The Binary Defender SCAM is owned by a Drug Dealer!

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Binary Defender *SCAM* along with forex robot nation/john kane

I am thinking of purchasing Binary Defender. Can anyone please advice me on their experience with binary defender? Is it worth the $179.99 or is it just a waste of money?


New this site’s forums, but an experienced binary trader myself. This thread was brought to my attention from one of my readers. I was told to look into this service because someone was interested in “Binary Defender” as it appeared to be a hot new service on the web. To do my duty to my readers I started to do some research. What I found has been very interesting and thought this would be a great place to discuss what I have found as it’s a forum.

I am not making any specific claims or accusations. I will only state facts and let you make your own decision from the evidence I have found.

First, let’s take a look at the server all of these website are located on. It appears that we have 12 different domains on this BlueHost dedicated server (or have been on this server). The list follows:

3. (specific to this thread)
5. (owned by “John Kane” as lotzofbotz mentioned)
7. (owned by “John Kane” as lotzofbotz mentioned)

This means that one individual or entity owns or has built all of the websites listed above. This isn’t a shared hosting account or else we’d see many other domains listed.

Now to confirm that these sites are owned by the same person/organization I decided to take a look at all of these sites. Besides the,, and all of them are related to binary and forex. To confirm the ownership I looked for similarities. To start, take a look at,, and Look at the design similarities of the website and the similar way the websites have been built. They have nearly identical themes, same wording, and basically the exact same footer (the piece of information at the bottom of the website). You may even notice all of them use “Wish List” membership software. You may go to all of the other websites and notice the same thing. Also, if you go to by the product they all direct you to “My Commerce”. From this evidence, this makes it appear to be cookie cutter websites from the same developer.

The next way I confirmed the individual running these websites is by voice confirmation:

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The second video and third video are very incriminating. Someone from the Binary Defender YouTube channel doing a tutorial video is also the same person who reviewed it on Binary Today, who is commonly known as “John Kane”. This means “PatrickFX” from Forex Robot Nation is also “John Kane” from Binary Today.

Next, go to and go to “My Income”. Notice that he is self promoting his own products by saying he is making massive profits from Binary Defender, Binary Brain Wave, Binary Options Bullet, Binary Ascend, Manual Trading, and Consultation. Then also notice he does an honorable mention to “Forex Fury” (again, “John Kane’s” self-made product). I personally trade day in and day out, and yet to even get close to a month with over $20,000 profits in one month (which is what he is claiming to be making).

He is delivering a product, I have no idea if it’s actually profitable as I am not going to spend money on this person’s creations, but why do it this way? If you want to sell products you create just open up a marketplace instead of creating fake fronts for them all. This only makes the creator appear to be dishonest. Then he just negatively reviews anything that is not his (anything that is not on the list above).

The last bit of information that confirmed by outlook on this person is watching my comments get deleted. This means this person is full of misleading marketing.

While doing deep investigation of this individual I came to find out that his name is Patrick Ryan (hence, PatrickFX) and he is from Canada. Here is his LinkedIn account: If you have any chargebacks or charges you’d like to file against this creator, you can do so legally with the Canadian authorities.

*My personal opinion… don’t do business with any of the websites that have been listed.*

**Now this is a side note specifically to Patrick Ryan aka John Kane. To reverse all of these negative evidence that has been shown, solid proof needs to be provided. I only make conclusions from evidence, not opinions.**

***I hope this information provided assists this thread’s case!***

Binary Scam Alerts Is A Scam Website !! Fake Patrick Jones & Reviews

The Binary Scam Alerts is not a reliable website. We have reviewed the and discovered that Asaf is the man behind this scams. We have discovered a lot of red flags in this Binary Scam Alert Website, and we want to point them out here, so that nobody would waste his or her time by heeding to whatever Patrick Jones the purported promoter of that blog is trying to present to you. Binary Scam Alerts is not a scam service, this means that it does not present any trading or investing signals. It is a blog and the aim is to mislead and misinform investors. Jones intends to recommend scam systems for you so that you waste your money.

We decided to give this warning because the man who called himself Patrick Jones is associated with several other scams, which have ripped many people off. We are want to save you from wasting your investment and that is why we decided to warn you ahead of time not to believe anything that comes from Binary Scam Alerts since we know that they would be posting misleading information in that blog.

