Binary options were not regulated at all for quite a long time. Only in May 2013 CySEC announced the beginning of regulation for binary option brokers. A regulated binary options broker has all its trading processes and payment procedures standardized according to the regulator’s requirements.
The regulators’ spheres of interests are divided on the territorial principle, according to the economic zones of their activity. Binary options are especially popular among the European and Russian regulators.
The most popular regulators are the Center for Regulations of Financial Markets Relationships and the Cyprus Securities and Exchange Commission (CySEC). It is visible from the table that the majority of binary option brokers are regulated by CySEC.
CySEC’s main task is supervision and control over the investment activity and capital markets. CySEC is a state body, a part of the European Union’s Markets in Financial Instruments Directive.
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