How Good is Binary Options Trading?
Binary options trading has become significantly popular. Over the years, binary options trading continued to be a popular financial vehicle for traders who are seeking to diversify their investment portfolio. One of the reasons behind this is its simple trading premise and how it’s easily accessible to investors through online trading platforms.
Binary Options Trading India
With India's primary growth economy, with service industries and growing manufacturing, online trading has become a welcome choice to many residents who view this as a viable way to make a profit or earn an income.
Unfortunately, because of the lack of regulation and recognition of binary options in India, by the government, it is hard for Indian companies to enter the market place, Neither RBI nor SEBI regulates binary options trading in the country. However, that does not have to be the real issue since even if you reside in India, you will still be able to trade in options with the help of other registered brokers across the world. These brokers tend to be European based.
Binary Options Trading Singapore
Recently, trading Binary Options in Singapore has been legalized to the entire state in Singapore. The Monetary Authority of Singapore oversees regulation, however, there is a very apparent lack of regulated brokers. It cannot be easily regulated in many countries due to an unknown quantity.
But good thing is that it is entirely legal for offshore brokers to offer their services to Singaporeans and many of the top international brokers have taken the opportunity to make their websites easy to use and accessible for many countries across the world. As binary options become widely known, the regulation will improve which will make room for new native brokers to enter the market place, but in the meantime, there are a whole host of offshore brokers that are regulated and can be trusted.
Binary options are generally considered a safe investment. However, as with all money instruments, it pays to do your research to guarantee you are dealing with legitimate Brokers.