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Please be respectful in the chat and watch your language & arguing. Read the forum rules.
@  ahmetesk : (20 January 2017 - 12:51 PM) good trading day or gambling day lol
@  ahmetesk : (20 January 2017 - 12:39 PM) usd nok itm!
@  ahmetesk : (20 January 2017 - 12:39 PM) :unsure:
@  Tripack : (20 January 2017 - 12:33 PM) ok in any case better tonclose now and remain flat for monday as well
@  kubn2 : (20 January 2017 - 12:31 PM) @Tripack well there is no impact at all because in speech you didnt have anything new
@  Tripack : (20 January 2017 - 12:30 PM) I'll'closebmy positions
@  Tripack : (20 January 2017 - 12:25 PM) it had a 5min positive impact usd note
@  Tripack : (20 January 2017 - 12:24 PM) will listen afterwards
@  Tripack : (20 January 2017 - 12:23 PM) really ?
@  kubn2 : (20 January 2017 - 12:22 PM) well good speach
@  fuker : (20 January 2017 - 12:21 PM) hi, hdflower hows going on
@  Tripack : (20 January 2017 - 12:09 PM) congrats usa
@  Tripack : (20 January 2017 - 12:09 PM) ok itbis now done, geee
@  Tripack : (20 January 2017 - 12:05 PM) dun'o who farted
@  Tripack : (20 January 2017 - 12:05 PM) from pretty ok to good now
@  Tripack : (20 January 2017 - 11:59 AM) (not against)
@  Tripack : (20 January 2017 - 11:59 AM) :P
@  Tripack : (20 January 2017 - 11:59 AM) letting time work for me
@  Tripack : (20 January 2017 - 11:58 AM) had some concerns with eu but back inline
@  Tripack : (20 January 2017 - 11:55 AM) pretty ok here, spot only

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Banning Binary Options ?


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70 replies to this topic

#61 BrianC

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Posted 15 December 2016 - 11:53 AM

Regulators do look at facts and they will not change their stance because YOU made money this year :)

 

But the fact is that the regulators haven't done their job, and now they decide to ban an industry that has run out of control because of that. The scammes are there because the regulators were not there.

 

Oh, and because most people lose money on bins? Come on, billions are lost on state lotteries (biggest scam ever invented), sports betting, poker and casinos (both off- and online) every year and they continue to be in business, reguletad, yes, but not banned.


  • Tripack, BinaryOptionsTutordotcom, homero15 and 4 others like this

#62 Tripack

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Posted 15 December 2016 - 11:57 AM

True but at least you get paid :)

In order to become successful, first stop doing what unsuccessful people do.


#63 BOedge

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Posted 16 December 2016 - 05:17 PM

Got a message from HighLow about their app so I checked it out. They claim on their google play page that they are "paying-out in excess of a staggering $165,000,000 each month". That's almost $2 Billion per year! That is not trading volume, that is what they pay out. So they claim. And this is only one broker. Looking at the money... I doubt that they will go quietly.



#64 Binary_Scam_Sniffer

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Posted 23 December 2016 - 04:41 PM

Binary options have always been a target of criticism and accusations of fraud and scam. This bad reputation that it gets is from fake brokers and frustrated people who do not understand how to trade properly. Just because there are people who profit illegally from trading or people who do not understand how to trade at all, that doesn’t mean binary options is a scam and must be prohibited.  
The main problem here is fraudulent brokers, who attract naïve people and extort a lot of money from them. These people then complain to higher institutions, hoping for justice. Unfortunately, the brokers manipulate people for such periods of time, that they receive huge amounts of money from the clients, and then disappear. Consequently, people blame the whole system.  Because of these statements, the regulated field of trading has to suffer. CySec is blamed for not being able to regulate the industry and trustworthy brokers lose a lot of potential clients, because they heard about the illegal activity in this domain.
It is truly awful that some countries have already decided to ban binary options trading nationwide, but at the same time we must try to wear their shoes, and understand that it is difficult to regulate such activities, when it comes to a domain that is not fully understood by everyone.
For this period, it is wise to watch the news related to the ban of binary trading, and if the situation develops in a bad way, try to keep an eye on your money and be ready to withdraw them.


#65 Tripack

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Posted 23 December 2016 - 04:51 PM

No need to repeat yourself in several threads.
As usual, everyone else has to suffer because of some abuse.
Just a clarification: Cysec does not regulate the industry, their juridiction is Cyprus only...

In order to become successful, first stop doing what unsuccessful people do.


#66 chalan8

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Posted 06 January 2017 - 06:20 PM

Hi Tripack,

 

How about https://en.highlow.net/ the company is based in Australia? its regulator is  http://asic.gov.au/ . I heard that it is more restrict than Cysec. any thoughts?



#67 chalan8

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Posted 10 January 2017 - 02:30 PM

U.S. to charge three traders in forex rigging probe

 

https://www.investin...:-source-452201



#68 Ede

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Posted 11 January 2017 - 11:35 AM

U.S. to charge three traders in forex rigging probe

 

https://www.investin...:-source-452201

 

Nothing to do with banning binary options.



#69 chalan8

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Posted 11 January 2017 - 12:31 PM

Nothing to do with banning binary options.

I just shows how the industry plague with manipulation and unfair business practice



#70 ericstrouse

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Posted 15 January 2017 - 11:52 PM

I don't see Binary Options getting banned due to the fact that a lot of huge huge brokers involved. They'll get necessary regulatory, cut the aggressive marketing approach and be more like Forex. 



#71 shaileshm

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Posted 17 January 2017 - 06:43 PM

There is crowdfunding going on to stop binary option trading. Check this out.

 

https://www.gofundme...stopbinaryfruad


Walking in Zen. Sitting in Zen. Trading in Zen.





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