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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.



Monetary Authority of Singapore and Singapore Police Warn Against Binary Options

Singapore police say that victims are lured when browsing the Internet or social media websites. These ads can take the form of paid surveys or articles with catchy headlines, such as "The secret to making fast money"
Singapore police say that victims are lured when browsing the Internet or social media websites. These ads can take the form of paid surveys or articles with catchy headlines, such as “The secret to making fast money”

Singapore Police

More than 40 people in Singapore have lost about US$1.7 million (S$2.4 million) after being lured to take part in an unregulated, sometimes fraudulent and mainly offshore activity known as binary option trading.

Read more: http://www.tnp.sg/news/singapore/24m-lost-binary-option-scams

Monetary Authority of Singapore

MAS Cautions Investors on Risks in Trading Binary Options with Unregulated Platforms: Singapore, 14 March 2017… The Monetary Authority of Singapore (MAS) today issued a warning to investors on the trading of binary options with unregulated platforms. This comes in the wake of an increase in the number of complaints from investors who have suffered financial losses from such investments.

Read more: http://www.mas.gov.sg/News-and-Publications/Media-Releases/2017/MAS-Cautions-Investors-on-Risks-in-Trading-Binary-Options-with-Unregulated-Platforms.aspx