Trading forex, binary options and cryptocurrency can be a good experience. The last thing a trader wants to deal with is problems with the broker.
Every country has specific laws governing Forex, Options Brokers and cryptocurrency. When a new offer is introduced into the market, like binary options it opens the doors for scam brokers to come in and try to take advantage of the inexperienced trader.
Here at TheBinaryOptionsTrade.com, we review forex and binary option brokers to see if they are licensed or regulated brokers, or if they are simply a scam company.
A trader can never be 100% safe and secure and he need to ensure that the brokerage firm is registered and following the laws of a securities regulatory body.
We recommend you to do your own research, when making a decision which brokerage firm to use. A company that is licensed and regulated in the European Union or the UK is not necessarily licensed in say Saudi Arabia.
We recommend you to do your own research!