The financial regulator AMF, the Financial Markets Authority, the principal financial regulator in France whose mission is to oversee the financial industry in the French territory, including the activity of binary options brokers, along with the CySEC regulator in the European territory, the FCA regulator in the United Kingdom, the CNMV in Spain and the CONSOB in the European territory, has just updated its blacklist of binary options brokers to avoid. On its website, the regulator specifies that the brokers in this list rely on highly aggressive advertising campaigns. These websites heavily rely on marketing in order to promote their binary options services. They often claim to offer higher yields within relatively short time periods. The practices of these brokers are sometimes questionable, hence the AMF regulator warns traders against these brokers that should be avoided, unlike regulated binary options brokers who have obtained the approvals and authorizations of financial regulators and have made proof of their seriousness.
The previous blacklist of the AMF was published in March 2014 and included 75 binary options brokers that should be avoided according to the French financial regulator. The new updated list is further expanding and now comprising 79 binary options brokers and websites that are associated with them.
The Financial Markets Authority, AMF, has also indicated that its citizens should review the list if they plan to trade in binary options with any broker, and ensure that the latter is among the regulated binary options brokers and that it is authorized to provide services in investment and binary options. The AMF also advises investors not to use the services offered by binary options brokers featured in this blacklist when solicited by them.
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The brokers featured in the AMF’s black list do not have the necessary authorizations that allow them to offer investors their binary options services. Very much sought by the brokers, these authorizations are known under the name of “licenses” or “permits”. The binary options brokers that do not have licenses issued by financial regulators are non-regulated binary options brokers, hence their practices are not controlled by any competent financial entity. They act as they see fit without necessarily complying with the financial standards of financial regulations passed by regulators and therefore they represent a major risk to traders and investors.
As opposed to questionable binary options brokers to avoid, there are many regulated binary options brokers whose practices comply with the financial standards of regulators, which demonstrate their seriousness and quality of the services that they offer. In addition, they have the necessary licenses to carry out their activities. Brokers such as TopOption or OptionTime are the kind of serious brokers to opt for when a trader wishes to have a good trading experience and earn money through binary options. These two brokers are regulated at the European level by the CySEC, in France by the AMF, in Spain by the CNMV, in Italy by the CONSOB, in the United Kingdom by the FCA, as well as in other European countries since they have a total of 12 licenses from financial regulators in Europe, making them the most regulated binary options brokers.
Thanks to the special relationship we enjoy with the majority of binary options brokers, we have been able to exclusively negotiate for our readers bonuses on deposit with many of the brokers, which would otherwise normally not exist. Using the example of the regulated TopOption and OptionTime brokers mentioned here-above, a 100% bonus will be granted upon opening a TopOption account instead of the usual 0%. Likewise, a 100% bonus can also be obtained upon opening an OptionTime account instead of the 25% bonus that is normally granted to new traders. In addition to the negotiated bonus on deposit, we also provide the BonusBinaryOptions.net guarantee to our readers who decide to open a binary options account with a broker through one of the links in our website, and accordingly benefit from our protection and support in case of any conflict encountered with a broker.