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.

CySEC announces Guidelines on Cross Selling Practices Under MiFID II

The Cyprus Securities and Exchange Commission (CySEC) has informed the Regulated Entities that the European Securities and Markets Authority (ESMA) has published its Guidelines on Cross Selling Practices under MiFID II to ensure investors are treated fairly when a firm offers two or more financial products or services as part of a package.

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