Binary Options Watch Dog is a scam web site

OK, we’ve had enough, we have to uncover the truth behind the web site. It is a bunch of scammers led by Michael Freeman.

Freeman is popular in the binary options community because of his video channel on YouTube, but he has gone too far, he is endorsing scams, and he even may be orchestrating some of these scams.

The Binary Options Watch Dog web site is supposed to uncover binary options scams, which it does in some cases, but when you can make money supporting a scam, they just do it. In other words, if a scam has an affiliate program and Freeman can earn commissions, he writes a fake review and gives his recommendation to this scam.

How do we know that? You just have to look at the links they provide, when they link to a scam, the use an affiliate link via the Clicksure network, for example So if somebody joins the scam through their link, they will get paid. This why they endorse scams, they make money on them.


Binary Options Watch Dog testimonials
Proof that Binary Options Watch Dog faked the screenshot of Fortune Magazine.

The most obvious example is the newest scam called Virtnext. Not only Binary Options Watch Dog is recommending this obvious scam, but they also faked proofs to make it look legit. Because they say that there is a real person behind Virtnext – the billionaire Vincent Bollore – and they show a screenshot of the Fortune web site with an article about Virtnext and Bollore.

But it is a fake, Fortune has never published anything about Bollore or Virtnext, see images or try yourself to do a search on the Fortune’s web site (here and here).

Michael Freeman
Michael Freeman signed under the Virtnext welcome e-mail.

This is a 100 % proof that is actively supporting binary options scams. And there is more, because somebody posted his welcome e-mail from Virtnext, and it was signed by Michael Freeman himself! So he probably is the person directly behind this scam.

We can see that there are a lot of fake binary options reviews web sites that were built only to support scams and make them look legit.

Some of them are probably in a network with Binary Options Watch Dog, like Objective Binary Options a Binary Options Spot, because they all are supporting Virtnext with their logos and fake reviews.


It is incredibly sad what is happening in the binary options industry right now. For 1 honest web site there are 99 scammer’s web sites that are recommending scams.

The safest is really not to trust any binary options automated trading system or strategy that is offered in a way that you have to open an account with a broker, deposit money and immediately trade the system. Do not trust anyone who wants you to this. Trade only with regulated brokers, the best is to trade your own strategy manually.

When somebody claims that a system or strategy is free, do not trust them, unless they let you try it for free without depositing money.

And do not rely on reviews published on the Internet by scammers like Binary Options Watch Dog, Objective Binary Options or Binary Options Spot. The vast majority of review sites are unfortunately fake and dishonest.

Objective Binary Opions web site        Binary Options Spot web site

“Binary Options Spot” and “Objective Binary Options” web sites supporting Virtnext and Michael Freeman.

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69 thoughts on “Binary Options Watch Dog is a scam web site

  1. I think Mike F Kieth Louis and a few others on YouTube are all in on this scam i tried all those things they don’t work for me vertnext-dowjones-XTPApp-cashcamp all the same scam

  2. hi,
    I agree with you. These scammer sites will never publish the comments that are against that SCAM App.

    can you suggest any signal service which is legit? Do you recommend quadra signals or any other manual signal services. If yes plz email me.

    1. please email me true list of legitimate binary auto trading platform with trusted brokers since well i want to start with trusted brokers for my money because i have already lost 250 dollars to b4option on the 10/06/2016 and 250 dollars to BRoption on the 01/06/2016

  3. I thought it was just me! I’ve been thinking there all in on this scam for a while….. whenever I post anything on the watchdog or louis’ website, saying anything bad about those crappy auto traders. They just get deleted! They’re all just a bunch if scamming affiliates 🙁

    1. Very true, that Louis guy from Trusted Binary Reviews is probably the worst. A total scammer who tries to pretend that he is helping people avoid scams. He promotes so many scams on his Youtube channel.

  4. Also. It looks like watchdog are promoting what looks to be, a ponzi scheme on there website, called Forex Paradise. They say the company has been around for 5 years but on the website it says 600+ days? And they only accept the typical ponzi scheme payments, no cc’s.

