After months of drafting and warnings, it appears as if the Israel Binary Options bill will finally become law next week. Israel business news source TheMarker.com is reporting that the bill, which was jointly drafted between the Israel Securities Authority (ISA) and Finance Ministry, will be brought for a vote next week in Israel's Knesset.…
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The FMA noted a recent warning by the Australian Securities and Investment Commission (ASIC) against conducting business with binary options broker 24option. The FMA recommended exercising caution before dealing with 24Option and noted warning by another regulator - the French AMF. 24Option is operating at website https://www.24option.com/eu/binary-cfd/ and is not registered to offer financial services…
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In an update of its App Store Review Guidelines, mobile giant Apple Inc. (NASDAQ:AAPL) added in one line indicating: Apps that facilitate binary options trading are not permitted on the App Store. Consider a web app instead. The key question is, why did Apple do this? The company isn't responsible for any 'bad behaviour' which Binary Options…
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ASIC has issued an application for contempt charges arising out of proceedings commenced against Allianz Metro Pty Ltd and other entities concerning the operation of binary trading websites. On 1 May 2016, ASIC commenced Federal Court proceedings against various entities including Eustace Senese; his son, Cameron Senese; and associated companies Allianz Metro Pty Ltd, Transcomm…
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Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker TR Binary Options, formerly known as Trade Rush, owned by Melnic Group Ltd., and operated from website trbinaryoptions.com. According to the…
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Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker Boss Capital, owned by Melnic Group Ltd., operated from website bosscapital.com. According to the BCSC, Boss Capital claims to be…
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The National Securities Market Commission (CNMV) has issued warnings on the following entities: BINARY OPTIONS ROBOT, operating at www.binaryoptionrobot.com and www.binaryoptionsrobot.com, and IAlphaGroup, operating at www.ialphagroup.com. According to CNMV records, these institutions are not registered in the corresponding registry of this Commission and, therefore, are not authorized to provide investment services. CNMV warnings on unauthorized…
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The Financial Services Commission, Mauritius (the FSC Mauritius) warned against the binary options broker VTB Trade. VTB Trade claims to be an international company that provides its customers with the most advanced services on the world financial market. It purports to have its contact details as: Global Service Headquarters, The Financial Services Centre, Berkshire House, Holborn,…
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Multi-asset trading technology provider SpotOption has announced the launch of their latest product, called Digital Contracts. Following suit in terms of marketability and simplicity to the CFD product, Digital Contracts provide a transparent and fresh new way to trade on assets with real-time prices such as stocks, commodities, currencies, and indices. Digital Contracts are extremely…
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Spanish regulator CNMV just warned that the binary options brokers and websites: https://www.toroption.com/es/; DGX SYSTEM LTD, operating at www.optioncm.com; and 53 CAPITAL TRADE LIMITED, operating at www.53capitaltrade.com and www.53option.com are not licensed or registered and, therefore, are not authorized to provide investment services. The companies are not authorised to provide the investment services detailed in…
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