Regulated Binary Options Brokers
The latest news concerning regulated binary options brokers make all the online investing fans truly happy. There are some significant changes happened in this financial branch. First of all, one of the largest players on the binary options market Banc De Binary has been registered in the UK by FSA. It implies that Plus 500 will soon join this market as a regulated brokerage company too.
After this event we could also distinguish a following tendency. Not long ago most of binary options brokerage companies were registered exceptionally in some well-known offshore locations including Cayman Islands, Gibraltar, Marshal Islands or Cyprus. It made the functioning of these brokers easier, but traders would definitely prefer to cooperate with strictly regulated trustworthy companies. The situation began to change at the end of December after Banc De Binary has proclaimed its decision to cease an acceptation of users from the USA. It was apparently a negotiation with CFTC regarding the possible license approval that caused such a decision. The administration of Banc De Binary received a clear message about the possibility of becoming a regulated binary options broker in America and, of course, it didn’t want to miss such a great opportunity.
As a result, in February Banc De Binary declared some great news for its clients. This famous brokerage company has been officially registered by FSA at last. This step definitely gave Banc De Binary a real advantage in high competitiveness against the other brokers.
Why do Traders Prefer Regulated Binary Options Brokers?
No doubt, all binary option traders are trying to keep their funds and personal data protected as much as possible. The financial analysts reported that it was the crisis in Cyprus that caused so much concern about the safety of trading accounts among the numerous online investors from all around the world. Of course, every trader could contact his/her brokerage company in order to make certain, whether it’s regulated or not. Investing money requires a maximum confidence in security. That’s why most of traders are eager to collaborate only withregulated binary options brokers that meet the highest standards set in the industry.
As we can see, binary options trading is slowly but steady becoming a fully regulated instrument of online investing. Currently different brokerage companies could be registered by FSA, CNMV, BaFin or CONSOB, which allows them to accept signed up traders from Germany, Italy or, let’s say, from UK. The bigger assortment of regulated brokers a trader community has, the more confident in their trading decisions online investors are. This promotes the whole industry greatly and attracts more and more traders that could be certain for now in safety and security of their money and personal information as well as financial stability of various brokerage companies supporting their trading campaigns.