      1. Cedrick………you are SO right !………….best advice is as suggested earlier = stay away from Binary Options……..PERIOD !

    1. Thank you for the info and advice, this is the most crazy unregulated BS i have seen, I taught that Mr. Freedman and his group were doing the right thing, come to find out that it is just a scam. “” Who is legit out there” Thank you

      1. Hi, unfortunately I haven’t seen any profitable binary option robot or signal service. In my opinion the only reliable way is to learn trading and trade with regulated brokers only.

  5. Bravo to you Sir!
    All binary auto trader software sites are scams so beware! Binary trading is risky but a legitimate and legal form of trading. You can make money if you have done your homework and learnt to trade properly with proper money management and a trading plan that is tried and tested for at least 6 months.
    Use a regulated broker and trade a demo account first.
    Sure, use signals (NOT autotraders), why not, but at some point you should be getting to the point where your own strategy starts to beat the signals, that’s the point you will become a real trader.
    Vincent Bollore is a real person with no affiliation to Virtnext and I bet he will be calling his lawyers soon, Michael……..

  6. Thank you for posting this. I started noticing similarities in a lot of the write-ups and got suspicious. I tried Virtnext – luckily, I deposited with VisaDebit – my bank clawed my money back. Virtnext lost my $200 + dollars, even after I shut it off; that’s when I called the bank. Thanks again for being a stand-up guy.

  7. Hello
    I have fallen victim to The binary options watchdog i believed what they said about centument and this is a piece of chit software. 250 euros gone in less than 12 hours. I turned off auto trader after 5 quick trades but it kept on taking trades until my money had gone.Also when i leave comments on The binary options watchdog,yup you guessed it they delete..Beware people!!!

    1. The same happened to me. I wrote that Equinox made 13 trades in 3 minutes with “low risk” (means 1 trade in 24 hours) and most of them were OTM and my post was deleted…

  8. Keith Wareing (Option Xpert) and Louis (Trusted Binary Reviews) on Youtube are also as bad. Giving good review for these crappy scams and their subscribers get sucked in an lose all their money.

    1. Yeah that’s true… And if you think about it, i did a fast search on youtube and found Keith with another channel where he promotes using martingale as a 100% sure thing in BO back from 2012. When that tanked, he started the channel he has now. He always talks about the house hes sitting at has more offices right next to him but you NEVER see other people than him and that other so called “expert” doing the videos.. And funny enough, i have posted 3-4 messages on watchdog with links to people who is losing money left and right on the sites they promote but they NEVER get’s published on their website.. You can’t find 1 single bad comment on that website and that rings a lot of bells to me……

  9. Binary Options Watchdog certainly appears to be a scam based on the experiences I have had, following the recommendations they make on their website. On becoming suspicious that all was not well with Trading Sites that they had stated were NOT SCAMS I endeavoured to contact the Watchdog but have received absolutely no feedback for any issues I brought up.
    I noticed later that many of the Binary Option Companies they indicated as not being scams were actually being reported as being scams on other website reviews.
    My advice is to have nothing to do with BinaryOptionsWatchdog!

  10. Despite all proclamations of online transparency, things are evidenty not free of murk. It is surprising that no agencies have embarked on regulating the industry, including the review sites. Any takers ? FTC, for instance ?

  11. After doing lots of research and seeing conflicting information on WatchDog, I was beginning to suspect that they too were scamming people. They do a really good job unless you actually read read read. In the binary options blacklist, they list DowJonesGroup, and yet in another area they recommend them.

    I also read that you should stay away from offshore companies yet they recommend tauribot. When signing up for tauribot I was directed to GlenRidge to make a deposit. Fortunately, I was unable to make a deposit at that time. A few days later I received a call from a number that stated it was from New York, but when Richard Hawley, the caller, sent me his info in an e-mail it was all contact info for Thailand. He told me if I deposited $500 instead of the minimum $250, they would match it so I’d have $500 to trade with.

    I then read on the site that this is exactly what the scammers do.

    Thank you for this site.

    1. Basically, a lot of scammers, including “anti-scam” sites, are easy to spot. You google the name with scam or fraud and you’ll soon get an article: Blabla fraud exposed, in which the product is actually recommended and te scammer provides links.

