We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as STR Capital.

Belgian Regulator Updates List of Unauthorized Brokers

As usual, the focus of the Belgian authority is on binary options brokerages.
The Belgian Financial Services and Markets Authority (FSMA) has updated the list of unauthorized brokerages on its website. The watchdog has been at the forefront of the fight of European regulators against companies that are soliciting clients from the region illegally.