Binary option is outright illegal in many countries. EU, UK, and some other countries banned it even including Canada. It's an illegal activity because several risk factors such as manipulated price data. Hubet Vom spot trading is legal and regulated by the government. The government warned you through regulation, should've understood that binary option is a trap the first second you're in. While I am against things like this getting banned because it is not some scam, and it is up to people to make their decisions like gambling for example, it is going to lose you money but you make that decision. However, I also do understand why it's illegal as well, 90%+ of the people who do binary trading ends up losing money because it's such a hard concept to make money and the few that does make profit ends up making a lot and that is why the yare doing it. Sort of like lottery, you buy tickets, you lose, but enough people buy it, so one person wins a lot. It can be considered a scam because in essence, it is no different from gambling. However, it is dressed up with a fancy name like binary trading and is considered part of the professional financial market or as some others have said, it is gambling in disguise. Therefore, a complete ban may not be necessary, but it should be categorized as gambling, rather than being lumped together financial investment. Over 90% of gamblers also lose money, but EU, UK, and many other countries do not ban gambling. Their ban on binary trading is not accidental.
Binary option is outright illegal in many countries. EU, UK, and some other countries banned it even including Canada. It's an illegal activity because several risk factors such as manipulated price data. Hubet Vom spot trading is legal and regulated by the government. The government warned you through regulation, should've understood that binary option is a trap the first second you're in. While I am against things like this getting banned because it is not some scam, and it is up to people to make their decisions like gambling for example, it is going to lose you money but you make that decision. However, I also do understand why it's illegal as well, 90%+ of the people who do binary trading ends up losing money because it's such a hard concept to make money and the few that does make profit ends up making a lot and that is why the yare doing it. Sort of like lottery, you buy tickets, you lose, but enough people buy it, so one person wins a lot. It can be considered a scam because in essence, it is no different from gambling. However, it is dressed up with a fancy name like binary trading and is considered part of the professional financial market or as some others have said, it is gambling in disguise. Therefore, a complete ban may not be necessary, but it should be categorized as gambling, rather than being lumped together financial investment. Over 90% of gamblers also lose money, but EU, UK, and many other countries do not ban gambling. Their ban on binary trading is not accidental.

Binary option is outright illegal in many countries. EU, UK, and some other countries banned it even including Canada. It's an illegal activity because several risk factors such as manipulated price data. Hubet Vom spot trading is legal and regulated by the government. The government warned you through regulation, should've understood that binary option is a trap the first second you're in. While I am against things like this getting banned because it is not some scam, and it is up to people to make their decisions like gambling for example, it is going to lose you money but you make that decision. However, I also do understand why it's illegal as well, 90%+ of the people who do binary trading ends up losing money because it's such a hard concept to make money and the few that does make profit ends up making a lot and that is why the yare doing it. Sort of like lottery, you buy tickets, you lose, but enough people buy it, so one person wins a lot. It can be considered a scam because in essence, it is no different from gambling. However, it is dressed up with a fancy name like binary trading and is considered part of the professional financial market or as some others have said, it is gambling in disguise. Therefore, a complete ban may not be necessary, but it should be categorized as gambling, rather than being lumped together financial investment. Over 90% of gamblers also lose money, but EU, UK, and many other countries do not ban gambling. Their ban on binary trading is not accidental.

Binary option is outright illegal in many countries. EU, UK, and some other countries banned it even including Canada. It's an illegal activity because several risk factors such as manipulated price data. Hubet Vom spot trading is legal and regulated by the government. The government warned you through regulation, should've understood that binary option is a trap the first second you're in. While I am against things like this getting banned because it is not some scam, and it is up to people to make their decisions like gambling for example, it is going to lose you money but you make that decision. However, I also do understand why it's illegal as well, 90%+ of the people who do binary trading ends up losing money because it's such a hard concept to make money and the few that does make profit ends up making a lot and that is why the yare doing it. Sort of like lottery, you buy tickets, you lose, but enough people buy it, so one person wins a lot. It can be considered a scam because in essence, it is no different from gambling. However, it is dressed up with a fancy name like binary trading and is considered part of the professional financial market or as some others have said, it is gambling in disguise. Therefore, a complete ban may not be necessary, but it should be categorized as gambling, rather than being lumped together financial investment. Over 90% of gamblers also lose money, but EU, UK, and many other countries do not ban gambling. Their ban on binary trading is not accidental.