    1. Some of their reviews are honest to make it look like a real review web site, but then they are endorsing a lot of scams with fake reviews…

    2. Just look at the facts… You can’t find ONE single bad comment on that site… Not one… A trusted review website would never have to “accept” comments from users if they are legit in what they are doing..

  12. Congrats! that is a really HONEST review!!! .. I think they are a very BIG MAFIA and they have many more website , Binary Options Watch Dog IS ONLY ONE OF THEM.. I was checking alot of binary options scammers websites and I found, and they “recommended” this blogs (all of them the same S..hit as Binary Options Watch Dog , please check all this websites are almost all the same big bull! and all of them recommended all the FAKE softwares including the BIGER SCAMMER Virtnext!..

    Binary Options Watch Dog –

    Scam Reviews™ – Scam.Reviews/binary-options-scams

    Binary Options Sheriff –

    Objective Binary Options –

    Binary Options Gorilla –

    Binary Options Doctor –

    Binary Options Patrol –

    Easy Trading Signals –

    Binary Options Governor –

    Binary Options Opportunity –

    Prestige Binary Options –

    Binary Options Spot –

    Binary Umpire –

    Binary Options Army –


    1. Yeah, scammers have huge networks, so it is diffucult to outrank them in search engines with only one web site like ours, because they are linking their web sites in these networks.

  13. I have been using copybuffetsoftware for a few days.. on autotrader all the time have only earned $14. Also the signals are different on my ipad from those on my laptop. also the same asset might be call on one and put on another at the same time. How can this be if tthe signals are true?

    1. Hi, you cannot have opposite signals on the same asset at the same time, because it means a sure loss on binary options. This proves that Copy Buffett is worth nothing.

      1. Run away from binary option, fly away! They are all scams. All what you call regulated is all trash. No body is regulating any body, Rather they earn commissions from this scamists referred to as brokers. IF you give them money huh, they will manipulate the price, deny your withdrawal, blacklist you, block you, even try to steal money from your card. All kinds of ills you get with this people you cant see face to face with no background or trace.
        The one they call GOPTION, thry call me every minutes to come and pay or deposit. Fake all fake.

        1. Hi, regulated brokers are regulated, for example Nadex in the US by the CFTC, EU brokers mostly by the CySEC. The brokers we recommend are good and we have no complaints about them. Goption is not regulated and there are far more problems with unregulated brokers.

          1. Good post about this scam website. I have to intervene against CySec, which is not a serious regulator. You want to avoid broker that are ONLY regulated by CySec and look for CySec + other EU regulators!

  14. Hi John,

    I am interested in trading Binary options and have been doing research and home work on the subject and reading many posts, forums etc and I have to agree with yourself, There appears to be No legitimate Binary Trading platforms/ Auto bots and brokers, other than the registered and regulated one’s.
    Is there any forum or Trader out there willing to help somebody new to the Business who is willing to learn and work hard? I am very interested in this Topic and wish to learn and trade,

    Greg Bellemey

    1. Hi, binary options trading is very similar to Forex, the main difference is that exits are predetermined. So you can look for Forex learning materials, I think a good web site with a forum is

  15. Love this post. I’m so delighted to see the alerted state of mind of binary option scam services. It will help twho tyr to trade to choose the correct one(s). Thank you!

  16. Hi..
    After read all comments, i realize that its truth that the Watchdog is a scam. Because whenever i post some comments they never reply or never shown at the comments area. is it deleted?
    If Watchdog is a scam that means the reviewer (Marili) also a scam?
    Besides that is the copy buffet a scam? how about BINARYBOOK ? and binadroid? and the Banc De Binary?
    Awaiting for your soonest reply.

    1. Hi, reviewers at Binaryoptionswatchdog obviously are scammers, because they publish fake reviews. Binarybook is a bad and unregulated broker. Binadroid is a scam and Banc de Binary is a regulated broker, but we hear lots of complaints about them.

    2. Hey, don’t you know that Marili is the daughter of the owner of Binary Option Sheriff? And for all of you, even a formerly non scam autotrader will turn into scam after several months. So you must understand the art of trading with autotraders. Keep an eye, get some reviews. If you know that the autotrader has been running for 3 months after the launching and you haven’t joined it, you’d better let it go for you are too late to be part of it. Let’s say you have one or two month to collect all the informations you need. More than that, you’d better stay away otherwise you can get scammed.

