I'm trying to understand why binary options are considered illegal. I've heard they involve high risks but what exactly makes them unlawful? Is it the trading mechanism or some other regulatory issues?
7 answers
Valentina
Wed Dec 04 2024
The platform extends the countdown to expiration arbitrarily.
CharmedSun
Wed Dec 04 2024
Complaints have been raised against Internet-based binary options trading platforms.
FireflySoul
Wed Dec 04 2024
The allegations claim that these platforms manipulate the trading software.
Paolo
Wed Dec 04 2024
This manipulation is said to distort binary options prices and payouts.
Lorenzo
Wed Dec 04 2024
Specifically, it is alleged that when a customer's trade is showing a profit.