Binary Options Germany
The simplicity and great returns of binary options are quickly increasing the popularity of this financial tool in Germany. And although binary option trading is a relatively new type of online business here, it is clear from the latest figures that Germany’s binary markets are among the fastest growing markets worldwide. This market is, however, not perfect yet. Below are the best trading platform for Binary Options traders in Germany:
StockPair is really popular choice in Germany. Read Review of Stockpair for more information. A binary broker is considered to be unregulated if it cannot fulfill the requirements set out by the regulatory authorities or its valuation is still pending. And all traders should know it best to trade with regulated binary options traders. However, surprisingly, there are still cases in which you might want to go for an unregulated broker instead.
Germany is actually one of first countries to take up binary options trading and its binary options market is currently one of the most developed markets in the world as well. In this best European economy at the moment, hundreds of binary options brokers are in operation and their activities are under the regulation of the Federal Financial Supervisory Authority (BaFin).
New beginning binary investors should understand how to distinguish regulated brokers from unregulated ones and the easiest way to do so is to look at the ‘license’. If a binary options broker meets the requirements of the authorities, it will be issued a license permitting its performance of trading activities and also considered as ‘regulated’.
The difference between licensed and unlicensed brokers lies in the safety of investors’ money. In the case of unlicensed brokers, even if they work well your money is still not completely safe. And in the event such brokers face bankruptcy, the German government cannot do anything about the loss of their clients. This is different with licensed brokers, who have a responsibility for their clients’ money. Therefore, there is no risk of them going bankrupt and their customers’ money is always safe.
Here are some important tips on choosing a German binary options broker for all traders. Remember that your best choice need not be a regulated broker. Sometimes unregulated brokers are better for you and as you have no way to tell, it’s best to check out as many customer reviews as possible to make the right choices.
Of course regulated binary brokers are still often preferred because of their great reputation and also their highly appealing promotions, some of which are the best in the market. The conditions for trading binary options in Germany are near perfect, which can be seen in only a few countries, naturally resulting in the popularity of this local market.