Jump to content


Next High Impact Market News Event:
Retrieving events...

Toggle shoutbox The Traders Chat Open the Shoutbox in a popup

@  shaileshmn : (11 December 2018 - 07:44 AM) a beaautiful trade i took now. should be a win
@  shaileshmn : (11 December 2018 - 07:44 AM) https://imgur.com/a/zMGCGv3
@  Bigindoda : (11 December 2018 - 07:21 AM) liverpool :wub:
@  traderpusa : (10 December 2018 - 07:28 PM) history repeats itself.
@  thahot1 : (10 December 2018 - 07:17 PM) @shaileshmn Banned for long time trolling
@  thahot1 : (10 December 2018 - 07:16 PM) @shaileshmn u got banned now u are back all u did was added the letter n to your name....what a shame
@  traderpusa : (10 December 2018 - 06:43 PM) good morning
@  shaileshmn : (10 December 2018 - 10:58 AM) 3-0 for today
@  shaileshmn : (10 December 2018 - 10:17 AM) hope it turns out profitable
@  shaileshmn : (10 December 2018 - 10:17 AM) a call
@  shaileshmn : (10 December 2018 - 10:17 AM) https://imgur.com/a/qqqt1Sj
@  shaileshmn : (10 December 2018 - 09:25 AM) 5 min BO put
@  shaileshmn : (10 December 2018 - 09:25 AM) https://imgur.com/a/O4JQxK2
@  shaileshmn : (10 December 2018 - 09:10 AM) https://www.msn.com/...rnor/ar-BBQKDCO
@  shaileshmn : (10 December 2018 - 09:00 AM) just in case someone wants to short the indian markets
@  shaileshmn : (10 December 2018 - 08:59 AM) https://www.msn.com/...s-rbi-governor/
@  jesusrcc : (10 December 2018 - 08:36 AM) no brexit vote tomorrow https://www.theguard...ningful-vote-eu
@  Bigindoda : (10 December 2018 - 08:07 AM) dont like to scalp 5-10 pips.
@  Bigindoda : (10 December 2018 - 08:04 AM) good job mowgli i am still waiting
@  Mowgli : (10 December 2018 - 07:55 AM) @bigindoda thats y i short bro.

Photo

Binary Options Europe


  • Please log in to reply
249 replies to this topic

#1 andrewkeet

andrewkeet

    Member

  • Members
  • PipPip
  • 55 posts

Posted 18 December 2017 - 07:24 PM

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



#2 skyler

skyler

    Member

  • Members
  • PipPipPip
  • 521 posts

Posted 19 December 2017 - 06:12 PM

Binary Options in Europe will be banned?


  • zeeshan ali likes this

#3 SteveCandiski

SteveCandiski

    Newbie

  • Members
  • Pip
  • 6 posts

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

Tripack

    Trader

  • Moderators
  • 2,435 posts

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 ...


  • let likes this

#5 Tripack

Tripack

    Trader

  • Moderators
  • 2,435 posts

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.


  • singu likes this

#6 faryne

faryne

    Member

  • Members
  • PipPip
  • 100 posts

Posted 23 January 2018 - 07:43 AM

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



#7 Mitch

Mitch

    Member

  • Members
  • PipPip
  • 18 posts

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?


  • Tripack and nitrousr8 like this

#8 Tripack

Tripack

    Trader

  • Moderators
  • 2,435 posts

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

Mitch

    Member

  • Members
  • PipPip
  • 18 posts

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

ameint

    Member

  • Members
  • PipPip
  • 88 posts

Posted 27 March 2018 - 01:45 AM

Goodbye Binary Options ESMA Decision 27.03.2018

 

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


  • traderpusa and singu like this

#11 jesusrcc

jesusrcc

    Member

  • Members
  • PipPip
  • 131 posts
  • LocationAsturias - Spain

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


  • nitrousr8 likes this

#12 Devastator

Devastator

    Member

  • Members
  • PipPip
  • 29 posts

Posted 27 March 2018 - 06:37 AM

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



#13 MXBO

MXBO

    Member

  • Members
  • PipPipPip
  • 503 posts

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

seanair

    Member

  • Members
  • PipPip
  • 61 posts
  • LocationHome away from home.

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

MXBO

    Member

  • Members
  • PipPipPip
  • 503 posts

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

danyroad

    Member

  • Members
  • PipPip
  • 188 posts

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...


  • Tradista, niedzius and let like this

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


#17 MXBO

MXBO

    Member

  • Members
  • PipPipPip
  • 503 posts

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

jesusrcc

    Member

  • Members
  • PipPip
  • 131 posts
  • LocationAsturias - Spain

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.


  • niedzius, let, nitrousr8 and 1 other like this

#19 seanair

seanair

    Member

  • Members
  • PipPip
  • 61 posts
  • LocationHome away from home.

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

TraderPro2012

    Newbie

  • Members
  • Pip
  • 1 posts

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.






0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users


USA REGULATION NOTICE: There are many binary options companies which are not regulated within the United States. Most of these offshore companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA).

It is our STRONG opinion that you do not operate with any unregulated brokerage firm as they may steal or try to scam you out of every dime you have. Please take notice that any unregulated trading activity by U.S. Citizens should be considered unlawful.

Risk Disclosure: Binary Options Edge does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading binary options are high and may not be suitable for all investors. Binary Options Edge doesn't retain responsibility for any trading losses you might face as a result of using the data hosted on this site. The data and quotes contained in this website are not provided by exchanges but rather by market makers. So prices may be different from exchange prices and may not be accurate to real time trading prices. They are supplied as a guide to trading rather than for trading purposes.