Regulated Binary Options Brokers


Regulated Binary Options BrokersThe traders, who trade on binaries, always give preference to the regulated binary options brokers that possess official licenses over unregulated trading platforms.

The reasoning behind the choice of licensed brokers is quite logical. Thus, it is considered that the platforms that are authorized can be fully trusted by traders. Such brokers are strictly supervised by the governmental structures and can not act in a fraudulent way. If one cooperates with regulated brokers, he/she can be sure that the funds available on the accounts under the broker are safely stored.

Usually, regulated binary options brokers are more reputable than the ones without legal regulations. The users of licensed trading platforms may be sure that their funds are not to be lost even in case a broker goes bankrupt itself. According to the law, the funds of the traders that are stored on this broker will be refunded by investor organs. There is a possibility to verify personal licenses for the users that cooperate with brokers headed by CySEC. By accessing the provided link, traders can also issue complaints about CySEC if they have such.

There are some highly-appraised European regulatory organs that supervise licensed brokers. In particular, all of the European regulatory authorities belong to the MiFID. It means that the trading platforms that are linked to FCA, based in the UK, are acclaimed to be the official providers of trading services in Germany (under BaFIN) and in France (under AMF).

The regulatory organs that function in Europe head binary options brokers as the provider of financial services that operate in the respective European countries. One of the most popular licensing organs that regulate binary options brokers is called Cyprus Securities and Exchange Commission. The trading platforms that fall under the regulation of Cyprus licensing organ are entitled to operate in all countries that are the members of the European Union. The respective organ also functions in Australia (ASIC).

Be Careful with Licensing!

There is a tendency for the brokers without licenses to describe binary options as the standard marketing subjects that were first generated in 2008 and since that time function under the regulation of CySEC in May, 2012. This is an erroneous idea since CySEC does not have a license, although it is an official broker regulator. That is why, we recommend always checking license numbers and the validity of the acting license on the official CySEC website. 

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