On May 28, 2017, Forex News Now featured a very informative article on both FOREX and Binary Options and the weaknesses of both market designs.
The article entitled: CySEC to consider a ban on Binary options altogether, discusses why CySEC (the Cypress Securities and Exchange Commission), with other financial regulators, have toughened laws governing the Forex and binary options industries.
This is a response to the numerous claims of frauds in the industries by aggrieved clients, especially in the binary options industry. Oh dear, so even the CySEC is considering a ban!
All of these Binary Options Traders could simply switch to FUTURES and completely avoid the issues they are facing.
One Simple decision with global ramifications for their trading!!!