The Cyprus Securities and Exchange Commission (CySEC) considers banning binary options trading altogether announced CySEC Head, Demetra Kalogerou, who delivered a speech at the iFX Expo International 2017 this week.

The Cypriot financial watchdog is still conducting consultations on the matter, but highlighted the main problems with binary options: non-transparent pricing and conflict of interest. That is why the commission considers that probably “It will be more appropriate to suggest binary options only to professional traders,” as stated by Demetra Kalogerou.

That is interesting Thanks for sharing!

It´s just unbelievable that while CySec considers Binary Options to be a scam they keep creating some rules just to keep it going. In my opinion Binary Options should not be traded at all, otherwise you just risk donating your money to the scammers

bonifaas_abe wrote: Thu Jun 15, 2017 4:18 pm It´s just unbelievable that while CySec considers Binary Options to be a scam they keep creating some rules just to keep it going. In my opinion Binary Options should not be traded at all, otherwise you just risk donating your money to the scammers

I believe the answer is simple. They are doing this for ... money
Many peoples are doing unbelievable acts just for money, and even some are trading on financial markets ...

FrancoisT wrote: Mon Jun 19, 2017 9:03 pm I believe the answer is simple. They are doing this for ... money
Many peoples are doing unbelievable acts just for money, and even some are trading on financial markets ...

You are right FrancoisT, unfortunately people are capable of doing all sorts of things in the name of the money