binary options

This is a discussion on binary options within the Fixed Odds & Binary Betting forums, part of the Trading Brokers category; @ optionfire ! Originally Posted by tar This is misleading fixed odds and binary betting is not subject to regulation ...

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Old Mar 22, 2011, 10:41am   #17
tar
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Default Re: binary options

@ optionfire !
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Originally Posted by tar View Post
This is misleading fixed odds and binary betting is not subject to regulation by the FSA , optionfire is not regulated by the FSA , the current status : " Appointed Representative " , didnt say authorised .

lol effective date 11/03/2011 ...

http://www.fsa.gov.uk/register/firmB....do?sid=261385
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Old Apr 6, 2011, 6:59pm   #18
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Hi,

I've been following and participating in the binary options platform for a while now for the benefit of my own clients.; i'm happy to share my experience with you.

From what i understand; I've noticed that most of these platforms bet against their customers in order to enlarge the platform's chance of winning, while decreasing yours.

I've been working side by side with Banc De Binary (BDB) for the last 6 months after trying anyoption, ez-trader, traderxp, spotoption and optionbit, and their service is wonderful.

The platform comes with real live annalists, top brokers (that even give me advice), market reviews, affiliate program and the best customer service I've experienced in years. I feel Banc De Binary go the extra mile for their customers, and their customers' customers. If you're not sure about the platform enough to invest money off the start; BDB WILL LET YOU DEMO THE SITE FOR FREE, so you can see for yourself (just ask for a demo on their livechat).

I hope this helped.
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Old Apr 7, 2011, 3:50am   #19
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Originally Posted by HarveyDent View Post
Hi,

I've been following and participating in the binary options platform for a while now for the benefit of my own clients.; i'm happy to share my experience with you.

From what i understand; I've noticed that most of these platforms bet against their customers in order to enlarge the platform's chance of winning, while decreasing yours.

I've been working side by side with Banc De Binary (BDB) for the last 6 months after trying anyoption, ez-trader, traderxp, spotoption and optionbit, and their service is wonderful.

The platform comes with real live annalists, top brokers (that even give me advice), market reviews, affiliate program and the best customer service I've experienced in years. I feel Banc De Binary go the extra mile for their customers, and their customers' customers. If you're not sure about the platform enough to invest money off the start; BDB WILL LET YOU DEMO THE SITE FOR FREE, so you can see for yourself (just ask for a demo on their livechat).

I hope this helped.
Hi - this is a quick post as i am on a break. I think you will find Banc de Binary is (a) a white label of Sportoption (b) completely unregulated - see their regulations page http://www.bbinary.com/Regulation%20of%20Accounts - its "Under construction".

Further, it doesnt take much investigation to see the Wall St address is simply a holding address. Given you are being given advice by brokers I'd like to understand how they do this from the USA without being NFA registered or for the UK without being fully FSA registered. So just for fun i asked them in chat for their fsa numbers of the brokers with the online chat. they became abusive and refused to give me their numbers. fsa or nfa would be sufficient.

impressive customer service ...... maybe you can get the numbers?
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Old Jun 25, 2011, 1:46pm   #20
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They may be legit agree but one thing any trader investor must consider is Is the regulatory environment robust ? Cyprus or similar small jurisdictions certainly raises red flag.
Even in good regulatory environments there is a different in risk between trading on a regulated Exchange traded Product on a True Exchange and trading with a Market maker OTC product. Example:Clients of OTC brokers in Australia ( FX/ CFD) DO NOT enjoy the same level of protection as that of Exchange participants
SO far Binary Nadex USA / IG UK/ Australia are the main option as of today!
Any others? Cantor? CitiIndex?
However Nadex is not a true exchange it is still a Market Maker so you are trading against owners of Nadex the business name just has the word "Exchange" in it's name
No, they are scamming. They manipulate prices which you can see if you run a live FXCM feed while trading. I've downloaded the brower code and can see that they let you win at first (security level=0), then when you win a little they raise you to (security level=1) which means they display prices different than the actual price by about 20 pips. If you still find a way to win they upgrade you to (security level=3) which prevents you from betting agianst the direction they are cheating. If you ever see "option suspended", you have reached level 3 or 4.
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Old Aug 1, 2011, 9:56pm   #21
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Does anyone have any experience with 24 Options?
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Old Aug 18, 2011, 6:31pm   #22
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Default Re: BINARY OPTIONS -IF NOT ONE THING, IT'S ANOTHER

I don't know much but I am cautious. I do know that I have written to nadex and the email server returns that no such email address exists. So even the so called regulated platform brokers seem scammish. I wish it were not the case but I cannot afford to take these risks.

1. I 've read some do not respond, or give bogus excuses to not pay your returns
2. Others do but their banking stipulations do not fit the US requirements
3. The list goes on if not one thing, there is another..

Bottom line, if anyone truly can find a legitamate Binary Options broker with all
the necessary security measures in place, please let me know.

Look forward to a response, please.

Much appreciated
!!
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Old Sep 30, 2011, 4:50am   #23
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Binary options regulation is important and all traders must know the following:

Bonuses: Bonus restrictions - Non regulated binary options companies wont let you withdraw your money if bonus given Bonus conditions - Regulated binary options companies will let you a withdraw the money at any time even if condition is volume based trading

Pricing Transparency :
  • Spread: Non regulated binary options will add spreads as much as they feel like which makes it not a 50/50 chance as binary trading should be
  • No Spread: Regulated binary options will never add spreads as they may have loose their license.


US based clients can and should only trade with exchange binary options broker according to the CFTC ( Nadex is currently the only option)
Non- Us clients can and should only trade with regulated and licensed binary options brokers ( Tradesmarter and Marketpunter are the only option i know)

Since i launched a review site last year i got many inputs from clients that had good and bad experience. I will update my site soon.
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Old Sep 30, 2011, 7:46am   #24
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Non-US traders can trade with Nadex through PFGbest ...
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