Yeah, very easy to give %s without evidence.
Can give many regulated ones in and outside the US. Can't go further about their intention of cheating in the future though!
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Where can I learn binary options
- Thread starter Azlan00IM
- Start date
Yeah, very easy to give %s without evidence.
Can give many regulated ones in and outside the US. Can't go further about their intention of cheating in the future though!
FxMaster
Colonel
- Messages
- 12,293
What evidence you need to give them % ?
We are Experienced trader and we know whats going on now a days in market.
Careless of the %, however the 98-100% not true. Maybe 75%? My idea, when there are 25%(suppose) of BO brokers regulated, why choose the unregulated.
Okay, there might happen conflict with a regulated broker if in BO or Forex from time to time, I can't guarantee a regulated broker will not trick clients, but there's a regulator to complaint to. For me, can feel when broker start cheating, withdraw money. Regulated or Unregulated broker not a big difference when some regulatory bodies deal some regulated brokers as untouchable. This is why NFA CFTC are the Best.
Pharaoh
Brigadier General
- Messages
- 20,310
A lot of them are "regulated" in Cyprus and even less strict jurisdictions.
If anyone really wants to play with binaries (which I still advise against), stick to US, Swiss (wow - can't believe the Swiss got into this) and FULLY UK regulated (not passported from Cyprus or elsewhere.
If anyone really wants to play with binaries (which I still advise against), stick to US, Swiss (wow - can't believe the Swiss got into this) and FULLY UK regulated (not passported from Cyprus or elsewhere.
Hi. I'm from Singapore and I want to learn binary options trading. I'm looking for a no-nonsense site that offers good binary options trading basics and advanced techniques. I do have some platforms in mind but I would be glad if someone can mention some names. I just want to be assured that I will be dealing with an honest broker that can make me at ease with my money. I will be glad to listen to your suggestions. Thank you.
Wow, this is scary. Finding a really trustworthy binary options trading platform must require great detective talent.
Brian Shaw
Highly suspicious person
- Messages
- 18
If you know what you're doing, you don't need to be scared. We are here for some reasons and one of them is to know which trading platforms are fake.
Being a perfect opening for newbie BO brokers has easy and attracting platform with ultimate set of functions (call, put, double, etc.) Note, that it requires far less trading margin as you don't purchase the asset directly but buy derivative contract with earnings yield riding on the likelihood of price hits certain level (expire "in the money" or "out"). Before poking in, get a clue about how the option contract works, what is the strike price and premium, price of the option and its connection with volatility of the market (also known as Black-Scholes equation). Here are free resources you can find even more:
Binary Option Definition | Investopedia
https://en.wikipedia.org/wiki/Option_(finance)
Video Tutorials | Option Trade | Binary Options Trading | The Reliable Option
Webinars | Option Trade | Binary Options Trading | The Reliable Option
But for my broker tutorials and webinars I would still marking time drifting thorugh forums and grumbling about its scam nature.
Best of luck!
You see, not just me believe that BO concept is not Scam, also Swiss Banks are on my side
Reminded me of FCA regulated broker IG.com but just for UK Citizens, and another folk on my BO thread mentioned etxcapital.com regulated by the FCA.
Pharaoh
Brigadier General
- Messages
- 20,310
Casinos are not scams by default. Binary Options are not scams by default. Both are bucketshops by default. Online casinos are much more likely to be scams than physical casinos in areas where they are legal and regulated.
A tiny number of the hundreds (thousands?) of binary casinos are getting regulated. One or two Swiss banks (who have verifiable physical addresses to go with their websites) decided to test the waters and see if people who are bad at math will lose more those few who can beat the odds can win.
This still leaves the vast majority of binary brokers as unregulated or grossly under-regulated. Most of those list only a virtual office or even no physical address at all. The number of complaints against these companies makes it plain that a very large percentage of them are not just stacking the deck, but are fully deposit only.
If you do want to play with binaries, stick to those well-regulated ones. I know the NFA and CFTC will be keeping an eye on Nadex, the only US regulated binary broker. Dukascopy would never risk their reputation, so will pay traders even if their binary operation posts losses. I have yet to see how the FOS and FCA will handle a complaint in the UK. Their track record on forex complaints is mixed.
A tiny number of the hundreds (thousands?) of binary casinos are getting regulated. One or two Swiss banks (who have verifiable physical addresses to go with their websites) decided to test the waters and see if people who are bad at math will lose more those few who can beat the odds can win.
This still leaves the vast majority of binary brokers as unregulated or grossly under-regulated. Most of those list only a virtual office or even no physical address at all. The number of complaints against these companies makes it plain that a very large percentage of them are not just stacking the deck, but are fully deposit only.
If you do want to play with binaries, stick to those well-regulated ones. I know the NFA and CFTC will be keeping an eye on Nadex, the only US regulated binary broker. Dukascopy would never risk their reputation, so will pay traders even if their binary operation posts losses. I have yet to see how the FOS and FCA will handle a complaint in the UK. Their track record on forex complaints is mixed.
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