Binary options brokers blacklist season 5
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Does anyone want to make a case for a merge with index trading? Merging index trading into Stock market index option might be more useful. I'm doing some editing to try to make the article less jargon-y and more understandable to a broader audience. However, my technical knowledge in this field is not great and I encourage subject matter experts to determine if I've made anything wrong by accident.
Again, would appreciate it if subject-matter experts would review my edits. I had several objectives: We talk about the regulatory action against binary options before describing, clearly, just what they are and where they are traded.
The Cyprus Securities and Exchange Commission, as part of their belated crackdown on the binary option industry, has issued a list of domains they know about which are doing binary options business but are not regulated by them. Banc De Binary is on the Quebec list, and that's already covered.
We have joined together, all the enforcement agencies, to combat this ugly phenomenon. We have declared an all-out war against binary options. We hear dreadful testimonies and stories about people being persuaded to enter this arena. I make it clear all the time that see these operations as forbidden and akin to extortion and exploitation of the public by greedy charlatans, that phone them up and take their money.
We are doing everything that we can today to stop this. New blacklists of binary options brokers from France's financial regulator  , Swiss financial regulator  , and Italy's financial regulator . New statement from Singapore police. One binary option operator has renamed binary options " Digital s ". Another name is " Binarex ". I request to add under "further reading" the following: A little off topic on this page, please forgive me, but a new article at IQ Option could use a once over by people familiar with this topic area.
Wikipedia already has a bit of a history with IQ Option - their website is on our spam blacklist. Smartse , Nagle , and Brianhe: For example, for some reason I am hesitant to name the FBI agent who was quoted, even though it's right there in the Times of Israel.
It just seems that the important thing is his position within the FBI, not his name. But whatever people think best. Another example is whether to include the FBI's complaint website address. Thanks in advance for any help. The bill to ban the binary option industry in Israel has reached hearings in the Knesset. There are 20, people employed in binary options in Israel, and 60, people indirectly.
You see the building boom right now in Tel Aviv? Well, you can just say goodbye to that because most skyscrapers in Tel Aviv will be empty. There will be no one to fill them up. The main argument for shutting down the industry was "Because this industry gives Israel such a bad name and inflames anti-Semitism, we must uproot the phenomenon.
I've been bold in removing a post here that seems to have been advertising See WP: NOADS or paid editing for a publication that seems to promote binary options trading from certain firms. If anybody objects to my boldness, you can certainly add back the section using the the history page. Note that I do not blame the editor, he may have been acting in good faith without knowing our sometimes complicated rules. But I do think it is up to us to actively let people know what our rules are, and when they seem to be violating our rules.
Times of Israel gives a name, but it's not a name I'd recognize. Others have said this was from an undercover operation by Israeli police. So it seems this might be more than a simple single arrest.
We can probably put the owner's name up as soon as another source confirms it. However there may be a similar problem to binaries in the sense that they can be used by bucket shops. The Times of Israel has done an investigative series on binary options, and has mentioned this very article in so doing. I think this needs to be incorporated in this article. I think it deserves a brief mention.
Sometimes editors go overboard in such situations, but let's not. Please see Israeli ministers approve bill to outlaw entire binary options industry. Not that it's a done deal.