Our major aim is to expose scam systems when we see one, and that is why we have taken our time to carry out a deep investigation into the Binary Scam Alerts Scam. Anytime binary options and the financial market are discussed, you have to consider the word reputation. Reputation is very important if you are going to succeed as an investor. Before you commit yourself to any trading robot, you have to find out whether that robot is reputable or not reputable. The same thing is applicable to the quality of information you get. If you get a misleading information, it is going to mislead you and that would result to waste of money. This is why you must think of how reputable an app or information is before you begin to digest them.

As we said, we have spotted several red flags about this blog, especially with the so called creator of the blog because of his sordid past. This makes the blog disreputable and dishonorable. Keep on reading to discover other reasons, you should abstain from doing anything with Binary Scam Alerts blog.

Why Must be Avoided ? Binary Scam Alerts Website Review

The major thing we have against Binary Scam Alert is the man behind the blog. The man who called himself Patrick Jones is a fake identity. We can list out several other names associated with him. This is in the course of his promotion of fake trading systems just to steal money from investors.

Now starting from the Binary Scam Alerts website and its ownership, the information provided is completely misleading. Patrick Jones claimed that he was the owner or the creator of the website, but the information we are able to gather about this site speaks otherwise. You can hardly hear the voice of the man Patrick Jones, but he speaks through a voice over actor. However, we are able to discover the truth about him through his photo.

When you check the photo, you would see that the image has nothing to do with the man Patrick Jones. This simply sends the message that the man is a fictitious character masquerading as Patrick Jones. Check the image and you would discover several other things that have to do with that image on the internet. We can simply say that the image was copied from the internet, and given the name Patrick Jones. This is a clear sign that the website is a complete scam.

The Binary Scam Alerts Website Promotes Scam Software’s

Another thing that show that something fishy about this website is that they are promoting dangerous systems or software. Systems that professional review websites have warned traders to avoid, you would see Binary Scam Alerts promoting those systems. Here are some of the fraudulent systems, which the website has promoted and they include Passive Income Bot, Binary Profit Method, Binary Options Auto Trading as well as the Option Bot and several others. Recall that we have warned investors to desist from using all these methods because we have reviewed and found them to be fraudulent.

This Binary Scam Alerts website promoted all these methods and many people who have invested on these robots have sad stories to tell about how they were scammed off their hard earned money. This is why you must avoid getting information from a fraudulent website like Binary Scam Alerts.

Patrick Jones Behind All Scams

Image Source:- BinaryOptionsDoctor.Com

The most interesting thing we have discovered is that Patrick Jones is behind all the scams mentioned above, but he keeps changing names in all these methods. However, you can always tell from the photo, which has always remained the same all through. His real name is Asaf Weinstein. He is behind many scams, and have stolen hundreds of thousands of dollars from unsuspecting investors. Now he came forward with a blog to promote his fake systems all to continue to steal money from you. Your money is at stake here and you should not allow that to happen.

No Social Media Presence for

The worst thing about this so-called creator and Binary Scam Alerts website owner is that he does not exist in any of the social media websites. If he is there, it could afford people the opportunity to reach him and discuss with him, but that cannot be because he is not in the social media. He does not have any verifiable residential or office address to meet and discuss with him. He does not even have any phone number. He does not provide any trace of him, and this simply shows that the man is a criminal. Any business you do with him or any information you source from his website is to put you into trouble because nothing good would ever come from him. If you have not blacklisted Binary Scam Alerts, you should not hesitate in doing that because it is a complete scam.

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Conclusion: The is a Complete Scam Website !!

You have now seen sufficient reasons you should not have anything to do with the website called Binary Scam Alerts. The website is one hundred percent scam. It is fronted by scam individuals to mislead you and steal your money.

Scam Binary Brokers and The Shenanigans They Pull

Let’s talk about binary options scams.

(For all you wise-guys out there, I’m not talking about trading binary options. It may be no different than gambling, but (most) people know that. And you can make money.)

Actual scams. Rogue brokers. Binary option companies who deserve to be on a blacklist.

Sine there’s a couple hundred plus brokers there’s a good chance you’ll run into one – if you haven’t already. Especially since many of them are not licensed or regulated (even some honest brokers are not regulated and some that are regulated are not legit).

So it makes sense to be prepared – know which brokers are blacklisted and what shenanigans rogue brokers pull so you can get the hell outta dodge once you spot the signs.

That’s what we’re going to share with now.

