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The world of binary options is synonymous with scams. In fact in any industry where money is involved, very quickly scammers will emerge. These people will look for ways in which to extract money from anyone unlucky enough to cross their path. Of course it is not only stupid people who get scammed. The saying that a ‘fool and his money are easily parted’ is only half the truth. Intelligent people are as likely to succumb to clever schemes designed to part them from their money. It is however important to…

Binary Options have generated a bad reputation over the years. This is mainly due to the fact that the industry was largely unregulated for many years, and some countries thought of Binary Options as of gambling. This all changed when the industry finally gained regulation in the last couple of years.  Many of you have been questioning the transparency of IQ Option, so let’s talk about how CySEC, in particular, ensures we comply with the legal requirements. License here. What is CySEC? CySEC stands for Cyprus Securities and Exchange Commission. CySEC…

Even though CySEC is known as the EU regulator, some countries prefer more localized regulatory approach. For example, French AMF is the main regulatory body in France, with the somewhat hostile attitude towards binary options. After multiple scam brokers used promotions and bonuses to take money away from traders, they simply banned binary options and forex advertising. But did this solve the problem of unathorized bonuses and bonuses with bad terms and conditions? No. As always when it comes to restrictions, regulated brokers were the ones who paid fines and had…

It is all too easy for new and old traders alike to become obsessed with charts, indicators, strategies, signals and profits. Along the way, even before you get started, it is wise to address security issues so no unwanted intrusions or loss of data interrupt a great trading session. The bottom line is that Internet security is a serious business, and even more serious when considering your binary options account. The number one thing to remember is that the security of your system, your connections and your trading is your…