Why So many Binary Options is Scam?
It really depends on the specific broker. Here at scam broker we investigate and review binary option brokers so that you will know which government agency is responsible for regulating them. Although, many binary option brokers are not regulated and behave more like a backyard casino operation, there are binary brokers who are legitimate financial organizations.
Binary option brokers are monitored, licensed and regulated by the likes of the CySEC in Cyprus and the FCA in the United Kingdom, FSB in South Africa, CONSOB in Italy, the CFTC in the USA, ASIC Australia, CNMV, BaFin, Finansinspektionen, Finanstilsynet, PSZÁF, NBS, and CNB in the EU (European Union) and the list goes on and on.
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Teaching Forex and Binary since 2005.
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Binary Options Trading skill is built on top of Forex Advance Skills.