Options: Binary

The binary options market is notorious for scams, leading regulators like the to estimate that scammers steal approximately $10 billion annually worldwide.

: A "reload" scheme where scammers contact previous victims posing as government agents offering to recover lost funds for a fee. 🗺️ Global Legal Landscape binary options

: The FCA has a permanent ban on selling binary options to retail consumers. The binary options market is notorious for scams,

: Permanent bans are in place across most member states (e.g., Germany, France, Italy) following an initial EU-wide ban by ESMA . binary options

Binary options are often viewed by regulators more as than investing because the "house" (broker) typically has a mathematical edge. In many structures, a trader must win more than 54.5% of the time just to break even.