BOP so "it really doesn't matter a hoot if regulation exists or not" for your/broker point of view ofcourse you would say that but from consumer point of view the "wild west " status of this "Industry" breads more bd than good.
The product concept is attractive no doubt..
but when asked about very specifics like transparancy, client money safety etc promoters like yourselves have evaded the question...and just keep harping on :Regulations do no good...
these questions coem not becasue I have not read the T + C but by comparing this as an lternative to Exchange Traded ( SIPC protecte NOT FX/ Not CFD , Not even Futures) vanila equity an dIndex options offering on main markets.
So if you can prove with specifics BOs are better in every aspect . I will accept it openly..
Ok... I think you miss my point but then I don't really understand yours?!?!
My point is that if you don't like binary options as a product then simple. Don't trade them. If you do then great... carry on trading them. But don't think that the this big 'regulation' thing is the answer to everything that may or may not be wrong with the industry. Jeez.. we've had pension crisis, endowment scandals, PPI mis-selling (UK), companies collapse (Enron) and of course one that one people may just have heard of ... an entire financial banking collapse.. all under the watchful eyes of the regulatar!
My objection is that in the scheme of things people need to get real and stop thinking that just because something is 'regulated' that it can do no wrong and that the world is a safe place.