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 Binary Options Canada - Best Brokers For Canadian Trading

Binary Options Canada - Best Brokers For Canadian Trading

Canada’s Binary Options Problem

Canada’s recurring binary options problem

Approximately seven months ago the Canadian financial regulatory authorities enacted a ban on brokers offering binary options to all retail traders. Unfortunately, these actions seemed to have had little to no results on certain brokers that have implemented new tactics in order to gather money from unsuspecting investors.
On April 12th the Investment Industry Regulatory Organization of Canada, more commonly referred to the IIROC cautioned Canadian traders not to be duped by fraudulent online trading brokers attempting to unlawfully sell binary options under the pretense of legitimate brokers regulated by the IIROC.

Binary options scams still exist

Recently the ombudsman has been made aware of at least two brokers that misleadingly state that they are regulated by IIROC:
Binary options cannot be offered or sold to retail traders in Canada and the regulator has issued plenty of warnings, imploring Canadian citizens not to invest in these fraudulent companies. Under no circumstances are IIROC regulated entities authorized to sell binary options to retail investors in Canada.
This troubling tendency is bringing up concerns about how effective a blanket ban on offering of such toxic products as binaries to stop scams. ESMA, the European Securities and Markets Authority has recently put in rules that prohibit regulated brokers from offering binary options to retail investors. However, these recent developments in Canada call into question on whether a ban in Europe would, in fact, produce the wanted effect.

Opposition to the binary options ban

It should be noted that when the Canadian regulatory authorities first suggested to ban binary options, the proposal encountered stern opposition. The Investment Industry Association of Canada (IIAC), which represents 130 Dealer Member firms regulated by IIROC, asserted that the injunction should only include binary options scams offered by unregulated binary options brokers. The IIAC further maintained that its members should be allowed to offer binary options to retail traders.
Interestingly enough there have been proposals to allow trading binary options on an exchange, as this is allowed in the United States. However, opposed to that line of thinking are organizations such as the Canadian Advocacy Council for Canadian CFA Institute Societies (CAC), which heavily supported the binary options ban proposal and even went beyond it by questioning the status of OTC (Over the Counter) or more commonly known as retail Forex trading. The council questioned whether the sale of similar financial instruments to retail investors should additionally be restricted.

Get help now

If you are the victim of an HBC Broker scam be sure to send your complaint to [info@fundsrecovery247.com](mailto:info@fundsrecovery247.com), and we will do our very best to get into contact with you as soon as we can to initiate your funds recovery process.
submitted by taifkhan420 to u/taifkhan420 [link] [comments]

Online Trading and International Stock Markets

The innovations of the Internet have contributed to varied changes in the ways that we lead our lives and our affairs. We are able to pay off our accounts online, shop online, deposit money online, and even go dating online! We might even buy and sell stocks via the Internet. People enjoy having the energy to see their accounts each time they choose to, and agents like having the ability to just accept orders on the Internet, as despite the phone.

Most brokers and securities firms now provide web trading for their clients. Additional beauty of trading online is that fees and commissions are much lower. Although online trading is neat, there are always a few drawbacks. If you're fresh to investing, holding the energy to actually speak with a broker might be rather beneficial. In the event that you aren't apprehend in stock exchange field, online trading might be considered a risky thing for you. If this is actually the event, make sure you pick up as much as you are able to about dealing stocks before you begin trading online. It's as well a powerful idea to go with an online brokerage house company that has been doing business for a while. You will not discover the one that 's been around for 50 years naturally, but you are able to fall into line an organization that's experienced this line of work that long and now provides online trading services.

There is a whole universe and trillions to be manufactured in markets beyond your NASDAQ. Foreign online stock dealing has made it attainable for bold investors to capitalize on purchasing a number of the secondary stock markets across the globe binary options. When USA financial market is inconstant or if you simply desire to distribute your investment dollars throughout the boarders, sometimes it's worthy to determine what a number of the transnational market professionals are executing.

US, Asian, European, Australian and Canadian stock exchanges may have varied parties and stocks within their financial markets exchanges, but the truth is a clever investor studies the yields of the average person company's stock and scans what the charts tell him about the annals of this stock ahead of investing hard earned money in international businesses, countries and economies. As a result of high flexibility of numerous online trading systems, this implies you are able to broaden your investment portfolio and possibly make money from the overseas markets trends.

