For example, the arrangement EU countries have with CySEC, the regulator of binary option brokers in Cyprus.Each country has its own financial regulator who is responsible for regulating binary option brokers, stock brokers, Forex dealers, and commodity exchanges. Some countries like those who are members of the European Union, accept brokers who are registered with one countries regulatory agency. For example, the arrangement EU countries have with CySEC, the regulator of binary option brokers in Cyprus.New Regulations For Japanese Binary Options Trading Rising popularity of binary options trading has forced regulators to bring this arm of financial market under the regulatory umbrella. And the latest country to regulate binary options trading is Japan. The Financial Futures Association of Japan (FFAJ) has unveiled comprehensive regulation to govern the binary options platforms. hellipRising popularity of binary options trading has forced regulators to bring this arm of financial market under the regulatory umbrella. And the latest country to regulate binary options trading is Japan. The Financial Futures Association of Japan (FFAJ) has unveiled comprehensive regulation to govern the binary options platforms.1- According to the new regulation, Japanese binary options providers are required to set up a base hour for the trading period. And they have to make sure that the binary option transactions with individual clients arent shorter than the base hour. Brokers were expecting that the FFAJ will set the minimum trading period at two hours.2- Some of the biggest worries for regulators across the globe are how binary options brokers set up prices and what they will do in case of a complaint. FFAJ has asked binary options providers to maintain the OTC model. Now it will be the providers responsibility to make the transactions more transparent and provide clients a fair trading environment where they can trade until moments before a trade ends.3- The Financial Futures Association of Japan (FFAJ) ruled that providing gifts and incentives like cash back and bonuses on binary option transactions influence the traders judgment. FFAJ doesnt consider that an appropriate way to attract new traders (it supports affiliate advertisements, though). Binary option providers operating in Japan will now have to stay away from such gifts and incentives.4- Most importantly, binary options brokers cannot sign up just any client. Now they have to ensure that the new client is suitable for binary options trading. The FFAJ requires them list the attributes of the customer, under what criteria a newbie can start trading and the provider will have to put a trading cap on every financial instrument it offers.Binary option providers will have to test the customers knowledge through an examination. And the difficulty level of examination should be such that it gives insights into all facets of a customers understanding of binary options trading. Traders who fail will not be allowed to place trades.However, FFAJ said that its new rulings will apply only on OTC binary options, not on-exchange binary options. Thats because a binary options trade has never taken place at a Japanese exchange. The FFAJs regulations have been designed specifically to oversee binary options market. The regulator plans to bring more regulations to legitimize the binary options market as it continues to grow worldwide.As the demand for the binary options OTC continues to grow, new regulations are being implemented in countries around the world and the latest update comes from Japan, as the FFAJ, Japans Financial Futures Association, put in place a detailed set of rules for binary options brokers seeking to become regulated in Japan. The rules are set to protect investors from possible scams, unfair payout structures, casino type features and lack of transparency. Once the regulations will take full affect and enforced, brokers offering binary options in Japan will be required to provide Japanese traders with an alternative to the correct platform setup and features. Lets explore some of the new rules that are to take affect:The new regulations on Binary Options in Japan may lead to tougher regulations in other countries around the world, possibly to a global standard set forth to ensure the greater transparency andsafety for binary options traders. The elimination of bad business practices is necessary to protect newcomers from many of the risk factors that are involved with high risk trading. Thank you for taking time to read about the new regulations in Japan.This is very sad to hear. I for one love to trade the short time frames, down to the 5 min, and I am more profitable do it than in other trading I have ever done. Being forced to switch to one hours would mean I have to put more of my money into each trade to maintain the same level of income, and that would really piss me off. I think if this type of regulation becomes the standard I will probably quit Binary altogether, and miss it terribly. As I see it, the only way to save this great business is for all the legit brokers to find a way to force out all the crooks. Come on guys, lets fix this now, before we lose it all.Online Trading is for 18. My website is supported in various languages and I encourage visitors to leave comments or email me with any questions at tradingbinaryonlinegmail This Blog is NOT under the ownership of any binary options company. US regulations important notice: Binary Options Companies are not regulated within the US. These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA). Please take notice that any unregulated trading activity by U.S. Citizens is considered unlawful. Trade at your own risk. Risk Disclosure: Binary Options Channel does not accept any liability for loss or damage as a result of reliance on the information contained within this website this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets never invest more money than you can risk losing.
