There is too many sad stories, scam brokers, fake robots, thieves...... France and Belgium already ban BO. To be honest I am pretty sceptical about the future of BO.http://www.timesofisrael.com/fbi-eu-fraud-authorities-hold-emergency-summit-on-binary-options-fraud/
So, what do you think? Will 2017 be the end of binary options?
Anybody here from France or Belgium?
This is what is important to focus on. The bans do not mean citizens cannot trade them, it simply means companies cannot advertise to those citizens in those countries that issue the bans.
Binary Options will consolidate before it grows again; the right way. Brokers like Binary.com and Marketsworld and a handful of others that are regulated (properly regulated not CySEC), most likely will grow as they soak up excess demand.
Think about it, why does a Binary.com, ETX, MW, Optie need to shut down because of these bans? Your local bucketshop out of Israel may need to shut down owing to an inflated cost-base, dubious client engagement practices, the ISA cracking down on them and their inability to advertise in their usual hunting ground jurisdictions like Canada/EU etc, but the world's a big place and binary options are a very enticing asset class to make money in.
There are thousands of spams in this forum depending on when you are here, so you might sign in a minute after we have removed 200 spammers and missed one, you can flag it instead, that would help. Thanks. PS, I just banned and removed a whole lot of spammers up to 100's of posts... never stops.