Rules to follow starting out so you don't get scammed - These are important as this is where most fail with signing up to a new broker.
Rule #1 - Never invest money you can't afford to lose.
Rule #2 - A broker makes money when you loose, just like a sports book.
Rule #3 - Never allow a broker to trade for you. Remember Rule #2.
Rule #4 - Start trading with a demo account first to prove viability and learn how to trade.
Rule #5 - If a system/software/bot/trader requires you to deposit/use real money don't do it. It breaks Rule #3.
Rule #6 - Never accept a bonus that requires turnover and traps your money from being withdrawn.
Rule #7 - Always trade a percent of your account, a small percent to manage risk and maximize profits.
Rule #8 - Check this thread about complaints before choosing a broker: http://forum.binaryoptions.net/categories/scam-watch