List of Regulated Binary Options Broker
The most important feature for the respectability of a binary options broker is the regulation by the Financial Regulator. Works a broker under this regulation – for example, according to the guidelines of the CySEC (Cyprus Securities and Exchange Commission) in Cyprus – so testifies this by seriousness and compliance with minimum and quality standards as you will be expected by the financial services of banks.
Regulation binary options brokers:
The regulation distinguishes financial transactions onlinescam from gambling. For the Binary Options industry regulations play an increasingly important role. Just by increasing criticism of the highly speculative financial binary options all conditions must be met for a reputable trade. We recommend in principle only broker with a CySEC regulation.
The CySEC in Cyprus:
The CySEC is the Financial Services Authority of the country of Cyprus. It was founded by Cyprus joining the European Union in the year of 2004. The CySEC has the power to the entire financial system of Cyprus. With the establishment of the CySEC as a prerequisite for the EURO introduction in the country, the country is working according to the applicable tax and financial policies of the EU.
Anyoption top5 provider
Aim a broker regulation, so he undergoes periodical inspections, which are connected with great effort and continuous reports. All transactions, money transfers, trades and reservations must be detailed comprehensible managed and kept secure. These data are the CySEC Online Scam continuously, depending on the type of data weekly, monthly and provide quarterly available. Periodically come licensing controls that verify compliance with the standards, added. The non-compliance is punishable by heavy fines and ultimately lead to loss of license.
Binary Options Broker CySEC regulated
These brokers you can trust.
anyoption top5 provider:
anyoption is regulated since the end of 2012 at the CySEC under the license number 187/12 and listed.
top5 provider bdswiss BDSwiss is by the CySEC license number since the spring of 2013: regulated 199/13.
top5 provider 24option 24Option is listed with the license number 207/13 in the Cypriot financial supervision.
top5 provider banc de binary Banc de Binary undergoes already since May 2012 a regulation under license number: 188/13
top5 provider optionFair OptionFair is also regulated at the CySEC.
Tax haven until of 2004
The above list confirms that the focus of the industry gathers in Cyprus. Nearly all binary options brokers in the European market, are today with their https://www.onlinescam.net/binary-options-canada/ headquarters in Cyprus. Thus, Cyprus has developed in recent years become a major financial center. Cyprus as an EU member, has, still struggling due to his past with some prejudice. So Cyprus was similar to the Cayman Islands, a tax haven until of 2004. With the inclusion in the European Union, the country strives to overcome these prejudices.
Cyprus and deposit guarantee:
With the EU membership of Cyprus is terminated, European standards and guidelines in force, as the MiFID. This guarantee certainty, transparency and compliance with minimum standards to which you can rely on as a trader, as European banks operate according to the same standards. An important additional standard is the Deposit Guarantee (EC Directives 94/19 / EC) within the EU. So Cyprus guaranteed up to 20,000 euros per merchant account security.