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The growing number of frauds in the binary options industry led to many people complaining to local financial regulators in France, Belgium and the UK. These countries are still part of the EU, and CySEC-regulated brokers are supposedly allowed to operate in all EU member states, but this is no longer the case.

CySEC had to make a move to save its reputation as a leading financial regulator in Europe. In JanuaryCySEC proposed changes in the regulatory obligations of companies providing binary options to retail traders.

The changes covered different parameters in terms of advertising, trading software, price quotes and duration of contracts. CySEC rules state regulated brokers must stop offering welcome promotions to clients in the form of bonuses and risk-free trades.

This measure was expected to obstruct the wild hunting for new customers. On the 1st of June, the proposed changes became fact. When you look at the new cysec new regulations does the watchdog protect traders from scams binaryoptionspostcom, one is clear: CySEC is trying to regulate the affiliates rather than the brokers. The Cyprus commission, headed by Ms. Demetra Kalgerou, has spent six months in creating a blacklist of keywords for affiliates. Strange enough the list includes the keyword CySEC!

Please, 'splain it to me, why? The watchdogs in Canada and France usually warn traders of potential scam brokers. CySEC is probably the only watchdog warning cysec new regulations does the watchdog protect traders from scams binaryoptionspostcom about the brokers under its own jurisdiction. If you read the numbers, you know the binary options industry is driven by the affiliates. Instead of only regulating advertising and affiliates, CySEC probably should have been taking actions to cooperate with independent price providers.

It would have been a job well done if the regulator had guaranteed brokers do not manipulate price quotes on the platforms. The attempt to remove 60 second options and to fix minimum contracts for 5 minutes was an approach in the right direction. That would have reduced the gambling attitude and addiction to binary options trading. CySEC is not able to guarantee a safe environment for traders, and it is obvious now the watchdog is trying to kill binary options.

The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. He has no business nor personal relationships with any mentioned government cysec new regulations does the watchdog protect traders from scams binaryoptionspostcom or stocks. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion.

Skip to main content. Does the watchdog protect traders from scams? You are here Home. Is CySEC tightening regulations? Advertising CySEC rules state regulated brokers must stop offering welcome promotions to clients in the form of bonuses and risk-free trades.

Fixed strike price Minimum of 5 minute expiry time Sell back option. Affiliates are turning to unregulated brokers If you read the numbers, you know the binary options industry is driven by the affiliates.

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Sorry to burst your bubble, but this industry is not free of scammers and people who are just hunting your money under the guise of being your friends. Are binary options gambling? We consider that both entirely false and entirely true. Canada financial regulators play a crucial role in overseeing, regulating, and protecting the interests of people involved in the financial industry in one way or another. The assets listed in this article are some of the most traded assets in Canada.

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The economic and financial industries are very complex. These websites are some of the best sources of information for financial data and news and will certainly keep you well-informed. This list of top business schools in the UK will allow prospective students to acquire a perspective on the top schools in the country and strive toward gaining admission to one of them.

Trading is a volatile business, where slight fluctuations in the market can make a person go from rags to riches or vice versa. However, by studying the market thoroughly and by forecasting, traders can and do make wise investment decisions that pay them off well. The world of business and finance is an intricate one, where even the slightest fluctuations can translate into millions, or even billions, in worth. The handpicked collection of websites in this article has been created with this in mind.

Skip to main content. If you read the numbers, you know the binary options industry is driven by the affiliates. One of the largest binary brokerages, Banc de Binary, just recently winded down its business and left the industry shaking.

The million dollar company decided to stop providing binary options due to regulatory constraints. France recently banned binary options advertisement, and Belgium completely banned retail online trading in forex and binary. There are rumors that the Netherlands will also create restrictions on that matter.

Traders are asking what is next. Will binary trading be completely forbidden? Here are the top 5 Canadian financial websites for all your informational needs. List with some of the most popular and widely traded assets on the London Stock Exchange.

Do you stop trading because of the volatility? Does the volatility fear you? The rating agencies making their rating, often support or weaken the asset currency, commodity. We analyzed how the rating agencies influence the market and how you can use their ratings trading binary options.

Here are some tips which can help you trade Ladder binary options. Some traders avoid them because consider them too risky. They are profitable and allow get super profits. The future oil price is one of the main questions for traders. Different forecasts predict different prices. However, we considered all the factors and made our forecast.