Employing an on the web program to transmit your global stock trading entails you may order your trades wherever and whenever you decide - even in the center of the night. You can even prefer to position trades across various stock markets, but the best part in regards to a multinational online trading account is that you certainly can do it from a uniform account, instead of having to log into numerous ones to find yourself in the international markets you want.

Make certain you explore your international stock dealing information exhaustively and take the time to master about numerous of the outstanding opportunities that await you across the globe.
submitted by abelrichard to u/abelrichard [link] [comments]

binary options scam exposed


Recover from Binary Options
Have you ever been tempted to get involved in binary options? Have you had a bad experience? Have you been scammed. How do you recover from binary option scam.
It happens to many people, even professional educated people. The first thing if you have been scammed is to not blame yourself wholly. Neither beating yourself up will help. More importantly do not even think about suicide, while there is breath there is still life and hope of better things to come.
There was a case of a Canadian man who got scammed, lost a lot of money and then committed suicide. There are many stories of people who have been scammed and have no clue how to recover from binary options. I was scammed myself when I first got started then I met Adrian. Who is a crypto guru and help me through my refund process. I didn’t believe at first. But I got all the money I lost back.
Firstly it goes without saying, prevention is better than cure. Here are some tips to help

Make sure the broker that you are using are registered with a proper regulatory authority like the FCA.
Make sure you only risk money you can afford to lose
Don’t do any investments to make a quick get rich program they are bound to lose you money.
Learn and educate yourself in financial matters
Never take advice from a broker as they make money if you win or lose. Many people who listened to a broker have in many instances lost money, you would be better doing the reverse of the trading advice.
Practice on the demo until you are proficient and never add funds to cover a shortfall as it probably means you are going to lose it.
Generally better to stay away from binary schemes and go more for forex.
But same principles apply for forex trading.
Stay away from trading robots and automated systems as in many cases they are scams.
Always try and use a credit card as you get a level of protection against fraud.
If you have already lost money to binary option and you are in desp need of refund contact “Gcapitalretriever” via Skype.
submitted by loftuslorii to binary_options [link] [comments]

Binary Options are essentially a worse Forex.

Hey everyone, hope you are having a good day.
I originally started trading with Binary options, made a pretty good go at it and was relatively profitable.
However, the Canadian government put severe restrictions on binary options at the end of 2017, making it illegal for brokers to offer trades to Canadians in less than a 30-day time frame, essentially killing the industry for short-term Canadian binary options traders.
Just recently I switched over to Forex trading after hearing on various forums that the two types of trading are very similar, and honestly besides the interface difference in a lot of ways they are identical and superior, especially if you use stop losses & take profits, it is essentially the same idea without a restricted time frame.
I have to honestly say that I am so glad I switched to forex trading, and I would advise any of my fellow Binary options traders to learn the differences in interface and do the same.
submitted by TheProtienJunky to Forex [link] [comments]

