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Binamax is a scam binary options broker – Warning

binamax-review-scam-binary-options-broker

European financial regulators are putting all their efforts together to tackle the development of scam binary options brokers that propose their offer to European retail investors. Just last week, both the UK Gambling commission, the French financial regulator AMF and the Italian financial regulator Consob warned their domestic investors about the multiplication of fraudulent binary options websites that need to ... Read More »

FxPulp CIF Trading license revoked by the CySec

fxpulp-license-revoked-cysec

The CySec (Cyprus Securities and Exchange Commission) just announced the enforcement on the revocation of FxPulp CIF trading license that allows the broker to provide trading services in European countries under the Eurozone regulation. This announcement was made pursuant to sections 25(1)(b) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law of 2007 after negotiations with the ... Read More »

AMF updates its binary option brokers blacklist – March 2015

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The French main financial regulator AMF (Autorité des marchés financiers) just updated its quarterly blacklist of Binary Options brokers without authorized investment service provider license. The mentioned brokers are websites that “offer binary options trading, for which no authorized investment services provider could be clearly identified”. In order to provide online trading service in France, each broker has to be ... Read More »

How to avoid fraud and scam binary option brokers ?

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A lot of people are wary of trading binary options because they have heard about multiple fraudulent operations in the business and they are concerned about falling into a scam themselves. Ponzi scheme scams The biggest scam online traders are afraid of is what could be defined as a Ponzi scheme, where you place your money with an online broker, ... Read More »

Boursolev Review : a new binary options scam

boursolev-review-binary-scam

There seems to be a new scam broker on the binary options business. Indeed, there exist a lot of diverging reviews on Boursolev online. Most of the trusted reviews we have been able to find on the Internet are negatives. Nevertheless, we have also been able to find some positive reviews of the broker on specialized forums. These positive reviews ... Read More »

Updated blacklist from French AMF regulator – December 2014

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Just a few days before Christmas, the French Financial Regulator (AMF, Autorité des Marchés Financiers) released its updated binary options broker’s blacklist. This list covers all the binary options brokers that are not regulated in France and not authorised to offer binary options trading services in France by the regulator. The list also includes binary option brokers that are deemed ... Read More »

New Scams – the emergence of fraudulent broker website clones

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A lot of scams and fraudulent activities have undermined the binary option trading business reputation over the last months. As a retail trader you must be extremely cautious about the choice of your online broker if you want to avoid scam binary options brokers. A lot of the binary option brokers offering their trading services in the UK are only ... Read More »