  17. Ive never. Thought. G options. Is,one. Of scams ive provided. Affiliates. For. Them but since. December. They never. Paid me. Especially. Guy called. Danny. Noshave big scam

  18. Watchdog is a scam site…they only receive good reviews..they remove my bad posts about binadroid…I have a prove to claim binadroid a scamsite but they don’t allow me…another scam is binaryscamalerts….this site also same

  19. Is it possible I actually found an honest reviewer? Awesome!!! I thought I was only one lost money with Binadroid garbage and SafeIncome garbage!!! Everybody on reviews loves them….I just lose money! It’s Nadex for me! I can actually make a bit there, trading myself. I’ve tried 10-15 auto traders….NOT ONE has made me anything!

  20. Virtnext and copy Buffet … I have lost a lot of money to them thanks to trusting Binary Options Watchdog I even used Marili who was supposed to help me with Copy Buffet regular emails back and forward offering help and advice, but the software only traded one pair EUR/USD and lost a lot of my money until I finally switched on about 2 weeks ago that Binary Options Watchdog and Marili are both scammers, she just helped me lose my money faster, I would enjoy seeing them all brought down, I believe they should be regulated when offering honest/dishonest advice, I hate scummy people like this it makes me sick that they should take money normally from those who need it the most, as the richer people buy trusted signals and make money. if anyone knows how to bring these people to justice I offer my services with whatever help I can give.

    1. Thanks for printing my complaint about copy buffett. I also have a complaint about the lie detecter. I just am too trusting and tried one last time. deposited money with one two trade and my money just disappeared with NO TRADES BEING MADE. They dont answer my emails ….. my money has just gone…stolen. and nothing is done about it,

    2. I forgot to mention in my last grizzle that I also tried Mikes Auto System. I got 13 losing signals 6 wins. I can do better than that with my eyes shut. I am also worried that I trusted 2 traders recommended by Mike 24 Option and Swissroyalbanc. They still have what is left of my money. What will happen now?

      1. Hi, try to withdraw what remains. 24 Option is regulated, so it should be possible, with Swiss Royal Banc it might be more difficult, by try it.

  21. Hi
    I also think that binary options watchdog may be a scam. They heavily promoted Binadroid which i think is a clever scam.
    Binadroid has no contact and support section. After registration, any attempt to login will receive messages like; ‘we could not verify your login details. Please try again. Before the deposit one could login several times a day.
    It’s better to register with a top broker , get education and an account manager to help you trade even if with a fifty-fifty percentage than relying on these robots.
    I share your sentiments about watchdog.

  22. I thought that WatchDog it was a legitimate site and through them I joined the CopyBullet service, located at the top of their ranking of reviews.

    After registering, CopyBuffett assigned me a broker not regulated… at this point I did other inscriptions and recived two other brokers… of course, these are not regulated.

    Closed all discourse with them … they’re just crooks and the first 3 services of their rankings are just scams …

    I posted a negative comment on their website and of course not published it!

  23. I like to see if indeed this post will be posted or not, I reside in Australia came across Binaryoptionswatchdog website when was looking for a review for TitanTrade. Watchdog had a long blog post all about TitanTrade then hundreds of comments from people who lost money and some of these comments were from Facebook. Happens that WatchDog is indeed a scam website why would be telling people to stay away from TitanTrade? Then read a blog about CopyBuffett and a lot of comments were in positive manner. Question is that WatchDog is a scam side would that mean TitanTrade is the real deal and CooyBuffett is not? That being said I have not had any of my posts allowed and one was for TitanTrade feeling bad from all those people who lost thousands of dollars and stopping a good friend of mine signing documents and the other is a positive review about many people making money with CopyBuffett. I also sent an Email to WatchDog currently no reply back.

    1. Well, difficult to say how they chose scams they will promote for money and scams they will uncover, but the reality is that some of their reviews are real and some of them are fake. They probably want to look legit, so they don’t endorse every scam out there, just some of them.

        1. Hi Grant, as long as it’s not spamming we appreaciate when people share links to our web site. Because scammers have big networks with interlinked web sites, so it is hard to spread to word about the true nature of theses binary options robots. They also have a network of Youtube channels where they published fake reviews.

