The so-called Steven Abrahams Tesler App located at www.appteslerapp.com is another binary trading options scam. The fake software is just another trick used by scammers to convince their potential victims into taking part in risky binary options trading. They do this to convince online users into opening binary options trading accounts with a broker, which they will make a commission from every time those online users trade, whether they lose or earn money on their so-called investments, taking part in very risky binary options trading. And, the people in the testimonial videos on the website are paid professional spokespersons and voice-over actors.
The Steven Abrahams Tesler App at www.appteslerapp.com
What is Binary Options Trading?
Simply put, Binary Options trading allows you to basically trade by saying “yes” or “no”, and if you predict the right outcome you win a predetermined amount. If you are wrong, you lose your money.
Remember, the trading of binary options can involve overall market risk. In nearly all cases markets can and oftentimes do move in various directions without ample warning. Although there are ways to predict potential market movements, even the most thorough of analyses cannot always accurately pinpoint exactly which direction the market will take.
This is what the broker that Steven Abrahams Tesler App is using claims, and what Steven Abrahams doesn't want you to know:
Risk disclosure: Trading in Digital Options or other off-exchange products carries a high level of risk and may not be suitable for everyone. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings here: Risk Disclosure Document There is a substantial risk that you may lose all of your initial investment.
We advise you to consider whether trading Digital Options or other off-exchange products is appropriate for you in light of your own personal circumstances. We recommend that you seek independent financial advice and ensure that you fully understand all risks involved before trading.
Trading through an online platform carries additional risks.