Oh, and afterwards I’ll give you some tips for how to deal with shoddy brokers who have screwed you over (like charging your credit card multiple times).

Good. Let’s get started.

Binary Options Scams: Our Blacklist

Below is our blacklist. These are brokers we consider to be rogue. You should NOT sign up to any one of these – unless you like giving your hard-earned money away, of course.

One other thing – most of these are based on research and NOT our personal experience. And it is a work in progress. If you feel like any of these do not below, send us an email (preferably with proof) to let us know.

  • Traders King
  • FourMarkets
  • Safe24Options – They are not related to 24Options. They’re a scam because as soon as you ask for a cash out they disappear. Players complain of being owed thousands of dollars.
  • Cedar Finance – They’re known to be spammers. They have created 1,000s of fake video reviews and testimonials to get people to sign up. They also promise you can make lots of money in seconds.
  • Global Trader 365 – They specialize in getting traders to deposit loads of money – as much as $5,000 per deposit. But if you try to cash out they disappear. Sometimes they even freeze accounts and prevent traders from accessing it.
  • Sycamore Options – Players complain of having their card charged multiple times. It also looks like this might be a reincarnation of TraderXP, also considered a scam by many.
  • TraderXP – Same as above.
  • VIP Binary
  • NYStockOptions
  • BinaryInternational
  • BetOnMarkets
  • XB24
  • Amber Options
  • OptiMarkets – They refuse to pay out profits or return phone calls.
  • XPmarkets – Another company related to OptiMarkets and The UK FCA also released a statement saying they’re not authorized to operate in the UK.

If the scams above have no explanation next to them, then they are listed more than likely because they’ve received poor ratings from multiple review sites and/or user-reviews.

List of Binary Option Scams

You don’t always know if a broker is a bad egg. Sometimes it takes awhile for these things to surface.

So here is a list of things rogue brokers do that earn them a place on our blacklist. If a broker does any of these things to you, we suggest you cash your money out ASAP.

Multiple card charges – There has been many complaints from customers about brokers charging their card multiple times. Often the first charge is authorized, but the rest are not. In other cases the broker charged the card without the customer’s say so.

False promises – Is this really a scam or a sales tactic? Either way it’s shady to promise people who may or may not know better (yet) they can get rich in minutes trading binary options.

No pays / late pays – It’s funny how brokers are helpful and friendly when you’re ready to make a deposit, only to disappear when you ask to cash out. These are harder to spot, so we suggest reading reviews and forum posts for complaints of no/late cash outs.

Bonus abuse – A common complaint from traders is when they can’t deposit because they have a bonus attached to their account and they haven’t completed the rollover terms.

Sometimes this is their fault (they didn’t read the terms and conditions). But often it’s the broker giving the customer a bonus even if they said they didn’t want it. Brokers do that so they can make you complete their rollover requirements (aka spend money on their site) knowing you’re likely to lose your money to them.

Changing terms – A broker will change their terms and conditions to back their side of an argument with a customer.

For example, I read about a case where there was a term stating traders couldn’t reverse more than 20 percent of their trades.

When a player tried to cash out the broker claimed the player had abused that rule and so he wouldn’t get his cash out. However, the trader had proof he didn’t reverse more than 10 percent of his trades (clearly confining to the rules). Instead of acknowledging their mistake the broker just changed the term to be open-ended (no specific percentage) so they could make whatever decision they wanted.

Changing terms while in the middle of an investigation is one of the sneakiest and shadiest things I’ve seen.

Customer service – Are they available? Do they dodge questions? Are they rude? You can tell a lot about a broker just by dealing with their customer service reps.

Those are the biggest and most common scams I’ve seen. Now let’s look at what options you have if a broker scams you.

What Can You Do If You’ve Been Scammed?

Honestly, your options are limited. Here’s what I suggest.

==> Have your lawyer send a threatening letter. Who knows how successful this will be, especially if this broker is located in a different country or jurisdiction. And it’ll cost you money. But it might scare the broker into action.

==> Complain to any government site or regulatory body of the jurisdictions the broker is operating in.

==> Complaint to your credit card company. If your card has been charged without your permission you can let them know and they’ll help you get your money back – likely through a charge back.

I also suggest sharing your story in some of the larger forums and on Not only will you help your fellow traders, but sometimes public scrutiny is enough to get brokers to work with you.

What Next – Where Are The Good Brokers And Trading Sites?

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