Introduction to Binary Options Trading

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At a joint press conference, they updated on the alarming scale of the phenomenon and called for public awareness of such scams. Highly-speculative trading is the most widespread and worrying example. Numerous adverts, displayed on sites with high audiences and targeting the largest number of people possible, flaunt unrealistic promises about gains to be made: companies operating with very dubious, or even illegal, practices are behind these commercial approaches.

Aimed at duping the general public by displaying false logos or authorisations, these offers pretend to help individuals recover their losses incurred on trading sites or repatriate money supposedly seized in a third-party country. An AMF study on the clients of the main providers authorised by serious regulators showed that highly-speculative trading was intrinsically dangerous for individuals: clients recorded EUR175 million in losses versus EUR13 million in gains over four years and 90 of the investors were loss-making (2).