Binary Options Watchdog

As an intense global business year draws to a close, we at Binary Options Watchdog think that it is an appropriate time to take a look at the Binary Options trading industry not only from negative perspective and review the TOP 3 Binary Options Brokers of 2015.

Political instability and economic challenges have contributed for significant market turbulence as leading currencies, stocks, indices and commodities fluctuated in value abruptly and constantly, and although it’s arguable whether this has had a positive or negative influence on the global economy scene, it has certainly presented significant profit opportunities for reputable binary options brokers.

Not long ago viewed and, in various jurisdictions, classed as a highly-speculative form of financial gambling, binary options trading is steady on track to soon overtake FX trading in terms of trading volume, as a number of financial regulatory bodies, led by the Cyprus Securities and Exchange Commission, have reclassified it as a genuine financial instrument, thus providing much-needed credibility in the sector, along with the right of brokers to operate in a regulated manner throughout the European Union.

Another highly-anticipated perspective looking extremely likely to become reality in 2016 is for the United Kingdom’s Gambling Commission to transfer control and supervision over binary options to the country’s official Financial Conduct Authority, providing further customer protection via more specific regulatory measures. Undoubtedly other financial conduct and supervision institutions will follow suit as options’ trading has already become extremely popular among traders – due to their straight-forwards yet exciting nature binary options trading has attracted over 2,5 million active traders globally across a variety of brokerages, a number set to increase in 2016. And those very same reasons apply for operators too, which have found binary options highly-profitable. Just a quick example to put things in perspective: for the 14 months from September 2014 to October 2015 the total binary options trading volume in Japan alone stands astonishingly at just shy of $6 trillion or an average of $428,6 billion per month, according to the Financial Futures Association of Japan (JFSA).