Binary Scams News

The final days of Binary Options in Europe

The current restructuring of the market could see the last days of Binary Options in Europe. On December 15th, 2017, the European Securities and Markets Authority (ESMA) made a major step towards safeguarding the stability of the European Union’s financial system, by publishing a statement pointing to the serious concerns around clients’ protection, when it […]

FCA against binary options in post-Brexit UK

As announced by The Times of Israel, the newly voted ban gives binary options fraud perpetrators three months to close down their businesses or face jail. The Jerusalem Post publicises: the Knesset votes to ban binary options industry. While the ban of binary options and its related activity by the State of Israel, sets the […]

Binary Options Lawsuits Accelerating

One of the hallmarks of Binary Options trading sites is the way they go to great lengths to obscure their true nature. They hide their location, real identity, and most importantly bury important policies in mountains of “legal” language to hide the fact that they are set up in a way to take your money […]

Is there such a thing as a “Good" Binary Option Company”?

The simple answer is No! From Myself and Rebecca’s years of experience and our on-going investigations we have uncovered many truths that may shock and surprise you. Do the prices on the Binary platform match the market ? The closing price of any trade that you open will always be market price. The price that […]

Who will be next to ban Binary Options?

The Israeli Financial Services Authority gave a 30 day notice to brokers providing the contracts in Israel, before a ban on binary options is activated. This action followed by the Canadian authorities who declared a warning on trading Binary Options. “Canadians are exposing themselves to the high risk of identity theft and fraud when signing […]

Cysec fined SpotOption Exchange Ltd 10,000 Euro.

The Board of the Cyprus Securities and Exchange Commission (the ‘CySEC’) wishes to inform investors that, at its meeting held on December 14, 2015, the CySEC decided to impose a total administrative fine of €10.000 on the CIF SpotOption Exchange Ltd (‘the Company’) for non-compliance with the following the Investment Services and Activities and Regulated […]

Binary options and Fraud – Investor alert!

The SEC’s Office of Investor Education and Advocacy and the Commodity Futures Trading Commission’s Office of Consumer Outreach (CFTC) are issuing this Investor Alert to warn investors about fraudulent promotion schemes involving binary options and binary options trading platforms. These schemes allegedly involve, among other things, the refusal to credit customer accounts or reimburse funds […]