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Banning Binary Options ?


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111 replies to this topic

#101 UltraZoo

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Posted 28 May 2017 - 02:09 AM

Very interesting articles here... make me really think that Binary Options will disappear from the market in close feature... do you also think so?



#102 joe0074

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Posted 28 May 2017 - 03:46 AM

Of course not.

#103 JohnnyMch

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Posted 28 May 2017 - 01:30 PM

Of course not.

 

don't be so sure my friend.. go ahead and look at this article here:

 

http://www.forexnews...ons-altogether/

 

I mean if the CySEC wants to abort giving licenses to binary brokers and ban them completely, what would happen then ?


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#104 shaileshm

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Posted 28 May 2017 - 01:33 PM

don't be so sure my friend.. go ahead and look at this article here:

 

http://www.forexnews...ons-altogether/

 

I mean if the CySEC wants to abort giving licenses to binary brokers and ban them completely, what would happen then ?

 

 

This is interesting. Does cysec has the authority to ban binary options all over the world? Or will it be banned only in Cyprus?


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#105 JohnnyMch

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Posted 28 May 2017 - 01:55 PM

This is interesting. Does cysec has the authority to ban binary options all over the world? Or will it be banned only in Cyprus?

Cyprus is the main regulator of binary options. It cannot literally ban the industry but will stop giving licenses and this will definitely discourage traders to trade binary options. Therefore decent brokers will gradually and eventually remove this type of trading from their platforms, and we're gonna see less and less talk and interest about it.

There will always be brokers, but who's gonna protect the clients if the broker doesn't have any license or regulation ?

I just hope for a little more effort regulating the industry rather than leaving it completely and exposing clients to more fraud.



#106 jesusrcc

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Posted 28 May 2017 - 03:44 PM

Banning binary options instead of looking for ways to force brokers to comply with regulations and to spread information about unregulated brokers to future traders, looks to me the way to avoid the consequences of their own incompetence.

 


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#107 homero15

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Posted 28 May 2017 - 04:47 PM

Banning binary options instead of looking for ways to force brokers to comply with regulations and to spread information about unregulated brokers to future traders, looks to me the way to avoid the consequences of their own incompetence.

That is why we traders in US do not worry about banning BO, cus NADEX is a US regulated exchange and we can trade BO with a peace of mind.


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#108 joe0074

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Posted 28 May 2017 - 09:39 PM

don't be so sure my friend.. go ahead and look at this article here:

 

http://www.forexnews...ons-altogether/

 

I mean if the CySEC wants to abort giving licenses to binary brokers and ban them completely, what would happen then ?

 

It is not gonna happen. CySEC is nothing but crap.


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#109 shaileshm

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Posted 01 June 2017 - 02:48 PM

Secured Options (and InsideOption) owner arrested by Israeli Police

 

http://www.timesofis...rs-confiscated/


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#110 joe0074

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Posted 01 June 2017 - 10:21 PM

I'm not worried about that. 

Not all binary option broker are scams and fruad like Secured Option or Banc de Binary.

Do some research to find the good one.



#111 chalan8

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Posted 02 June 2017 - 10:29 AM

It is not gonna happen. CySEC is nothing but crap.

You are right about CySEC. It is the best that each country has regulation for BO brokers to do business according to do rule of the law. Such as USA and Australia....  CySEC license means shit when Banc de Binary and other so called licensed BO brokers by CySEC take advantage of traders


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#112 holli

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Posted Today, 03:45 PM

The point is that officially it is impossible to ban BO, this activity is not governed by law in many countries.






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