Top 5 Tips Revealed By EasyTradingSignals.com To Avoid Online Trading Traps

February 01, 2016 - PRESSADVANTAGE -

EasyTradingSignals.com has announced that they are sharing their top 5 tips to identify questionable online money making systems. This list of red flags to watch out for is specifically related to the binary options trading industry, but it is also applicable to all online money making systems.

Easy Trading Signals has already identified 47 binary options trading systems in less than four months, that fail three or more of these trust tests. They are sharing their knowledge in the hope that it will alert online traders to stay safe when selecting binary options trading systems.

Sam Schout of Easy Trading Signals says that "although there are new binary options systems virtually every week, the majority of online trading systems are not safe." He goes on to say that "we have developed a set of tests that we use to quickly identify binary options trading systems that provide the best potential. We want to share this information to equip potential online traders to make better choices."

"The first thing to watch out for is whether the site is SSL protected. That's easy to tell simply by looking to see if the website address starts with https and if it is green," Schout says. He continues to say that "the reason this is important, is because websites that do not intend to play by the rules, will not bother to go through the rigorous process of obtaining a SSL certificate. The green bar validates the identity of the site, and it will also ensure that users follow trusted links that are present on the SSL protected site."

Easy Trading Signals recommends that the second item to check for is basic legal website requirements. "Does the website have a privacy policy, and does it have terms and conditions? Extra marks if the site has disclaimers." Schout goes on to say: "This is important since websites are required to have these notices, and sites that do not plan to stay around for long, often do not bother to provide this information."

The third element to watch out for on the Easy Trading Signals list is to check if there are any photos of users or testimonials. Sam Schout suggests to do a simple check via Google image search to see if the photos appear on other websites. He says that "this is easy to do by simply clicking on the image and dragging it into the image search search area on Google." The reason to check for this is because the sites that are less than reputable often do not use real users for their testimonials, but instead rely on stock photographs.

Fourthly, Schout says that "the site must not make claims that are clearly not feasible. For instance, if a site claims to be able to make a trader $1 million in a month, that's not likely to happen. If the site makes such wildly exaggerated statements, chances are very good that they are preying on people's greed, and their services should not be trusted."

The last check that Easy Trading Signals highlights, involves a sanity check by reading the reviews of other blogs. They suggest that blogs that can be trusted will also have SSL enabled with a green address bar, and that they will have contact details of the blog owner easily accessible.

Sam Schout concludes by warning that "these methods to check if online trading systems can be trusted are not perfect, but they should go a long way in protecting online traders that are new to binary options trading systems." Further information and reviews on binary options trading systems can be found on the EasyTradingSignals.com website.
 

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For more information about Easy Trading Signals, contact the company here:

Easy Trading Signals
Sam Schout
(951) 221-8966
sam@easytradingsignals.com
31852 Whitfield Street
Menifee
CA 92584