The Italian watchdog CONSOB, Commissione Nazionale per la Societá e la Borsa blacklists a number of unauthorised and unregulated brokers with warnings to investors to avoid trading with them.
Binary options broker Hansa Equity SpA who promotes their financial services on website http://www. Hansa-equity.com and Markets Capital Ltd who uses website www.paydayoption.com have both been put on the blacklist. In a warning to investors CONSOB said that the platforms that these brands use are scams and use fraudulent high yield investment programs, together with aggressive marketing techniques. They are unregulated and have been blacklisted by some other European financial regulators as well.
*Check that the broker is regulated before you deposit funds
Italian investors have been advised by CONSOB to check registers to make sure that before they start trading with a binary options broker that they are regulated, making them safe to trade with.
Regulators Clamping down
Recently, binary options brokers have attracted bad press with exposes on scams and the methods they use for fleecing investors. As a result some countries have banned binary options trading, while France has banned online advertising. Financial authorities worldwide are clamping down by imposing stricter regulations on Forex and binary options brands.
Trade Safely with a Reputable Broker
24option is a brand that is safe and regulated by CONSOB and numerous other financial regulatory authorities. Investors can be assured that 24option offers safe trading conditions. They are rated as one of the top binary options brokers by investors around the world.
What is so special about this award winning broker?
• Regulated by CySec and other financial authorities
• Offer traders secure payment systems
• Accurate and fast trading platform
• No hidden fees
24option is a pioneer in binary options trading and has managed to maintain its reputation in the industry offering excellent trading conditions consistently. Besides the safe trading conditions, 24option offers traders:
• A selection of rich high quality assets to choose from
• Excellent payouts
• A demo account
• Outstanding 24/7 customer support
• In-depth and comprehensive education centre
*Trading Binary Options and substantial risk and may lead to loss of all invested capital. Make sure that you are not trading money that you cannot afford to lose.