          1. Hi Grant, I’d say that the CFTC-Respect web site is the definition of hypocrisy. It seems to be a complete list of web sites that form a private network of scammers that publish fake reviews and endorse scams with affiliate links. On one side they say they respect CFTC rules, on the other side they push US citizens to unregulated brokers through huge scams like Copy Buffett or NEO2, they use fake reviews for that. We don’t need to take the pledge, because we have always respected CFTC rules and the only broker we recommend to US traders is Nadex, which is regulated in the US. I’d expect that CFTC-Respect web site would not accept us anyway, because we are not part of their scam network an we uncover their practices.

  24. Hi John I thought you maybe interested in what I have found and people who have read your blog and commented also need to see this. I feel this is not right take a look at this website and you know what I mean seems that WatchDog has taken the pledge. Could be a good idea to also take the pledge unless it’s like a scam site endorsing scams.

  25. Hello,
    I have tried Mike´s Autotrader and Autobinarysignals for trading binary options. None of them worked as they should do and I lost the money. I have found a video clip on Youtube which is talking about Michael Freeman and those you can see on the video. The link to the video is

    Could someone write a comment about his video?

  26. Hello, thank you for your review. I think that you two are the only who says this about Watch Dog. I tried Binabot, but I had problems with registration. I have send e-mail to Watch Dog if they have any contact on them (because Binabot do not have any support mail on their website). It has been 14 days since I wrote them, but nothing has happened. So I started being suspicious about them and found you and Anna from the blog mentioned above.

  27. Hi. Glad I stumbled across your site. I have been thinking for a long time that binaryoptionswatchdog is a scam review site. They have never posted any of my complaints nor answered any of my questions about software like Copy Buffett. I have not been able to contact support@copybuffet regarding the quality of the signals I receive. The signals are extremely poor and the auto trader is worse. It caused my starting balance of $500 to go down by $250, very, very quickly. I finally turned off the auto trader for fear of losing my entire balance. I noticed that about 50% of the time, if the broker allowed 10 minute trades, I could sometimes win using the Copy Buffet signals, but of course, UKOptions does not allow 10 minute trades! I even sent 3 screenshots to binaryoptionswatchdog, but got absolutely nothing from them in return – so suggestions as to how to reach Copy Buffett support personnell, nothing! Of course they never posted anything I wrote. I will not receive any more e-mails from the so called, “watchdog”. As far as I am concerned, the watchdog is much worse than the scam software “developers” he takes money from. He must be smiling all the way to the bank!

  28. i strongly agreed copy buffet is scam side which is claim positive review by watchdog, l lost from my deposit USD250 into USD78, then finally withdraw my balance. It obviously which all people said is good trust option like watchdog are affiliate to scammer option side. Now i not trust watchdog anymore. Mostly of binary option industries is 90% control by scam website. My suggestion is you need to learn how to trade manually with regulated broker with your own experience and refer to who is more expect in binary option as professional trader to generate good profit in future.

  29. hi guys my name is tuks from south africa, i got caught up in this auto trading shit called binabot, i have never made more than what i have invested just kept on losing and losing, tried to watch youtube vids but nothing helped, tried to study economical calendars but shit aint working, so i figured…binabot is scam. all the robots claim they will make money for you with or without experience, i believe at this time i would have made a lot, thousands in Rands. truth is, with the little knowledge that i got from teaching myself i once made $700 from $50 experience, i couldnt believe that i was actually making money by myself. withdrew some and kept trading, you know losing is not a good thing for your mind but i was frustrated and traded foolishly rather i should have stick to the strategy and take breaks. if you want to make money learn how to trade, and i prefer iqoption they are regulated and you can start little as $10 and take trades from $1 both in binary and turbo. i encourage maybe we share strategies to beat the system, money is there just need the formula and stop the robots

  30. I have deposit 2000$ at the binarybook the trader name is Nicolas Blunt he promised me he will make me a lot money but it was all a scam after 3month i ask him can i withdraw some money he told me i loose all the money can you please get back my deposit money you watchdog

  31. I am very pleased I came across your site I was going to go with the copy buffet site in the next couple! Of days but won’t be doing this now thanks to this site thank you

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