CySEC considers banning binary options altogether | Forex Factory

  • CySEC considers banning binary options altogether

    From forexbrokerz.com

    The Cyprus Securities and Exchange Commission (CySEC) considers banning binary options trading altogether, reported Finance Magnets. The online media cited CySEC Head, Demetra Kalogerou, who delivers a speech at the iFX Expo International 2017 on Thursday. The Cypriot financial watchdog is still conducting consultations on the matter, but highlighted the main problems with binary options: non-transparent pricing and conflict of interest. That is why the commission considers that probably “It will be more appropriate to suggest binary options only to professional traders,” as stated by Demetra Kalogerou. Miss ... (full story)

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rolan49
May 26, 2017 2:41am
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I already banned CySEC 5 years ago.....including their listed brokers.
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NorthernFX
May 26, 2017 2:25am
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Short Instagram, Gold, and Lamborghini.
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earlylearner
May 26, 2017 3:05am
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the problem is that the brokerage firm does not pay out when you try to withdraw your winnings.
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BlackNapkins
May 26, 2017 3:44am — Edited
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Hey beauty, how about IronFX ...? everythings ok... am I right?
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flyingmac
May 26, 2017 3:07am
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Soooo... CySec recons BO as a scam but yet they are trying to plug in some rules to keep it going... This is a fu***ed up world
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amarkal7
May 26, 2017 4:36am
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Who trades binary option anyway???...no leverage, no ECN...no nothing....you'd as well donate your money
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Trader#F333
May 26, 2017 2:09pm
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You didn't 'LOST' any money you just 'Donated' it to them. I knew Binary Options was a scam after watching YouTube videos 'how easy is it to make money'. All these Scam videos like 'Oh look I trade Binary Options while waitig for lights to go Green'. What a JOKE..LOL Remember, if its easy to participate then it is TEN times more easier to loose (donate) your money. Also, before opening an account and depositing any money research withdrawal options, read fine print, research if they are compliant (e.g. have Financial Services Licence, copliant in Finance industry). Anyways, good luck :o)
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Trader#DCCB
May 26, 2017 1:03pm
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I'm very disappointed, I lost to much money
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