Extended ban on binary options retail clients to 2031

After losses of close to half a million dollars, ASIC extended its product intervention order prohibiting the sale and issue of binary options to retail customers. The corporate regulator confirmed that the ban will remain in effect until October 2031. It was first implemented on Monday, 3 May 2013. This follows a conclusion by the … Read more

How does forex trading work?

For as long as there have been different currencies, people have tried to use the value of fluctuations to their own advantage. In earlier times, however, this was usually associated with a lot of effort. It was digitization that made it possible for anyone to trade in different currencies under the buzzword “Forex Trading” within … Read more

Huge online trading fraud: Investors damaged by 100 million euros

Several hundred interrogations and 50 account openings in Germany and abroad were carried out. Thousands of Austrians ripped off. The Central Public Prosecutor’s Office for the Prosecution of Commercial Criminal Matters and Corruption (WKSTA) conducts numerous investigations against international groups of perpetrators, which a large number of private investors in total in connection with so-called … Read more