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@  ritikdokania23 : (21 October 2018 - 07:34 AM) buy sell indicator
@  alpha24 : (21 October 2018 - 01:09 AM) @ David thanks opened new thread let us see any coder helps me.
@  manfloy : (20 October 2018 - 09:42 PM) https://gyazo.com/5e...e496d222c4655c4 , as we see from the picture once G3 (FED, ECB, BOJ) stop printing all around the world are going to hell man, it's time for recession ?
@  manfloy : (20 October 2018 - 09:40 PM) that is sick lol, where do we go frankly ????
@  manfloy : (20 October 2018 - 09:39 PM) https://gyazo.com/5f...2247c8ca2ee268c
@  manfloy : (20 October 2018 - 09:33 PM) doesn't look good for now, emerging makets are still down, FED cutting more and more money printing, if they where printing hard years back now they just sell off around 30Bullions from 2018 and slowly increase the amount at the end of the year they are planning to sell off around 50Bln monthly stop reinvesting precentage as well, i am thinking how the monetary system will react if we calculate the latest Vienna ECB meeting then we know that ECB going to cut down the money printing by 15bln monthly and stop printing at the end of 2018, but they still keep the re-investment % which means the FED cut 50bln monthly and ECB adding around 15bln monthly then we've got very big troubles,China can't add the liquidity bcs they are absorbing their own liquidity, BOJ as well are flat on printing money, where are going down down down to the hell lol
@  traderpusa : (20 October 2018 - 07:49 PM) Hi David. Sat night for you, sun morning for me lol
@  David : (20 October 2018 - 07:32 PM) gm traderpusa
@  traderpusa : (20 October 2018 - 06:22 PM) Good morning
@  David : (20 October 2018 - 06:13 PM) @alpha24 Probably should just make a thread, im going to make a sub forum for it for you
@  alpha24 : (20 October 2018 - 02:18 PM) any coder here? want little help
@  ishan007 : (20 October 2018 - 09:41 AM) :D
@  ishan007 : (20 October 2018 - 09:41 AM) I think traders chat is mainly built just to greet the day
@  Riri : (19 October 2018 - 10:04 PM) good morning :)
@  Riri : (19 October 2018 - 10:02 PM) disipline
@  Riri : (19 October 2018 - 10:02 PM) billkay
@  traderpusa : (19 October 2018 - 07:04 PM) good morning
@  ishan007 : (19 October 2018 - 12:16 AM) :) :P
@  traderpusa : (18 October 2018 - 09:22 PM) good morning
@  igik : (18 October 2018 - 06:51 AM) forex entry point

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249 replies to this topic

#1 andrewkeet

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Posted 18 December 2017 - 07:24 PM

https://www.esma.eur...-binary-options



#2 skyler

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Posted 19 December 2017 - 06:12 PM

Binary Options in Europe will be banned?


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#3 SteveCandiski

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Posted 05 January 2018 - 08:09 AM

I noticed that the binary.com broker is licensed under the MGA, as if it were a gambling site and not a financial instrument (otherwise it would have to have cysec license)

What do you think? Is binary.com untouchable?



#4 Tripack

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Posted 12 January 2018 - 10:22 AM

Mmmm, from what I can see around some brokers are preparing for that so this project could well become a reality ...


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#5 Tripack

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Posted 23 January 2018 - 07:12 AM

Latest update: https://www.esma.eur...-protect-retail

 

Apparently the proposal on leverage would be:

On CFDs:

- 30:1 max on major FX pairs

- 20:1 max on indices

- 10:1 max on commodities

- 5:1 max on stocks

 

On Binary Options:

Simple total ban in EU.


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#6 faryne

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Posted 23 January 2018 - 07:43 AM

That could be a nice protection but this is just unregulated brokers advertising...



#7 Mitch

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Posted 23 January 2018 - 09:22 AM

Here a little bit more: https://www.esma.eur...ail_clients.pdf

In detail, ESMA wrote regarding Binary Options: „In relation to BOs, ESMA is considering a prohibition on the marketing, distribution or sale of binary options to retail clients. ESMA is currently minded to adopt this measure as the significant investor protection concerns relating to this product are due to inherent features of the product that are unlikely to be sufficiently addressed through certain restrictions on the product (e.g. minimum duration contract periods). In particular, the pricing structure of the product means that, on average, investors will experience negative expected returns without providing any clear compensating benefits to retail investors (e.g. the hedging function served by vanilla options). The alternative option of a total ban that would include professional clients is not under consideration due to the lack of evidence of harm to this type of client.“

My question: What is the difference between „considering a prohibition on the marketing, distribution or sale of binary options“ and “The alternative option of a total ban [...] is not under consideration“ ?
Is prohibition on the marketing, distribution or sale of binary options not a total ban?


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#8 Tripack

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Posted 23 January 2018 - 09:33 AM

My question: What is the difference between „considering a prohibition on the marketing, distribution or sale of binary options“ and “The alternative option of a total ban [...] is not under consideration“ ?
Is prohibition on the marketing, distribution or sale of binary options not a total ban?

