http://facebook.com/thebinarylabpage. I wanted to shed some light on a piece of #binaryoptionstrading news that is causing distress within my community. Generally, I strongly agree and support CYSEC's proposed changes for the improvement in binary options as outlined at http://www.financemagnates.com/binary-options/regulation/cysec-reforms-standardize-binary-options-trading/
However, many of our traders in Binary Lab are very concerned about possible removal of sub-5minute trading, which I believe is not only our main-stay of trading in Binary Lab, but also the very essence which draws people to trade Binary Options. Watch the video for my comments on this.
If push comes to shove, there are other regulatory frameworks that brokers might choose to come under, to continue giving traders confidence in their trading, and investment. Here is the page in the video where I outlined some other regulation bodies some of the brokers we work with are using:
As mentioned in the video, there are 24 Options and Bull Binary which already offer the "trade cancel" feature on trades mistakenly placed.
Meanwhile, IQ Option and Olymp Trade allow traders to exit their trades early, up till 20s, and 5s before the trades expire - across all expiry times.
Alternatively, you can also see a list of brokers which you can open an account via Binary Lab's referral, to receive FREE membership to our Binary Lab community, which includes access to Daily Webinars, Trading Indicators Systems, and Trader Mastermind GroupChat. http://thebinarylab.net/join-binary-lab-options/
Hope you find this video helpful!
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Founder, The Binary Lab
P.S. For e-mail updates, trading tips, webinar schedules, sign up to my mailing list at http://thebinarylab.net/sign-up/