and futures contracts are more equitable. When wick occurs it is also more transparent and does not originate from the exchange system itself. I do not confirm 100% correct, but suspicion is not so valid for popular crypto exchanges.
jr. member
Activity: 211
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November 26, 2019, 12:17:07 PM
#12
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

This is wrong; on exchange platforms you don’t lose to the exchange or gain from the exchange
You lose to co buyers and gain from co sellers

Exchange platform make money from trade fee usually very low and withdrawal fees which are low or high
Don’t blame trade loss or gain on exchange
hero member
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Top Crypto Casino
November 26, 2019, 12:16:35 PM
#11
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Contrary to popular opinions here, Crypto exchanges/trading platforms operate differently from forex brokers. While forex brokers trade against you while charging you commissions for spreads and fees, Crypto exchanges mainly make profits from maker/taker fees. The math is simple. The more users on your platform that are 'actively' trading, The more the exchange profits.
full member
Activity: 1498
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November 26, 2019, 12:16:06 PM
#10
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
Manipulation happens on every exchange but they are not going to change the prices by themselves because they didn't set price for any trades only traders doing this means they have no control over it but they might delay your withdrawal which might give some funds as staking opportunity but they are mostly making money from fee and commission from trading.
legendary
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~Full-Time Minter since 2016~
November 26, 2019, 12:13:01 PM
#9
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

I could agree with this, at the end of the day lets remember one thing about exchanges: They are in this game for the $$$, that is ALL : /
IMO many exchanges do their OWN wash trading, AND fake volume, two tactics to draw users and make more money
Given the decentralized nature of them, they dont really have to worry about governing bodies monitoring them (well the big places like polo do, but not places like STEX)
SO much shady shit happens on exchanges, its just too tempting for it not too i fear Sad
hero member
Activity: 812
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November 26, 2019, 12:00:56 PM
#8
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
I don't really understand your point when you wrote "when you lose its a gain for them and when you win it's a loss for them", this is obviously not applicable. Do you mean for instance when I make profit trading on Binance it's a loss for them? That's not even reasonable since trading platforms will always make funds from trading and withdrawal fees  so long as users trade. Maybe you should understand the concept of trading, or maybe I didn't get your point of view.
legendary
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Not your Keys, Not your Bitcoins
November 26, 2019, 11:55:58 AM
#7
Trading platforms are fair enough and they shouldn't impact your PnL from trading activities unless you use bucket shops which run with your money. Of course that Bitmex has those server overload "problems" that could make people get stuck in their positions and thus holding a position more than necessary and possibly making a larger loss or even get liquidated, BUT you shouldn't encounter the same problem on the other exchanges like Deribit, Binance, Coinbase, Bitfinex, Kraken, Bybit, etc.

An important fact: exchanges usually get their commissions from transacted volume not from losses or gains.
legendary
Activity: 1288
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November 26, 2019, 11:55:07 AM
#6
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
Exchanges make money on trading fees, Large exchange like Binance make quite hefty sum from fees and other services, They made $70 million something in Q1. On trading platforms it's either you, me or whales lose/win but exchange make their money from fees.
sr. member
Activity: 1111
Merit: 255
November 26, 2019, 11:49:03 AM
#5
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
The price of each coin is volatile per second, and the exchange does not profit if you win or lose in your trade. Because of every trade you have in exchanges it has small fees, and if you withdraw as well.

So what you are aiming for is the voltile price, so you can avoid it especially if you have patience and if you are updated on the hourly price.
full member
Activity: 353
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November 26, 2019, 11:39:39 AM
#4
I don’t fully understand what you're talking about, buddy. Are you sure you understand what you're talking about? Nobody plays against you, relax.
sr. member
Activity: 903
Merit: 391
November 26, 2019, 11:30:17 AM
#3
From what i know is Iqoption is binary trading right?, but for me it only guess where price will go. And trading platform like market as usual, they already have fees from people's maker and taker and then withdrawal fees. I am not really people who know about binary trading actually but as a people who not really know the system is we can lose what we bet when we guessed wrong in Binary trading system.
hero member
Activity: 1218
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November 26, 2019, 11:23:02 AM
#2
?? All trading platforms are making money from fees, not playing against you!

Are you mistaken Exchanges with Forex Brokers? With most Forex brokers, those who don't transfer your orders to the floor, you are in the situation you-against-them.
member
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November 26, 2019, 10:41:41 AM
#1
There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too

Update: it seems people are getting me wrong, i am not talking about crypto exchanges and trading platform like binance and others, i am talking about iqoption platform, if you find it hard to believe get two mobile phone and make a trade at once, just pick up on Phone A and pick down on Phone B you will get answers, Iqoption is been manipulated
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