By admin While the internet has ushered in an age of instant communication and made it possible to access a vast library of information from all over the world, it has also enabled a new generation of conmen and scammers. One of the newest and most dangerous kinds of web scams are the various binary options trading sites […]
By admin Additional signs are coming in that authorities around the world and in the U.S. are starting to get serious about combating both Binary Options and Forex scammers. The latest news was reported by the Times of Israel, which covered the conviction of an Israeli citizen for Forex fraud and his sentencing to three years in prison. […]
By admin One of the hallmarks of Binary Options trading sites is the way they go to great lengths to obscure their true nature. They hide their location, real identity, and most importantly bury important policies in mountains of “legal” language to hide the fact that they are set up in a way to take your […]
By admin As announced by The Times of Israel, the newly voted ban gives binary options fraud perpetrators three months to close down their businesses or face jail. The Jerusalem Post publicises: the Knesset votes to ban binary options industry. While the ban of binary options and its related activity by the State of Israel, sets […]
Following the Israel Securities Authority’s chairman, Shmuel Hauser’s speech on November 8, 2017, during the Fintech conference, potential investors would now have reasons to worry about the rise of crypto-currencies, soon to replace the outlawed Binary Options in the exact same companies, where they once used to be a flourishing business, as you can see with some […]
Crypto-currencies are becoming increasingly popular and since the staggering rise of the Bitcoin, many investors rightfully wonder about the opportunities such an investment can represent. In an era of digitalisation, crypto-currencies attract attention and curiosity from both the average person with an interest in trading and scammers. So what do you need to know in order […]
When it comes to ICOs, otherwise knows as Initial Coins Offerings, the idea is a derivative of what is known as Initial Public Offering (IPO), that is to say, when a company that wants to be listed on the stock market, makes an offer so the public invests. We can think of ICOs the way we think of crowdfunding. […]
March kicks off the annual fraud prevention campaign in Canada, also referred to as Fraud Prevention Month. In the light of some alarming statistics (in the province of Alberta alone, 44 % of investors lack investing confidence) the campaign aims at informing and protecting investors against scammers, by bringing common red flags to their attention. When it […]
By admin The current restructuring of the market could see the last days of Binary Options in Europe. On December 15th, 2017, the European Securities and Markets Authority (ESMA) made a major step towards safeguarding the stability of the European Union’s financial system, by publishing a statement pointing to the serious concerns around clients’ protection, when […]
By admin On March 27 2018 the European Securities and Markets Authority (ESMA) announced the official ban of Binary Options to retail investors, while imposing leverage restrictions on the sale of Contract for Differences (CFD), which includes : • a margin close out rule on a per account basis • negative balance protection • a restriction […]