3/5/ · The scope of the potential CySEC Binary Options ban is still unclear. However, if CySEC were to ban Binary Options, it would likely push the binary options scammers to offshore jurisdictions. We believe that regulators should give correct regulatory status for Binary Options brokers 3/10/ · July 1, it became known that ESMA ceases its temporary ban on marketing, advertising and the sale of “binary options” for retail customers from the European Union. Definitely, this is a mutual reason for joy for both unprofessional traders and trading platforms from the European Union 27/3/ · The agreed measures include: 1. Binary Options - a prohibition on the marketing, distribution or sale of binary options to retail investors; and. 2. Contracts for Differences - a restriction on the marketing, distribution or sale of CFDs to retail blogger.com restriction consists of: leverage limits on opening positions; a margin close out rule on a per account basis; a negative balance
ESMA agrees to prohibit binary options and restrict CFDs to protect retail investors
Will CySEC ban Binary OptionsCySEC chair Demetra Kalogerou suggested in her iFX expo Cyprus speech? Or it is just another word with no action back up? In her speech during the iFX Expo Cyprus, Mrs. Kalogerou commented that CySEC is considering banning Binary Options.
Direct Response, Regulation, Blockchain and much more. Moreover, some of the top representatives of Cypriot financial sector have shared their views on a modern financial world.
The Chairwoman of the Cyprus Securities and Exchange Commission CySECDemetra Kaloregouhas also attended the event, ban binary options. Kalogerou has emphasized in her speech that CySEC is striving to ensure high quality and ban binary options investments across the market. She has added that CySEC is developing a special mechanism to scrutinize marketing and activate complex financial instruments.
Kalogerou has continued:. Continuing her speech, CySEC chair has commented her opinion about the CySEC Bonus ban circular. Kalogerou has added:. She has stressed the importance of understanding the difference between fair and aggressive marketing. According to her comments, CySEC will look into monitoring and intervention of the financial products. CySEC head also highlighted that the regulator will introduce stricter rules on firms that offer complex investments.
She noted:, ban binary options. Those who want to raise leverage will have ban binary options make sure the client ban binary options a test and is not trading with sums that exceed their funds.
Kalogerou has outlined the main problem with Binary Options in Cyprus. Specifically, she stated that the conflict of interest and non-transparent pricing practices appear as the key issue within the sector.
Overall speaking, ban binary options, the binary options regulation limbo has enabled many bucket shops operate aggressively. Ban binary options, some of these under-regulated entities have used the Financial Product name so much that now, Forex industry is in question as well.
Most of these entities would push their limits to such ban binary options that, they would try to partner with leading media agencies or sporting entities. Of course, promoting a product is not against the law, ban binary options, however, ignoring the risks and painting a vision that such risky product is a once in a lifetime opportunity, is against the law. To cut it short, ban binary options, most of the Binary Options promotion is playing with the greed urge of the users.
End result? People lose all of their investment, and in some extreme cases, ban binary options, they even consider ending their life, ban binary options. An example of such tragic event would be a Canadian trader killing himself after 23Traders lost all of his money. Demetra Kaloregou stated that it is quite possible that the Binary Options products might be offered only to professional traders, considering the riskiness of this investment type.
Moreover, she has added:. However, the question here is that, why would a professional trader trade binary options? Would the Binary Options Scam go offshore if CySEC bans Binary Options? The scope of the potential CySEC Binary Options ban is still unclear. However, if CySEC were to ban Binary Options, it would likely push the binary options scammers to offshore jurisdictions.
We believe that regulators should give correct regulatory status for Binary Options brokers. This view of ours is especially due to the background of Binary Options traders. Binary options traders are often from the non-finance background. Most of the cases, Binary options traders are attracted to trade via an affiliate in the process.
These affiliates also ignore the riskiness of the highly risky Binary Options. Meanwhile, Demetra Kalogerou has also stressed the importance of the upcoming MiFID II regulations. She stated:. In the end, CySEC chair has talked about Fintech and Blockchain — two trends that are at their peak right now. She stated that the regulator is now developing the framework for the supervision of these technologies. Will CySEC ban Binary options or it is just another wordy commentary?
Of course, I am not able to come to a conclusion on this subject. However, given so many Binary options fines and warningsregulators must come to ban binary options common agreement soon or later. Will CySEC ban Binary Options? What is your vision? Let us know in the comments section below. Publish on AtoZ Markets, ban binary options. Get Free Trading Signals Your capital is at risk. close ×.
BEST BINARY OPTIONS BROKER FOR THE U.S?
, time: 13:56What is the impact of the FCA's ban on binary options?
1/4/ · The ban on distribution and issuance of binary options trading services (to retail users) will take full effect from the 3rd May. The agency has estimated that around $ million have been lost by retail traders in binary options in alone The ban on binary options for retail clients and the restrictions on retail trading of CFDs mirror the protections introduced in some other overseas financial markets. While both product intervention orders will remain in force for 18 months, it is not yet certain whether the orders will be made permanent or extended when they reach expiry 1/6/ · A European Union ban on "binary" options sales to retail customers will come into force on July 2, with restrictions on sales of contract for differences (CFDs) starting a month later, the bloc's
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