Is Binary Options Trading Legal?

5 stars based on 33 reviews

There seems to be a war against binary options trading of late. At the moment, several Forex and financial regulators either completely banning the trade or, at least, discouraging it. In the warning, the MAS warned the public against trading binary options, whether with a regulated or unregulated broker. The statement informed Singapore residents that trading with the instrument could cause huge losses or even a complete loss of their investment.

Right now, any trader who suspects fraudulent activities by their broker may contact the police and they shall assist to crack down on the suspected broker. These are all legitimate reasons, because as we all know, binary options trading, just like trading any other financial instrument carries a huge risk. Despite being only a warning and not actionable, the action will still have an impact on the industry.

Keep in mind that the MAS has not completely shut down binary options, so the industry is still active. The main impact will be the reduction in new customers signing up with binary options brokers. Binary transparency and regulation of binary options in singapore have a long history dating back some 40 years when they were introduced as a simpler way to trade commodities. Since the global financial crisis between andthough, binary options suddenly became increasingly popular.

Since then, the industry has grown tremendously and become almost as popular as the Forex trading industry. Now, with the regulatory transparency and regulation of binary options in singapore against binary options going, you will see traders shifting to other trading instruments while reducing the number of new customers. Transparency and regulation of binary options in singapore is exactly what the financial regulators are trying to do.

This warning by MAS is only the first shot at the binary options industry, and the next course of action may be the complete ban of the trade. Already, Israel has a bill aimed at banning binary options in the country, one which seems very likely to pass, while Netherlands transparency and regulation of binary options in singapore advertising binary options. The war is already on, and we can assume the binary options industry is already bleeding.

Some pundits believe that binary options may only be a fad and that the current war against binary options may finally put it down. Stay up to date with the financial markets everywhere you go.

In a statement by the MAS, they stated that the warning was spurred by: What impact does this have on the industry Despite being only a warning and not actionable, the action will still have an impact on the industry. Comments 0 comment s Click here to cancel reply. Get the most recent news at your inbox Stay up to date with the financial markets everywhere you go.

Sign up for updates. View ICO See whitepaper. ZCoin Analysis - What a reversal! Feathercoin Forecast - 0. Bitcoin Cash Analysis - Neckline worked like a charm. Blocktix TIX ; the altcoin that seeks to disrupt the ticket hosting industry. Get the most recent news at your inbox.

Best stock market trading site

  • Binary options scams archives binary options gorilla compare options brokers elitemarkets

    Trading options gut straddle strangled

  • 2017 best of list top binary options brokers accepting usa customers

    How confident to trade the binary options profitably and webkins interactive trading cards

Forex bank valuuttalaskuri dubai

  • Choosing the best binary options brokers with low minimum deposit

    Graffico binare optionen

  • Borsa forex trading finanza

    Binare stellenbosch

  • How to make money trading cryptocurrency 2017

    Convert sql binary to image online

Superoptions super plan

37 comments Axis broker trading platforms

Grandoption review regulated binary options platforms

Find out more about how your age affects your monthly CPP payment. Generally, the shorter your time horizon, the lower your risk tolerance. Learn about some factors that can affect time horizon, and some examples of investments for different time horizons.

If you can afford it, a good strategy is to contribute as much as you can to both. But if you have to choose one over the other, make sure you understand how they differ and make your choice based on your own individual financial and tax situation.