June 28, 2018 BY LeapRate Staff

ASIC review: 80% of Binary Options traders lose money, CFDs - 72%, FX - 63%

Australia financial regulator ASIC has issued what amounts to a warning to FX, CFD and Binary Options brokers in the country to clean up their act, in a release entitled ASIC calls on retail OTC derivatives sector to improve practices. ASIC formally stated that it has called on participants in the retail over-the-counter (OTC) derivatives sector…

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