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.

(MiFID) Markets in Financial Instruments Directive 2004 and Its Role in Binary Options Regulation in Europe

CySEC regulated brokers have immediate access to every market that complies with MiFID. The Markets in Financial Instruments Directive 2004 is “a European Union law that provides harmonized regulation for investment services across the 31 member states of the European Economic Area” (Wikipedia). This directive has changed the ways that online trading operators, brokers and platforms are legally allowed to practice in the European Union. The MiFID Directive of 2004 has successfully plotted the framework of what financial instruments can and can not do in Europe. Some of the popular CySEC regulated binary options brokers such as Banc de Binary and AnyOption have successfully entered the European market through the MiFID law and in accordance with CySEC regulation. This law was introduced in order to reduce systemic risk and strengthen existing investor protections in all online financial industries and markets, including binary options.

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