Category: Binary Options Brokers

Daweda Exchange, a binary options trading provider operating under license number 289/16 from the Cyprus Securities and Exchange Commission, has recently launched a native automated trading software for its clients. The system allows for easily engaging the binary options marketplace without the need for active maintenance. Daweda Exchange was launched in June 2016 promising a peer-to-peer model where the buyer and seller act as counterparties to the trade without the involvement of a broker. It developed its own trading platform and its own orderbook in order to provide clients with “true market exchange…

There are a lot of reasons to switch brokers. Some do it very often, and some do it only once. Whatever the reason, here are the steps you need to take to switch brokers. If you take these 3 steps in the order presented here, everything will be fine. Step 1: find a good new broker Don’t throw away your old shoes before you get new ones is a popular saying, and it is as applicable to shoes as it is to brokers. Okay, maybe you can do a couple…

SpotOption, is organizing a lobby group for the controversial industry as it finds itself under attack by regulators in different markets. SpotOption has been working on this matter for months now and today it will hold a forming meeting with other regulated binary options firms in Nicosia, Cyprus. The binary options industry has a number of pressing issues it would want to tackle by working together – chief among those are stopping more regulators from placing limits on the activities of CySEC-regulated firms in their jurisdictions and switching focus to fight…

Regulation versus the free market – an eternal fight between cat and mouse with no clear winner and many unexpected twists and turns. One way or another, this is a brief description of pretty much any industry since the birth of laws and regulations centuries ago. When it comes to the financial services industry, regulators are always claiming to be protecting the interests of clients, but many times they are merely protecting the interests of different lobby groups. Other times their actions are inadvertently creating loopholes and new structural problems for…

Popular binary option brokers are not regulated by the SEC or CFTC in the United States. A regulated broker is almost always regulated by the Cyprus Securities and Exchange Commission which is a member of the European Union. Using a regulated binary options broker is not a guarantee that your funds are secure. CySEC is not the same as the US CFTC, and does not offer investors the same level of protection of their funds. It is questionable if CySEC offers protection to traders located outside of Cyprus, although EU…

When you start digging deeper into the world of binary options, you’ll find that there are more brokers out there than you’ll probably visit in a lifetime. Needless to say, most of them aren’t worth a visit, as you can read in our article on binary options brokers. If you want to know which ones aren’t worth your time, you can also visit our broker blacklist (and please, add a broker if you know a bad one). But because we can’t cover all the good and bad brokers, you can…