Warning of the AMF Quebec against 36 binary options brokers

amf quebec binary options brokers

The financial regulator, the AMF, (not the French Autorité des Marchés Financiers but that of Quebec) has recently issued a warning on its website against several binary options brokers. This warning from the AMF Quebec comprises a list that includes a total of 36 binary options brokers to be avoided. These brokers normally offer their binary options trading services to Canadian residents even though they do not have any licenses from the financial authorities to do so. We also invite you to consult the black list of 122 binary options brokers published by the French AMF which identifies brokers that have been banned by the French financial authorities.

The warning of the Quebec financial regulator (AMF)

The Quebec financial regulator, the AMF, has warned traders and other investors by formally advising them against using the services from the website of the brokers featured in this list. Hence, it is best for Quebec / Canadian residents to follow this advice because these companies’ lack of authorization is the result of their non-compliance with the local financial regulations, and thus the authorities regard them as risky companies that need to be avoided.

www.5markets.com www.247binary.com www.777binary.com www.aaafx.com www.accentforex.com www.amberoptions.com www.anyoption.com www.askobid.com www.avafx.com www.AvaOption.com www.bancdebinary.com www.bforex.com www.finexo.com www.fioptions.com www.forextrada.com www.fxlite.com www.gdbrokers.com www.gfcmarkets.com www.goforex.com www.gtoptions.com www.icmtrading.com www.iforex.com www.leaderoption.com www.liteforex.org www.lite-forex.com www.markets.com www.netotrade.com www.plus500.com www.PrestigeBanq.com www.stockpair.com www.traderush.com www.triumphoption.com www.ufxmarkets.com www.xm.com www.youtradefx.com www.ytfxaffiliates.com

Opt for regulated binary options brokers

Like most countries around the world, binary options are considered a serious investment product as many people trade to generate profits. Some of these individuals, called ‘traders’, are able to supplement their income or to generate a substantial income through binary options; in other words, because we are talking about individuals’ funds that are at stake, the authorities take this matter seriously, which is why the AMF Quebec ensures the regulation of binary options in its country. Thus, it is better to follow its advice and avoid brokers that represent risks of binary options scams and instead opt for regulated binary options brokers that have proven themselves over the years and are above reproach.

The regulated binary options brokers that we recommend are the brokers OptionTime, TopOption and 24winner. These three binary options brokers are regulated by a dozen European financial regulators. They all belong to the same company Safecap Investment Ltd., which has licenses from regulators such as the CySEC (Cyprus-EU), the AMF (France), the CNMV (Spain), the CONSOB (Italy), the FCA (United Kingdom).

Choosing to practice trading with a regulated binary options broker with a proven track among regulators and traders is a wise decision. With regulated binary options brokers, traders and their funds are safe. In the event that a trader encounters a problem with a regulated binary options broker, whether pertaining to trading conditions or in regards to the withdrawal of money, he will be automatically protected by his local financial authority overseeing the broker. Hence, there is nothing to fear vis-a-vis this kind of authorized binary options brokers. As regards the safety of traders’ funds, regulated binary options brokers have segregated bank accounts that are quite separate from the corporate bank account, where traders’ funds are deposited as required by the regulation of financial regulators. Therefore, the regulated broker ensures solvency and can pay its traders at any time regardless of its financial situation.

The BonusBinaryOptions.net advantages

As its name suggests, our website specializes in negotiating exceptional binary options trading bonuses with brokers to the benefit of our readers / traders. Using the example of the regulated binary options brokers that we have previously recommended in this article, please be aware that it is possible to receive a 100% bonus on deposit upon opening an OptionTime account whereas the bonus that is normally offered by the broker does not exceed 25%. Likewise, upon opening a TopOption account through our website, you are also entitled to a 100% bonus on deposit whereas the broker does not normally offer any bonus to its new traders. A 100% negotiated bonus on deposit can also be enjoyed with the 24winner broker whereas the broker usually offers a bonus of 40% only.

In addition to the negotiated bonus on deposit that we provide to our readers, we also offer them our support through the BonusBinaryOptions.net guarantee; the latter is automatically given to you upon opening a binary options account through one of the links on our website and allows you in case of any conflict encountered with a broker to receive our team and benefit from the special relationship that we have with the brokers and their teams in order to amicably and quickly resolve the problem in question.

0 0 0 0 0

Comments

*

This month's offer logo 24options

100% exclusive bonus (instead of 20%) on your 1st deposit from €250 on the best regulated broker 24 Option! (Bonus terms and conditions apply)