Binary Options Broker and regulation

Binary Options Broker and regulation

You control a broker binary options and its consequent license should be the most important criterion in the broker choice for you. Only a licensed broker works on quality standards and according to statutes such as these are common in the financial industry. Supervisory Authorities überbrüfen brokers and awarded to this license if they meet the high standards. This license is the sign of security and reliability for you as a trader. Trust No broker binary options without proper regulation or license.

binary-codeBinary options: regulation
Binary options brokers have in 2015 in many cases the license of one or more Supervisory Authorities. This means that your activity from the appropriate authorities – have reported and thereupon impose certain regulations and statutes, including (unannounced) shall include controls on supervision – in Germany it would BaFin.

Similar statutes and are responsible

Finanzaufsichtsbhörden as the German BaFin or the Cypriot CySEC operate on very similar statutes and are responsible when they are acting on the capital market for the control of banks, stock exchanges and insurance companies. Thus, the requirements and standards are where binary broker measured, the same also to other market participants, the financial products are like stocks, bonds, etc. offer. Thus, the Financial Regulator sure Broker abide by binärern options to minimum standards in the financial sector in relation to security, privacy, deposits and withdrawals, the actual trading, the trading platform so.

Risk important to know that this regulation is not mandatory for brokers in this area. A Binary options broker without regulation operates legally and do not even have to be untrustworthy. A regulatory and licensing process will take up to one year, in this time finally is not to rest the business. But it is in 2015 hardly find a Binary options broker based in Europe, which has no license or has not applied for at least – even if it is a very young brokers. In order for the broker to win the trust of their clients.

The Broker and its entire economic

Why is the regulation of Binary options brokers so important?
Binary options are of course subject to a financial product specific legislation, but to be relatively lax. They were always and may even now be brought as of unregulated issuers to the market, by 2008 – the beginning of its worldwide triumphal march – which was common. The Broker and its entire economic periphery (marketers, banks, etc.) were just as investors very surprised by the success of this financial product, there was a huge, unregulated market. In 2015, there should be well above 100 Binary options brokers who offer all their services online and therefore theoretically reach customers around Online Scam the world worldwide. In practice, they are limited because of cultural and language barriers often to one or two continents, but also as a European trader can always choose among countless Binary options brokers whose appearance is not to assess at first glance.

In fact, there was at first in this market a few black sheep, in which the art and especially the data feed were not working correctly, options were therefore settled inadequate and investors at worst not got back to them attributable money so fast. Therefore, the reputable supplier began immediately to seek licenses to their local supervisory authorities.