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.

BinarEx – Regulated Binary Options Exchange

BinarEx Binary Exchange

BinarEx – This is the regulated and friendly binary options exchange that is the brainchild of binary options platform provider “Tradologic“. Not much is known about BinarEx but what we can speculate is that it will be using the Tradologic platform.

Tradologic / BinarEx

“Tradologic” is a group focused on developing companies providing them binary options license in the following markets:

  • EU (Cyprus- CySEC)
  • EU (Bulgaria (FSC) and MiFid)
  • EU MiFid
  • Non EU Belize IFSC
  • Japan JFSA
  • Isle of Man GSC
  • Malta LGA

The CEO of Tradologic, Michael Golod, has stated: “It’s no secret to anyone that regulators worldwide are increasingly scrutinizing some binary brokers’ practices. I see BinarEx as a sustainable business model that ensures fair and transparent terms for all parties involved.”

Will BinarEx be changing the future of binary options trading? All we can do at the moment is to wait and see.