When it comes to binary options my advice is always the same - stay away from binary options. First of all, you take a lot of risk when you trade them, because they resemble more gambling than trading. Second, there are a lot of scammers among the binary options brokers. The whole industry has become infamous about it. Even the FBI is issuing warnings about the scams they run and the amount of money people lose to them. I urge a lot of caution when dealing with binary options.