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IMPORTANT UPDATE AND WARNING:

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 FXORO.



Binary Options Market Yearly Trading Volume Versus Regulator Fines


It has been said by the leading binary options platform providers that yearly trade volume of binary options is at least $8 billion.


Regulator Fines Versus Yearly Trade Volume

It is kind of like the film, and true story, “The Wolf of Wall-street“, where the Hero of the story makes hundreds of millions and only pays a few millions in fines in the end. But in our true story today we have hundreds if not thousands of online brokers.

The yearly trading volume is at least $8 billion per year, lets speculate here and say that the binary options markets are bringing in at least $1 billion per year in profits to binary options brokers. The fines being given to some of these brokers all in all is less than $20 million (altogether), including the latest fines by CySEC and the CFTC. No one we know of has gone to jail as of today. So all in all the fines accumulate to less than %2 of the market profits being made by brokers, many of whom use the “deposit only” method. Meaning traders can deposit and make trades, but will never be able to withdraw their money.


In a recent email conversation with Bill the forum manager at “ForexPeaceArmy.com” Bill stated stated:

If only someone would point out to the brokers that robbing their clients is the cause of the problem. We all know BO is gambling and the odds are stacked heavily in the house’s favor. There’s no reason not to have happy clients who can deposit and withdraw at will.


Bill from ForexPeaceArmy.com is probably right. But when you look at these numbers you think that nothing will change unless regulation becomes stricter or until binary options are banned altogether. There is a void here and when you ban binary options the unregulated brokers quickly fill that void. The void needs to be filled with strict regulation and better public awareness, instead of bans.


Binary Options Markets Yearly Trading Volume – at least $8 billion
Binary Options Total Fines Imposed on Brokers – around $20 million