Click here to take a look at banc de binary
Finally, the complaint alleges the company did not limit its options offerings to eligible contract participants, allowing U. The applicable rules are on the books for good reason — to protect market participants and promote market integrity — and we will serve the public by enforcing them.
The CFTC seeks civil monetary penalties, an injunction preventing Banc de Binary from engaging in certain commodity options activity with U. Though many did not know that Cyprus existed a few months ago now nearly everyone does. To their credit they did post a statement that their clients where not going to be affected and as far as we know they where not. They stated they would absorb the cost for any accounts in Cyprus.
How much are they making that they could afford that? Where does the money come from? However, the fact that the idea came up in this country at all or any country for that matter could easily alarm anyone. If your funds are outside the US what remedies do you really have with US regulations?
Just another question worth asking. Another thing to be aware of: Warranted concern or not is of course up to each person to decide. Read below for more details. I heard in the rumor mill that Banc De Binary was having to get out of dodge. And they are — no more new us clients.
Though they can still currently keep the old US Clients For now…can you say get your money and run?? Up to each trader of course. Below it i have a screenshot of the online chat session.
Was interesting click here to take a look at banc de binary see how they responded to my last few questions…. Banc De Binary has announced that as of January 25 it is in talks with the CFTC in order to obtain regulation for its operation as a binary options exchange in the United States. The New York headquartered company currently provides an online binary options platform where investors can trade on the direction of over assets.
Customers from abroad and existing US customers will still retain full access to all company services. Since its founding inBanc De Binary has complied with click here to take a look at banc de binary federal and state laws regarding banking and compliance procedures.
However specific regulation for binary option trading has not previously existed. The company has long voiced its desire for industry regulation so as to better protect traders, and has said that it would comply with all applicable procedures. The introduction of regulation in the EU, and now in the US, legitimizes binary options as a financial instrument in their own right and adds credibility to this relatively new and quickly growing industry.
Banc De Binary made the decision to begin operating only in regulated countries in order to click here to take a look at banc de binary leading the binary options market and convert binary options into a viable financial product in the banking world. It looks forward to working with regulators worldwide in its commitment to providing a quality investment service to all clients.
Here is the release: Here is the retraction: And the really confusing part…it states they wont take orders from US Citizens. Yet they are allowing those who had accounts before this went into affect to keep trading, aka placing orders.
Does not make sense to me…does it to you? Note they state they withdrew the press release. Here is the short list of what I believe it would take for them to become a US Exchange. They may meet some of these at this time and may not things change over time this is just a list of things I believe would have to be in place for a company to become a US CFTC regulated binary exchange….
They would have to have a market maker willing to make a market that had absolutely no contact with them if they where to be an exchange. So Not do bonus plans that require trading levels for withdrawal notice how most maybe all? There is very little chance of getting stocks approved SEC is vary opposed to CFD style trades that act as a replacement for stocks.
They would have to have all the licenses required to meet the regulatory requirements in CFTC. They would have to have the funding to meet exchange funding requirements…big bucks….
Essentially they would have to have a whole new company as to change the things above would lose them a majority of their current business.
One of the largest, oldest and most reputed binary options brokerage platforms out there, Banc De Click here to take a look at banc de binary has held its stead very well as a brokerage of choice for thousands of binary options traders, right around the world. Of course, there is a myriad array of reasons for this preferred choice among traders, yet it has to be said that the mobile trading platform from Banc De Binary has played a critical role in ensuring that uptake for Banc De Binary continues to rise incrementally among traders.
Click here to take a look at the mobile trading platforms at Banc de Binary! The key features of the mobile interface from Banc De Binary particularly include the fact that it is available for both Android and Apple devices. As a result the primary chunk of the mobile trading community is easily covered since that is where most of them lie.
At the same time, even if we look at click here to take a look at banc de binary of other platforms such as Windows Phone, they will face no issues whatsoever in logging onto the mobile interface of the Banc De Binary and then trading there. For instance, there is no lag time while trading. Further, looking up relevant charts and graphs in order to make informed investment decisions, proved to be a real breeze. We especially mention this point since a lot of these updates on Banc De Binary come from one of the most reliable sources out there — Reuters, whereby making informed choices becomes all the more simpler and straightforward.
This aspect is accentuated by the fact that there is a plethora of training material available via the mobile interface on Banc De Binary, in the form of videos and other reading material.