Worrying ICOs of Spot Option and IQ Option WARNING

Hi I am glad icocrypto exists because as a crypto trader and a big enthusiast I want to do my part to keep this space clean. I have been observing a worrying trend that I wanted to share my opinion on and alert fellow investors and traders on giving real hard facts that could save us all, collectively, a lot of money and emotional pain. There are some major fraudsters, conmen and scam artists that are soon looking to ICO and not 1 dollar of the crypto currency communities money should be given to them ESPECIALLY after the STOX ICO which later was exposed as a scam. Read here for those who missed it: https://www.reddit.com/Bancocomments/6o34fz/heads_up_for_those_who_intend_to_invest_in_the/
Around 9 months ago I lost a friend. He was around my age and also a consultant to one of my fledgeling businesses in the Quebec region. At first I thought it was some hoax or prank but he had mentioned to me about some personal problems he was going through during our working relationship. Little did I know the situation was far darker and serious than he had led on, otherwise I would have helped. I am talking about Fred Turbide who killed himself in his garage leaving behind a sad and bankrupt family. He was lied to and cheated out of his live savings by an Israeli binary options company called 23Traders. You can read the whole story here none of this is made up https://www.timesofisrael.com/fleeced-by-israeli-binary-options-firm-canadian-man-commits-suicide/
Based on my research 23Traders is a brand of Spot Option, an Israeli company that owns 70 percent of the binary option trading market. The founders of this company known as Pini Peter and Oren Shabat and some guy called Semi Vahap, have been indicted for fraud/money laundering and their subsidiary brands like Banc De Binary (one of the biggest binary option scams that was ejected from USA and shut down). You can read about this in their OWN WIKIPEDIA page: https://en.wikipedia.org/wiki/SpotOption
For those who were taken in by the STOX ICO scam where they swindled around 30 million dollars from crypto investors, you will never see any return on that share again. STOX as the reddit thread i have posted above proves, is basically the same team of ANY OPTION another SPOT OPTION brokerage. ANY OPTION has scammed thousands of clients, been fined repeatedly and was "bought out" yeah right. They rebranded to invest.com and ICO'd a company that has no real traffic, lying about their figures.
Having dabbled in binary options before, I knew it was a fun way to trade where one could make a lot of money but after my broker IQ option (I will talk a little bit more about them later in this post because they are planning to ICO!) decided to lock me out and deny me my wins, that is where i knew I was dealing with a sinister set of people. To my dismay, since I hang out at Forex Peace Army which helps keeps traders like me alert for new scams, I found out that these Isreali binary scam brokers are now looking to ICO so they can pull off a giant scam only this time with THE PUBLIC'S MONEY!. https://www.financemagnates.com/fintech/news/exclusive-spotoption-announces-blockchain-based-trading-via-spotchain/
Spot Option is the first one that is looking to ICO and then I found out today that IQ Option, the company that stole my deposit and regularly stops traders from being awarded their RIGHTFUL gains and wins, is also looking to do an ICO. http://www.financemagnates.com/forex/brokers/iq-option-teases-upcoming-ico-limited-tokens/
Here is the truth about IQ Option: They pay hundreds of people including their employees to write good reviews including affiliates who write fake 5 star reviews. The truth however is very dark you can read it here http://brokerscamalert.com/iq-options-review/
and most importantly, Forex Peace Army which actively hunts down these bucket shops paints a very different reality. You will see in this post that there are hundreds of threads of customer complaints of outright denial of withdrawals, manipulation of price data and even threats issued by this company to clients: http://www.forexpeacearmy.com/community/search/6362854/?q=iqoption&o=relevance Only the problem is you don't find these reviews on page 1 or 2 of google so easily so many people get duped. If you know where to look, you can easily find them and the truth emerges.
Before Spot Option and IQ option type of brokers entered binary options actually it was fun and fair and regulated brokers existed but these firms completely destroyed everything by greed and praying upon the hope of the desperate. Do not fuel their intentions or fall prey to their lies. I have so much evidence if any one has questions I will post more.
Please DO NOT give these scammers any money, they have already swindled millions from poor people around the world and now want to use the "lack of information" in the crypto currency about what really went on in the binary options space to create scarcity value and try and hype up their scam. Please post here your responses. I am not promoting anything here I just don't want these leeches to steal any more money.
-danpirung
submitted by danpirrung to icocrypto [link] [comments]

Fleeced by Israeli binary options firm, Canadian man dies by suicide

This is an automatic summary, original reduced by 91%.
On December 21, 2016, Frederick Felix Turbide of Edmonton, Alberta, shot himself in the chest after losing his savings and additional money he borrowed, totaling over C$300,000, to several binary options trading websites.
Turbide had been urged by his broker at 23Traders, who went by the name of "Julian Wellington," to gradually invest his entire life savings as well as credit for his home and business into binary options, with reassurances that he would make significant revenue.
A third Canadian law enforcement official who spoke to Turbide's family, and who alerted The Times of Israel to his suicide, said 23Traders somehow managed to charge more money to Turbide's credit card even after his death and even after his family had put a hold on the card.
Turbide's family members described him as above all a kind and principled man.
23Traders responds The Israel Securities Authority declined to comment on the case and Turbide's suicide.
The Times of Israel invited 23Traders to respond to the details in this article including Fred Turbide's suicide, its operations, broker "Julian Wellington," and the Market Giants call center.
Summary Source | FAQ | Theory | Feedback | Top five keywords: Turbide#1 Israel#2 binary#3 Wellington#4 options#5
Post found in /worldnews, /Israel and /UMukhasimAutoNews.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Fleeced by Israeli binary options firm, Canadian man commits suicide

