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 TradeFred. If you are looking for a one of a kind live trading room we also recommend Trademy trading academy.

Binary Options Ban: Canada Joins List Of Countries Where Binary Options Are Banned

Binary Options Ban

Binary Options Banned In Canada
Binary Options Banned In Canada

Canada has joined the list of countries to ban binary options. The Canadian regulator CSA has stated that it now officially prohibits the advertising, sales and trading of binary options.

The Canadian Securities Administrators (CSA) today announce the implementation of Multilateral Instrument 91-102 Prohibition of Binary Options, which makes it illegal to advertise, offer, sell or otherwise trade binary options shorter than 30 days with any individual.

Read more on this update in the following posts from around the web: