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Binary Options

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A binary option is a financial exotic option in which the payoff is either some fixed monetary amount or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option.

Bulgaria Raids Operations of €30 Million Binary Options Fraud

May 13, 2021

The Bulgarian authorities recently conducted a major raid against an organized criminal group, which was involved in financial frauds using binary options and other risky instruments. The group is believed to...

SEC Indicts Spot Option and Two Operators, Pini Peter and Ran Amiran

April 19, 2021

The United States financial market regulator has moved against binary options company, Spot Option and its two operators, Malhaz Pinhas Patarkazishvili (Pini Peter) and Ran Amiran for running illegal operatio...

CMC Markets to Stop Offering Countdowns to Aussie Traders

April 13, 2021

CMC Markets (LON: CMCX) has notified its clients in Australia that the trading platform will stop offering Countdowns, an investment similar to binary options, in the county from the end of this month. “Plea...

OANDA Poaches Ella Hacer Gumus from Rival GAIN Capital

November 4, 2020

Retail forex brokerage, OANDA has appointed Ella Hacer Gumus as its new senior affiliate marketing manager. She joined the brokerage from rival brokerage GAIN Capital. According to her Linkedin profile, Gumu...

Gain Capital Pushes for CBM Review to Invalidate OANDA Patent Case

October 19, 2020

Gain Capital, the largest retail FX broker in the United States, has written to the US court hearing the case of patent infringement allegations brought by OANDA as the legal standoff evolves. The Canadian-base...

OANDA Rejects GAIN Capital’s Stay Order Request in Patent Lawsuit

October 15, 2020

In connection with the patent infringement lawsuit against GAIN Capital, OANDA Corporation has filed a motion dismissing several claims made by the defendant for a stay order. In the latest motion filed by O...

Binary.com Rebrands to Deriv.com

May 4, 2020

Binary.com, a pioneer in the retail online trading space, has rebranded into Deriv.com with new products and enhanced user experience, the firm announced today. Deriv.com, previously known as Binary.com, off...

UK to Change Binary Options’ Legal Status from Gambling to Investing

April 13, 2020

A recently published draft legislation consultation paper by Her Majesty’s Treasury shows that the UK government is set to switch the regulatory framework for binary options trading from gambling to financial...

OANDA Introduces Professional Accounts as Tougher Regulation Looming

January 25, 2020

Nearly two months before ASIC will go ahead with its tougher conditions on CFDs trading, the Australian business of global FX brokerage firm, OANDA is introducing a new professional trading account. The new ac...

Consob Bans 24Option Trading Services in Italy

December 24, 2019

Consob, the Italian securities regulator, today ordered 24Option (operating via CySEC licensed Rodeler Limited) to cease operations in the country. According to a statement on the watchdog’s website, the com...