That way, even those who might be new to binary options as a whole, or at least when it comes to trading on a mobile interface, will find the going really easy. As far as trading options are concerned, you will have easy access to all the asset classes that Banc De Binary offers on its website. So whether it is stocks, commodities, forex or indices, you will have no problem whatsoever in click here to take a look at banc de binary in them on the mobile interface.
Further, all the trading options available to click here to take a look at banc de binary on the web interface, are offered on the mobile platform as well. This is subject to certain terms and conditions which you must check for, a rule that remains sacrosanct on the mobile as well as the web interface. Then there is the additional option of a demo account where virtual money is credited to your account so that you can practice your trades with ease.
The idea is to get you up to the mark before you actually dive in with real money, to trade. Deposit and withdrawal options are plenty on Banc De Binary and you will face no issues whatsoever in using those same options on a mobile interface, as in the case of a web one. In the 21 st century era of trading, especially when it comes to a field of trading as dynamic as binary options, no one wants to be left behind as a result of location or geography even if momentarily.
For example, if you are commuting on a train or a bus, or are in the midst of a meeting which seems to be going nowhere, you should not be limited by the inability to trade in binary options. It is this philosophy which Banc De Binary has been quick to latch on to, by offering traders the unique ability to trade anytime and anywhere, which lets them maximize their profits, given the fact that lucrative deals often occur quite unexpectedly.
For instance, all possible features of the web interface are available on the mobile platform. Therefore, in summation, if you are looking for a binary options experience from a broker that has been around for ages and continues to offer superlative service on its mobile interface — the same way it does on its web one, look no further than Banc De Binary.
Trading Options As far as trading options are concerned, you will have easy access to all the asset classes that Banc De Binary offers on its website. Conclusion In the 21 st century era of trading, especially when it comes to a field of trading as dynamic as binary options, no one wants to be left behind as a result of location or geography even if momentarily.
For a long time, Banc click here to take a look at banc de binary Binary has more or less controlled the market for binary options. There simply was hardly any broker which was able to stand up to Banc de Binary. Their most important factor of success was reliability, what they were really able to convey to their traders. Well, there was another factor of success and its name is USA.
As you might already know, the US market for binary options was first not regulated there. Later, the lobby of already established finance markets increased more and more and finally, it was achieved that you were only allowed to offer trade with an appropriate licence.
However, it is often the case that lobbies actually only want to enforce their interests. The Nadex, that is the market for derivatives where binary options are also included, is -according to the lobbies- supposed to be the only trading place. And then, they warn you of fraudulent websites in order to justify that.
This development is anything but positive for traders. But that is how things are and we cannot change them. As a matter of fact, this is the reason why Banc de Binary had to quit the US market. And that really hurt! Because Banc de Binary was huge there and they had hundred thousands of click here to take a look at banc de binary traders in the US.
Every broker was envious of their figures and all of a sudden, Banc de Binary was gone. However, one year after quitting the US market, you can say that Banc de Binary has recovered pretty fast. They have immediately concentrated on Europe, especially Germany, and meanwhile, they are an entrenched power there. Banc de Binary is therefore one of my absolutely favourite brokers and there are a few reasons for that:.
Of course, there are a few aspects which are not totally awesome. Every single broker has its weaknesses and Banc de Binary is no exception here. The aspect I do not like that much is the payout, respectively the return. With other brokers, such as 24Option, for example, the payout is a bit higher. But you always have to come to a compromise and those of you who do not trade that often and with huge amounts, actually do not need to click here to take a look at banc de binary too much about the return.
Other brokers and that is usually the case on the Internet immediately recognize which country the website visitor is from and displays the website in the right language. Here, you seriously have to choose Germany from the list, that means first search it and then, click on it. I am sorry, Banc de Binary, but that sucks! Sure, it is not perfect and sometimes you even find the original text in English instead of the German translation which is another negative aspect.
But just get an idea of the website yourself! Banc de Binary is therefore one of my absolutely favourite brokers and there are a few reasons for that: They were one of the first brokers with a EU licence and they established in the UK before, it was the Wall Street… you can really notice that they are focused on the German market.
That is why this is one of the few brokers that really has a well translated website. There is nothing what you cannot understand and what I like best with Banc de Binary, is the colour design that makes trading a lot easier. Other brokers often stagnate when it comes to appealing designs and especially use colours that they like instead of colours that make trading easier for the trader. Just have a look: