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.

What is the IFSC (International Financial Services Commission Belize) and How do They Regulate Binary Options?

The International Financial Services Commission Belize regulates financial services and gives licences to companies and service providers who are then legally allowed to solicit customers in Belize and parts of South America. On their website they post warnings and notices about scams and frauds and they also post press releases to the public. The IFSC also regulates and gives licenses to a number of binary options brokers such as StockPair.

Learn more here: Is Stockpair Regulated?

IFSC Warnings and Licensing

The IFSC has posted warnings in the past about unlicensed brokers using indecent practices such as forgery:

IFSC regulation is a welcomed phenomenon in the binary options market. Too many traders have been involved with scam brokers in the past and public consciousness of this issue is rising. Traders are today more than ever conscious of the need of regulation in this market and the IFSC is helping to lead the way into a truly regulated binary options market.

Binary options brokers regulated by the IFSC are listed in the ‘F’ List on their website (Trading In Securities Services List):