Regulated Binary Options Brokers Definition
At last the traders of binary options can celebrate all the positive ongoing reshapings. One of the major options brokers, known as “Banc De Binary” is signing up with Financial Service Authority in the United Kingdom that indicates that the broker called Plus 500, also will be added to the list of controlled brokers on the exchange.
What is worth mentioning is that between three leading options brokers – 24 Opions, Any Option and Banc De Binary, just the latter on is registered as monitored broker. But, this is not indicating that this platform is not being selected – in case of operating with U.S. dollars it is in the top three selection.
Some time ago, the majority of the options brokers were in reality signed up in off shore places, for example, Gibraltar, the Cayman Islands, Cyprus, etc. But in late December suddenly Banc De Binary made a decision that it is the right time to stop working with users from United States of America, as they were negotiating with Commodity Futures Trading Commission. The outcome of these negotiations was the receipt of permit for a monitored options trader in USA.
Eventually in February they made an announcement that since now on they are signed up with FSA, giving them an actual advantage in comparison to the rest brokers in this field.
Meanwhile, the broker “24 Options” is at the final step of getting the status “regulated by CySEC”. Also, Plus 500 is close to being added to the Financial Service Authority community.
A big number of binary users are worried about the security of their profiles due to the crisis situation on Cyprus. If you are among these users, our recommendation is to get in contact with your broker and check the extra data about your profile and deposited funds.
With the help of Banc de Binary the following stage is already implemented and options operating is getting more controlled in a not so fast, but very confident pace. This Internet broker at the moment is signed up with Financial Service Authority, BaFin, CNMV and CONSOB. Due to the above mentioned this broker can work with traders from such countries as Germany, Spain, Italy and the United Kingdom.
Thus, if you are desperately desiring to begin operating binaries with a controlled and respective regulated binary options brokers apply one of the mentioned below:
Banc De Binary
Plus 500
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