 

In theory it means that customers may not be approached by such firms. So publicity, sales etc is not allowed. However we have seen with some countries where this applies already that many brokers do not provide services at all to their citizens anymore, unless eventually you are an existing customer.



#9 Mitch

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Posted 23 January 2018 - 10:00 AM

Thanks for the quick reply, Tripack.
I am curious what ESMA will ultimately decide 
and what that will mean for brokers and clients.
 

There are already some effects: https://www.financem...tions-activity/



#10 ameint

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Posted 27 March 2018 - 01:45 AM

Goodbye Binary Options ESMA Decision 27.03.2018

 

https://www.esma.eur...etail-investors


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#11 jesusrcc

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Posted 27 March 2018 - 06:23 AM

It looks esma takes the easier way, banning instead  forcing brokers to comply with regulations and prosecuting those brokers who doesn´t comply with them


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#12 Devastator

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Posted 27 March 2018 - 06:37 AM

Quickly fold super mega profitable strategies, binary options close :D



#13 MXBO

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Posted 27 March 2018 - 06:51 AM

It looks like this is just for EU based brokers/ traders?

 

There should be tons of workarounds outside of EU?



#14 seanair

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Posted 27 March 2018 - 07:12 AM

CqB6Bda.jpg

 

A little background into this post. I served with the Coalition Forces during Operation Desert Storm in 91.

And this was the overnight sensation and famed Iraqi Information Minister under Iraqi President Saddam Hussein then. Muhammad Saeed al-Sahhaf.

Every country needs one of this bloke during crisis. He has the perfect poker face regardless the situation. 

 

When the news feed of the ESMA announcement came out, I called my IQoption account manager. We had a short conversation. At the end of the call, it was Deja Vu all freaking over again. 

All I could think of at that moment was this, then Iraqi Information Minister. This is what the impression, the IQoption account manager gave me. 

Everything is just fine ! ROFL. 

 


  • nitrousr8 likes this

from a seanair,  slàinte mhòr! 

 

Core concept of my trading (These are very similar to how I slay it)

 

https://www.forexfac...ad.php?t=307381

http://www.binaryopt...ersal-analysis/

 


#15 MXBO

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Posted 27 March 2018 - 07:18 AM

CqB6Bda.jpg

 

A little background into this post. I served with the Coalition Forces during Operation Desert Storm in 91.

And this was the overnight sensation and famed Iraqi Information Minister under Iraqi President Saddam Hussein then. Muhammad Saeed al-Sahhaf.

Every country needs one of this bloke during crisis. He has the perfect poker face regardless the situation. 

 

When the news feed of the ESMA announcement came out, I called my IQoption account manager. We had a short conversation. At the end of the call, it was Deja Vu all freaking over again. 

All I could think of at that moment was this, then Iraqi Information Minister. This is what the impression, the IQoption account manager gave me. 

Everything is just fine ! ROFL. 

 

Is IQOption based in EU?

 

Are you based in a EU country?

 

 



#16 danyroad

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Posted 27 March 2018 - 07:20 AM

So, i've learned a lot and they banned it?

 

I think they banned BO because more people start getting into it and they will realize how to make some money at the end.

 

They will not banned it because BO will make u lose money, they will banned it because they do not want you to make money.

 

That's it.

 

Hope there is no such a thing...


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“The best way to end up with $1000 in forex is to start with $2000”


#17 MXBO

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Posted 27 March 2018 - 07:25 AM

What I don't quite understand is here it says "Temporary measure": https://www.fca.org....-binary-options



#18 jesusrcc

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Posted 27 March 2018 - 07:36 AM

It looks like this is just for EU based brokers/ traders?

 

There should be tons of workarounds outside of EU?

yes, EU brokers and EU trade4rs, but...

Probably regulated brokers outside EU will not accept traders from EU.

Unregulated and scammer brokers from over the world will accept everybody, so they will continue doing their business.

¿protecting retail traders? I don´t think so.


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#19 seanair

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Posted 27 March 2018 - 08:06 AM

Is IQOption based in EU?

 

Are you based in a EU country?

 

There is a lot of ambiguity on the based-location of IQoption but I dont care really. I am from Scotland but I am residing in Singapore for a brief moment. I registered with IQoption under the pretext of living in Singapore.

Then once I am done with my visit here, I am heading back to Scotland and not going to touch binary options again.  


from a seanair,  slàinte mhòr! 

 

Core concept of my trading (These are very similar to how I slay it)

 

https://www.forexfac...ad.php?t=307381

http://www.binaryopt...ersal-analysis/

 


#20 TraderPro2012

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Posted 27 March 2018 - 08:09 AM

So, i've learned a lot and they banned it?

 

I think they banned BO because more people start getting into it and they will realize how to make some money at the end.

 

They will not banned it because BO will make u lose money, they will banned it because they do not want you to make money.

 

That's it.

 

Hope there is no such a thing...

 

It always amazes me how stupid some people can be. Do you really believe that?

 

If you make more money, you will pay more taxes first of all. So the will get their portion of the cake too. Why would they be against you. Don´t be stupid.






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