I am looking for a Binary Bet Fixed Odds Company in the UK preferably FSA approved who do Binary Bets on USA equities/Nasdaq ? I know there is IG but is there anyone else?
The platform that offer some form of binaries with UK regs (FSA) are IGindex, GFT, PYXMarkets and thats it... I do not know if they offer US trading though... I would think that IG do.
The platform that offer some form of binaries with UK regs (FSA) are IGindex, GFT, PYXMarkets and thats it... I do not know if they offer US trading though... I would think that IG do.
The platform that offer some form of binaries with UK regs (FSA) are IGindex, GFT, PYXMarkets and thats it... I do not know if they offer US trading though... I would think that IG do.
I was wondering why the Binary Options providers are going through the Gamming Commission umbrella rather than financial body's scrutiny like FSA in UK.
I was wondering why the Binary Options providers are going through the Gamming Commission umbrella rather than financial body's scrutiny like FSA in UK.
Hey, From my understanding this is a grey area within the UK. The FSA doesnt regulate binary options!!!! However the platform I use are labelled as an options trading platform and are able to secure FSA regulation for this reason.
The platform I use is very different to binaries and is much like a vanilla options platform (albeit short term vanilla options).
That said though the platform I use doesnt have US equities either so probably wont help you.
The platform that offer some form of binaries with UK regs (FSA) are IGindex, GFT, PYXMarkets and thats it... I do not know if they offer US trading though... I would think that IG do.
PYX Markets are terrible. I have had numerous issues with them. Not only have they reduced the maximum payouts by a factor of 4. But you can phone and email them an entire week and not get a response.
I have had winning bets that say they lost (I am not talking about discrepancies over price feeds. I am talking about a bet that very very clearly won by a a full 0.5% in the price of the underlying asset.
Their withdrawal form doesn't work. You can't call them to make a withdrawal. I have been chasing money for 3 weeks now and have contacted the FSA about it.
Have spoken to the "MD" - well, hes the only guy at the company basically, but obviously gets off on the title, and he is a TOTAL BULL****TER.
They claim your funds are safe with PayWizard but your funds are not held with Paywizard. Think I will be getting my money from the Financial Services Compensation Scheme in about 8 months time personally. 👎