This is an automatic summary, original reduced by 91%.
On December 21, 2016, Frederick Felix Turbide of Edmonton, Alberta, shot himself in the chest after losing his savings and additional money he borrowed, totaling over C$300,000, to several binary options trading websites.
Turbide had been urged by his broker at 23Traders, who went by the name of "Julian Wellington," to gradually invest his entire life savings as well as credit for his home and business into binary options, with reassurances that he would make significant revenue.
A third Canadian law enforcement official who spoke to Turbide's family, and who alerted The Times of Israel to his suicide, said 23Traders somehow managed to charge more money to Turbide's credit card even after his death and even after his family had put a hold on the card.
Turbide's family members described him as above all a kind and principled man.
23Traders responds The Israel Securities Authority declined to comment on the case and Turbide's suicide.
The Times of Israel invited 23Traders to respond to the details in this article including Fred Turbide's suicide, its operations, broker "Julian Wellington," and the Market Giants call center.
Summary Source | FAQ | Theory | Feedback | Top five keywords: Turbide#1 Israel#2 binary#3 Wellington#4 options#5
Post found in /Israel, /worldnews and /UMukhasimAutoNews.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Fantasy Stock Pro Review - Ryan Harper's new day trading software strategies Is is Scam or best penny stocks listing

Fantasy Stock Pro Review - Ryan Harper's new day trading software strategies Is is Scam or best penny stocks listing Helo, viewers we have made a under processing review about "Fantasy Stock Pro" which will update step by step how this day trading stock picks perform in market. Fantasy Stock Pro's Ryan Harper promises very high and quick returns to it's traders. But is this online stock investing software system a scam or it is best trading penny stocks in the market? Free download Fantasy Stock Pro as now hot day trading penny stock.
Product: Fantasy Stock Pro
Owner: Ryan Harper
Niche: day trading strategy
Website: FantasyStockPro.Com
My Fantasy Stock Pro Review
Binary option trading software is simply and one of the best way to execute winning trades without analyzing charts and following the market conditions but some trading platforms can prove to be a scam. The main header of the official website is the first thing we noticed that is not legitimate.
We see messages like this, normally in the binary options market with engineers attempting to make their items appear to be more imperative than they really are. Ryan Harper, creator of the software, trusts that he can instruct individuals to utilize his platform to make unbelievable huge profits of dollars every week.
Does Fantasy Stock Pro Scam
The Fantasy Stock Pro page likewise comprises of a story that clarifies how Ryan Harper ran over this technique. He let the traders know that he lives in Las Vegas and was really beginning to bring home profits playing blackjack yet, in the end, he came to the end of the month and he was dead bankrupt. In spite of the way that he was rendered bankrupt from playing blackjack he felt that he could utilize his blackjack system while trading stocks.
Ryan claims it’s conceivable to take 500 dollars and transformed into 500,000 and just 5 exchanges. There is no real proof that this software really works and this is the reason why we not recommend you to invest in another more reliable and trustworthy binary options system.
Is Fantasy Stock Pro Auto Trading Software
We won’t be recommending Fantasy Stock Pro software in light of the fact that it’s not an approved binary options trading software and the deals page does not persuade this is much else besides a “get rich fast” plans. As it’s highly unlikely for a free software to make you a millionaire in a matter of 5 minutes. So the traders should pay attention towards the privacy policy and agreements of the site as it does not seem legit to us.
Conclusion
After detailed investigation our team concluded that this Binary Robot is not safe. The lack of real and unbiased reviews on the Internet only increases our uncertainty. After opening an account with this auto-trading system, we have not yet achieved the profits advertised on their sales page. Unfortunately we cannot confirm that this robot is decent. .
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Binary options brokers who wish to grow their business by acquiring their own platform, look here...

