Binary options trading is an investment activity that allows anyone to speculate on the financial markets in a simplified manner. This product, which is the binary option, constantly attracts a large number of interested individuals as it is a simple way to earn money on the internet. However, some scammers are taking advantage of the interest in the binary option to start unauthorized companies (non-regulated binary options brokers) in order to attract clients and their money to literally scam them and not return back their money! Fortunately, recognized financial regulators such as the AMF (France) have assembled lists of banned brokers. In fact, the AMF has recently completed an update of its list that currently includes 223 ‘banned binary options brokers.
While the previous black list of the AMF included 189 binary options brokers, the French financial regulator has recently made some changes to it by adding 34 additional banned binary options brokers, thus increasing the number of non-authorized brokers in this list to 223!
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As the AMF advises, it is best not to use the services of these unauthorized brokers featured in the afore-mentioned black list. As a client, having a relationship with one of these brokers exposes you to a high risk of financial loss. These brokers have no authorization to enable them to offer binary options trading. While for some of them an application to obtain a license was submitted to financial authorities before being dismissed, others are just outright scams. It is possible to find online testimonials from traders who will never recover their money because of brokers like these!
Unlike the banned binary options brokers featured in the black list of the AMF that has recently been updated, there are fortunately authorized binary options brokers known as “regulated binary options brokers” that have various authorizations and licenses issued by international financial authorities. These licenses allow these brokers to legally offer trading to the public and also demonstrate their seriousness and quality services that they offer.
Regulated binary options brokers meet the financial regulations of the countries in which they are authorized. Also, they generally have segregated bank accounts, in other words the money of the company to which the broker belongs and traders’ funds are not mixed, hence traders’ money is deposited on distinct bank accounts. This measure aims to ensure the solvency of the broker regardless of the financial situation of the company.
Many binary options brokers have risen to the top by becoming regulated brokers; for example the brokers 24Winner, OptionTime or TopOption are highly rated among traders. These regulated brokers belong to the company “Safecap Investment Ltd ” that has numerous licenses such as the one from the CySEC (Cyprus), the AMF (France), the CNMV (Spain), the CONSOB (Italy) or the FCA (United Kingdom), allowing these brokers to be among the most serious of the trading industry.
By becoming a trader with one of the brokers featured on our website, such as the regulated brokers 24Winner, OptionTime or TopOption, you can benefit from some unique advantages such as a bonus on deposit but also the negotiated BonusBinaryOptions.net Guarantee.
In fact, given the special relationship that we enjoy with the majority of the binary options brokers, we were able to negotiate special bonuses on deposit that do not normally take place. The three brokers that we have previously referred to give for example the right to a 100% bonus on deposit when a registration is made through one of the links on our website whereas the bonus offered by 24Winner, OptionTime and TopOption does not generally exceed 40% of the deposited amount of money! The BonusBinaryOptions.net Guarantee is the second privilege offered to our readers; this is a kind of protection which allows them to benefit from our support in case of any problems encountered with a binary options broker, with the aim to solve it as quickly as possible and under the best conditions.