Tag Archives: Binary options Mifid

Regulated Versus Unregulated Brokers: Is There Really a Difference?

Recently we have been witnessing a flood of new brokers entering the binary options scene. Some of which have even opted to select strange names for themselves like Bee Options or Planet Option, all of these are eventually destined to become regulated or extinct. The reasons for this vary, but it’s becoming more difficult to accept credit card transactions, particularly from the United States. Certain brokers that have risen to the challenge and decided to get a license from CySec or MiFid, have absorbed significant costs related to obtaining the actual license, conforming to regulatory norms, and finally actually paying …