I work closely with the owner of the most popular Binary options white label provider, if you are already running a lucrative business as a Broker or affiliate you may have wondered if this is something you can afford.
I believe that if the question is only about cost of acquisition, then the answer is probably yes. The first problem you will face after will be delays to receive all licenses and to complete a deal with a global payment processor. Your website itself should be delivered key-in-hands and fully functional so that bit is easy. Next is to arrange all the Marketing materials, be prepared to be on your own here, so it could be that an experienced Internet Marketer would do better-cheaper-and-faster for this task then someone who is purely a broker.
But the most important part of all in this business is to build the sales team. You need a very big Marketing budget or a few very good affiliates working with you and you need to care and nurture these affiliates all the time. Then in your call center you need people specialized in conversion and others specialized in retention, plus you need some good resources who know something about stock trading to answer these very demanding clients.
It is also possible to outsource all your call center functions against a certain percentage of revenues/sales. Only Canadians(like me) are probably naive enough to trust others to such extent, but the other option is to manage it all yourself and keeping a bunch of sales people happy and effective, day in day out, is not an easy job, I sure would not trust myself for handling such responsibility.
So like many other business decision, this one is not so easy, it depends of many things and the cost of the binary website itself is not necessarily your most significant risk.
But if you are in this business you understand the language of numbers and so it is possible to visualize how much of an opportunity this could be for you...
Meanwhile, due to the nature of this business I cannot just declare all numbers here publicly but I would be happy to answer your comments and you can contact me privately for more info, PDF presentations and all.
Kind regards,
Good luck
submitted by PGIClub to Binaryoptionsexperts [link] [comments]

Canadian Binary Options Trading  List of Best Canadian Binary Options Brokers 2014 All about Top 10 Canadian Binary Option Brokers - Binary ... BINARY OPTIONS STRATEGY 2020 - Awesome Strategy for Beginners Best Binary Options Brokers Review- USA, UK & Canada ... The Greatest Guide To Canadian Binary Options Brokers ...

Regulated Binary Options Brokers NEW ACCOUNT BONUS MINIMUM DEPOSIT TOP PAY BRAND CLOSED Review BRAND CLOSED 100% $250 89% Review Trade 25% $200 71% Review Trade 100% ... Trading binary options in Canada has become an increasingly popular choice for many investors. With many international brokers now fighting for their share of the market, they turn to markets in which they can attract investors and grow their user base. It is no exception here, and many brokers have become focused on this country as a growth area. Please enjoy your visit to the Canadian Binary Options website, and do have a good look around for we are always adding new sections to our website to keep it fresh and up to date, and remember that each of the Binary Option sites and brokers listed throughout our website all cater for Canada based traders, and as such you will of course be able to deposit, trade and withdraw any profits in ... Is Binary Option Trading in Canada Legal? Until 2017, there was no reference to trading binary options anywhere in Canadian law. In late 2017, Canada made it illegal for binary options brokers to operate within the country’s borders.. Even before this law was implemented, Canadian authorities insisted that investors steer clear of any broker that operates within the country. Canadian Binary Options Brokers – an Overview Canada was one of several countries where there was no legalisation in place for Binary Options trading. That is until mid-2017, when a review of investor losses and illegal broker operations had highlighted cases of fraud against investors by unscrupulous brokers.

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Canadian Binary Options Trading List of Best Canadian Binary Options Brokers 2014

Try Demo: http://bitly.com/iq-option-affiliate-56574 Binary Options - Best Binary Options Brokers review- USA, UK & Canada worldwide - Binary Options. =====... Binary options buying and selling broker, which presents entry to a wide array of markets and financial commitment possibilities Binary options present just two outcomes: all Binary options buying ... Check out Our Blog: https://bit.ly/32uqMH5 - Some Known Incorrect Statements About 1050 - Legal Canadian Binary Options and Brokers for 2020 Finding the best... Best Canadian Binary Options Trading and Brokers Online Sites by top10binary.net http://tinyurl.com/GOptions-2014 = Binary Options Platform 2014 Canadian Binary Options Trading List of Best Canadian Binary Options Brokers 2014 - The bi...

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