There are currently no legal requirements for the binary options firms to set out such disclaimer on their website and therefore most investors proceed with purchasing binary options investments in the incorrect assumption that they are dealing with a UK regulated firm, which is not the case.
CySec regulation, in any event, does not prove to be sufficient protection for consumers. The restrictive powers of CySec mean that they cannot order the broker companies to re-pay funds to investors. Instead, CySec tend to issue administrative fines only. Giambrone will continue to fight vigorously for the protection of customers and to ensure the wrongdoers are held accountable. Our international lawyers are able to provide assistance in English, French, Spanish, German and Arabic.
Do not provide personal data. Additionally, some binary options Internet-based trading platforms may overstate the average return on investment by advertising a higher average return on investment than a customer should expect, given the payout structure. In this example, an investor could expect -- on average -- to lose money. Investor Alert: Binary Options and Fraud. The Office of Investor Education and Advocacy has provided this information as a service to investors. It is neither a legal interpretation nor a statement of SEC policy.
If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Please enter some keywords to search. Binary Options Fraud. What is a Binary Option? Investor Complaints Relating To Fraudulent Binary Options Trading Platforms The SEC has received numerous complaints of fraud associated with websites that offer an opportunity to buy or trade binary options through Internet-based trading platforms.
Beware of Overstated Investment Returns for Binary Options Additionally, some binary options Internet-based trading platforms may overstate the average return on investment by advertising a higher average return on investment than a customer should expect, given the payout structure.
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