Binary options are often viewed by regulators more as than investing because the "house" (broker) typically has a mathematical edge. In many structures, a trader must win more than 54.5% of the time just to break even.
: The ASIC banned sales to retail investors in 2021. 💡 Key Takeaway binary options
Due to high risks and fraud, many countries have restricted or outright banned binary options for retail (non-professional) traders. Binary options are often viewed by regulators more
: Fake brokers may demand copies of passports and credit cards under the guise of "government requirements". binary options