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Tag: binary options

ESMA bans binary options, sets restrictions on CFDs for retail clients

Mar 27 2018 10:25:53 Jonathan Smith in Market

The European Securities and Markets Authority (ESMA) announced three-month ban on the marketing, distribution or sale of binary options to retail investors and a set of restrictions on CFDs offered to the same type of clients. Read more

FCA: Brits lose GBP 87 000 to binary options scams per day

Feb 02 2018 09:16:33 Jonathan Smith in Market

 Brits lose an average of GBP 87 000 a day to binary options scams, said UK’s financial services watchdog the Financial Conduct Authority (FCA) in its latest advisory. In the publication the FCA urges the public to be vigilant to the threat of online investment fraud. Read more

Facebook bans cryptocurrency, ICO, binary options ads

Jan 31 2018 08:04:08 Jonathan Smith in Market

Facebook is banning the ads of cryptocurrencies, including bitcoin, initial coin offerings (ICOs) and binary options across its network and partnering sites, said the company in a blog post. Read more

FXCM, IG Group support ESMA's restrictions on leverage, binary options, but also voice concern

Dec 19 2017 15:46:33 Jonathan Smith in Market

Some of the largest regulated forex brokerages in the world – FXCM, IG Group, Gain Capital, CMC Markets, Plus500 - have expressed their general support for the intentions of the European Securities and Markets Authority (ESMA)  to impose new restrictions on the industry in order to better... Read more

UK’s FCA to regulate binary options brokers from 2018

Nov 15 2017 08:06:00 Jonathan Smith in Market

 UK’s Financial Conduct Authority (FCA), which is in charge of the financial markets and financial services providers in the country, including forex and CFD brokers, announced that from January 3, 2018 it is taking over the regulation of the binary options brokers, as well. Read more

Israeli parliament bans binary options industry

Oct 24 2017 10:13:41 Jonathan Smith in Market

Israel's parliament, the Knesset has finally passed the law banning the binary options industry, reports The Times of Israel. By a vote of 53-0, the 120-member legislature forbade the industry to operate from within the country and offer its products abroad. Read more

London police raids binary options brokers, as client losses mount

Oct 20 2017 08:30:19 Jonathan Smith in Market

 The City of London Police, along with representatives of the Financial Conduct Authority and the HM Revenue & Customs (HMRC) have “visited” the offices of 20 binary options brokerages in the City this Tuesday, the police said. Read more

Canada explicitly bans binary options

Sep 28 2017 12:50:45 Jonathan Smith in Market

The Canadian Securities Administrators (CSA) – the body unifying all regional financial markets and services regulators – has announced the implementation of Multilateral Instrument 91-102 Prohibition of Binary Options. Read more

Binary options app for Android is now available to Grand Capital’s clients

Aug 25 2017 11:12:22 Jonathan Smith in Brokers

It is not a secret that the number of traders who prefer to trade on the go through their mobile phones increases every year. Trying to keep up with that market trend, forex and binary options broker Grand Capital has launched binary options trading on Android mobile devices. Read more

Recovery room scams – the ugly spawn of binary options fraud

Aug 08 2017 13:38:33 Jonathan Smith in Market

 It is no secret that more often than not the binary options brokers, particularly the unregulated ones, are a scam and exist with the sole purpose of defrauding thousands of unsuspecting clients out of millions. Read more

Israel top cop admits organized crime behind binary options, Knesset to pass bill next week

Aug 08 2017 07:54:57 Jonathan Smith in Market

 Israeli crime syndicates have been profiting from the binary options scams, Gabi Biton, a police Superintendent investigating financial fraud and money laundering told a Knesset panel, quoted by The Times of Israel. Read more

ASIC contacts Apple and Google to remove unlicensed binary options mobile apps

Aug 02 2017 08:31:07 Jonathan Smith in Market

The Australian Securities and Investments Commission (ASIC) said on Tuesday it has contacted Apple and Google in relation to the numerous mobile binary options apps, illegally targeting Australian investors. Read more

Grand Capital revamps binary options web trading platform

Jul 28 2017 07:18:23 Jonathan Smith in Brokers

 Forex, CFD and binary options broker Grand Capital announced it has upgraded its web trading platform for binary options to make it more user-friendly for novice traders. Read more

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