The vast majority of brokers are not a scam and run their organizations as professional brokerages. It is important however to select a broker who is established and been in business for some years and who is also regulated and licensed. Ideally, they should be licensed to offer binary options in your particular region/country. With this said, there is no harm in doing due diligence of a broker before investing money with them, but it is also important not to believe every complaint or claim you read online about a broker being a scam. Unfortunately, there are traders who trade recklessly or have a bad experience with a particular support individual and then see this as their opportunity to “cry wolf” or in this case “cry scam”.
For a list of legitimate and trusted brokers, you can visit our Approved Binary Options brokers section.