Kalogerou: FX and Binary Options Call Centres May Be Required to Move to Cyprus

18:42 - 04 Μαΐου 2016

Binary options brokerages have been at the centre of the discussions of financial regulators worldwide. Some regulators, like the Israeli Security Authority, have banned this activity. Others, like the Canadian and the French regulators, are constantly issuing warnings and new regulations, making binary options activities in these countries more and more challenging.
 
The core discussion revolves around the question of whether binary options is a financial instrument, or gambling. One of the main complaints aimed at binary options brokers is regarding their call-centres, which are considered by some as too aggressive.
 
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